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 regional asset manager, broker, and investment bank headquartered in Bahrain, announced approximately $1.6 billion in new business at the Gateway Gulf 2026 Forum in Manama on November 1, 2026. The capital commitments came from both institutional and individual investors, underscoring sustained appetite for Gulf-region investment products.
SICO operates directly across three Gulf Cooperation Council markets — Bahrain, Saudi Arabia, and the United Arab Emirates — positioning the firm at the center of regional capital flows. The Gateway Gulf forum, held annually in Manama, serves as a key convening point for financial institutions, sovereign entities, and private capital across the Middle East and North Africa region.
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The announcement reflects broader momentum in Gulf financial markets, where asset managers have increasingly competed for mandates as regional sovereign wealth funds and high-net-worth individuals diversify portfolios beyond traditional energy-linked assets. SICO's ability to attract this volume of new business in a single forum setting signals competitive strength in both institutional brokerage and investment banking verticals.
The scale of the mandate — $1.6 billion announced at a single event — highlights the growing significance of Gulf-based forums as deal-making venues rather than purely networking occasions. Analysts watching the MENA asset management sector have noted accelerating consolidation of mandates among established regional players with multi-market regulatory footprints.
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