MKF signs agreement with SICO

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Manama, Feb. 18 (BNA): AlMabarrah AlKhalifia (MKF) has announced signing an agreement with SICO to provide an Accounting and Finance scholarship in The Bangor University graduate program at the Bahrain Institute of Banking and Finance (BIBF).


This agreement comes in line with the Foundation’s efforts to support Bahraini Youth and enhancing available opportunities for them to fulfill their varied academic dreams at top educational institutions across the Kingdom through the Rayaat Scholarship Program.

SICO, one of the regional asset manager, broker and investment bank, has a growing track-record of achievements stretched over two decades.


The signing ceremony was signed today, in the presence MKF Vice Chairperson HH Shaikha Nayla bint Hamad bin Ebrahim AlKhalifa and Najla Al Shirawi CEO from SICO, as well as other officials from both entities.


“We would like to thank SICO for their belief in our vision and providing the necessary support to add this scholarship to our existing Rayaat Scholarship Program offering,” Her Highness Shaikha Zain bint Khalid Al Khalifa, MKF Chairwoman of the Board of Trustees, said.


“We look forward to receiving more support from the private sector in order to enhance our programs and support our new direction to provide scholarships in needed and highly sought-after majors in the labor market in top universities across the Kingdom and abroad, as well as supporting the Foundation’s pursuits in empowering Bahrain’s Youth and allowing them to become main contributors in the Kingdom’s development.”


“Enabling young Bahrainis with academic opportunities to develop their leadership skills and enhance their career prospects is a key priority under SICO’s corporate social responsibility mandate,” Najla Al Shirawi, CEO of Bahrain-based SICO said.


“We are honored to support MKF’s mission to provide Bahrainis with the opportunity to study at prestigious and renowned higher education institutions.”


Rayaat program introduces the scholarship for the undergraduate program in Accounting and Finance at BIBF which will be provided for the academic year 2020-2021, as it will cover all educational and registration fees.


F.K.N.