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Privacy Notice

1. About Us

Kamco Investment Company, Kingdom of Saudi Arabia (Kamco Invest Saudi or Us or We or Our) is a joint stock company registered with the Capital Markets Authority license number 07067-37 dated 2 Jumada II 1428, June 17th, 2007. The Company operates in the Kingdom of Saudi Arabia under Commercial Registration No. 1010245276 dated 23 Safar 1429, March 2nd, 2008. The Company's goal is dealings as a principle or agent and / or the provision of underwriting and management advisory services, arranging investments and the Secretariat of investment services.

2. Our Commitment to Your Privacy

Kamco Invest Saudi is the Controller of Your Personal Data, deciding how and why We Process your Personal Data, additionally, Kamco Invest Saudi or members of the Kamco Invest Group may act as Processors of Your Data.

Kamco Invest Saudi respects privacy of Personal Data owners (Data Subject or You or Yours) and is committed to protecting your Personal Data in accordance with the Personal Data Protection Law and Regulations of the Kingdom of Saudi Arabia (PDPL).

This Privacy Notice explains how We collect, use, disclose, and protect your personal data. In context of this Notice, Kamco Invest Certain words & phrases in this Notice have specific meaning, as defined in the Glossary at the end of this notice.

3. Scope of Privacy Notice

This privacy notice applies to all sectors and business units of Kamco Invest, Saudi Arabia, encompassing various groups including clients, potential employees, current employees, former employees, interns, trainees, vendors, suppliers, contractors, third parties, website users, website visitors, mobile application users, mobile application visitors, job applicants, and visitors to our premises.

All Kamco Invest staff, contractors, and vendors, regardless of whether they are engaged on a permanent or temporary basis, are required to comply with the standards and guidelines set forth in this privacy notice.

4. Legal Basis and Purposes for Collecting & Processing Personal Data

We need Your Personal Data to provide you with the services or products requested by You or engage in other types of contracts / agreements with You which impose on us, certain legal, regulatory, and operational obligations to Process your Personal Data. Without this We will be unable to offer products and services to You or enter other types of contractual arrangements.

  • To allow Us to communicate with You regarding Your account, products & services
  • Provide You with the products or services and fulfill Our contractual obligations towards You.
  • Enhance Our products, services and Your experience across Our channels.
  • Understand Your needs as a customer and Your eligibility for products and services.
  • Inform You of new financial and investment products and services that may be of interest to You, in line with Your preferences and applicable regulatory requirements.
  • Pursue fraud prevention and network security among other risk mitigation mechanisms, if required.
  • Engage into other contractual obligations with You, such as offering employment, procuring goods & services etc.
  • To comply with any obligations and requirements issued by legal and regulatory authorities within the Kingdom of Saudi Arabia.

We will always obtain your consent before Processing your Personal Data for any purposes, other than the ones we had obtained the Personal Data for. Kamco Invest Saudi nor the Group will sell or commercialize your Personal Data to third parties.

5. Types of Personal Data Collected

The types of personal data we collect includes but not limited to:

  • Personal Information: Full Name, Previous Names (if any), Date of Birth, Place of Birth, Nationality, Gender, Marital Status, Photograph
  • Contact Information: Residential Address (National Address), Mailing Address, Email Address, Phone Number (Mobile and Landline)
  • Identification Information: National ID Number, Iqama Number (for expatriates), Passport Number, Passport Copy, National ID Copy
  • Financial Information: Bank Account Number, IBAN Number, Income Details, Asset Details, Financial History
  • Professional Information: Occupation, Employer's Name, Employment Status, Level of Education
  • Verification Documents: Utility Bills (for address verification), National Address Proof
  • Device Data: IP Address, Device ID
  • Biometric Data: Fingerprints, Facial Recognition Data
  • Additional Information: Social Media Handles (if applicable), Health Data (for specific products like insurance), Racial/Ethnic Origin (if required), Religious Beliefs (if required)

6. How We Collect Your Personal Data

We collect your personal data through various channels, including:

  • Information and documentation submitted by You through the necessary Know-Your-Client forms and portfolio agreements (whether physically or digitally)
  • Internet platforms such as World Check or other similar databases to assess financial crimes risk
  • Criminal record checks from organizations authorized to provide this data
  • Databases made available by official authorities and government authorized sources to update/verify your documents
  • From social media interactions (if applicable)
  • Public sources where your information is available (e.g. social media)
  • Individuals or institutions authorized to share Your information with Us, on Your behalf.
  • Through Your communications with Us over telephone, web surveys, email, physical mail, mobile applications etc.

7. Collection of Personal Data for Marketing purpose

We may automatically collect certain Personal Data that your browser sends whenever You visit Our website such as information collected through cookies or other tracking technologies.

We may use your information to provide details about services, special offers, new features, enhancements, events, and other content that may interest you, enhancing your experience on our platform. We may reach out to you through various channels, including emails, push notifications, web notifications, phone calls, in-app messages, and WhatsApp messages.

You can opt out of receiving marketing communications from us at any time by adjusting your customer communication preferences or by using the unsubscribe link provided in our emails. To manage marketing notifications on your mobile application, please update your notification settings in the general settings of your device.

8. Use of Cookies

To enhance your experience with our services, we use cookies and other identifiers to recognize your browser or device. For more details on cookies and their usage, please refer to our Cookies Notice.

9. How Long We Store Your Personal Data

We will retain Your Personal Data only for as long as necessary to fulfill the purposes for which it was collected, for complying with legal & regulatory requirements, or for resolving disputes.

