SICO Draws $1.6 Billion in New Business at Gateway Gulf 2026
Bahrain-based SICO BSC announced roughly $1.6 billion in new mandates from institutional and individual investors at the Gateway Gulf 2026 Forum.
SICO BSC (c), a regional asset manager, broker, and investment bank headquartered in Bahrain, disclosed approximately $1.6 billion in newly awarded business at the Gateway Gulf 2026 Forum in Manama on Nov. 1, 2026. The announcements drew commitments from both institutional and individual investors, signaling continued appetite for Gulf-region financial services.
The firm operates across three key Gulf markets — Bahrain, Saudi Arabia, and the United Arab Emirates — positioning it as one of the more broadly networked mid-sized investment houses in the region. Gateway Gulf, held annually in Manama, serves as a principal venue where regional and international capital allocators assess emerging market opportunities across the Arabian Peninsula.
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The $1.6 billion figure represents new mandates rather than cumulative assets under management, a distinction that underscores active deal flow rather than legacy portfolio size. For a firm of SICO's regional footprint, securing that volume of fresh commitments at a single forum reflects strong investor confidence in Gulf capital markets at a time when GCC economies continue to diversify away from hydrocarbon dependence.
The announcement adds to a broader narrative of growing financial services activity across Bahrain, which has invested heavily in positioning itself as a regulatory and operational hub for asset management in the Middle East. SICO's simultaneous presence in Riyadh and Abu Dhabi allows it to capture deal flow across the two largest Gulf economies alongside its home market.
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