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Four UK banks approve Dubai debts reschedule


LONDON - U.K: banks of HSBC Holdings/quotes/comstock/23s!a:hsba, Standard Chartered, Lloyds Banking Group and Royal Bank of Scotland /quotes/comstock/23s!a:rbs have agreed to reschedule Dubai World"s debtas Zawya Dow Jones reported citing a report in Dubai"s Al Bayan newspaper. The four banks have asked for more information from Dubai World about interest on the planned delayed payments and will hold a meeting later this month as they await a response, the report said. It added that Dubai World is seeking to restructure around $26 billion of debt.



Al-Quds Index in the red zone amid a liquidity scarcity

The PEX records average PE of 12.26x and average P/BV of 1.20x in H1 2019

PALAQAR reports net income of JD0.008 million in H1 2019

AIG posts net income of $0.64 million in H1 2019



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