I noticed that the internet has been slow for quite a while now (even restarting the router and main server doesn't fix the problem like it usually does). Apparently, two undersea cables in the Mediterranean suffered severe damage and are the prime cause of this dilemma. This will take several days to fix and will affect internet connection speeds and cause disconnections to some due to the high traffic experienced in the remaining cables.
According to Times Online...
Internet Service Providers (ISPs) throughout the region, including those in United Arab Emirates, Kuwait and Saudi Arabia, also reported problems. International telephone calls, which have also been affected, are being rerouted to work around the problem. (Times Online)UPDATE: It turns out that 3 out of the 4 cables are cut. (Engadget)
UPDATE 2: Slowly but surely, speeds are getting back to normal.
UPDATE 3: Repairs begin on undersea cable.
According to BBC...
They (the cables) were cut within 5 minutes of each other, possibly by a trawler net... It is unclear how long repairs will take, as a ship could have dragged the cables several kilometres from their normal positions. (BBC)