Natural Gas tests $3.317 resistance with RSI overbought: Live levels
Crude Oil holds $88.90 above key Fib support: Live levels
Trump expected to award science medal to SpaceX’s Elon Musk, Fox News reports
Nasdaq 100 pulls back from ATH at 31,614.5: Live levels
Euro drops toward 17-month lows, dollar holds gains after Fed minutes
Israel Has 'No Desire to Stay in Gaza,' Says UN Ambassador Danny Danon
U.S. Central Command Prepares Operational Plans for Potential Military Action Against Iran
Revolut Pays for New Customer IDs After September Data Breach
Former star US bond manager Leech fined by SEC, following guilty plea in ’cherry-picking’ case
Trump says Federal Reserve Board would like to see the country do badly
US FCC to vote to ban Chinese labs from testing US electronics
PE Isn’t Slowing its Poaching of Bankers: Friedland
SEC warns asset managers against collaborating on activist campaigns
Diesel price jumps after IEA says no additional fuel will be released
Microsoft brings more AI to PCs as it challenges Apple
AbbVie options flow shows 4:1 call-to-put ratio as stock rises
Consumer credit growth falls short of expectations, signaling caution
Dar Global starts sales of Trump-branded villas in Qatar
Qatar pins bid for 2036 Olympics on its World Cup pedigree
Iraq devalues dinar to help meet spending commitments
Robert Rubin Warns AI Boom Carries Risks for US Economy, Markets
Copper Edges Higher as Chile Mine Strike Adds to Supply Risks
CDC Collaborates with Federal Agencies to Monitor Siberian Entries into the U.S.
Small California Oil Firm Becomes Early Mover in Venezuela
Decline of Small Mortgages in the U.S. Continues
Gold down as Fed minutes showed policymakers see another rate hike by year end
Sunrun options activity dominated by a single two-leg structure
Boots Sold for $8.9B As Canada’s Westons Re-Enter UK
Used Car Prices Poised to Dip Amid High Gas Prices
LIV Golf Gets Potential Lifeline From BC Partners Credit
Announced Activity In Market Is Slower: Friedland
Microsoft Launches $2,599 Surface Laptop Ultra Featuring Nvidia AI Chip
Trump Comments on Lab Worker Death in Russia
Google and Unity Team to Let Users Build Their Own Games
Drone Companies Will Eventually Consolidate: Kahyaoglu
Hertz Lenders Team Up With Advisers as Possible Debt Fight Looms
Why is QXO stock sliding today?
Why is Black Hills stock surging today?
S&P 500, Nasdaq ease from record highs as Treasury yields climb
Fed minutes show most policymakers see another rate hike by year end
SpaceX Credit-Risk Gauge Hits Fresh High on Fundraising Reports
Kirkland & Ellis to stop disclosing financial performance
US government bonds steady after strong 10-year Treasury auction
CDC Director Confident in Low Threat Level Following Plague-Related Death in Siberia
Fed Minutes Show Officials Saw More Work to Do to Quell Inflation
Kalshi Submits Bid for Perpetual-Style Oil Contract to CFTC
Stocks Fall From All-Time Highs on Inflation Worry: Markets Wrap
FOMC Minutes Indicate Likely Rate Hike by Year-End
Why mocking romance-fraud victims only keeps more people in silence
Tropical Storm Isaias forecast to hit US Gulf coast as hurricane early Saturday
Explainer-The status of Iran’s uranium enrichment programme
Why is Spotify stock rallying today?
Lucid Group bull and bear case: upside potential against deep execution risk
Crude oil inventories plunge, signaling strong demand
EU seeks to cut trade deficit with China in talks with Beijing
Trump administration plans to charge international students $70,000 for work authorization
Fed policymakers divided over rate-hike logic in September, minutes show
Novogratz Joins Chorus Citing an AI Bubble, and Says to Pile In
Dukhan Bank reports 9-month net profit of QR1.19bn
Iraq devalues dinar to 1,520 per US dollar
Indian central bank hikes rates for first time since 2023
Qatar Chamber, Iraq Chamber Federation sign MoU to establish Joint Business Council
Minutes of the Federal Open Market Committee, September 15-16, 2026
Fed to overhaul supervision along regional lines
UK FCA to investigate itself after whistleblower died by suicide
Singapore issues guidelines for ‘responsible use’ of AI
Paraguay’s central bank unveils new series of banknotes
Dollar Rally Pushes Gold Below $4,150 Amid Central Bank Demand
HubSpot (HUBS) Eliminates 7% of Workforce in Restructuring Tied to Strategic Overhaul
OFN signs dark fibre agreement with iQ Networks to advance Iraq transit corridor FIG landing partnership with ITPC
OFN, Ooredoo Group's international connectivity arm, and iQ Networks, a leading Iraqi fibre-optic infrastructure provider, have signed an agreement to purchase multiple dark fibre pairs for transit connectivity across Iraq.
Together with OFN's separate FIG landing arrangement with the Iraqi Telecommunications and Post Company (ITPC), the agreement supports the development of an integrated subsea and terrestrial connectivity corridor through Iraq towards Turkiye and Europe.
The agreement will support the terrestrial component of a planned integrated connectivity route linking Asia, the Gulf, Iraq and Europe. The Fibre in Gulf (FIG) subsea cable system will bring high-capacity connectivity into Iraq, while the OFN-iQ Networks agreement will enable the route to extend overland across the country towards Turkiye and Europe.
The combined infrastructure is intended to provide an additional geographical route for international data traffic, strengthen route diversity and enable customers to scale their transmission capacity according to their requirements. It will serve the growing international connectivity needs of AI providers, hyperscalers, cloud providers, content companies, data centres and telecom operators.
Khalid Hassan Al Hammadi, Chief Executive Officer of OFN, said: 'This agreement marks the next phase of a disciplined, multi-stage infrastructure programme and further strengthens OFN's international connectivity portfolio. By bringing together FIG's subsea capacity and iQ Networks' terrestrial infrastructure, we are advancing a more integrated and resilient connectivity proposition for international customers.'
Leveraging Iraq's geographical position and terrestrial fibre infrastructure, the initiative will also support the country's ambition to become a strategic regional hub for international data transit and capture greater value from the traffic crossing its territory.
FIG is being developed as the largest subsea cable system ever built in the GCC. With up to 720 Tbps of capacity across 24 fibre pairs, it will connect Qatar, Oman, the UAE, Bahrain, Saudi Arabia, Kuwait and Iraq through a single high-capacity Gulf loop.
The FIG landing arrangement signed with the Iraqi Telecommunications and Post Company (ITPC) supports the planned landing of the subsea system in Iraq. This arrangement is separate from, but complementary to, the OFN-iQ Networks agreement announced today.
Together, the two arrangements will connect FIG's subsea infrastructure with dark fibre transit across Iraq, supporting an integrated international connectivity route towards Turkiye and Europe.
Source: Gulf Times