Skyro UAE and SICO Sign MoU at ADFW 2025 to Expand Retail Access to Investment Products Across the GCC

14/12/2025

Skyro UAE has signed a Memorandum of Understanding (MoU) with SICO BSC (c), a leading regional asset manager, broker, market maker, and investment bank with physical presence in Bahrain, Saudi Arabia, and the UAE, licensed as a conventional wholesale bank by the Central Bank of Bahrain (CBB).

The MoU was signed during Abu Dhabi Finance Week 2025 by Skyro Co-Founder and Co-CEO Arsen Liametov and SICO’s Group Deputy CEO Ali Marshad in the presence of senior executives from both organizations.

Under this partnership, Skyro and SICO will explore opportunities to collaborate, following the necessary assessments and approvals, with a focus on offering retail clients streamlined digital access to a range of investment products, including money market funds, bonds, sukuk, and fractional investment solutions. This partnership supports the GCC’s wider economic transformation agenda by enhancing financial inclusion and expanding access to regulated investment products through modern digital channels.

“Partnering with leading asset managers such as SICO strengthens Skyro’s ability to offer accessible, efficient, and transparent investment products to individual customers across the GCC,” said Roberto Mancone, CEO of Skyro GCC. “We aim to democratize access to high-quality investment opportunities that were previously available only to institutional clients, and we will work closely with regulators to ensure a secure and compliant framework for retail participation.”

Ali Marshad , Group Deputy CEO of SICO, added: “SICO’s mission has always been to provide clients with high-quality investment solutions across multiple asset classes. Through this partnership with Skyro, we aim to extend these capabilities to a broader retail audience by enabling digital access to products traditionally available only to private or institutional investors. This initiative supports the region’s ambition to expand investor participation and strengthen capital markets.”

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