Bahrain Bourse appoints SICO to enhance its stock market research coverage

The Bahrain Bourse, the stock exchange licensed by the Central Bank of Bahrain, announced the appointment of SICO B.S.C. (C), the leading regional bank in the field of asset management, brokerage and investment banking, with a direct presence in Bahrain, Saudi Arabia and the United Arab Emirates, with the aim of enhancing the scope of stock market research coverage of a number of companies listed on the stock exchange.

Under this agreement, SICO will prepare comprehensive research reports for the shares of ten companies listed on the Bahrain Stock Exchange. These reports will be issued quarterly, and will include detailed financial analyses, evaluation insights, and investment justifications, in addition to analyst recommendations.

Based on the Capital Market Development Strategy 2026–2028 launched by the Bahrain Bourse, this initiative comes within the framework of efforts to expand and enhance the coverage of market research. It also contributes directly to achieving the core objectives of the strategy, which are to enhance levels of transparency in the market and raise investor awareness, in addition to enhancing the presence of companies listed on the Bahrain Stock Exchange and increasing their attractiveness to investors at the regional and international levels.

In this regard, Sheikh Khalifa bin Ibrahim Al Khalifa, CEO of the Bahrain Bourse, said: “This initiative reflects our ongoing commitment to enhancing levels of transparency in the market, and consolidating the position of the Bahrain Bourse as an attractive and easily accessible investment destination, which contributes to enhancing investor confidence. High-quality independent research also constitutes an essential foundation for introducing the market and supporting the making of informed investment decisions, especially among international investors.”

For her part, Mrs. Najla Al Shirawi, CEO of SICO Group, said: “We are pleased to cooperate with the Bahrain Stock Exchange in this initiative, which reflects our joint commitment to enhancing market depth and raising the level of investor awareness. High-quality independent research contributes to supporting the making of informed investment decisions and enhancing the definition of listed companies, which contributes to the development of the capital market. We also continue to expand access to this research through our digital channels, including the SICO Research application, allowing a wider segment of investors to benefit from investment analyzes and recommendations.”

SICO will utilize its research capabilities to provide high-quality, independent analysis, based on its sector expertise and rigorous evaluation methodologies. This research will be published on the Bahrain Stock Exchange website and global platforms, contributing to expanding access to the market and enhancing investor participation.

SICO’s research team is a pioneer in sell-side research in the GCC, providing high-quality, objective research since 1995, making it one of the oldest and most established research platforms in the region. The team consists of an elite group of highly qualified and experienced specialists, working from Bahrain and the United Arab Emirates, covering approximately 90 companies listed in the GCC markets. The team provides specialist coverage across 14 key sectors in the region, and its research is widely regarded; Due to its accuracy, objectivity and analytical depth. The team has over a decade of experience in this field, ensuring solid specialist knowledge and quality insights provided to clients.