Under the provisions of Article (14), Paragraph (C) of the Social Security Law No. (1) of 2014 and its amendments, the Social Security Investment Board shall assume the following duties and powers:

1. Draw the overall investment policy of the Social Security Investment Fund and submit it to the Social Security Corporation Board for ratification.

2. Draw the overall investment plan of Social Security Corporation’s funds and submit it to the Social Security Corporation Board for ratification.

3. Oversee the implementation of the Social Security Corporation’s investment policy, draw the plans and programs needed for this, and follow-up on the implementation of the policy.

4. Make the investment decisions necessary for the implementation of the Social Security Corporation’s investment policy and overall investment plan in accordance with the provisions of the Social Security Law and regulations issued pursuant thereto.

5. Submit to the Social Security Corporation Board the Social Security Investment Fund’s draft annual budget, showing different areas of expenditure and allocations for each one of them, and recommendations for approval thereof. 

6. Submit periodic reports to the Social Security Corporation Board on the Social Security Investment Fund activities and performance.

7. Review the annual report on the Social Security Investment Fund activities and related closing financial statements, and submit them to the Social Security Corporation Board for approval.

8. Name the required committees for investment work in accordance with the executive instructions.

9. Prepare draft of the Social Security Investment Fund executive regulations to ensure the realization of the Social Security Corporation’s objectives and submit them to the Social Security Corporation Board of Directors. 

10. Any other powers assigned or delegated to it by the Social Security Corporation Board in accordance with the regulations and executive instructions issued pursuant to the Law.