Bahrain-based investment bank SICO has announced the successful completion of the merger of its key subsidiary, SICO Funds Services Company, into the bank, thus marking the final phase of its strategic integration initiative designed to further boost its integrated operating model.
The Abu Dhabi Securities Exchange (ADX) Group has announced that Morgan Stanley, a leading investment bank and financial services company, has joined the ADX as its first international investment bank Remote Trading Member, enabling Morgan Stanley’s clients to access the ADX directly.
GFH Bank (GFH) has announced a net profit attributable to shareholders of $35.11 million for the first quarter of 2026 compared to $30.14 million in the same period last year, an increase of 16.5%.
SICO, a leading regional asset manager, broker, and investment bank with a direct presence in Bahrain, the UAE, and Saudi Arabia, has appointed Yousif Bucheeri as Group Deputy Chief Executive Officer for Sell Side business, effective May 13.
SICO held its 2026 virtual AGM, approving a 7.5% cash dividend, endorsing 2025 financial statements, and reporting BD5.5 million ($14.6 million) net profit, with participation from regulators, shareholders, board members, and external auditors.
EFG Hermes, a leading investment bank in the Mena region, has announced that it has played a key advisory role in the AED658 million ( ) rights issue of Depa, an interior solutions group based in Dubai, as the financial advisor and bookrunner for its listing on Nasdaq Dubai.
