Manama, May 13 (BNA): SICO BSC (c), a prominent regional asset manager, broker, and investment bank with direct presence in Bahrain, Saudi Arabia, and the United Arab Emirates, has been appointed by Bahrain Bourse, an exchange licensed by the Central Bank of Bahrain (CBB), to expand independent equity market research coverage for a chosen group of listed companies.
Bahrain Bourse appoints SICO to expand equity market research coverage
Ten listed businesses on the Bahrain Bourse will receive thorough equity research reports from SICO as part of the deal. Detailed financial analysis, valuation insights, investment justification, and analyst recommendations will all be included in the reports, which will be released on a quarterly basis.
The initiative, which builds on Bahrain Bourse’s Capital Market Development Strategy 2026–2028, intends to increase market research coverage and directly support the strategy’s main goals, which are to improve investor awareness, increase market transparency, and raise Bahrain-listed companies’ visibility to regional and foreign investors.
The initiative, according to Bahrain Bourse CEO Shaikh Khalifa bin Ebrahim Al Khalifa, represents the ongoing dedication to improving market transparency and bolstering Bahrain Bourse’s standing as a desirable and accessible investment location. He pointed out that independent, superior research is essential for increasing market visibility, boosting investor trust, and facilitating better-informed investment choices, especially for foreign investors.
SICO’s Group Chief Executive Officer, Najla Al Shirawi, stated that the company is happy to collaborate with Bahrain Bourse on the project, which demonstrates a common dedication to boosting investor involvement and deepening the market. She pointed out that independent, high-caliber research is essential for promoting well-informed investment choices and raising listed firms’ profile. Al Shirawi continued, “The mandate aims to contribute to the continued development and depth of Bahrain’s capital markets while expanding access to research through SICO’s digital channels, including the SICO Research app, enabling a broader segment of investors to benefit from the company’s analysis and investment recommendations.
SICO will use its proven research capabilities, sector knowledge, and exacting valuation techniques to deliver impartial, high-quality assessments. In order to facilitate wider market access and interaction, the research will be disseminated via Bahrain Bourse’s website and other important international venues.
One of the oldest and most reputable sell-side research platforms in the Gulf Cooperation Council (GCC), SICO Research has been a pioneer in the field since 1995, providing objective, high-quality research. The team, which covers around 90 listed firms throughout the GCC, is made up of highly qualified and experienced experts with bases in Bahrain and the UAE. The study is well acknowledged and appreciated for its rigor, objectivity, and analytical depth, and they offer comprehensive coverage across 14 important regional industries.
With more than ten years of experience in the field, the senior team guarantees clients excellent insights and solid institutional knowledge.
