SICO Draws $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 in Manama, the firm announced Monday. The mandates were drawn from both institutional and individual investors, underscoring continued capital market activity across the Gulf region.
SICO operates with direct offices in Bahrain, Saudi Arabia, and the United Arab Emirates, positioning the firm as a multi-market participant in the broader Middle East and North Africa financial landscape. The Gateway Gulf forum serves as a prominent annual venue for regional finance and investment announcements.
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The scale of the new business figure signals sustained investor appetite for regional asset management and brokerage services despite global macroeconomic headwinds. While SICO did not break down the $1.6 billion figure by asset class or geography in the announcement, the dual sourcing from institutional and retail channels suggests broad-based demand across client segments.
The announcement adds to a pattern of Gulf-based financial institutions reporting significant capital inflows as sovereign wealth activity and private investment continue to expand across the Arabian Peninsula. SICO's regional footprint and diversified service model — spanning asset management, brokerage, and investment banking — may give it structural advantages in capturing cross-border mandates.
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