Nakheel turns debt-free - GN Headlines - video Dailymotion

Gulf News

Daily headlines from the UAE and around the world brought to you by Gulf News. Nakheel turns debt-free. Donald Trump urges US Justice Department to investigate the Clinton Foundation. African National Congress has lost control of the economic hub of Johannesburg. Ryan Lochte dropped by four commercial sponsors. Lindsay Lohan has demanded a meeting with President Vladimir Putin. See more at: http://gulfnews.com/gntv

Transcript

00:00Good day. Welcome to the Gulf News update for Tuesday, August 23. Here are the top stories

00:08at this hour.

00:09The Dubai government-owned developer Naqeel is now debt-free after paying off a 4.4 billion

00:16dirham sukook. Naqeel said it met all its sukook payoff from internal funds. The payment

00:22has been put up with Deutsche Bank, which will be disbursing it to the sukook holders.

00:26The latest payoff closes Naqeel's far-reaching restructuring programme that was launched

00:32in 2010 in the aftermath of the Dubai property market turmoil in 2009.

00:37Donald Trump has urged the US Justice Department to investigate if donors to the Clinton Foundation

00:43got special treatment from the State Department when it was run by Hillary Clinton.

00:49The Republican presidential contender made the appeal at a rally before thousands of

00:53cheering supporters in Ohio. He accused former President Bill Clinton and his wife and Democratic

01:00rival of turning the Clinton Foundation charity into a pay-for-play scheme in which wealthy

01:05donors got favours from the State Department during Hillary Clinton's tenure from 2009

01:11to 2013.

01:13South Africa's ruling African National Congress has lost control of the economic hub of Johannesburg

01:19for the first time since the end of apartheid. Herman Mashaba of the Liberal-Centre-Right

01:24Democratic Alliance takes over from incumbent mayor and ANC candidate Pax Tau. The results

01:31comes just days after the ruling party was also booted from power in the capital, Pretoria.

01:37US swimmer Ryan Lochte's four commercial sponsors have dropped the 12-time Olympic medal winner

01:44in response to the incident last week in which he falsely claimed he and three teammates

01:49had been held up by armed robbers at a Rio de Janeiro gas station. The decisions by Speedo,

01:56Ralph Lauren, Airweave and Gentle Hair Removal came after Lochte admitted to over-exaggerating

02:01the armed robbery claim. Lochte, meanwhile, said he would continue to swim even if sanctioned

02:08by the US Olympic Committee for his lack of honesty.

02:12Troubled US star Lindsay Lohan has demanded a meeting with President Vladimir Putin in

02:17return for appearing on a Russian chat show, its host said. US entertainment news site

02:22TMZ earlier said that Lohan sent Russian Channel 1 television a list of demands including a

02:29meet with Putin and photos with him as well as a private jet, a one-year visa and a fee

02:34of £500,000.

02:37For weather, today's high across the UAE will be 43 degrees Celsius, dropping to 32 degrees

02:43at night.

02:44That's all for now, thanks for watching and as always you can get the latest news on girlfriends.com

Nakheel turns debt-free - GN Headlines

Category

Transcript

Be the first to comment

Recommended