The amendment of purposes for Industrial & Financial Investments Company was approved during the Extraordinary General Assembly of Industrial and Financial Investment Company, which was held on the 4th of September 2023. 
Article (5) of the Memorandum of Association and Article (4) of its Articles of Association have been modified as follows:
In accordance with the Companies Law No. 1/2016 and its Executive Regulations, the company's purposes are as follows: 
- Managing its subsidiaries or participating in the management of other companies in which it holds shares, providing necessary support to these entities.
- Investing its funds in trading stocks, bonds, and securities.
- Owning real estate and movable assets necessary for carrying out its operations, within the limits set by the law.
- Owning industrial and intellectual property rights, such as patents, trademarks, industrial designs, franchises, and other moral rights, and exploiting and leasing them to its subsidiaries and others.
- Buying and selling shares and bonds on behalf of the company.
- Investing financial surpluses in managed financial portfolios, entrusted to specialized companies or entities.
- Providing investment and real estate finance consulting services.
 The company may engage in any similar, supplementary, necessary, or related activities to achieve the aforementioned purposes. It may also perform necessary operations on its own behalf or on behalf of others, both inside and outside the State of Kuwait. The company is permitted to have interests or participate in any way with other companies and institutions engaged in similar businesses or collaborating with it to achieve its objectives, whether inside or outside the State of Kuwait. Additionally, the company may establish, participate in, acquire, or merge with such companies and institutions.