{
  "id": 17905016,
  "title": "SICO secures 1 6 billion dollars in new investment mandates",
  "url": "https://urgent.news/2026/11/03/sico-secures-1-6-billion-dollars-in-new-investment-mandates",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-03T03:23:56.000Z",
  "source": {
    "name": "Vietnam Investment Review",
    "slug": "vietnam-investment-review",
    "url": "https://vir.com.vn/sico-secures-16-billion-dollars-in-new-investment-mandates-164199.html"
  },
  "original_language": "en",
  "account": "MANAMA, Bahrain, Nov. 2, 2026 - SICO BSC, a prominent regional asset manager, broker, and investment bank with a presence in Bahrain, Saudi Arabia, and the UAE, reported today at the Gateway Gulf 2026 Forum in Manama that it has secured approximately USD 1.6 billion in new mandates from institutional and individual investors during 2026. The new mandates encompass a broad spectrum of asset classes, primarily in public markets, with a smaller portion in private markets. This includes around USD 1.4 billion in new investments in both public and private funds and portfolios managed by SICO, along with over USD 200 million in transactions and mandates across public and private markets, as well as alternative investment products.\n\nNajla Al Shirawi, Group CEO of SICO, stated that the USD 1.6 billion in new mandates awarded to the company by institutional and individual investors across Asset Management, Wealth Management, and Investment Banking underscores their confidence in SICO's capabilities, the strength of their client relationships throughout the region, and SICO's ability to fulfill diverse investment requirements. Al Shirawi emphasized that the company remains committed to connecting capital with opportunities, expanding its investment capabilities, and delivering long-term value for clients. She also highlighted the importance of innovation, disciplined execution, and client-focused solutions in navigating dynamic markets.\n\nAl Shirawi further commended the Bahrain Economic Development Board for convening regional and international investors through Gateway Gulf, and the Central Bank of Bahrain for its ongoing dedication to enhancing Bahrain's status as a leading financial and investment hub.",
  "summary": "Regional investment bank SICO secured 1 6 billion US dollars in new asset management mandates from institutional investors during the Gateway Gulf 2026 Forum in Manama",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}