BHM Capital Financial Services PSC

Logotype for BHM Capital Financial Services PSC
Ticker/ISIN
BHMCAPITAL
AEA006001019
Market/Country
Dubai Financial Market
United Arab Emirates
Latest Stock Price
3.64 AED
2024-09-30

Year to date

0.91 %

3 months

0.01 %

6 months

0.10 %

1 year

1.28 %

3 years

0.10 %

5 years

0.10 %

Country of Origin: United Arab Emirates (U.A.E)

BHM Capital Financial Services, previously known as BH Mubasher Financial Services, is a private joint stock company listed in Dubai Financial Market (DFM) and regulated by the UAE Securities and Commodities Authority.

Since its inception in 2006 it has been one of the top ranked firms in the country’s financial markets and a pioneer in financial technology making it a regional leader in providing essential tools for corporate and individual investors.

With a business driven by a commitment to integrity, innovation and client care we offer clients access to capital markets in UAE, KSA, USA, UK and other regional and international markets as well as a wide range of financial services and investment instruments including prime brokerage, investment management, market making, liquidity providing, corporate advisory and research.

The head office is located in Vision Tower, Dubai Business Bay, and has branches in Abu Dhabi, Sharjah, RAK, Al Ain and inside Dubai Financial Market (DFM) in Dubai.

Latest Pressrelease Summaries

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the SCA, has notified Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, that the Liquidity Provision Agreement for Agility Global PLC’s shares listed on the ADX will expire on September 30, 2024. Both parties have mutually agreed to terminate the agreement and not extend it for another term. The notification was submitted through the EFSAH System. The letter is signed by Abdel Hadi Al Sadi, CEO of BHM Capital.
BHM Capital Financial Services P.S.C, a private joint stock company regulated by the Securities and Commodities Authority (SCA) under registration number 604097, held a General Assembly Meeting on Monday, August 26, 2024, from 11:00 AM to 12:00 PM online. The meeting was chaired by Mr. Saeed Musallam Almazrouei and had an attendance quorum of 85.32% of the total capital. The attendance was distributed as follows: 5.87% personal attendance, 79.45% proxy attendance, and 85.32% attendance through electronic voting. The meeting resulted in the following resolutions: 1. Ordinary Resolution: Approval and ratification of the appointment of Mr. Hatem Salti as a member of the Board of Directors, as per the Board resolution dated April 18, 2024. 2. Special Resolution: Approval and ratification for the company to acquire Al Waqan Capital Investment LLC in exchange for issuing new shares to the partners.
BHM Capital Financial Services P.S.C, a private joint stock company regulated by SCA (Registration No: 604097), held a General Assembly meeting on Monday, 26 August 2024, from 11:00 AM to 12:00 PM online. The meeting was chaired by Mr. Saeed Musallam Almazrouei and had an attendance quorum of 85.32%, with 5.87% attending personally and 79.45% by proxy. The meeting approved the appointment of Mr. Hatem Salti as a Board member and the acquisition of Al Waqan Capital Investment LLC in exchange for issuing new shares to its partners.
The Board of Directors of "BHM Capital Financial Services P.S.C" invites the company's shareholders to attend the General Assembly Meeting, which will be held remotely/online on Monday, August 26, 2024, at 11:00 AM. If the quorum is not met, the meeting will be rescheduled to September 2, 2024, at the same time and place, to review and discuss the agenda.
BHM Capital Financial Services, a leading financial institution in the UAE, reported a 24% increase in its net pre-tax profit, reaching AED 18.4 million in the first half of 2024. After taxes, net profit was AED 16.8 million, a 14% rise from AED 14.8 million in the same period last year. The company's total income surged by 30% to AED 76.6 million, and total assets increased by 1%. The number of new accounts grew nearly fourfold to 19,192, significantly boosting market trading activity. CEO Abdul Hadi Al Sa’di attributed the profit increase to the company's strategy and efforts in diversifying revenue sources. BHM Capital is also a liquidity provider for many companies listed on UAE financial markets, contributing to their stability.
BHM Capital Financial Services PSC has released its condensed consolidated interim financial information for the six-month period ending on June 30, 2024.
BHM Capital Financial Services P.S.C, a private joint stock company regulated by the SCA, held a board of directors meeting on Friday, July 26, 2024, from 11:30 AM to 12:30 PM. All five board members were present, achieving a 100% quorum. The meeting resulted in the following decisions: approval of the H1 2024 consolidated financial statements, discussion of the acquisition details of a target company in various sectors including education and real estate, approval to call for a general assembly meeting to consider the acquisition proposal pending regulatory approvals, and other regular matters. The meeting was documented by Board Secretary Ma’an Albostami.
BHM Capital Financial Services P.S.C, a private joint stock company regulated by the SCA (Registration No: 604097), will hold a board meeting on Friday, 26th July 2024 at 11:30 AM. The agenda includes reviewing and approving the H1 financial statements for 2024, discussing the acquisition of a company involved in education, real estate development, investment, and other sectors, and discussing operational matters. The meeting will be chaired by Ma’an Albostami, the Board Secretary.

