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The Social Security Investment Fund (SSIF) CEO Dr. Ezzeddin Kanakrieh recently welcomed Eng. Ayman Al-Rifai, Chairman of the Nashama Forum for the Jordanian Community Worldwide, and Forum members. SSIF CEO emphasized the meeting's goal to strengthen collaboration with Jordanian expatriates, who significantly impact Jordan's economy through their investments and expertise abroad. He highlighted the Fund's efforts to boost financial stability by managing investments across diverse sectors in Jordan, including banking, mining, and real estate, in partnership with the private sector. Dr. Kanakrieh noted the Fund's assets grew to JD 15.5 billion by mid-2024, up from JD 14.8 billion last year, with profits reaching JD 514 million, a 15% increase. He praised the Forum's role in connecting expatriates with national institutions and attracting new investments. Eng. Al-Rifai commended the Fund’s professional management and its positive impact on economic growth. He also announced the upcoming Nashama Forum conference, which will focus on economic and investment topics with key institutions and expatriates. The conference aims to further collaboration and showcase the Fund's contributions to enhancing service levels and creating job opportunities for young professionals.
The Social Security Corporation (SSC) is a major investor in the tourism sector. Geographically, its portfolio covers most parts of the Kingdom through direct and indirect investments.
SSIF invests in the energy sector through strategic holdings in electricity generation and distribution companies, in addition to renewable energy projects
Al Daman for Development Zones Company (DDC) was established in 2009 as a private shareholding company fully owned by the Social Security Corporation. DDC is the investment arm of the Investment Fund for infrastructure development, services and marketing for the King Hussein Bin Talal Development Area in Al Mafraq and the Irbid Development Area
The value of the equity portfolio amounted to around JD 2,699.6 million as at 31/03/2025
The portfolio consists of money market instruments with maturity dates that do not exceed one year, such as deposits, treasury bills, repurchase agreements, certificates of deposit and current accounts.
The Fund invests in medium and long term loans through direct lending to the Jordanian Government and its public institutions, and also by participating in syndicated loans to companies for a period that is not less than one year.
In September 2020, SSIF established a wholly owned company that will launch an agricultural project in the south on an area of 30,000 dunums with a total investment of JD 13 million