Invest with COAST

At Coast, we deliver for investors by building businesses
that power tomorrow’s economy

About us

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 46.5 million KWD (155 million USD).

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Executive management
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Board of Directors
Executive management
Board
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eTrade account

COAST eTRADE

Coast eTrade is a state-of-the-art online trading platform that offers real-time quotes, news and announcements that keep you in touch with the mobility of the financial market. It also offers our clients the ability to trade the Global Markets online along with multiple order management facilities, carry out portfolio evaluations and numerous other value-added features and functions.

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Established in
Year 2023
Listed in Kuwait Stock Exchange
Year 2023
Current paid-up capital
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Clients
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Corporate Governance

Corporate Governance practices are integral part of our business activities at Coast. The Company’s Board of Directors has set a conservative policy that was executed by the executive management with great efficiency, thus turning Coast into one of the few Kuwaiti companies which develop its corporate governance. Coast also took the necessary steps to determine the level of governance risks and set adequate internal controls and administrative systems for risk mitigation in line with the best international practices.

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COAST SERVICES

Welcome to a world of limitless possibilities. At Coast Investment & Development, we offer a spectrum of investment services that transcend boundaries. From meticulous portfolio and fund management to comprehensive advisory services, corporate finance, and investment banking, our commitment to excellence is unwavering. 

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Real Estate
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Investment Portfolios

Media Center

Access and view company news, press releases, announcements, disclosures and visual media library

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AGM 2024

Farewell to Mr. Sherif Amer retiring after 30 years of service with the company. June 30, 2023

Management committee meeting

ANNUAL GENERAL MEETING FOR THE YEAR 2022

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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.