SICO Capital is a full-service financial services firm based in Riyadh, Saudi Arabia, that offers a comprehensive range of services and products to individual, institutional and corporate clients. SICO Capital, operating since 2009 (previously known as Muscat Capital), has a SAR 60.0 million paid-up capital and is incorporated as a closed joint stock company (CJSC) in Riyadh, Kingdom of Saudi Arabia (KSA) under Commercial Registration No. (1010259328). SICO Capital is licensed by the Capital Market Authority (CMA) under Authorization No. (37-08096) and was granted all five licenses on 11/03/2008 as per the Securities Business Regulations in Saudi Arabia and commenced operations on 20/06/2009. Our comprehensive licenses allow us to offer the full spectrum of capital market activities such as Arranging, Advising, Custody, Dealing, Managing Investments and Operating Fund. The company invests in Stock Exchange Markets locally, and in the GCC as well.

SICO Capital is 100% owned by SICO BSC ©, Bahrain, SICO is a leading regional asset manager, broker, and investment bank with more than USD 4 bn in assets under management (AUM).

As a full-fledged capital market entity in Saudi Arabia, SICO Capital is committed to offering its clients a one-stop shop for investment services across our service lines. SICO Capital also benefits from SICO’s proven track record in asset management, brokerage, custody, fund administration, financial advisory services and access to other regional markets through their strong and committed shareholders. SICO Capital is a full-fledged financial services firm committed to deliver the highest levels of financial services to its corporate and individual clients, including corporations, family offices, governments, and high-net-worth individuals.Our professional team comprises of experienced and innovative professionals who create value through extensive knowledge of local, regional, and international markets while having access to key decision makers and institutional investors in Saudi Arabia and the GCC. Our team members have exceptional international, regional, and local corporate finance, brokerage and asset management experience and a proven track record of transactional execution capabilities across a range of sectors.

With over SAR 4.4 billion in AUMs (as of July 31, 2021) across mutual funds and discretionary portfolios, we aim to service our clients to achieve their investment objectives through our research driven investment process, insightful financial advisory while operating in a client-centric, high-performance culture.


Our mission is to provide innovative and reliable financial services that add to the wealth of our clients, shareholders, employees, and community.


We aspire to be a leading investment bank in the Kingdom of Saudi Arabia and become the partner of choice for our clients for sophisticated financial solutions that create growth and opportunities for the economies and people in the Kingdom and our region.


We at SICO Capital, in all our personal and professional day-to-day interactions, value integrity, transparency, and building long-term partnerships.

About SICO (Parent Company)

Headquartered in the Kingdom of Bahrain with a growing regional and international presence, SICO has a well-established track record as a trusted regional bank offering a comprehensive suite of financial solutions including asset management, brokerage, market making, investment banking, advisory, treasury, and fund administration, backed by a robust and experienced research team that provides regional insight and analysis of more than 90 percent of the GCC’s major equities.

Since inception in 1995 SICO has consistently outperformed the market and developed a solid base of institutional clients. Going forward, SICO will invest in both digitalization and human resources to scale its business and seek sustainable growth opportunities in regional markets where the bank can leverage its expertise as an advisor on some of the region’s most high-profile and complex deals.