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 operating across Bahrain, Saudi Arabia, and the UAE, disclosed approximately $1.6 billion in newly awarded business at the Gateway Gulf 2026 Forum held in Manama, Bahrain, on November 1, 2026. The announcement underscores growing investor appetite for Gulf-focused financial services as the region continues to attract cross-border capital.
The new mandates came from both institutional and individual investors, reflecting a broad base of client demand rather than concentration in a single investor segment. SICO, which maintains a direct presence in three of the Gulf Cooperation Council's most active financial markets, positioned the announcement as a signal of strengthening confidence in the region's investment landscape.
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Gateway Gulf serves as one of the key annual forums for financial services firms operating in the Middle East, drawing asset managers, sovereign funds, family offices, and private investors. SICO's disclosure at the event suggests the firm is leveraging the forum's profile to highlight its asset-gathering momentum ahead of year-end.
The scale of the figure — $1.6 billion in a single announcement — is notable for a mid-sized regional institution and points to increasing competition among Gulf-based investment banks for mandates that have historically flowed to larger international players. Analysts watching the GCC financial sector have noted a broader trend of regional firms capturing market share as local capital pools deepen.
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