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ARTICLE · 15 DECEMBER 2023

Quantum Technology: Helping Entrepreneurial Decision Making

The rapid advancement of quantum computing has garnered global attention, with the United Arab Emirates (U.A.E) emerging as a leader in recognizing its immense potential.

United Arab EmiratesFinance and Banking
Khalid Maniar
Khalid Maniar

The rapid advancement of quantum computing has garnered global attention, with the United Arab Emirates (U.A.E) emerging as a leader in recognizing its immense potential. Through substantial investments in research and development, the UAE has positioned itself as a hub for cutting-edge quantum computing facilities. In 2019, the country launched its National quantum program, aimed at developing practical applications of quantum technologies. To further solidify its position, the UAE announced ambitious plans in 2020 to construct one of the most powerful quantum computers in the world. Such are the vision of the leadership.

Quantum technology can revolutionize healthcare, finance and logistics. Leading computing companies offer quantum cloud services enabling convenient access for businesses. This paves the way for the quantum era, with projected industry value of $1.3 Trillion by 2035. Quantum technology's commercial potential drew Billions in investments, with $2.35

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