Monday 21 April 2014
 
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Securities & Investment Company

Sico doubles net profit to $9m

Bahrain-based Securities & Investment Company (Sico) has registered a 99 per cent increase in net profit for the nine months ended September 30 at BD3.37 million ($9 million). This compares with BD1.69 million for the correspo

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SICO swings to $3.6m Q1 net profit

Bahrain-based Securities & Investment Company (SICO) earned a net profit of BD1.351 million ($3.6 million) for the first quarter of 2012, compared with a loss of BD627,000 in the first three months of last year. The company remains foc

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Sico wins shares buyback approval

Bahrain-based Securities & Investment Company (Sico) said it has won approval from the shareholders to buy back treasury shares of up to five per cent of the paid-up share capital, if the need arises, from the Employee Share Ownership Programm

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Sico net profit plunges to $1.29m

Bahrain-based regional investment bank, Securities & Investment Company (SICO) said its full year net profit for 2011 plunged to BD488,000 ($1.29 million) from BD3.78 million the previous year. Announcing its financial results for the

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Sico registers funds growth in 2011

Bahrain-based Securities & Investment Company (Sico) said all its regional equity and money market funds continued to outperform their peers and respective benchmarks despite unprecedented volatility and global economic turbulence during the y

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Sico appoints new chairman

Bahrain based Securities & Investment Company (Sico) has appointed Shaikh Abdulla bin Khalifa Al-Khalifa as the new chairman of the bank’s board of directors. Shaikh Abdulla represents the Social Insurance Organization, and has been a

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Sico upbeat on outlook despite income blow

Bahrain-based Securities & Investment Company (Sico) had a disappointing third quarter because of volatility in regional and international capital markets, but said it remained optimistic about the medium and long term. Operating incom

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Bahrain Sico chairman to step down

Bahrain-based Securities & Investment Company (Sico) said its chairman Sheikh Mohammed bin Isa Al Khalifa has resigned from its board of directors after a 12-year long tenure. Sheikh Mohammed, who had been a director since 1996, and ch

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Sico wins key Bahrain banking licence

Securities & Investment Company (Sico), the largest trader on the Bahrain Bourse, has been granted a conventional wholesale banking licence by the Central Bank of Bahrain. Sico previously had an investment banking licence which had bee

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Sico funds win 2 Lipper awards

Securities & Investment Company (Sico), the Bahrain-based investment bank, announced that two of its funds have won the Lipper Fund Awards for 2011. The Khaleej Equity fund (KEF), sponsored and managed by Sico, has been awarded the ‘Be

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