21/06/2018
SICO launches premier issue of Radius

SICO's first corporate newsletter of 2018 displays the bank's new corporate identity and presents news and financial information in a more user-friendly manner that achieves greater transparency with both clients and the general public.

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20/06/2018
SICO appointed as market maker for Bank ABC

Central Bank of Bahrain approves Bank ABC’s market making arrangement to support liquidity in ABC share price

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13/05/2018
Investors anticipate significant surge in saudi equity market. Focus on index inclusion, reform and rising corporate profitability

The Saudi equity market is gaining momentum as it heads for possible inclusion in MSCI’s influential emerging market index in 2018, following the FTSE upgrade as an emerging market last month.

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11/05/2018
Bahrain announces $1 billion energy project fund

Bahrain has announced the launch of a new energy fund, a first-of-its-kind in the GCC that will provide institutional investors with access to portfolio of energy projects.

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08/05/2018
SICO appointed lead manager and underwriter for IPO by APM Terminals

The Minister of Transportation and Telecommunications’ His Excellency Engineer Kamal bin Ahmed Mohammed announced that APM Terminals Bahrain B.S.C. (c), the exclusive port operator of the Kingdom’s Khalifa Bin Salman Port, has appointed SICO BSC (c), a leading asset manager, brokerage and investment bank, as its lead manager and underwriter for the company’s initial public offering (IPO). The IPO, which is expected to be launched in late October, will offer 20% of the company’s paid up capital to investors and list on the Bahrain Bourse.

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29/04/2018
SICO Annual General Meeting Approves BD 1.928 Million Cash Dividend

SICO is the first broker in the region to connect online trading with real-time electronic cash management. SICO LIVE now provides clients with immediate access to funds deposited with all retail banks in the Kingdom of Bahrain.

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26/03/2018
SICO Unveils New Corporate Identity

SICO announced the rollout of its new name and brand identity. More than just a visual overhaul, the rebranding marks a new chapter in SICO’s history and delves deeper into its core reflecting the Bank’s heritage as well as its new reality.

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20/03/2018
SICO LIVE Becomes the First Regional Online Platform to Offer E-settlement and Electronic Cash Transfer Facilities

The leading regional asset manager, broker and investment bank, became the first broker in the region to connect its online trading with real-time electronic cash management and FAWATEER settlement services through clients’ accounts with all retail banks on a national level. SICO’s online trading platform SICO LIVE provides clients with immediate access to their funds deposited with all retail banks in the Kingdom of Bahrain, which allows for seamless securities trading on the Bahrain Bourse and all other regional stock exchanges. This is a major enhancement to the previous method of settling trading transactions, whereby clients had to pre-fund their investment accounts before they could begin trading.

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20/03/2018
SICO Appoints Chief Capital Markets Officer and Head of Brokerage

The leading regional asset manager, broker and investment bank (licensed as a conventional whole sale bank by the CBB), today announced the appointment of Fadhel Makhlooq as Chief Capital Markets Officer, a newly created role in which Fadhel will be developing and managing the capital market business for SICO which encompasses brokerage, sell-side research and treasury.

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27/02/2018
SICO LIVE to Offer Online Real-Time Trading

In line with the Bourse's efforts to facilitate accessibility of trading, Bahrain Bourse (BHB) announced the joining of SICO to the “Bahrain Trade” network, offering its SICO LIVE online trading solution. SICO LIVE is an innovative online trading platform that enables clients of retail banks to trade on Bahrain Bourse (BHB) via the “Bahrain Trade” platform.

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26/02/2018
SICO UAE Becomes Member of NASDAQ Dubai’s Equity Derivatives Market to Offer Clients New Investment Tools

Securities & Investment Company UAE (SICO UAE) has joined Nasdaq Dubai’s derivatives market as a Member, in order to provide its clients with new opportunities to take positions on regional share markets.

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30/10/2017
SICO Named Best Investment Bank in Bahrain

SICO BSC (c ), licensed by the Central Bank of Bahrain as a conventional wholesale bank, was named ‘Best Investment Bank in Bahrain’ at both the World Finance Banking Awards 2017 and the Global Finance 18th annual World’s Best Investment Banks 2017 Awards.

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16/10/2017
SICO and BENEFIT Partner to Offer Payment and Settlement Services for Equities Online Trading

SICO BSC (c), licensed by the Central Bank of Bahrain as a conventional wholesale bank, and BENEFIT Company, the Kingdom’s conduit for all electronic financial transactions, announced that retail investors will soon have seamless trading access to the Bahrain Bourse through the state-of-the-art sicolive online platform.

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18/08/2017
Investors Anticipate Saudi Market Bonanza Focus on Index Inclusion, Reform and Rising Corporate Profitability

The Saudi equity market is set for a boost as it heads for possible inclusion in MSCI’s influential emerging market index in 2018. “In the meantime, active investors could reap early gains as corporate earnings should start increasing this year,” said Shakeel Sarwar, Head of Asset Management at SICO BSC.

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01/08/2017
Bahrain Development Bank Signs Custody Agreement with SICO Funds Services

Bahrain Development Bank (BDB) announced today the signing of an agreement with SICO Funds Services Company (SFS) to provide custody, fund administration and registrar services for their new fund, Al Waha Venture Capital Fund Company.

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30/07/2017
Trading in Eskan Bank REIT Is Now Open for Expatriates and Foreign Investors

The Eskan Bank Realty Income Trust announced today that following approval by the Central Bank of Bahrain, expatriates and foreign investors are now eligible to purchase and trade in units of the Trust on the Bahrain Bourse. The Trust, which is Bahrain’s first Sharia-compliant retail real estate investment trust (REIT), is the first to be listed on the Bourse and also the first unleveraged listed REIT in the GCC.

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21/05/2017
SICO Launches MENA-Wide Online Trading Platform

Securities & Investment Company (SICO), licensed by the Central Bank of Bahrain as a conventional wholesale bank, announced today the launch of a MENA-wide online brokerage trading platform – ’sicolive’. This seamless and secure multi-functional service will enable clients to trade in real time across all the region’s key markets from a single account that can be managed through their desktop computers, laptops and mobile devices.

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15/05/2017
Bahrain ‘At the Forefront’ of GCC Markets Development

Bahrain’s pioneering contribution to the on-going development of GCC capital markets during 2016, came under the spotlight yesterday at the 2nd Annual Middle East Asset Management Forum, which took place at the Gulf Hotel, Kingdom of Bahrain.

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14/05/2017
SICO Recognised as Leading Broker on Bahrain Bourse for 2016

Securities & Investment Company (SICO), licensed by the Central Bank of Bahrain as a conventional wholesale bank, announced today that it has maintained its status as the leading broker on the Bahrain Bourse for the 18th consecutive year.

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11/04/2017
GCC Debt Capital Markets Raised Record US$69 Billion in 2016

According to Securities & Investment Company (SICO) Fixed Income – Asset management market outlook , issuances from GCC debt capital markets set a new record in 2016, dominated by megadeals out of Saudi Arabia, Qatar and Abu Dhabi. Regional sovereigns raised total debt of US$ 69.1 billion during the year, outpacing the previous record set in 2014 by US$ 35.6 billion, as governments sought to plug their annual budget deficits amid a low oil price environment .

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03/04/2017
New General Manager for SICO Funds Services Company (SFS)

Securities & Investment Company (SICO), licensed by the Central Bank of Bahrain (CBB) as a conventional wholesale bank, announced today the appointment of Mr. Sreenivasan Konnat as General Manager of SICO Funds Services Company (SFS), following confirmation by the CBB.

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30/03/2017
SICO Distributes BD 2.14 million Cash Dividend for 2016

The shareholders ofSecurities & Investment Company (SICO), which is licensed by the Central Bank of Bahrain as a conventional wholesale bank, have approved the distribution of a cash dividend of BD 2.142 million for 2016, which represents 5 per cent of the paid-up capital. The dividend was recommended by SICO’s board of directors and approved by the shareholders at the Bank’s annual general meeting (AGM) held on Thursday 30 March 2017 at the Diplomat Radisson Blu Hotel, Bahrain. The quorum at the AGM was 100 per cent.

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14/03/2017
SICO UAE Becomes Member of NASDAQ Dubai’s Expanding Market to Trade Equities

Securities & Investment Company UAE (SICO UAE) has joined Nasdaq Dubai as a Member to trade equities, in order to provide its clients with new investment opportunities on the region’s rapidly expanding international exchange.

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06/03/2017
Bahrain Liquidity Fund Significantly Boosts Bourse Turnover

Securities & Investment Company (SICO), licensed by the Central Bank of Bahrain as a conventional wholesale bank, announced today that since its launch in June 2016, the US 100 million Bahrain Liquidity Fund has contributed to a substantial increase in volumes traded on the Bahrain Bourse.

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16/01/2017
SICO and Trucial Sign a Strategic Partnership

Securities & Investment Company (SICO), licensed as a conventional wholesale bank by the Central Bank of Bahrain, announced today that it has entered into a strategic partnership with Trucial Investment Partners, a specialist asset management and advisory firm based in the Dubai International Finance Centre.

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09/01/2017
SICO Sponsors a Simulated Training Programme for University Students at BIBF

Sponsored by Securities & Investment Company (SICO), the Bahrain Institute of Banking and Finance (BIBF) recently delivered a specialised trading simulation course entitled ‘Bank Management Simulation’ for 13 university students from the University of Bahrain and Bahrain Polytechnic.

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02/01/2017
Eskan Bank REIT Units Commence Trading on the Bahrain Bourse

Bahrain Bourse (BHB) announced on Monday 2nd January 2017 the listing and commence of trading onUnits of the Eskan Bank Realty Income Trust (under the symbol ‘EBRIT’. Marking the occasion of this historic listing, Eskan Bank General Manager Dr. Khalid Abdulla rang the opening bell at the Bourse in the presence of BHB Chief Executive Officer Shaikh Khalifa bin Ebrahim Al Khalifa, Securities & Investment Company (SICO) Chief Executive Officer Ms. Najla Al Shirawi, and other officials.

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