ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) has reiterated that as of 28th of February 2016, the retirement eligibility in case of resignation of the insured will become 49 years of age, provided the completion of 20 years in service. The issue was raised during a workshop hosted by Dubai Civil Aviation Authority, DCAA, in ...

ABU DHABI / WAM The Emirates Red Crescent (ERC) has launched rehabilitation project at the University of Aden, Yemen, which includes maintenance work at five main housing buildings and their service facilities. Spread on an area of 59467 square metres, the housing complex can accommodate 1500 students from various governorates of Yemen as well as students from neighboring countries such ...

London / AFP British Prime Minister David Cameron on Saturday embarked on a daunting challenge to persuade ministers in his own cabinet and the country at large to vote for Britain to stay in the European Union. Cameron will hold a cabinet meeting — the first on a Saturday since the Falklands War in 1982 — and will announce the ...

London / Bloomberg Six U.K. ministers signaled their intention to campaign for Britain to leave the European Union in June 23’s referendum by heading straight from a cabinet meeting to the headquarters of the Vote Leave campaign group. Justice Secretary Michael Gove, Work & Pensions Secretary Iain Duncan Smith and Chris Grayling, the leader of the House of Commons, were ...

Geneva / AFP Richemont, the world’s second-biggest luxury goods group, is planning to cut up to 350 jobs in Switzerland this year amid a “difficult” watch market, a Swiss newspaper reported Saturday. Richemont, second only to France’s LVMH in the luxury world, is “studying an adjustment of the production capacities of some watch manufacturers,” Le Temps daily reported, quoting an ...

Berlin / BLOOMBERG Germany will step up surprise tests for airline pilots to detect medications and drugs nearly a year after a Germanwings co-pilot suffering from depression deliberately crashed his plane, the SuddeutscheZeitung newspaper reported on Saturday. The Munich paper, citing a document which outlined a series of measures approved in Berlin Friday, reported that the new programme will come ...

Bloomberg With German government bonds on their longest winning streak in more than a year, investors are set to scour inflation data next week for clues as to whether the European Central Bank will provide more stimulus next month. A measure of euro-region inflation expectations stayed near a record low this week even as the central bank pledged it is ...

South Carolina / Bloomberg On the eve of South Carolina’s Republican primary, billionaire Donald Trump suggested that one of the state’s top employers could lose jobs if he isn’t elected president because, he claimed, no one else will be as good a negotiator with the Chinese. “Boeing is building massive plants in China,” he said at a rally in Myrtle ...

South Carolina / Bloomberg South Carolina Governor Nikki Haley shook up the Republican presidential race this week by endorsing Florida Senator Marco Rubio. But much of the endorsement action is back in Washington, where a Bloomberg Politics analysis illustrates Ted Cruz’s clear dominance with hard-core conservatives; the battle between Rubio and Jeb Bush for establishment support; and John Kasich’s potential ...

Bogota / AP The spread of Zika will have a modest drag on economies in Latin America, with tourism-dependent Caribbean nations most at risk, the World Bank said. It made $150 million immediately available to help fight the virus. The World Health Organization has declared a global health emergency in response to the Zika outbreak and the U.S. is urging ...