A Note from the CEO
As we step into the second quarter of 2025, I would like to take a moment to reflect on our achievements from the past year and outline our strategic priorities for the months ahead.
SICO has evolved into a truly regional investment firm, operating seamlessly across Bahrain, Saudi Arabia, and the UAE. This expansion strengthens our market access, allowing us to better serve our clients and align with our long-term vision of being the region’s partner of choice for innovative and reliable investment solutions.
Solid Growth in AUM
As of year-end 2024, SICO’s assets under management (AUM) reached USD 7.4 billion, securing our position among MENA’s top 20 asset managers and ranking SICO Group among the top eight Saudi asset managers. This reflects our disciplined approach to investment and our unwavering commitment to delivering value for clients.
As we step into the second quarter of 2025, I would like to take a moment to reflect on our achievements from the past year and outline our strategic priorities for the months ahead.
Strengthening Our Regional Presence
SICO has evolved into a truly regional investment firm, operating seamlessly across Bahrain, Saudi Arabia, and the UAE. This expansion strengthens our market access, allowing us to better serve our clients and align with our long-term vision of being the region’s partner of choice for innovative and reliable investment solutions.
Solid Growth in AUM
As of year-end 2024, SICO’s assets under management (AUM) reached USD 7.4 billion, securing our position among MENA’s top 20 asset managers and ranking SICO Group among the top eight Saudi asset managers. This reflects our disciplined approach to investment and our unwavering commitment to delivering value for clients.
Driving Innovation and Excellence
Our focus on digital transformation, operational efficiency, and enhanced customer experience continues to be a key pillar of our strategy. We are embracing advanced technologies to streamline processes and optimize client interactions, ensuring that SICO remains at the forefront of innovation in the financial sector.
Looking Ahead in 2025
As we enter 2025 and celebrate our 30th anniversary, we remain resolute in our commitment to driving sustainable growth. However, we recognize that the year ahead is likely to be a bumpy one, marked by increasing volatility and a range of uncertainties that could impact the market. While we are cautiously optimistic, we understand the need for vigilance and adaptability as we navigate these challenges.
Our focus remains on expanding our presence in Saudi Arabia, while also pursuing selective inorganic growth opportunities and introducing new business lines in the United Arab Emirates. Additionally, we aim to launch new products through SICO Capital in Riyadh, diversifying our offerings and responding to the evolving needs of our investors. These steps will allow us to stay agile and make the most of the opportunities that arise amid the ongoing market fluctuations.