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  Company Overview

 

Coast Investment and Development Company is one of the leading financial institutions in Kuwait and the region. Coast was established in 1975 and listed on the Kuwait Stock Exchange in 1989. Its current paid-up capital is 63 million KWD (230 million USD). Coast is engaged in a variety of investment management activities such as private equity, asset management and real estate investments both locally and internationally. Coast is also an active player in the local, GCC and international markets offering a wide array of investment services including portfolio and fund management, advisory services, corporate finance and investment banking services.

  • Investing in commercial projects and other private equity investments.
  • Investing in real estate funds for its own & on behalf of clients.
  • Investing in properties, reconstruction, housing operations and all development operations in various fields.
  • All activities related to financial markets, buying and selling shares and bonds of companies, government authorities and semi government authorities either for its own and/or on behalf of others.
  • Preparing the studies and research needed for all the above either for its own or on behalf of others.
  • Providing brokerage services.
  • Managing portfolios and investments, developing mutual funds, targeting various investment fields locally and internationally.
  • Working with all financial dealings such as lending, borrowing and issuing different types of bonds, secured and unsecured, in the local and foreign markets.
  • The company's activities are undertaken in the state of Kuwait and abroad.

Coast has adopted a unique approach towards enhancing returns while controlling risk for its shareholders, clients and strategic partners. Further, the company has taken an unrivalled approach towards setting the highest standards through providing internationally recognized index-related investments in the region. It is, therefore, the intention of Coast to continue to strive for excellence and lead in serving local and global investors.

Legal Advisor
M/s Al-Khebrah Legal Consultant & Lawyers
Al-Dawliya Building, Fahd Al Salem Street
PO Box 44747 Hawally
32032 , Safat , Kuwait
Tel: 22444885

Auditors
Ernst & Young
Al Aiban, Al Osaimi and Partners
P.O Box 74 Safat, 13001 Kuwait
Baitak Tower, 18-21st Floor
Safat Square, Ahmad Al Jaber Street
Tel:2452880/22955000 Fax:2456419 Email:kuwait@kw.ey.com

Baker Tilly Kuwait
Dr. Saud Al-Humaidi & Al-Humaidi & Partners
Public Accountants
P.O Box 1486 Safat, 13015 Kuwait
Sharq Area, Omar Bin Khattab Street
Shawafat Bldg. Blon No. 5 1st Floor
Tel: 22442333/22443222 Fax: 22461225, www.bakertillykuwait.com

Internal Auditors
Albazie & Co. RSM
Public Accountants
Kuwait Airways Building, 7th floor, Shuhada Street
P.O.Box 2115, Safat 13022
Tel: 22410010 Fax: 22412761

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