Daily headlines from the UAE and around the world brought to you by Gulf News. Crowdfunding rule to boost UAE entrepreneurs. Venezuela's president says new assembly to convene soon. Casey Affleck’s wife files for divorce in LA.
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00:00Good day, welcome to the Gulf News Update for Wednesday, August the 2nd.
00:06Here are the top stories at this hour.
00:09The Dubai Financial Services Authority has launched a framework for loan and investment-based
00:14crowdfunding platforms, the first such facility in Gulf states.
00:19The regime forms part of the authority's roadmap to create an innovation-friendly ecosystem
00:25in line with the UAE's National Innovation Strategy.
00:29Financial loan-based crowdfunding is forecast to reach more than $300 billion by 2020.
00:35The Venezuelan government said it is close to convening a special assembly to rewrite
00:41the constitution, override other branches of government, and punish opposition leaders.
00:46Two of President Nicolas Maduro's leading rivals were dragged from their homes by heavily
00:52armed security agents and thrown in a military prison on Tuesday.
00:56The measures drew strong condemnation from the U.S. and some Latin American countries.
01:02Actor Casey Affleck's wife has filed for divorce more than a year after the couple announced
01:07their separation.
01:08Summer Phoenix filed the petition in Los Angeles' Superior Court, citing irreconcilable differences.
01:15The 41-year-old Oscar-winning actor and Phoenix were married in June 2006, and the filing
01:21states they separated in November 2015.
01:25And finally, the weather.
01:26Today's high across the UAE will be 46 degrees Celsius, dropping to 36 degrees at night.
01:31That's all for now.
01:32Thanks for watching.
01:33As always, you can get the latest news on gulfnews.com