• 16 hours ago
Over 1,200 people killed in South Asia monsoon. Abraaj Fund Investors Claim They Are Owed at Least $300 Million. Chelsea manager Maurizio Sarri surprised by Newcastle United's tactics. Daily headlines from the UAE and around the world brought to you by Gulf News. See more at: http://gulfnews.com/videos
Transcript
00:00Good day, welcome to the Gulf News update for Monday, August the 27th.
00:06Here are the top stories at this hour.
00:09More than 1,200 people have been killed across South Asia in monsoon storms so far this year.
00:16According to figures collected by Agence France-Presse, Kerala has reported 445 deaths, nearly half
00:23of the more than 1,000 deaths reported across India, with over 160 killed in neighboring
00:29Karnataka state, more than 200 fatalities in Uttar Pradesh and 195 in West Bengal, according
00:36to official figures.
00:38The monsoon battered Nepal, with 87 people killed since June.
00:42In Sri Lanka, the death toll from monsoon floods fell to 24 from 224 killed in May and
00:49June last year.
00:51In Bangladesh, floods and landslides killed at least 29 people.
00:56Investors in a $1.6 billion Abraj Group fund said they are owed at least $300 million by
01:03the floundering Middle Eastern private equity firm, according to a letter seen by Bloomberg
01:08News.
01:09They also asked to remove the company as manager.
01:12The estimate of what is owed to Private Equity Fund 4 by Abraj is nearly triple the $94.6
01:19million found after a review by Abraj's accounting firm Deloitte LLP in June.
01:27Maurizio Sarri joked that breaching Newcastle United's backline was tougher than breaking
01:32down Serie A defences after his Chelsea side preserved their perfect start to the Premier
01:38League season with a 2-1 win at St. James' Park.
01:42It's not too easy to play here.
01:44This match has been more difficult than Italy, said the former Napoli coach.
01:48With 9 points from three games, Chelsea are behind Liverpool only on a goal difference.
01:55And finally, the weather.
01:56Today's high across the UAE will be 45 degrees Celsius, dropping to 32 degrees at night.
02:01That's all for now.
02:02Thanks for watching.
02:03But as always, you can get the latest updates on gulfnews.com

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