Petra - First to know

Relatively cool
Amman
13°C
Dark Mode Light Mode
rows
العربية

Relatively cool

Amman

13°C

  • Search
  • News Archive
  • Week’s News
  • Sitemap
The Jordan News Agency
The Jordan News Agency
AR
  • General Bulletin
  • Business & Economy
  • Local News
  • Governorates
  • World News
  • Photo Albums
  • About Petra
    1. News Archive
    2. Week’s News
    3. Sitemap
| rows
  • PM attends funeral of mother of foreign minister

  • Crown Prince meets with Estonia president in Tallinn

  • Queen Rania Urges World’s Youth to Push Back Against Injustices at One Young World Summit in Cape Town

  • Crown Prince visits Tehnopol Science and Business Park

  • JTGA head lauds government response to soft loan demands

Preparing print…

Business & Economy

  1. Home Page
  2. Business & Economy
  3. SSIF investments constitute 43% of Jordan's GDP-CEO

SSIF investments constitute 43% of Jordan's GDP-CEO

07/03/2026 | 12:54:22

  • site.twitter
  • site.copy
  • site.share
  • site.print
  • site.TextAa
  • site.TextAa

Amman, March 7 (Petra) – CEO of the Social Security Investment Fund (SSIF), Dr. Ezz Eddin Kanakrieh, said the fund continues to strengthen its position as "one of the leading institutional" investors in the national economy.

On their value, Kanakrieh announced the SSIF's assets are equivalent to approximately 43% of the Kingdom's GDP, as investments are distributed across most economic sectors and in various governorates of the Kingdom.

Kanakrieh noted this situation contributes to supporting economic development and underscores the fund's role as a "fundamental" investment pillar of the national economy.

In remarks to "Petra," he stated the fund's investments are managed, in accordance with a "long-term" investment approach based on "careful diversification of assets, risk management, and investment decisions grounded in specialized technical and financial studies, which ensure profitable returns within acceptable risk levels." He noted this approach stems from the fund's "institutional" responsibility to manage and grow savings of subscribers and retirees, which would enhance sustainability of the pension system for current and future generations.

He said the fund's assets have witnessed "continuous" growth since its establishment, rising from JD1.6 billion in 2003 to approximately JD18.6 billion by the end of 2025.

He indicated that this growth came from cumulative investment profits amounting to JD10.8 billion, compared to approximately JD6.2 billion in cash surpluses transferred from the Social Security Corporation since its inception.

During 2025 alone, he announced assets increased by approximately JD2.4 billion, representing a growth rate of 15.2% compared to the previous year, which reflects "robustness of the long-term" investment approach adopted by the fund in managing social security savings.

Kanakrieh remarked the companies and projects owned or invested in by the fund provide more than 100,000 direct job opportunities, as well as tens of thousands of indirect job opportunities in related sectors such as industry, services, transportation, and supply chains.

Kanakrieh added that this situation reflects the "broad" economic impact of its investments and its role in stimulating economic activity across various sectors.

//Petra// AG More...

  • site.twitter
  • site.copy
  • site.share
  • site.print
  • site.TextAa
  • site.TextAa

Topics:

  • Business & Economy

Live News Feed

U.S. stocks rally after Democrats secure decisive congressional victory, oil prices fall

04/11/2026 | 23:47:51

Salt dialogue session emphasizes social cohesion, combating extremist ideology

04/11/2026 | 23:39:35

JFDA chief inspects Aqaba branch, discusses streamlining clearance procedures

04/11/2026 | 23:17:29

MP praises Queen Rania’s Cape Town speech on Palestinian rights

04/11/2026 | 23:17:21

Executive bureau of Arab Council of Cybersecurity Ministers holds fourth meeting

04/11/2026 | 22:58:25

JTGA head lauds government response to soft loan demands

04/11/2026 | 22:16:33

More Of Business & Economy

JTGA head lauds government response to soft loan demands

JTGA head lauds government response to soft loan demands

04/11/2026 | 22:16:33
APC, RSCN Launch Tamarisk Forest Sustainability Project in Fifa Nature Reserve

APC, RSCN Launch Tamarisk Forest Sustainability Project in Fifa Nature Reserve

04/11/2026 | 17:10:59
Digital Economy, Education ministries launch project to digitize Jordan's school curricula

Digital Economy, Education ministries launch project to digitize Jordan's school curricula

04/11/2026 | 16:41:57

ASE Index Rises 0.91%, Turnover Totals JD13.4 Million

04/11/2026 | 15:23:24

Orange Jordan, JoPACC Hold Fintech Training Sessions for Coding Students

04/11/2026 | 14:52:07

ACI Exports Rise 6% to JD6.674B in 10 Months 2026: Data

04/11/2026 | 14:38:56

Jordanian pavilion in 3 Dubai expos draw 'high' turnout: JEA

04/11/2026 | 14:31:04

MoC signed to enhance energy efficiency in GAM buildings, facilities

04/11/2026 | 14:14:57
  • Need a little help?

    To adjust this website for your accessibility needs, select one or more options below.

    Invert Colors
    Invert Colors
    Invert Colors Invert Colors
    Dark Contrast Dark Contrast
    Desaturated Desaturated
    Highlight Links Highlight Links
    Highlight Links Highlight Links
    Text Spacing Text Spacing
    Light Spacing Light Spacing
    Moderate Spacing Moderate Spacing
    Heavy Spacing Heavy Spacing
    Font Size Font Size
    site.INCREASE_FONT_SIZE A
    site.INCREASE_FONT_SIZE A+
    site.INCREASE_FONT_SIZE A++
    site.FONT_TYPE Font Type
    Dyslexia Friendly Dyslexia Friendly
    Legible Font Legible Font
    Reading Reading
    Big Cursor Big Cursor
    ٍReading Cursor ٍReading Cursor
    Reading Guide Reading Guide
    Line Height Line Height
    Line Height (0.75) Line Height (0.75)
    Line Height (1.75) Line Height (1.75)
    Line Height (2) Line Height (2)
    Text Align Text Align
    Align Right Align Right
    Align Left Align Left
    Align Center Align Center
    Justify Text Justify Text
    Reset All
    site.ACCESSIBILITY_TOOL
  • rows
  • rows
  • rows
footer
footer
footer
Sanad Your service is our duty The right to obtain information Invest in Jordan footer-second-row-images-en Amman Message
  1. Sanad

  2. Your service is our duty

  3. The right to obtain information

  4. Invest in Jordan

  5. Amman Message

Main

  • Business & Economy
  • Local News
  • Governorates
  • World News
  • Photo Albums

About Petra

About Jordan

  • Official website of the Royal Hashemite Court
  • Official website of His Majesty King Abdullah II
  • Official website of His Royal Highness Crown Prince Al Hussein bin Abdullah II
  • Official website of Her Majesty Queen Rania Al Abdullah
  • Useful Link

Contact us

  • Phone

    +962 (6) 5609700
  • Fax:

    +962 (6) 5682493
  • PO BOX:

    6845 Amman 11118
  • Email:

    petra@petra.gov.jo
  • Address:

     Jamal Abdel-Naser Circle
  • rows

Download Application

  • Supports Internet Explorer 10+, Google Chrome, Firefox, Safari
  • This website is best viewed on a 768 x 1366 screen
  • Program required for browsing: Adobe Reader
  • Privacy Policy
  • Copyright
  • Terms of Use
  • Disclaimer
  • Cookies

All rights protected by - Petra News Agency 1997 - 2026 © Developed by dot.jo