The Houthi militia... nine years of destruction and weakening of Yemen and the Yemenis
تاريخ النشر: 22nd, September 2023 GMT
On September 21, 2014, Yemen entered a devastating phase that turned the country into a humanitarian disaster, undermined the economy, tore apart the infrastructure, and collapsed the humanitarian protection systems: health, electricity, and education.
Nearly nine years of war and economic decline have weakened Yemen and the Yemenis, and taken a heavy toll on the lives, health, and economic prospects of the Yemeni people.
The United Nations Development Program estimates that about 377,000 people have lost their lives due to the direct and indirect effects of the conflict in Yemen, about two-thirds of those killed are children under the age of five.
Since 2019, the United Nations has cited Yemen as the world's worst humanitarian crisis, and it is estimated that half of the total number of those who lost their lives died from indirect causes such as lack of food, healthcare or infrastructure.
World Bank reports confirm that epilepsy in Yemen has caused a severe economic and humanitarian crisis, and estimates indicate that the real gross domestic product has fallen by almost half since the beginning of the conflict, although there will be a slight recovery in 2022.
Of Yemen's total population of about 34 million people, the June 2023 Capacity Assessment Project report confirms that 28 million people have been affected by the conflict, 23.4 million people are in need of assistance, 17 million people suffer from acute food insecurity, and millions of Yemenis have been displaced.
The World Bank says in its Humanitarian Needs Review, 2022, that infectious diseases are spreading widely, the country is facing a shortage of medicines, and is suffering from the disruption of basic health and education services and the destruction of infrastructure, including road networks.
The Houthi militia war wiped out the gains made as a result of losses in material and human capital, internal displacement, fragmentation of financial institutions, the flight of national capital and the migration of talent.
Economic reports confirm that the Houthi militia undermined development efforts and destroyed infrastructure, causing unemployment rates to increase and inflation to rise.
International reports and studies on Yemen indicate that if the war ends now, recovery will take decades, as the economy has been severely torn apart by a decade of war.
المصدر: نيوزيمن
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SSIF’s assets grew by JD 1.7 billion to reach nearly JD 18 billion at the end of Q3 2025
صراحة نيوز –
The Social Security Investment Fund (SSIF) reported a record performance for the first nine months of 2025, with total assets nearing JD 18 billion by the end of September — an increase of JD 1.7 billion, or 10.6 percent, since the beginning of the year.
This growth was driven by an increase in total income, which advanced to JD 1.6 billion compared with JD 664.5 million for the same period last year — a 133.5 percent increase — along with the JD 164 million surplus transferred from the Social Security Corporation.
Total income was primarily derived from JD 809.6 million in realized income from the Fund’s investment portfolios and JD 741.7 million in revaluation gains from its strategic equity holdings.
Net income generated from the Fund’s diversified portfolios grew by 16 percent year-on-year, supported by income of JD 454.6 million from bonds, JD 222.4 million from equities, and JD 104.9 million from money-market instruments, in addition to returns from loan and real-estate investments.
The Fund’s assets were mainly allocated to bonds 57.8 percent, equities 18.2 percent, money-market instruments 12.6 percent, real estate 5 percent, loans 3.2 percent, and tourism investments 1.8 percent.
Chairman of the Investment Board, Omar Malhas affirmed that the results achieved during the year reflect the Fund’s solid and disciplined investment approach, which is based on long-term planning, diversification of investment instruments, and investment in viable projects that add value to the national economy.
He added that the Fund continues to strengthen its position as a pivotal national partner in implementing major strategic projects that form a key pillar of sustainable growth in the Kingdom—most notably through its participation in the National Water Carrier Project. He further noted the Fund’s commitment to pursuing investments that enhance portfolio diversification and align with the objectives of the Economic Modernization Vision.
Malhas emphasized that these strategic ventures demonstrate the Fund’s investment-driven national mission to generate sustainable returns that reinforce its financial strength. He added that this approach also reflects the Fund’s enduring institutional role in supporting the Kingdom’s economic framework and promoting a stable, efficient, and forward-looking investment environment.
SSIF CEO, Dr Izzedine Kanakrieh, stated that the Fund continued during the third quarter to translate its investment plans into tangible results through active portfolio management and prudent decision making, reflecting mature and disciplined policies.
He noted that the Fund has strengthened its holdings in several strategic listed companies on the Amman Stock Exchange, guided by a measured approach based on thorough evaluation and well-studied opportunities that enhance value and reinforce the Fund’s long-term position. This approach, he said, reflects confidence in Jordan’s capital-market outlook and underscores the Fund’s commitment to institutional investment practices that balance return and sustainability.
Kanakrieh also highlighted the Fund’s expanding activity in the real-estate sector, including the acquisition of strategically located lands and the signing of long-term lease agreements with local investors under the Build-Operate-Transfer (BOT) model. These initiatives, he explained, stimulate economic activity, create jobs across governorates, and enhance both the value and sustainability of the Fund’s asset base.
He added that these efforts reaffirm the Fund’s role as a national institutional investor dedicated to safeguarding the savings of Jordanians while achieving sustainable returns
The Social Security Investment Fund will continue to implement its long-term investment strategy, guided by an institutional approach that combines efficiency and sustainability, and enhances its enduring contribution to Jordan’s economic and social progress and development.
القصة المأساوية وراء أشهر الصور في العالم.. مشهد نسر يتربص بطفل جائع حتى الموت