Privacy Policy
How we collect, use and protect your personal information.
Last updated: January 2025
Who we are
National Real Estate Company K.P.S.C. ('NREC', 'we', 'us', 'our') is a public company listed on Boursa Kuwait. Our registered office is at Sharq, Al Shuhada Street, Kuwait City, State of Kuwait.
What information we collect
- Identity data: name, title, date of birth.
- Contact data: email, phone, postal address.
- Financial data: investor identifiers, transaction history (where you are an investor or shareholder).
- Technical data: IP address, browser type, device information.
- Usage data: how you interact with this website.
How we use your information
- To provide investor relations services and respond to enquiries.
- To process job applications.
- To send corporate communications you have subscribed to.
- To meet legal and regulatory obligations.
- To improve this website and our services.
Legal basis for processing
We process personal data on the basis of: (a) your consent, (b) contractual necessity, (c) compliance with legal obligations, or (d) our legitimate interests in operating a regulated, listed business — provided these do not override your rights.
Sharing your data
We do not sell your data. We may share with: regulators (CMA Kuwait, Boursa Kuwait), our external auditor (RSM Albazie & Co), professional advisers (legal, tax), and IT service providers acting under our instruction.
Data retention
We keep personal data only as long as necessary for the purpose collected, or as required by law (typically 7 years for financial records under Kuwaiti law).
Your rights
- Access — request a copy of your data.
- Rectification — correct inaccurate data.
- Erasure — request deletion (subject to legal retention).
- Objection — object to processing based on legitimate interests.
- Withdraw consent at any time.
International transfers
Where we transfer data outside Kuwait, we use safeguards including standard contractual clauses.
Contact
Data Protection Officer · privacy@nrec.com.kw · +965 2244 0000
Questions about this policy? Contact us at legal@nrec.com.kw.
