SICO wins about $1.6 billion in new mandates in 2026
Bahraini investment bank SICO says it secured roughly $1.6 billion in new business from institutional and individual investors in 2026, announced at Gateway Gulf.
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what happened
According to Reuters, citing a Zawya report, Bahrain-based investment bank SICO said it has gained about $1.6 billion in new mandates from institutional and individual clients so far in 2026. The company made the announcement at the Gateway Gulf 2026 investment forum.
The total spans SICO's asset management, wealth management and investment banking divisions. Roughly $1.4 billion came as fresh inflows into managed public and private funds and portfolios, while over $200 million came from capital markets transactions and alternative investment products.
SICO Group chief executive Najla Al Shirawi credited investor confidence in the firm's capabilities and regional client relationships. She also thanked the Bahrain Economic Development Board and the Central Bank of Bahrain for supporting the kingdom's role as a regional financial hub.
why it matters
This is a corporate update on capital raised rather than a market-moving event. For investors it signals capital flowing into managed funds in Bahrain and the wider Gulf region, though its impact on broader markets is limited.
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sources
- ZAWYA: Bahrain's SICO bags $1.6bn in new mandates — Reuters, 3 November 2026 at 04:47 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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