00:00Good day. Welcome to the Gulf News Update for Sunday, January 8. Here are the top stories
00:07at this hour.
00:08The UAE government has announced the establishment of a legal system for venture capital funds.
00:14The move comes as part of the first batch of government accelerator projects launched
00:18last year by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and
00:23Prime Minister of the UAE and ruler of Dubai.
00:26Removing the fine print governing venture capital funds is the result of a strong partnership
00:31between the public and private sector, said Sultan bin Saeed Al Mansouri, Minister of
00:36Economy.
00:37A senior member of the Israeli embassy staff in the UK was secretly filmed saying he wanted
00:42to take down Foreign Office Minister Sir Alan Duncan. Sir Alan, who has been critical of
00:47Israel, was seen as more of a problem than Foreign Secretary Boris Johnson, who was quote
00:53unquote, basically good, according to a transcript of the conversation.
00:57He just doesn't care. He's an idiot, but has become Minister of Foreign Affairs without
01:02any responsibilities, says the transcript.
01:05In sport, Novak Djokovic brought world number one Andy Murray's 28-match winning streak
01:10to an end in Doha last night to retain the Qatar Open title in a three-set thriller.
01:15Djokovic won 6-3, 5-7, 6-4 in an action-packed match between the two best players in the
01:22world lasting almost three hours.
01:26Hollywood's elite head for the red carpet tonight for the Golden Globes, the launch
01:29of the entertainment industry's awards season.
01:32Leading the pack this year is Damien Chazelle's La La Land, a nostalgic tribute to the golden
01:37age of Hollywood musicals that picked up seven nominations.
01:41Barry Jenkins' coming-of-age tale Moonlight got six nominations, including for the director
01:46and cast members Naomi Harris and Mahershala Ali.
01:51And finally, weather. Today's high across the UAE will be 24 degrees Celsius, dropping
01:56to 16 degrees at night.
01:58That's all for now. Thanks for watching, and as always, you can get the latest news
02:02at gulfnews.com.
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