SICO Secures $1.6 Billion in New Business at Gateway Gulf 2026
Bahrain-based SICO BSC announced $1.6 billion in new mandates from institutional and individual investors at the Gateway Gulf 2026 Forum in Manama.
SICO BSC (c), a Bahrain-headquartered asset manager, broker, and investment bank, disclosed approximately $1.6 billion in newly awarded business at the Gateway Gulf 2026 Forum held in Manama on Nov. 1, 2026. The firm operates directly across Bahrain, Saudi Arabia, and the United Arab Emirates, positioning it as one of the Gulf region's more broadly distributed financial services providers.
The capital commitments came from both institutional and individual investors, signaling broad-based confidence in SICO's regional investment platform. The Gateway Gulf Forum serves as a prominent venue for financial institutions operating across the Gulf Cooperation Council to announce strategic transactions and attract new capital.
Read more UPM-Kymmene Completes Partial Demerger, WISA Group Set for Helsinki Listing →
The announcement underscores continued appetite among Gulf-region investors for locally rooted asset management and brokerage services, even as global markets face persistent macroeconomic headwinds. SICO's multi-jurisdiction footprint across the GCC's three largest financial centers may be a contributing factor in drawing mandates from a diverse investor base.
The scale of the new business—$1.6 billion disclosed at a single forum appearance—represents a notable capital-raising milestone for a regional firm operating in a competitive landscape alongside both global banks and sovereign-backed investment vehicles.
Continue reading at All Financial Services & Investing.
