#Bahrain #Manama #Gateway Gulf #SICO

SICO Announces New Contracts at Gateway Gulf 2026

In a significant financial disclosure, SICO BSC, a prominent regional asset manager, broker, and investment bank, revealed that it has secured new contracts totaling approximately $1.6 billion. This announcement was made at the Gateway Gulf 2026 forum held in Manama, Bahrain, marking a pivotal moment for institutional and private investors in the region.

Overview of New Contracts

The newly awarded contracts represent the comprehensive value of mandates acquired by SICO in various sectors including asset management, private banking, and investment banking. The company has been gaining traction across a wide array of asset classes, heavily focusing on public markets while also engaging in private market transactions.

Among the new agreements, SICO reported inflows and investments amounting to roughly $1.4 billion in public and private funds and managed portfolios. Furthermore, it has also finalized transactions and mandates valued at over $200 million within both public and private markets, as well as in alternative investment products.

Najla Al Shirawi, the Group CEO of SICO, expressed her views stating, "The new mandates worth $1.6 billion reflect the trust that our institutional and private clients have in our competencies, the robustness of our customer relationships throughout the region, and our capacity to meet their diverse investment needs. We remain focused on connecting capital with opportunities, advancing our investment capabilities, and creating long-term value for our clients."

Future Prospects

Looking ahead, Al Shirawi acknowledged the dynamic market conditions that highlight the importance of innovation, disciplined execution, and customer-centric solutions. She emphasized that SICO's ability to anticipate evolving investor needs and recognize emerging opportunities will be crucial to its growth and leadership position in the region.

In her closing remarks, she praised the Bahrain Economic Development Board for facilitating the Gateway Gulf initiative, which brings together regional and international investors, as well as the Central Bank of Bahrain for its ongoing commitment to enhancing the Kingdom’s stature as a premier financial and investment hub.

The announcement highlights a promising future for SICO, as it continues to expand its footprint in the financial services industry in Bahrain and beyond. With a focus on adapting to market demands and leveraging opportunities, SICO is poised for continued growth as a trusted partner for investors.

In conclusion, the news coming out of the Gateway Gulf 2026 forum solidifies SICO’s reputation as a key player in the investment landscape, reinforcing its commitment to providing innovative financial solutions that cater to a wide range of client requirements.