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Introduction
The Investment Unit was established in accordance with the Bylaw for Investing Funds of the Social Security Corporation number 111 issued in 2001 by virtue of 76 of the Social Security Corporation Law number 19 issued in 2001. The Unit started actual operations in early 2003 after the investment strategies governing its functions were endorsed.

The Investment Unit operates under the supervision of the commission within an integrated system of management, guidance and control to ensure the independence and integrity of the investment decision and its execution in the interest of the beneficiaries of SSC's services.

The commission of the Investment Unit comprises nine members, headed by the commission chairman and includes the SSC director general (vice chairman ) and two members, one representing the workers and the other representing the employers, to be named by Social Security Corporation Board from among its members. The remaining five members are to be appointed by the Council of Ministers on the basis of their qualifications and experience.

·            The Unit aims to manage the investments of the Corporation in a manner ensuring the increase of its financial resources subject to the following principles:

·            Retaining the real value of the assets and liabilities of the Corporation by realizing profitable and regular returns.

·            Maintaining the real value of the investments.

·            Reducing the risks by diversification of the investments of the Corporation between different investment tool

·            Providing the needed liquidity in order to meet the liabilities of the Corporation.

·            International standards relevant to the management of social security funds.

 

In the interest of realizing its aims, the Unit shall manage the financial portfolio of the Corporation according to the following:

·            Trading in local companies shares, whether listed or unlisted in the stock market exchange.

·            Establishing projects in cooperation with the public and private sectors, and participating in the already established feasible projects. Buying and selling bonds, debentures and other securities and subscribing thereto.

·            Depositing cash within the banking system in return for appropriate revenues. Participating in the joint investment funds.

·            Participating in financing national projects which are economically feasible through providing long term loans in return for appropriate guarantees.

·            Buying, selling, and developing lands and buildings for the purposes of ownership, sharing, and investment or trading.

·            Carrying out any investment activities approved by the Commission and adopted by the Board.

·            Conducting feasibility studies for the projects to be invested in; accordingly may seek experts and specialists assistance.

·            Following up on the performance of the representatives of the Corporation in the companies in which the Corporation is a shareholder, and submitting reports on the performance of these companies accompanied by the recommendations to the Commission.

 
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