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Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 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: