Previously known as First Energy Bank B.S.C (c) which was established in June 2008, with an authorized share capital of US$ 2 billion, and a fully paid-up capital of US$ 600 million consisting of 600 million ordinary shares each with a par value of US$ 1. The shareholders of the company include a wide range of organizations and individuals from the Kingdom of Bahrain, the United Arab Emirates, Libya, and the Kingdom of Saudi Arabia.
Headquartered in Manama, the Kingdom of Bahrain, SAYACORP B.S.C (c) (“SAYACORP”) is an investment holding company operating in accordance with Islamic Shari’a principles. The firm’s business activities include private and public equities, fixed income, asset management, real estate, corporate finance and advisory. SAYACORP has two wholly-owned subsidiaries, SAYACORP CAPITAL LTD, a financial services firm in the Dubai International Finance Centre (DIFC) and SAYACORP AQAR W.L.L, a real estate investment and development company in the Kingdom of Bahrain.
SAYACORP's investment thesis is focused on opportunities in defensive sectors with strong growth, both regionally and globally. The firm believes that such sectors have increasing demand and present clear opportunities to generate returns for its stakeholders.