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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

UAE, Saudi pension systems improve performance on 2022 Mercer CFA Index

The index compares pension systems on three sub-indices: Adequacy, Sustainability, and Integrity.
  • The CFA Institute said the index highlights both the considerable diversity and the positive features present in many systems.
  • The study also confirms that no pension system is perfect and that every system has shortcomings.

The 2022 Mercer CFA Institute Global Pension Index compares 44 retirement income systems against more than 50 indicators and benchmarks and on three sub-indices: Adequacy, Sustainability, and Integrity. The CFA Institute said the index highlights both the considerable diversity and the positive features present in many systems. The study also confirms that no pension system is perfect and that every system has shortcomings. TRENDS looks at how Saudi Arabia and the UAE, the biggest economies in the Arabian Gulf, perform on the index: