Latest news with #BHMCapital
Gulf Today
4 days ago
- Business
- Gulf Today
BHM Capital extends its heartfelt congratulations to Lulu Retail Holding on the occasion of its inclusion in the FTSE Emerging Markets Index
Gulf Network BHM Capital extends its heartfelt congratulations to the Board of Directors and Executive Management of Lulu Retail Holding on the occasion of its inclusion in the FTSE Emerging Markets Index—a new milestone that reflects the company's leading position in the retail sector and affirms global market confidence in its performance. This achievement comes as part of a series of successes by several listed companies that have entrusted and appointed BHM Capital as the stablizing agent and/or liquidity provider. The list includes companies listed in DFM and ADX such as Gulf Navigation Holding, Waha Capital, Taaleem, Ajman Bank, Abu Dhabi National Hotels, Abu Dhabi Catering and Hotels, Phoenix, Dubai Taxi, and Spinneys. The inclusion of listed companies in any of the global indecies is a highly recognized and significant step toward expanding the investor base and enhancing the presence of UAE companies on the investment map of international investors. On this occasion, we once again extend our sincere thanks and appreciation to the Boards of Directors and Executive Management of these leading companies for their trust in BHM Capital as a reliable partner in supporting their investment strategies, and for their active role in the development of the UAE's capital markets.
Zawya
15-05-2025
- Business
- Zawya
BHM Capital reports strong Q1 profit growth
United Arab Emirates, Dubai: BHM Capital, a leading financial and investment services firm in the UAE, announced strong financial results for the first quarter of 2025, posting a net profit of AED 11 million—up from AED 9 million in the same period of 2024—reflecting a 23% year-on-year growth. This impressive performance comes despite ongoing global market challenges, highlighting the company's resilience and the efficiency of its management. BHM Capital has solidified its position as the largest market maker and liquidity provider in the UAE by market share and trading volume, significantly enhancing market efficiency and delivering added value to both the markets and investors. The firm also recorded substantial growth in its client base, with 8,133 new accounts opened in Q1—representing 41.37% of all new accounts in the market during the period, according to official data from the Dubai Financial Market. This marks a clear indicator of growing investor confidence in BHM Capital's advanced service offerings. In support of its expansion strategy, the company is currently working on increasing its capital by AED 200 million. This capital raise aims to finance future initiatives and strengthen its presence in local, regional, and global markets. Shaikh Dr. Ammar Almualla, Chairman of BHM Capital, commented: "BHM Capital 's Q1 2025 results are a true reflection of the strategic vision set by our Board of Directors—one that aims to establish the company as a leading financial institution with strong competitive capabilities and long-term sustainability. Despite local and global market fluctuations, BHM Capital has demonstrated the agility and expertise needed to continue delivering growth and strengthen investor trust. With our planned geographic expansions and capital increase, we are entering a new phase of institutional excellence and leadership in the financial sector." Mr. Abdel Hadi Al Sa 'di, Chief Executive Officer, added: "The strong results we achieved in Q1 2025 are the outcome of collective effort and our unwavering commitment to serving clients and creating added value in everything we do. Our profit growth, rising client numbers, and exceptional performance as a market maker, liquidity provider, financial advisor, and portfolio/fund manager reflect the success of a clear, diversified, and ambitious strategy. With the upcoming capital increase, we are preparing for a broader expansion into regional markets, some of which—such as Bahrain, Oman, and Egypt—we've already announced, along with new markets like Armenia, Kazakhstan, Iraq, and Jordan, which have recently joined the Tabadul platform. We are also boosting our investments in technology, infrastructure, and artificial intelligence to serve our investors with the highest standards." BHM Capital remains committed to providing comprehensive financial and investment solutions that support investor aspirations and contribute to the development of financial markets at all levels. About BHM Capital Financial Services: BHM Capital is a leading private joint stock company listed in the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) and regulated by the UAE Securities and Commodities Authority providing services to individual and corporate investors. Since its establishment, 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 clients. For more information, please visit: For any media queries, please contact: Tala Abdel Karim
Zawya
14-05-2025
- Business
- Zawya
BMH Capital opens its doors to University of Fujairah students for specialized financial markets training
United Arab Emirates, Dubai: As part of its ongoing efforts to strengthen ties with academic institutions and prepare the next generation of national talent, BHM Capital, the leading financial institution in the capital markets of the United Arab Emirates, hosted a group of students from the University of Fujairah to its Dubai headquarters. The visit was part of a broader initiative to bridge the gap between academia and industry, offering students an in-depth look into the operational landscape of financial markets and equipping them with the practical tools needed to thrive in this dynamic sector. The BHM Capital team guided the students through a series of interactive sessions covering key topics such as an introduction to capital markets, client onboarding processes, regulatory frameworks, brokerage operations, risk management in capital markets, digitalization and online trading, the role of market makers, as well as financial crime and market manipulation. These sessions provided students with a valuable opportunity to develop a comprehensive understanding of the financial ecosystem and to deepen their awareness of the challenges and opportunities it presents. Ayman Ghoneim, the Chief Operating Officer at BHM Capital, stated: "We believe that nurturing professionally skilled youth is essential to the long-term sustainability of the financial services sector. Accordingly, we place significant importance on initiatives of this nature, designed to bridge the gap between academic theory and workplace reality. Each time we host university students; we strive to provide meaningful information that empowers them with real-world tools to evaluate career paths and pursue excellence.' He added: "The University of Fujairah is an emerging academic institution with strong ambitions, and we are proud to support its mission by offering professional exposure to its students. We remain open to expanding our educational partnerships and are committed to fostering a supportive environment for experiential learning. Our goal is to help nurture a generation of skilled Emirati professionals capable of competing in both local and regional markets.' The students expressed great enthusiasm about the visit, describing it as both eye-opening and inspiring. They shared that the experience offered valuable insights into the functioning of financial markets and addressed many of their questions about brokerage, trading, and financial technology applications. Many students voiced a strong interest in continuing their training with BHM Capital and pursuing future opportunities in this dynamic and globally influential industry. This initiative is part of a wider series of training and awareness programs organized by BHM Capital in collaboration with universities and educational institutions across the UAE. It underscores the company's commitment to promoting financial literacy among the younger generation, contributing to a knowledge-based economy built on skill and innovation, and linking academic learning with practical experience to better prepare students and graduates for successful careers in today's job market. About BHM Capital Financial Services: BHM Capital is a leading private joint stock company listed in the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) and regulated by the UAE Securities and Commodities Authority providing services to individual and corporate investors. Since its establishment, 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 clients. For more information, please visit: For any media queries, please contact: Tala Abdel Karim
Zawya
10-04-2025
- Business
- Zawya
Alpha Data up as stabilisation ends: IFR
The stabilisation period ended for ADX-listed Alpha Data with 6.9m shares used to support the stock, representing 17% of a 40m-share brownshoe. Use of stabilisation reduces the deal to Dh589.7m (US$160.5m) from Dh600m. No shares were bought during the first week of trading following the company's March 11 debut. In the following weeks stabilisation agent BHM Capital was active with 871,550 shares bought between March 18–24, 353,017 bought from March 25–April 2 and, amid more recent market turmoil, a much larger 5.68m were bought between April 3–9. Alpha Data provided a relatively positive data point for UAE private sector IPOs at debut, closing up 6.7% on its Dh1.50 issue price on day one, and while under pressure it didn't close below issue until April 7. After slipping as low as Dh1.47 on Monday the stock appears to be showing signs of recovery and closed up 1.3% at Dh1.54 on Wednesday. EFG Hermes and Emirates NBD were joint global coordinators, and joint bookrunners with Abu Dhabi Commercial Bank. All of 2024's private sector deals remain below issue, with the worst being Lulu Group down 42.7%. Of 2024's issuance in the UAE, only state-backed Parkin has delivered sizeable returns for investors, with shares 127.6% above issue.
