Jordanian, Saudi Investment Funds Explore Strategic Opportunities Across Key Sectors
June 21, 2026
The Social Security Investment Fund (SSIF) and the Saudi Jordanian
Investment Fund (SJIF) signed a memorandum of understanding aimed at
accelerating investment cooperation and identifying strategic opportunities
across priority sectors in Jordan.
The agreement reflects growing efforts to expand long-term
institutional investment partnerships and channel capital toward
infrastructure, healthcare, technology and tourism projects.
The signing ceremony was attended by Labor Minister and Chairman of
the Social Security Corporation Khaled Al-Bakkar, Chairman of the Saudi
Jordanian Investment Company Mutaib Al-Shathri and Chairman of the Social
Security Investment Board Omar Malhas.
The memorandum was signed by Chief Executive of the Social Security
Investment Fund Dr. Izzeddin Kanakrieh, and Chief Executive Officer of the Saudi
Jordanian Investment Fund Fadi Al-Saeed.
According to a statement issued Wednesday, the memorandum
establishes a framework for cooperation between the two investment institutions
through the exchange of technical and investment expertise and the acceleration
of studies related to high-priority investment opportunities.
The agreement is also intended to support the attraction of
long-term investment flows, strengthen institutional partnerships and improve
capital allocation toward targeted sectors to support sustainable economic
growth.
Kanakrieh said the memorandum aligns with the fund’s broader
strategy of enhancing investment efficiency through participation in
strategically significant projects alongside regional investment institutions
with specialized expertise and strong market presence.
He added that the partnership supports shared development
objectives and contributes to strengthening growth opportunities across Arab
economies.
For his part, Al-Saeed said the agreement reflects the company’s
strategy of directing investments toward high-potential projects through
long-term institutional partnerships capable of accelerating the development of
strategic investments.
He added that the company aims to further expand its investment
portfolio in infrastructure, healthcare, tourism and technology while
increasing growth investments in promising Jordanian companies.
According to the statement, the Social Security Investment Fund
remains the largest institutional investor in the Jordanian economy through a
diversified portfolio spanning major economic sectors and regional and
international partnerships.
The statement added that the Saudi Jordanian Investment Company
currently holds investments in several sectors within the Jordanian market,
including Jordan Capital Bank Group, Today’s Bakery and OpenSooq.
Its investments also include the Kingdom Healthcare and Medical
Education project, which comprises Kingdom University for Medical Sciences and
the Kingdom University Hospital, expected to open in late 2027, in addition to
feasibility studies for several strategic projects.
