Daily headlines from the UAE and around the world brought to you by Gulf News. Business with Iran. Syria in crisis. Egypt in turmoil. Pakistan-Taliban talks. UAE economy. English Premier League. Handball championship. Hoffman investigation. See more at: http://gulfnews.com/gntv
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00:00Good day and welcome to the Gulf News Update for Tuesday, February the 4th.
00:09Here are the top stories at this hour.
00:12Businesses and banks need to be realistic on the existing economic sanctions and should
00:17not be in a rush to do business with Iran, according to David S. Cohen, Undersecretary
00:21for Terrorism and Financial Intelligence at the U.S. Treasury.
00:26Cohen's comments come at a time when leading global oil companies, banks and trading firms
00:31are preparing to head to Tehran in search of lucrative deals.
00:36Syria's opposition leader, Ahmad Jarba, met Russia's Foreign Minister Sergei Lavrov
00:41this morning in a bid to persuade Moscow to pressure Damascus to agree to a transitional
00:46government for the war-scarred nation.
00:49In Egypt, the trial of ousted Islamist President Mohamed Morsi on charges of inciting the killing
00:55of protesters in 2012 resumes today.
00:59Pakistan Prime Minister Nawaz Sharif's government plans to hold preliminary talks today with
01:03representatives of the Pakistani Taliban.
01:06The meeting is described as an introductory chat with the militant group which is responsible
01:11for a decade-long insurgency that has claimed more than 45,000 lives.
01:17The UAE's economy will grow 5% during 2014, while inflation rates will rise by 2%, industry
01:24experts said at the UAE Economic Outlook 2014 forum.
01:29Football and Jose Mourinho has continued to play down Chelsea's chances of winning the
01:34English Premier League title, despite their impressive 1-0 win away to Manchester City
01:39last night.
01:40The UAE will play their Asian Men's Handball Championship semi-final against Hoss Bahrain
01:45in Manama today, safe in the knowledge that they have already qualified for next year's
01:50World Championship in Qatar.
01:52Tests have confirmed there was heroin in at least some of the scores of plastic packets
01:57in the New York City apartment where Philip Seymour Hoffman was found dead, a law enforcement
02:03official said.
02:05Medical examiners have not yet made an official determination of the cause of the 46-year-old
02:09actor's death, but police have been investigating it as a suspected overdose.
02:15And finally, the weather.
02:16The daytime temperature will be 29 degrees Celsius, falling to 19 at night.
02:21That's all for now.
02:22Thank you for watching and as always, you can get the latest news at gulfnews.com