Category: Members

Omar Zaghloul

Mr. Omar Zaghloul has been with Coast since 2006. He serves as assistant vice president – direct investment department and member of fund managing body of Coast Investment Fund. Mr. Omar holds a bachelor’s degree in economics from McMaster University (2004) and an MBA in finance from Maastricht School of Management (2012).

Mohammad Rashed AlQaoud

Mr. Mohammad Al-Qaoud joined Coast Development & Investment Company in 1997 and held several positions, most recently Manager – Investors Affairs Unit and Secretary of the Board of Directors, with more than 40 years of experience in the field of accounting and management. He holds a bachelor’s degree in accounting from Kuwait University since 1982.

Mohammed Hijazi

Mr. Mohammed Hijazi has been holding the position of Vice President in the Real Estate Investment Department since November 2020 and has a long experience of more than forty years in the field of real estate management and appraisal, conducting feasibility studies and periodic reports on managed properties, supervising properties under construction and all real […]

Shoyeb Ali

Mr. Shoyeb Ali serves as Assistant Vice President in Clients’ Portfolio Management, with nearly 24 years in equity research, valuation and portfolio management across the GCC Stock Markets. He has  held senior roles since he began his research career at KAMCO and Head of Research then at KFH Capital and as an Investment Director at […]

FARES HALAL MADI

Mr. Fares Madi is the Senior Vice President of the Compliance and Legal Affairs Group at Coast Investment & Development Company with over 26 years of experience in the legal field, especially in the fields related to corporate law, Investments laws, business and the regulations of local and international financial markets authorities. He holds a […]

JASEM AL-ZAID

Mr. Jassim Mohammed Al Zaid has been with Coast Investment & Development Company since 2005 and currently serves as Senior Vice President – Asset Management Group.He holds a Bachelor’s degree in Business Administration from Kuwait University (2004).His core areas of expertise include Portfolio Management, Mutual Fund Management, Derivative Products, and Investment Product Development.Mr. Al Zaid […]

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OPEN AN eTRADE ACCOUNT

Individual Account
Corporate Account

Instructions:

  1. Select KYC application form by account type (Individual, Corporate)
  2. Print, fill and sign the KYC application form
  3. Visit our Head Office with the original required documents in hand to complete the account opening process
  4. A minimum of 300 KD (or the equivalent in USD, AED, SAR, OMR, BHD or QAR) must be deposited to activate your Coast eTrade account and start trading

 Required Documents – Individual Account:

Kuwaiti and GCC Citizens

  • Civil ID – Kuwaiti Citizens
  • National Identity ID – GCC Citizens
  • Completed Application Form (KYC)

Kuwait Residents and Non-Kuwaiti Residents

  • Civil ID
  • Passport Copy
  • Completed Application Form (KYC)

For other types of applicants, please visit the FAQ section for the list of requirements

Important: 

To complete the registration process, the following forms must be filled and signed at our Head Office:

  • FATCA Form
  • CRS Form
  • AML Questionnaire (If applicable)

Required Documents – Corporate Account:

Companies Based in/Established in Kuwait

  • Commercial License/Registration issued by the ministry
  • Articles of Association and/or Memorandum of Association
  • Amendments to Articles/Memorandum of Association
  • Company Civil ID
  • Board of Directors list presented in the form of Whom It May Concern letter
  • Board of Directors decision letter addressed to Coast Investment and Development Company K.S.C.P letter authorizing the opening of a Coast Brokerage eTrade online trading account
  • Authorized Signatories list presented in the form of Whom It May Concern letter
  • Completed Corporate Application Form (KYC)

Important:

  • Board of Directors and Authorized Signatories letters must be attested by Kuwait’s official authorities
  • Copies of official personal documents for each member of Board of Directors

Board of Directors – Kuwaiti Citizens and Non-Kuwaiti Residents

  • Civil ID Copy
  • Passport Copy
  • Copies of official personal documents for each member of Board of Directors
  • Signature verification for each Authorized Signatory attested by Kuwait’s official authorities/bank

Non Kuwaiti Companies 

  • Company License/Registration
  • Articles of Association and/or Memorandum of Association
  • Amendments to Articles/Memorandum of Association
  • Board of Directors list presented in the form of Whom It May Concern letter
  • Board of Directors decision letter addressed to Coast Investment and Development Company K.S.C.P letter authorizing the opening of a Coast Brokerage eTrade online trading account
  • Authorized Signatories list presented in the form of Whom It May Concern letter
  • Completed Corporate Application Form (KYC)

Important:

  • Board of Directors and Authorized Signatories letters must be attested by official authorities in country of origin
  • Passport Copy for each member of Board of Directors must be attested by official authorities in country of origin
  • Signature verification for each Authorized Signatory must be attested by official authorities in country of origin
  • All required documents must have a valid expiry date when applying

Important: 

To complete the registration process, the following forms must be filled and signed at our Head Office:

  • FATCA Form
  • CRS Form
  • AML Questionnaire (If applicable)

For more information on requirements, please visit the FAQ section on the website.