Press releases, Reports & Disclosures for BHM Capital Financial Services PSC
Takaful Emarat, a company listed on the Dubai Financial Market, has appointed BHM Capital as its liquidity provider. This partnership aims to enhance the stability and attractiveness of Takaful Emarat's shares, supporting the company's expansion and sustainable growth. BHM Capital will improve the liquidity of Takaful Emarat shares by managing bid and ask orders, which will help stabilize the share price and facilitate trading for investors. The collaboration aligns with BHM Capital's strategy to support national companies and enhance market efficiency. BHM Capital is a prominent financial institution in the UAE, known for its financial technology and services for individual and corporate investors.
BHM Capital Financial Services, a private joint stock company regulated by the Securities and Commodities Authority (SCA) in the UAE, issued a notification regarding the resolutions from its General Assembly meeting held on April 21, 2025. The resolutions included a capital increase and a share buyback program. The capital increase is intended to enhance the company's financial capabilities and support its strategic goals, allowing for future expansion. The share buyback reflects management's confidence in the company's position and operations, aiming to add value for shareholders when the current share price does not reflect its intrinsic value. These strategic decisions aim to enhance financial flexibility, support expansion plans, strengthen investor confidence, and achieve sustainable value for shareholders. The notification was submitted through the EFSAH electronic system and addressed to Mr. Hamed Ahmad Ali, CEO of Dubai Financial Market.
BHM Capital Financial Services P.S.C, a private joint stock company regulated by the Securities and Commodities Authority, held its General Assembly Meeting online on April 21, 2025, from 11:00 AM to 12:10 PM. The meeting was chaired by Sheikh Dr. Ammar Nasser Almualla, with a quorum of 72.62% attendance through electronic voting. The assembly resolved to approve the Board of Directors' report, the external auditor’s report, the balance sheet, and the profit and loss account for the fiscal year ending December 31, 2024. Additionally, the members of the Board of Directors and the external auditor were discharged from liability for the same fiscal year.
BHM Capital Financial Services P.S.C, a private joint stock company regulated by the Securities and Commodities Authority, announced the expiry of its Liquidity Provision Agreement with RAK Properties PJSC. The agreement, related to shares listed on the Abu Dhabi Securities Exchange, will not be renewed by mutual consent. The announcement was made to Hamed Ahmed Ali, CEO of the Dubai Financial Market, through the EFSAH electronic disclosure system, and was signed by Abdel Hadi Al Sadi, CEO of BHM Capital.
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.