UAE’s telecom provider du to bring Amazon Prime benefits to its customers

Dubai: UAE’s telecom provider ‘du’ from Emirates Integrated Telecommunications Company (EITC) has announced an offer for new home and mobile customers that includes one year of Amazon Prime membership at no additional cost, for Dh140. The launch of this promotion comes as an extension of du and Amazon’s collaboration that started in 2019 with the […]

Lebanon freezes $1.2 billion bond payment, seeks restructuring of $90b debt

Beirut: Lebanon will suspend a $1.2 billion Eurobond payment due on Monday and seek talks with creditors to restructure its entire $90 billion debt pile, the first step in a broader plan to stabilize an economy in crisis. “Our foreign currency reserves have reached a critical and dangerous level, forcing the Lebanese Republic to suspend […]