BH Mubasher obtains Investment Management License

DUBAI: BH Mubasher Financial Services has obtained an Investment Management license from the Securities and Commodities Authority, a news release said.

The license will enable BH Mubasher to accommodate various investment objectives and offer fully fledged products and services to its clients, from institutions to individuals.

Abdel Hadi Al Sa’di, Chief Executive Officer of BH Mubasher,said, “We are pleased to obtain the Investment Management License. Our thanks go to the Securities and Commodities Authority for extending this opportunity, which broadens our portfolio of services even further. Obtaining the Investment Management License will warrant that we are a part of the UAE’s financial landscape as it further establishes itself as a developed market.”

Al Sa’di continued, “We are now able to manage the securities portfolios for our clients in accordance with investment objectives and policies. BH Mubasher appoints top experts in the field to preserve the wealth of its clients and follows the best practises and highest standards.”

BH Mubasher Financial Services is a listed company on the Dubai Financial Market with a paid-up  capital  of  AED  564  million  and  provides  a  wide  range  of  financial  services  and investment products.