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Dubai Financial Market News

Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Press release

BHM Capital has been appointed as the liquidity provider for Spinneys' shares on the Dubai Financial Market (DFM). This appointment involves BHM Capital entering two-way daily quotes into the market trading system in compliance with DFM and UAE Securities and Commodities Authority regulations. Abdel Hadi Al Sa’di, CEO of BHM Capital, mentioned that this initiative aims to enhance the company's position in the market, stabilize share prices, and facilitate trading for investors. He also noted that BHM Capital previously provided price stabilization for Spinneys' shares when they were newly listed on May 9, 2024. BHM Capital is a leading financial institution in the UAE, offering services to individual and corporate investors and is known for its role in financial technology. For more information, visit www.bhmuae.ae.

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Dubai Financial Market News

Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Notification from the company

BHM Capital Financial Services PJSC, a private joint stock company regulated by the Securities and Commodities Authority (SCA), announced the expiry of its Liquidity Provision Agreement with Al Ansari Financial Services PJSC, effective June 28, 2024. The agreement will not be renewed, and BHM Capital will fulfill its obligations until the specified date. The announcement was submitted to the Dubai Financial Market through the EFSAH System.

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Dubai Financial Market News

Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Press Release

BHM Capital has been appointed as the liquidity provider for Drake and Scull International PJSC’s (DSI) shares on the Dubai Financial Market (DFM). As part of this role, BHM Capital will enter two-way daily quotes into the market trading system in accordance with regulations set by the DFM and the UAE Securities and Commodities Authority (SCA). Abdel Hadi Al Sa’di, CEO of BHM Capital, highlighted that this initiative aims to stabilize DSI's share price fluctuations, enhance investment opportunities, and streamline the trading process for all investors. He also expressed gratitude to various regulatory bodies and stakeholders for their support in the restructuring plan of DSI.

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CashwariyaRai

CashwariyaRai

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Dubai Financial Market News

Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Press release

BHM Capital, a major financial institution in the United Arab Emirates, has seen a 22% increase in profits in the first quarter of 2024, reaching AED 9 million, compared to AED 7 million in the same period in 2023. The company's total assets also increased, reaching AED 1.3 billion. Revenue from trading commissions and consultancy fees rose by 12%, and margin financing revenue grew by 127%. The company's total income at the end of the first quarter of 2024 increased by 47%, exceeding AED 37.5 million. The CEO of BHM Capital attributes these positive results to the company's effective investment strategy, developmental services, and partnerships and acquisitions.

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Dubai Financial Market News

Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Press release

BHM Capital, a major financial institution listed on the Dubai Financial Market, has won the "Best Equity Broker in Dubai" award at the 2024 Arab Federation of Capital Markets Conference. The award recognizes BHM Capital's performance in 2023. The conference, hosted by the Qatar Stock Exchange, gathered key stakeholders in finance to discuss challenges and opportunities in Arab capital markets. Deputy CEO of BHM Capital, Alaa Dwekat, and Chief Business Development Officer, Ayman Ghoneim, accepted the award. Dwekat noted the award reflects the company's commitment to improving Arab capital markets and the trust of its customers and investors. He also credited the supportive environment and assistance from UAE authorities for the company's success.

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Dubai Financial Market News

Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Results of BOD meeting

BHM Capital Financial Services P.S.C, a private joint stock company regulated by SCA (Registration No: 604097), held its board meeting on Friday, 10 May 2024. The meeting, which started at 11:00 AM and ended at 12:00 PM, was attended by all five board members, achieving a 100% quorum. The board approved the Q1 Consolidated Financial Statements for the year 2024 and discussed regular matters and other business. The information was confirmed by the Board Secretary, Ma’an Albostami.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: BOD Meeting

BHM Capital Financial Services P.S.C, a private joint stock company regulated by SCA with registration number 604097, has scheduled a board of directors meeting for Friday, 10 May 2024 at 11:00 AM. The agenda includes reviewing and approving Q1 Financial Statements of 2024, and discussing operational matters. The notice was issued by the board secretary, Ma’an Albostami.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Press release

BHM Capital, a prominent financial institution in the United Arab Emirates, has been appointed as the liquidity provider for Agility Global PLC's shares on the Abu Dhabi Securities Exchange (ADX). BHM Capital will provide liquidity for the shares by entering two-way daily quotes into the market trading system. The move is expected to stabilize the price movements of Agility Global's shares and provide opportunities for investors to diversify their portfolios.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Press release

BHM Capital, a UAE-based financial institution, has announced the launch of its Fixed Income Division. The new department will act as an active proprietary market-maker of global credit instruments, both conventional and sharia-compliant, with a primary focus on the MENA region. The company's CEO, Abdel Hadi Al Sa’di, emphasized the strategic importance of the Fixed Income desk, stating it would provide clients with superior liquidity, pricing, and execution across regional and global financial markets. He also noted the potential for fixed income investments to diversify and stabilize investor portfolios. The move coincides with a rapid expansion of debt capital markets in the GCC region.

1. Attached Document