10. Your Rights on Personal Data and How to Exercise them

Under the PDPL, you have the following rights on your Personal Data:

  • Right to be informed: You have the right to be informed of the purpose and the valid legal basis or practical justification for collecting Your Personal Data, and that Your data shall not be processed later in a manner inconsistent with that purpose.
  • Right of Access Personal Data: You have the right to access Personal Data We hold about You.
  • Right to Request Access to Personal Data: You have the right to request the Personal Data We hold about you in a clear and readable format.
  • Right to Request Correction of Personal Data: You have the right to request that We correct any inaccurate or incomplete Personal Data, noting that We reserve the right to request supporting documents or evidence to verify such a request.
  • Right to Request Destruction of Personal Data: You have the right to request that we erase Your Personal Data, subject to certain legal exceptions.

All products, services, websites, and any other means of communication or channels of data collection are intended for use only by individuals who are at least 18 years old. If You are under the age of 18, Your legal guardian will consent on Your behalf where we ask for consent in relation to the use of Your information.

You can exercise your rights by contacting us using the information in the Contact Us section below.

11. Security of Your Personal Data

We take appropriate technical and organizational measures to protect your Personal Data from unauthorized disclosure, access, alteration, or destruction. These measures are aimed at reducing & mitigation of the risk of unauthorized disclosure, access, alternation or destruction of Personal Data and in no way guarantee a full elimination of such risks. Certain Sensitive Data, such as information about race, religion, health, or criminal history, requires additional protection.

12. Disclosure of Your Personal Data

We may disclose your personal data to third parties in the following circumstances:

  • To our affiliates or partners who are involved in providing investment funds or related services.
  • To service providers who help us deliver services or run our business.
  • To legal or regulatory authorities as required by law.
  • To Prevent crime or protect national security.
  • To protect our interests or the interests of others.

We will only disclose your personal data to third parties who are bound by strict confidentiality obligations.

13. Transfer of your Personal Data

We may transfer your personal data to recipients located outside of Saudi Arabia, explicitly for the purposes of ensuring smooth provision of our products & services to you and meet our contractual obligations towards you. In such cases, we will ensure that appropriate safeguards are in place to protect your personal data. These safeguards may include standard contractual clauses approved by the Saudi Data Authority (SDAIA) or other suitable mechanisms to ensure an adequate level of protection for your personal data. You have the right to obtain information about the safeguards implemented to protect your personal data when it is transferred outside of Saudi Arabia.

14. Data Breach Notification

In the event of a data breach that compromises your personal information, we will take immediate steps to investigate the incident and notify affected individuals as required by applicable laws and regulations.

We encourage you to monitor any suspicious activity related to your investments with us.

15. Links to Other Websites

Our website (www.kamcoinvest.com.sa) and mobile apps may contain links to third-party websites. These websites are not under our control, and we are not responsible for their privacy practices. We encourage you to review the privacy policies of any third-party website before submitting your personal data.

16. Changes to This Privacy Notice

We may update this Privacy Notice from time to time. We will post any changes on our website and highlight the latest version by updating the "Last Updated" date of this Notice. Any changes or modifications will be effective immediately upon posting the updated notice on the site, and you waive the right to receive specific notice of each such change or modification. You are encouraged to periodically review this notice to stay informed of updates. You will be deemed to have been made aware of, will be subject to, and will be deemed to have accepted the changes in any revised notice by your continued use of the Site after the date such revised notice is posted.

17. Contact Us

If you have any questions or concerns about this Privacy Notice or your Personal Data, please contact us via:

  • Email: [email protected]
  • Phone: +966-11 299 4100
  • Mailing Address: Kamco Invest PO. Box 66930, Riyadh 11586, Kingdom of Saudi Arabia

Last Updated: 12th September 2024

Cookies Notice

1. Introduction

This Cookies Policy explains how Kamco Invest, Saudi ("We", "Us", or "Our") uses cookies and similar technologies on our website www.kamcoinvest.com.sa (the "Site"). This policy complies with the Personal Data Protection Law (PDPL) of Saudi Arabia and informs you about our use of cookies.

2. What are Cookies?

Cookies are small text files placed on your device (computer, smartphone, tablet) when you visit a website. They enhance your browsing experience by remembering your preferences, improving the website's functionality, and providing personalized content.

3. How We Use Cookies

We use cookies to ensure the efficient functioning of our Site, improve your user experience, and collect aggregated information about site usage. Cookies help us deliver relevant content and services tailored to your preferences. In addition, we may use the information collected via cookies for marketing purposes, such as delivering personalized advertisements and offers that may interest you. By visiting and using our Site, you agree to the use of cookies as described in this policy.

4. Managing Cookies

While our Site uses cookies for essential purposes, you can manage or disable cookies at any time through your browser settings. Please be aware that disabling cookies may impact the functionality of the Site and your overall user experience.

5. Data Protection and Privacy

We are committed to protecting your personal data in compliance with the PDPL. Any cookies that collect personal information will do so in accordance with our Privacy Notice and applicable laws. We work with trusted third parties who also adhere to strict data protection obligations.

6. Updates to This Policy

We may update this Cookies Policy periodically to reflect changes in our use of cookies or in accordance with legal or regulatory requirements. Any changes will be posted on this page, so please review this policy regularly to stay informed.

7. Contact Us

If you have any questions about our use of cookies or this policy, please contact us at:

  • Email: [email protected]
  • Phone: +966-11 299 4100
  • Mailing Address: Kamco Invest, Mazaya Tower, P.O. Box 66930, Riyadh 11586, Kingdom of Saudi Arabia.

Last Updated: 12th September 2024.