Investment guarantee funds portfolios income up 17.3%, says official


Amman: The Amman Future Dialogues Group hosted the head of the Social Security Corporation Investment Fund, Ezzedine Kanakrieh, in a meeting entitled “Security Fund Investments: Their Reality and Future.”

Kanakrieh reviewed the latest financial performance indicators for the investment portfolios, noting that the size of the fund’s assets increased last year by JOD1.1 billion at about JOD14.9 billion at the end of 2023 compared to JOD13.8 billion at the end of 2022, a 7.6 per cent growth, according to preliminary financial statements for 2023.

Income generated from investment portfolios increased by 17.3 per cent, reaching about JOD802 million at the end of 2023, compared to JOD684 million at the end of 2022.

Kanakrieh said the diversification of the fund’s investment portfolio, including stocks, money market instruments, loans, and real estate and tourism investments, led to achieving positive results despite the fluctuations in the performance of various economic sectors due to regional conditions.

He a
dded that the Fund’s ability to achieve results indicates the “prudence of its investment policy.” He said the Fund seeks to enhance its investments from a sustainable perspective by investing competitive advantage in the governorates, establishing new viable projects and expanding existing investments in promising sectors.

He noted that the investments have a “major” role in providing new job opportunities, strengthening the financial position of the Social Security Corporation through investment returns and the increase in subscribers with the Corporation.

Source: Jordan News Agency

4k soldiers in Amran pro-Palestine military march


Reserve units in the sixth military zone has carried out a military march that started in Harf Sofian district in the northern governorate of Amran, passed through Jawf governorate and arrived in Majzar district in Marib.

4 thousand servicemen walked 100 kilometers in the 3-day march, despite the hard topography and high temperature, in preparation for the “promised victory and sacred jihad” in support of the Palestinian people and resistance.

Source: Yemen News Agency

Fisheries Authority condemns aggression crime in Mocha


The General Authority for Fisheries in the Red Sea has condemned the crime committed by the American-British aggression coalition by targeting a number of Yemeni fishermen off the coast of Mocha in Taiz province.

In a statement, the Fisheries Authority denounced the crime, which led to the martyrdom of two fishermen and the loss of others as they sought to earn a living by practicing the fishing profession.

The statement stressed that the American-British presence in the Red Sea poses a serious threat to the lives of thousands of Yemeni fishermen, and poses a threat to fish wealth and the marine environment.

It called on the international community to condemn all crimes and violations targeting fishermen.

Source: Yemen News Agency

National Guard Command rescues 4 people from capsized boat off coast of Sharjah


ABU DHABI: The National Guard Command, represented by the UAE Coast Guard Division, rescued a citizen and 3 people of Asian nationality whose boat capsized 17 nautical miles from the coast of the emirate of Sharjah – Hamriya Port.

The Coast Guard team was able to locate the boat, rescue all individuals, and provide them with first aid.

The operation demonstrated the firm commitment of the National Guard Command units to strengthening security and the safety of all citizens and residents in the UAE.

Source: Emirates News Agency

Jordan partakes in International Health Tourism Conference in Egypt


Aqaba: A delegation from the Aqaba Special Economic Zone Authority (ASEZA) has participated in the International Health Tourism Conference, held in the New Administrative Capital of Egypt.

Deputy Chairman of the ASEZA Board of Commissioners, Hamza Haj Hassan, emphasized the significance of such conferences in promoting the medical tourism sector. The focus was on highlighting the treatment programs offered by both the Egyptian and Jordanian markets.

Jordan has been a trailblazer in hosting hundreds of thousands of patients from various countries, particularly from the Arab Gulf states, Libya, Yemen, and others, in both private and public hospitals for over a decade.

Haj Hassan underscored the critical role of maintaining high-quality standards to bolster the reputation and credibility of Jordanian healthcare institutions. He highlighted how quality and reliability play a significant part in driving the growth of medical tourism, opening doors for the potential expansion of hospitalization programs in the K
ingdom.

On the sidelines of the conference, which witnessed the presence of Egyptian Prime Minister Mostafa Madbouly, along with several ministers, officials, and esteemed international guests, the delegation had a productive meeting with Governor of South Sinai Maj. Gen. Khaled Fouda.

The discussions primarily revolved around the development of intra-regional tourism, particularly focusing on the resorts along the Egyptian Red Sea beaches and the Gulf of Aqaba. The meeting also explored various opportunities for cooperation between the two friendly nations.

Source: Jordan News Agency