Press releases, Reports & Disclosures for BHM Capital Financial Services PSC
BHM Capital Financial Services has been appointed as the liquidity provider for Alpha Data shares on the Abu Dhabi Securities Exchange (ADX). This partnership aims to enhance the liquidity of these shares, improve price stability, and facilitate efficient transactions for investors. BHM Capital will enter two-way daily quotes into the market's trading systems in line with ADX and UAE Securities and Commodities Authority regulations. Abdel Hadi Al Sa’di, CEO of BHM Capital, expressed pride in the appointment, emphasizing the company's commitment to improving market accessibility and fostering a dynamic and transparent marketplace. BHM Capital is a leading financial institution in the UAE, known for its advanced financial services and regional leadership.
BHM Capital, a prominent financial institution in the UAE, reported strong financial performance for 2024, marked by an 18.95% rise in total revenue to AED 162.63 million and an 18.84% increase in net profit to AED 37.48 million. This growth was driven by expanded financial services and increased trading activity. The company also saw a 7% rise in trading volume to AED 33.03 billion and a 16.35% increase in shareholders' equity to AED 263.44 million. Notably, new client acquisitions surged by 379.61%, with 33,563 new accounts, and the active client base grew by 39.99% to 26,472. CEO Abdel Hadi Al Sa’di attributed the success to the company's commitment to innovation and digital transformation, enhancing its competitive edge and solidifying its market position.
BHM Capital Financial Services P.S.C, a private joint stock company regulated by the Securities and Commodities Authority (SCA) in Dubai, held a board meeting on Thursday, 20 March 2025, from 1:00 PM to 2:00 PM. All seven board members were present, achieving a 100% quorum. The board approved the audited financial report for the year ending 31 December 2024 and proposed to the General Assembly the distribution of profits to shareholders as bonus shares, representing 15.3196% of the company's current paid-up capital, through the issuance of 26,568,932 bonus shares. The resignation of Eng. Abdullah Subhi Ahmed Atatrah, Vice Chairman of the Board, was accepted with gratitude for his contributions. Additionally, a seat on the Board of Directors was allocated for female representation.
BHM Capital Financial Services P.S.C, a private joint stock company regulated by the Securities and Commodities Authority (SCA) in Dubai, UAE, has announced the termination of its liquidity provision agreement with GFH Financial Group B.S.C. for shares on the Dubai Financial Market and the Abu Dhabi Securities Exchange. This termination is effective from April 18, 2025. The decision follows GFH's announcement on February 16, 2025, to suspend liquidity provision activities and resume treasury share buyback programs. The notification was submitted through the EFSAH electronic disclosure system and addressed to Mr. Hamed Ahmad Ali, the CEO of the Dubai Financial Market. The letter is signed by Abdel Hadi Al Sa’di, the CEO of BHM Capital.
BHM Capital Financial Services PSC, a private joint stock company regulated by the Securities and Commodities Authority (SCA) in the UAE, announced that its Board of Directors passed a resolution by circulation on March 6, 2025. The resolution approves a treasury share program allowing the company to purchase up to 10% of its shares, equivalent to a maximum of 17,343,106 shares. The Board recommended that the Annual General Assembly discuss and approve the treasury share program and complete all necessary procedures and regulatory approvals. The communication was addressed to Mr. Hamed Ahmad Ali, CEO of the Dubai Financial Market, and signed by Abdel Hadi Al Sa’di, CEO of BHM Capital.