• Owning, selling, buying real estate and land and developing them for the company's account inside or outside the State of Kuwait, as well as managing the property of others, all in a manner that does not violate the provisions stipulated in the existing laws and prohibiting them from trading in private housing vouchers as stipulated in these laws. 

• Owning, selling and buying shares and bonds of real estate companies for the company's account only in Kuwait and abroad. 

• Preparing studies and providing consultations in fields of all kinds, provided that the required conditions are met in those who practice providing this service. 

• Owning and managing hotels, health clubs and tourist facilities, renting and renting them. 

• Carrying out maintenance work related to buildings and real estate owned by the company and others, including maintenance work and implementation of civil, mechanical, electrical, elevators and air conditioning works to ensure the preservation and safety of buildings. 

• Managing, operating, investing, renting and renting hotels, clubs, guest houses, rest houses, parks, gardens, exhibitions, restaurants, cafeterias, residential complexes, tourist and health resorts, recreational and sports projects and shops at various degrees and levels, including all original services, assistance, ancillary facilities and other services necessary for them. 

• Organizing real estate exhibitions for the company's real estate projects, according to the regulations in force in the Ministry. 

• Holding real estate auctions. 

• Owning and managing commercial markets and residential complexes, whether owned by the company or others. 

• Exploiting the financial surpluses available to the company by investing them in financial portfolios managed by specialized companies and entities. 

• Stock purchase option system for employees. 

• Establishment and management of real estate funds (after the approval of the Central Bank of Kuwait). 

• Direct contribution to the development of infrastructure for residential, commercial, industrial, tourism, urban and sports areas and projects with a build-operate-transfer (BOT) system and facilities management (BOT) system, whether for the benefit of the company or for others. 

• The company may carry out its activities in Kuwait and abroad, either directly or by proxy. The company may have an interest or participate in any way with entities that carry out similar business or that may assist it in achieving its objectives in Kuwait and abroad, and may purchase such bodies or participate in their ownership. 

International Resorts Company - KPSC was established on February 10, 1976 in accordance with the provisions of the Commercial Companies Law under the name (formerly Kuwait Projects for Development and Real Estate Company) as a Kuwaiti public shareholding company.
On February 7, 1998, the name of the company was changed to the International Resorts Company, and the company was listed on the Kuwait Stock Exchange on December 13, 2004. The voluntary withdrawal from Kuwait Stock Exchange took place on January 9, 2020.

The company's capital:
The authorized, issued and fully paid up capital of IRC as stated in the Company's annual financial report for the year ended 31 December 2021 is KD 15,448,210 (KD 15,448,210 / 2020) distributed over 154,482,800 shares with a nominal value of 100 fils per share, and all shares are cash.