BHM Capital Financial Services PSC

BHM Capital, a prominent financial services firm from the UAE, showcased its expertise in enhancing the competitiveness of financial markets at the "Portfolio Egypt 2024" conference in Cairo. The event, organized by Al Mal GTM in partnership with various financial authorities, focused on the theme "Arab Stock Markets: Competition or Integration?" and gathered key figures from the Arab financial sector. BHM Capital's leadership highlighted their knowledge in areas like market making, liquidity provision, and financial derivatives, which are soon to be introduced in the Egyptian market. Alaa Dwekat, Deputy CEO of BHM Capital, emphasized the potential for turning challenges into opportunities through cooperation and integration, while Ma’an Albostami, COO, discussed the importance of derivatives trading and market makers. The conference was inaugurated by Egypt's Minister of Finance and included notable participants such as the UN Special Envoy for the 2030 Finance Agenda and the CEO of the Abu Dhabi Stock Exchange.

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.

BHM Capital has been appointed as the liquidity provider for GFH Financial Group B.S.C shares on the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX). This partnership aims to enhance the liquidity of GFH shares, ensuring greater price stability and more efficient transactions for both individual and institutional investors. BHM Capital will provide liquidity by entering two-way daily quotes into the trading systems in compliance with regulations. Abdel Hadi Al Sa’di, CEO of BHM Capital, emphasized that this role underscores their commitment to market access and financial solutions, aiming to support market efficiency and investor confidence. BHM Capital is a leading financial institution in the UAE, known for its services to individual and corporate investors and its leadership in financial technology.