BHM Capital Financial Services PSC

Logotype for BHM Capital Financial Services PSC
Ticker/ISIN
BHMCAPITAL
AEA006001019
Market/Country
Dubai Financial Market
United Arab Emirates

About BHM Capital Financial Services PSC

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 from BHM Capital Financial Services PSC

BHM Capital Financial Services P.S.C has announced the opening of nominations for its Board of Directors. Shareholders can submit their nominations from 8:00 AM on Friday, December 13, 2024, until 4:30 PM on Friday, December 27, 2024. Eligible individuals may apply by submitting their applications to the company's management at its head office on the 49th floor of Vision Tower in Dubai.
The Board of Directors of BHM Capital Financial Services P.S.C invites the company's shareholders to attend the General Assembly Meeting. The meeting will be held remotely on Tuesday, December 31, 2024, at 11:00 AM. If the quorum is not met, the meeting will be rescheduled for January 7, 2025, at the same time. The agenda for the meeting will be reviewed and discussed.
BHM Capital has achieved the largest share of new investor accounts on the Dubai Financial Market, adding nearly 37,000 accounts as of November 30, 2024. This accomplishment reflects strong investor interest in new market listings. BHM Capital also ranked second among brokerage firms by trading volume, holding a 12.78% market share with a trading value of AED 23.6 billion. CEO Abdel Hadi Al Sa’di highlighted the company's success in providing advanced trading services and technologies, which has enhanced market appeal and attracted diverse investors. The company aims to build on this success in the coming year.
BHM Capital Financial Services P.S.C, a private joint stock company regulated by the SCA, submitted a letter to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, through the EFSAH System on November 22, 2024. The letter outlines resolutions approved by the company's Board of Directors by circulation on the same date. The resolutions include: 1) Board members decided to resign due to a change in company ownership and upcoming phase requirements, effective after the next General Assembly meeting and the election of a new Board. 2) The nomination process for new Board members will be opened. 3) A recommendation for the General Assembly to appoint a new auditor and set their fees. 4) An invitation to convene the General Assembly to approve these matters. The letter is signed by Abdel Hadi Al Sadi, CEO of BHM Capital.
BHM Capital has been appointed as the liquidity provider for Lulu Retail Holding's shares, which are listed on the Abu Dhabi Securities Exchange. This appointment aims to enhance the efficiency and attractiveness of the UAE's capital markets. Lulu Retail Holding recently increased its initial public offering to 30% of its shares, with the IPO being oversubscribed more than 25 times, reflecting strong investor confidence. Abdel Hadi Al Sa’di, CEO of BHM Capital, highlighted the growing demand for liquidity services in the UAE's local capital markets, which help maintain stock liquidity and provide value to investors. BHM Capital is committed to supporting the stability and growth of the UAE financial sector, benefiting companies, investors, and the community. The company aims to boost market efficiency and investor confidence by providing liquidity services to companies listed on UAE exchanges. BHM Capital is a leading financial institution in the UAE, known for its pioneering role in financial technology.
BHM Capital, a leading financial institution in the UAE capital markets, reported a 6% increase in net profits for the first nine months of 2024, totaling AED 24.81 million compared to AED 23.47 million in the same period of 2023. The company's total assets grew by 17.4% to AED 1.4 billion, and total income increased by 22.57% to AED 117.9 million. The number of new client accounts rose by 334.52%, reaching 22,295. CEO Abdel Hadi Al Sa’di attributed these results to the UAE's supportive investment environment and the company's strategy of revenue diversification and investment in innovative solutions. Despite global challenges, BHM Capital's strategy has been successful. The company was also recognized as the "Best Equity Broker in Dubai" at the 2024 Annual Conference of the Arab Federation of Capital Markets.
BHM Capital Financial Services P.S.C, a private joint stock company regulated by the SCA, held a board of directors meeting on Friday, November 1, 2024, from 9:00 AM to 11:00 PM in Dubai, UAE. All five board members were present, achieving a 100% quorum. The meeting involved reviewing and approving the Q3 financial statements for 2024 and discussing regular operational matters and other business updates. The summary of the meeting was provided by Ma’an Albostami, the Board Secretary.
BHM Capital Financial Services has been appointed as the liquidity provider for ADNH Catering shares on the Abu Dhabi Securities Exchange (ADX). This partnership aims to improve liquidity, enhance price stability, and facilitate efficient transactions for investors. BHM Capital will enter two-way daily quotes into the market's trading systems, complying with ADX and UAE Securities and Commodities Authority regulations. CEO Abdel Hadi Al Sa’di expressed pride in this role, emphasizing the company's commitment to market efficiency and investor confidence. BHM Capital is a leading financial institution in the UAE, offering services to individual and corporate investors.

Threads

FinanceBroAED

FinanceBroAED

Commented on ConsumerPrincesss Transaction regarding BHM Capital Financial Services PSC

Looks like you're diversifying into Financials! BHM Capital at 1.39 AED? That's cheaper than my morning coffee. Let's hope it perks up your portfolio like caffeine does for me! ☕📈
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

Commented on ConsumerPrincesss Transaction regarding BHM Capital Financial Services PSC

Interesting move! Diversifying into BHM Capital Financial Services PSC could be a strategic play. With your current yields, this might balance out your portfolio. Best of luck! 🌟
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.

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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.

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