Zawya
27-03-2025
- Business
- Zawya
BHM Capital achieves outstanding financial performance in 2024
United Arab Emirates, Dubai: BHM Capital, the leading financial institution in the capital markets of the United Arabic Emirates, has announced remarkable financial performance for the year 2024, further solidifying its position as a key player in the industry. The company demonstrated significant growth across various financial and operational indicators. BHM Capital reinforced its market position with an 18.95% increase in total revenue, reaching AED 162.63 million, up from AED 136.73 million in 2023. This growth was fueled by the expansion of financial services and higher trading activity. Meanwhile, net profit rose by 18.84%, amounting to AED 37.48 million, up from AED 31.54 million in the previous year, underscoring improvements in operational efficiency, cost management, and the company's ability to capitalize on growth opportunities in the local and regional financial markets. BHM Capital also recorded a 7% increase in trading volume, reaching AED 33.03 billion in 2024, a testament to growing investor confidence and the company's success in attracting a wider base of individual and institutional clients. The company's shareholders' equity expanded by 16.35%, reaching AED 263.44 million, up from AED 226.42 million in 2023. This reinforces BHM Capital's strong financial position and supports its ambitious growth plans, including investments in fintech innovations. One of the most notable achievements of 2024 was the remarkable surge in new client acquisitions. The number of new registered accounts rose by 379.61%, reaching 33,563 accounts, compared to 6,998 accounts in 2023. Additionally, the number of active clients' base increased by 39.99% to 26,472, up from 18,910 in the previous year. This growth reflects the success of the company's expansion strategies, as well as the effectiveness of its digital transformation initiatives in attracting and engaging more clients. Abdel Hadi Al Sa'di, the CEO of BHM Capital, affirmed that the company's outstanding financial performance in 2024 is a testament to its unwavering commitment to delivering top-tier financial services that drive the growth and development of capital markets in the UAE and beyond. "Over the past year, we have reinforced our competitive edge by investing in innovation and developing advanced trading solutions tailored to the evolving needs of investors. Our strong revenue growth and increased operating profits have further solidified BHM Capital's position as one of the leading providers of integrated financial services in local and regional markets," stated Al Sa'di. He added: "2024 was an exceptional year in expanding our customer base, as we witnessed a significant increase in new account registrations. This growth reflects the success of our strategic marketing efforts, the rising confidence of investors in our services, and the growing attractiveness of local and regional capital markets. The notable rise in trading volumes further underscores the diversity of our financial offerings and our ability to cater to a broad spectrum of investors' Looking ahead to 2025, Al Sa'di reaffirmed BHM Capital's commitment to sustaining its growth momentum through continued innovation in financial services, the expansion of digital solutions, and the strengthening of strategic partnerships that empower investors and deliver long-term value to shareholders, clients, and stakeholders. He also highlighted the company's ongoing dedication to advancing fintech and digital transformation, aimed at enhancing platform security and efficiency, while reinforcing its leadership in the financial sector. This strong performance has further solidified BHM Capital's standing in the UAE's financial sector. The company was recently honored with three prestigious awards from the Abu Dhabi Securities Exchange (ADX), recognizing it as the top broker by registered services, the leading liquidity provider by number of registered companies, and the top firm in newly registered trading accounts through electronic channels. With its continued dedication to innovation and market development, BHM Capital remains at the forefront of the UAE's financial sector, playing a pivotal role in shaping the future of capital markets regionally and beyond. About BHM Capital Financial Services: BHM Capital is a leading private joint stock company listed in the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) and regulated by the UAE Securities and Commodities Authority providing services to individual and corporate investors. Since its establishment, 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 clients. For more information, please visit: For any media queries, please contact: Tala Abdel Karim
