"North Star " Approves Amendments to Its Objectives and Activities

Published on almowazi.com on 02 September 2025
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The General Assembly of North Star Shipping Company, held on August 19, 2025, approved the amendment of Article (5) of its Articles of Incorporation and Article (4) of its article of association to read as follows:

"Managing projects, maritime shipping and unloading, cargo handling, buying and selling stocks and bonds on behalf of the company, and investing financial surpluses in investment portfolios managed by specialized companies and entities. These decisions are subject to the approval of the Ministry of Commerce and Industry and other official authorities, and the completion of all required registration procedures".

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