JD 1.5 Billion Increase in Assets Year-to-Date

7 Percent Stake in Aqaba Railway Project Company

USD 100 Million Investment in Jordanian-Omani Investment Company

15 Percent Stake in National Water Carrier Project Company, Alongside

Contribution to Bank Consortium Financing

20 Percent Stake in IPP7 Power Project Company

20 Percent Stake in Purified Phosphoric Acid Project

Amman, October 10 (Petra) –Total assets of the Social Security
Investment Fund (SSIF) reached approximately JD20.1 billion at the
end of the third quarter of 2026, compared with about JD 18.7 billion
at year-end 2025, which represents a year-to-date increase of nearly
JD 1.5 billion, equivalent to growth of 8 percent.

In a statement, SSIF said it recorded total comprehensive income of
approximately JD 1.37 billion during the first nine months of the
year, alongside an insurance surplus transfer of about JD 110 million
from the Social Security Corporation.

Total comprehensive income comprised net income of JD 879 million and
a net increase of approximately JD 492.4 million in the valuation of
the strategic equity portfolio.

Net income increased by 8.6 percent compared with the same period of
2025, driven mainly by bonds at JD 511.4 million, equities at JD
248.3 million and money market instruments at JD 86 million.

Bonds accounted for 56.2 percent of assets, equities 21.3 percent,
money market instruments 11.5 percent, real estate 5.6 percent, loans
2.4 percent and tourism investments 1.6 percent.

Chairman of the Social Security Investment Board Omar Malhas said
SSIF is a key part of the national economy. Its decisions are guided
by a prudent investment policy and institutional governance
frameworks, and opportunities are assessed for returns and acceptable
levels of risk, balancing investment viability with economic impact.

Malhas said SSIF is complementing conventional pension fund
investments by expanding into major, long-term projects in water,
energy, transport and mining through local, regional and
international strategic partnerships.

He added that this approach supports the social security system by
creating jobs that expand the contributor base and by generating
investment returns that are reinvested to grow social security funds
and strengthen their sustainability.

SSIF Chief Executive Officer Dr. Izzeddin Kanakrieh said the results
provide a strong base for a new phase combining growth in existing
investments with entry into new sectors and major projects. SSIF
leverages its financial scale and institutional expertise to assess
opportunities, pursue new investments and build strategic
partnerships.

Kanakrieh added that SSIF considers potential synergies across its
portfolio, as certain projects can enhance existing investments by
lowering costs, improving efficiency or extending value chains.

Recent developments reflect this direction. SSIF’s investment
activity in major projects has gathered pace. The foundation stone
was recently laid for the Aqaba–Al Shidiya–Ma’an Railway Project, in
which SSIF holds a 7 percent stake in the project company under a
strategic Jordanian-Emirati partnership.

The project marks SSIF’s first investment in rail transport and will
support its holdings in Jordan Phosphate Mines Company and Arab
Potash Company by lowering transport costs and improving efficiency.

SSIF also partnered with the Oman Investment Authority to establish
the Jordanian-Omani Investment Company in Jordan, equally owned by
both parties with an investment size of USD 100 million.

For the National Water Carrier Project, the National Water
Investments Company, wholly owned by the Social Security Corporation,
was established to acquire a 15 percent stake in the project company.
SSIF is also finalising its direct contribution to project financing
through a consortium of Jordanian commercial banks.

The Cabinet recently approved SSIF’s participation through a 20
percent equity stake in the IPP7 Combined-Cycle Power Generation
Project. SSIF is also finalising procedures to acquire a 20 percent
stake in the project company developing a purified phosphoric acid
plant in partnership with Jordan Phosphate Mines Company and Arab
Potash Company.

SSIF continues to assess opportunities in technology, mining and
transport and attract strategic partners for new projects, while
growing social security funds, serving contributors and retirees, and
supporting economic growth and investment activity in Jordan.

//Petra// AG