23 Dec 2011
(MENAFN) Gulf Bridge International’s (GBI) senior vice president, Mohamed Elagazy, said that the construction of the USD455 million undersea cable was finished and would be operational in a matter of weeks, reported The National.
Elagazy added that the cable, which starts from India and ends in Italy, passing the Gulf and Egypt, has a capacity of 5.18 terabits, which would be enough to transfer all traffic in the Gulf to the rest of the world and vice versa.
He also said that the Middle East has to some extent a poor internet provision, with the average speed reaching only 1.63 megabits per second (Mbps), less than the global average of 2.1Mbps, adding that the average speed in Lebanon is only 0.3Mbps, whereas the UAE has the region’s fastest broadband connectivity, with an average of 3.92Mbps.
It is worth noting that the new cable comes ashore in Fujairah and could be used by UAE’s du, and regional operators, such as the Saudi Telecom Company (STC) and Vodafone Qatar.
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more