du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

SIB profit up 9%

Higher income from financing and investment drive growth.

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: