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 dealing (as principal and agent), asset management, advisory & arranging, underwriting, and custody services in the Kingdom of Saudi Arabia.

SICO Capital is a subsidiary of SICO BSC (c), Bahrain, a wholesale bank incorporated in the Kingdom of Bahrain.  SICO is a leading regional asset manager, broker, and investment bank with more than USD 3.9 bn in assets under management (AUM). Bank Muscat SOAG (Oman), the largest bank and financial services provider in the Sultanate of Oman owns the remaining stake (23.3%) in SICO Capital. Bank Muscat SOAG (Oman) is also a strategic shareholder of SICO BSC (c), owning a 10.4% stake.

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.

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SICO Capital

SICO Capital's headquarters in Riyadh, Saudi Arabia

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