Press releases, Reports & Disclosures for BHM Capital Financial Services PSC

BHM Capital, a major financial institution in the UAE capital markets, has secured an activity from the Dubai Financial Market (DFM) to become a regulated short selling provider. This allows BHM Capital to offer a regulated short selling service to investors, allowing them to sell securities they don't own, provided they pledge to return them based on a stock lending and borrowing agreement, according to DFM's rules and regulations. Abdel Hadi Al Sa’di, CEO of BHM Capital, expressed gratitude to DFM for the trust and highlighted this as an affirmation of their esteemed standing in the region.

Waha Capital PJSC has appointed BHM Capital, a leading financial institution in the UAE capital markets, as its Liquidity Provider. As per the agreement, BHM Capital will ensure liquidity for Waha Capital's shares by actively participating in market trading, adhering to regulations set by the Abu Dhabi Securities Exchange and the UAE Securities and Commodities Authority. BHM Capital's CEO, Abdel Hadi Al Sadi, expressed gratitude for the appointment, stating it would enhance investor opportunities and facilitate portfolio diversification. BHM Capital is a top-ranked financial services company, regulated by the UAE Securities and Commodities Authority, and is listed on the Dubai Financial Market.

BHM Capital, a leading financial institution in the UAE, has reported a 145% increase in profits for the first nine months of 2023, reaching AED 27 million compared to AED 11 million in the same period of 2022. This growth is attributed to the company's successful strategies, ambitious goals, and commitment to diversify its revenues and expand partnerships. The company's total assets also grew by 18%, reaching AED 889.8 million. Revenue from trading commissions and consultancy fees reached 61%, while margin financing revenue grew by 81%. The company's total income increased by 63%, surpassing AED 96.21 million. CEO Abdel Hadi Al Sa’di expressed satisfaction with the results, attributing the growth to effective investment strategies, developmental services, partnerships, and acquisitions.

BHM Capital Financial Services P.S.C., a private joint-stock company regulated by SCA, held a board meeting on October 20, 2023. The meeting began at 10:30 AM and ended at 11:30 AM, with all five board members present, achieving 100% quorum. The board approved the Q3 Consolidated Financial Statements for 2023 and discussed operational activities. The meeting was led by Board Secretary, Ma'an Albostami.

BHM Capital Financial Services P.S.C, a private joint stock company regulated by SCA with registration No: 604097, is holding a board of directors meeting on Friday 20 October 2023 at 10:30 AM. The agenda for the meeting includes reviewing and approving Q3 Financial Statements of the year 2023 and discussing operational matters. The notice was released by the board secretary, Ma’an Albostami, on Monday 16 October 2023. The company is based in Dubai, UAE.

The CEO of BHM Capital Financial Services PSC, Abdel Hadi Al Sa’di, responded to an inquiry from the Dubai Financial Market about the recent increase in trading of the company's shares. He confirmed that there is no undisclosed operational or technical information or news related to the company's operations that could justify the increase in share trading.

EIH Financial Services LLC has informed the Dubai Financial Market (DFM) that it owns 66.97% of BHM Capital Financial Services PSC's total shares, which amounts to 116,146,786 shares. These shares are held through EIH's personal trading account with DFM. The disclosure is in line with the Authority Board of Director's decision number (3) of 2000 regarding disclosure and transparency regulations, as well as DFM Board of Directors' decisions. A copy of the disclosure was also sent to the Securities and Commodities Authority.