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To achieve and maintain
growth in profitability, to attain and preserve the
Company�s image as a prestigious Kuwaiti Company with
international presence, and to practice various local and
international investment activities for its own and other
investors' benefit, thereby maximizing shareholders' equity
value.
Coast Investment & Development Company is a Kuwaiti
Shareholding Company (closed), established in the State of
Kuwait on 29th July 1975 registered on 6th September 1975-
CRN No. 22804
The authorized and paid up capital is KD 52,107,762 divided
into 521,077,627 shares of 100 fils each.
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Investing in
commercial projects and other private equity
investments.
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Investing in real
estate funds for its own & on behalf of clients.
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Investing in
properties, reconstruction, housing operations and all
development operations in various fields.
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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.
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Preparing the studies
and research needed for all the above either for its own
or on behalf of others.
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Providing brokerage
services.
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Managing portfolios
and investments, developing mutual funds, targeting
various investment fields locally and internationally.
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Working with all
financial dealings such as lending, borrowing and
issuing different types of bonds, secured and unsecured,
in the local and foreign markets.
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The company's
activities are undertaken in the state of Kuwait and
abroad.
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Legal Advisor
M/s Al-Khebrah Legal Consultant & Lawyers
Al-Dawliya Building, Fahd Al Salem Street
PO Box 44747 Hawally
32032 , Safat , Kuwait
Tel: 2444885
Auditors
Anwar Qatami and Partners � Grant Thornton
Souk Al Kabeer Building- 9th floor
Fahed Al Salem Street-
P.O. Box 2986 � Safat
Tel: 2443900 � Fax: 2438451
Ernst & Young
Al Aiban, Al Osaimi and Partners
Abdullah Al Mubarak Street
Souk Al Safat � Third floor
Tel: 2452880 � Fax: 2456419
Internal Auditors
Albazie & Co. RSM
Public Accountants
Kuwait Airways Building, 7th floor, Shuhada Street
P.O.Box 2115, Safat � 13022,
Tel: 965 2410010 Fax: 965 2412761
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