Sarh Capital Real Estate held its Extraordinary General Meeting (EGM) on Monday 10 October 2022, and approved to amend Article (5) of the Memorandum of Incorporation and Article (4) of the Articles of Association, as follows: 
-    Own, sell, purchase, and develop real estate properties and land plots on the Company’s behalf and for third parties, in Kuwait and abroad. Provide property management services for third parties within the limits set by the applicable laws without violating the ban imposed on trading in private housing plots. 
-    Own, manage, rent, and lease hotels, health clubs and tourist facilities.
-    Provide maintenance services for buildings and real estate properties owned by the company and third parties, including various types of maintenance work such as civil, mechanical, electrical, elevators and air conditioning works to ensure their maintenance and safety.
-    Manage, operate, invest, rent, and lease hotels, clubs, motels, guest houses, rest houses, parks, galleries, restaurants, cafeterias, residential complexes, touristic and health resorts, recreational and sports projects, recreational facilities, public places, shops and stores of different types and levels including the provision of main services and support as well as any other related services.
-    Organize real estate exhibitions in line with the regulations stipulated by the ministry.
-    Hold real estate auctions to showcase the company’s projects, in line with the appliable guidelines set forth by the Ministry. 
-    Own and manage commercial and residential complexes.
-    Utilize the Company's surplus to invest it in financial portfolios managed by specialized companies.  
-    Directly contribute to laying down the infrastructural foundation for residential, commercial, and industrial zones based on Build, Operate, and Transfer (B.O.T.) system and BOT property management.  
-    Own real estate properties and movable assets as required to carry out the Company’s activities within the limits permitted by the law.
-    Sell and purchase shares and bonds on the company's behalf only.
-    The Company may carry out the above-stated objectives on its behalf or on behalf of third parties in Kuwait and abroad. The Company may have an interest with entities that carry out businesses similar to its own or that may be conducive in accomplishing its objectives, and it may buy, participate in, associate with or merge with such entities in the State of Kuwait or abroad.