Key Takeaways
- • SICO Capital appointed Abdulrhman Alzunaytan as Head of Real Estate, effective 27 October 2026, according to a company announcement published November 2, 2026.
- • Alzunaytan will lead SICO Capital's real estate asset management activities, including development and management of its funds, supporting the firm's strategic expansion in Saudi Arabia.
- • Alzunaytan brings more than a decade of Saudi real estate investment, fund management and development experience, most recently as Acting CEO and Head of Investments and Funds at Alaqtar Real Estate Development Company.
- • CEO Wissam Haddad said the appointment reflects SICO's continued investment in Saudi talent and its push to expand its real estate investment offering in the Kingdom.
Summary
SICO Capital, the Riyadh-based asset management, brokerage, investment banking and fund services firm licensed by the Saudi Capital Market Authority, has appointed Abdulrhman Alzunaytan as Head of Real Estate, effective 27 October 2026, according to an announcement carried by Al-Bawaba on November 2, 2026. In the role, Alzunaytan will oversee SICO Capital's real estate asset management activities, including the development and management of its funds, as the company pursues its strategic focus on expanding business in the Kingdom of Saudi Arabia.
Alzunaytan brings more than a decade of experience in real estate investment, fund management and real estate development in Saudi Arabia. He most recently served as Acting Chief Executive Officer and Head of Investments and Funds at Alaqtar Real Estate Development Company. Earlier in his career he held investment and fund management roles at Al Rajhi Capital, BLOMINVEST Saudi Arabia and Tharwat for Financial Securities. He holds an MBA from the University of Toledo and a Bachelor's degree in Finance from King Saud University.
Wissam Haddad, Chief Executive Officer of SICO Capital, said expanding the real estate investment offering is an important component of the firm's growth in the Kingdom and that Alzunaytan's experience in structuring and managing regulated funds positions him to deliver high-quality investment opportunities to clients. Haddad described the appointment as reflecting the company's continued investment in Saudi talent and leadership.
Alzunaytan said he looks forward to deepening relationships with investors and partners, exploring opportunities in the Saudi real estate market and developing well-structured investment solutions intended to create long-term value for clients.
SICO is a regional asset manager, broker, market maker and investment bank headquartered in Bahrain, with USD 4.5 billion in gross assets under management and USD 4.1 billion in net AUM, according to company background information. The group operates under a wholesale banking license from the Central Bank of Bahrain and includes SICO Financial Brokerage in Abu Dhabi, SICO Fund Services Company, and the majority-owned SICO Capital in Saudi Arabia.
Alzunaytan brings more than a decade of experience in real estate investment, fund management and real estate development in Saudi Arabia. He most recently served as Acting Chief Executive Officer and Head of Investments and Funds at Alaqtar Real Estate Development Company. Earlier in his career he held investment and fund management roles at Al Rajhi Capital, BLOMINVEST Saudi Arabia and Tharwat for Financial Securities. He holds an MBA from the University of Toledo and a Bachelor's degree in Finance from King Saud University.
Wissam Haddad, Chief Executive Officer of SICO Capital, said expanding the real estate investment offering is an important component of the firm's growth in the Kingdom and that Alzunaytan's experience in structuring and managing regulated funds positions him to deliver high-quality investment opportunities to clients. Haddad described the appointment as reflecting the company's continued investment in Saudi talent and leadership.
Alzunaytan said he looks forward to deepening relationships with investors and partners, exploring opportunities in the Saudi real estate market and developing well-structured investment solutions intended to create long-term value for clients.
SICO is a regional asset manager, broker, market maker and investment bank headquartered in Bahrain, with USD 4.5 billion in gross assets under management and USD 4.1 billion in net AUM, according to company background information. The group operates under a wholesale banking license from the Central Bank of Bahrain and includes SICO Financial Brokerage in Abu Dhabi, SICO Fund Services Company, and the majority-owned SICO Capital in Saudi Arabia.
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