News

Researchers In Abu Dhabi To Receive The Middle East’s First Quantum Computer

A quantum computer doesn’t rely on traditional bits. Instead, it encodes information using qubits, which can have the value of “0” and “1” at the same time.

Published

3 years ago

August 26, 2021

Joanna Melki

researchers in abu dhabi to receive the middle east's first quantum computer

IBM

If there’s one emerging technology capable of single-handedly ushering in a new era of information technology, it’s quantum computing. Soon, researchers working at the Technology Innovation Institute (TII) in Abu Dhabi will get their hands on the Middle East’s first quantum computer, allowing them to solve incredibly complex problems by harnessing the phenomena of quantum mechanics.

“This will put the UAE on the map to be a known entity for research on such a topic. And that’s a big achievement for the entire Arab world,” said Boulos Alfakes, a senior researcher at the TII. “There will be a dramatic difference between the countries that own the technology and the ones that depend on the technology, believes Professor Jose Ignacio Latorre, chief of research at the TII’s Quantum Research Center.

One of the biggest challenges associated with quantum computing is cooling. The small quantum microchip at the heart of the computer is designed to operate at very low temperatures (near absolute zero). If the microchip gets too hot, it becomes unstable, rendering the whole computer useless.

To address this issue, researchers ordered two dilution refrigerators from Finland. The refrigerators are complex and expensive, but less sophisticated cooling methods are not up to the task.

Also Read: Saudi Researchers Use Quantum Computing To Design More Efficient Airplanes

Just like all quantum computers, the one that will soon be in the hands of researchers at the TII doesn’t rely on traditional bits (combinations of zeros and ones). Instead, it encodes information using qubits (or quantum bits), which can have the value of “0” and “1” at the same time.

Thanks to this and other unusual properties, quantum computers can solve certain difficult problems much faster than traditional computers. For example, some cybersecurity experts fear that quantum computing could break traditional cryptography in the near future, potentially forcing millions of organizations around the world to implement quantum-resistant cryptographic algorithms.

Related Topics:Abu Dhabi Quantum Computing United Arab Emirates

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Yabi Introduces AI Financial Coach For Smarter Money Moves

The app provides real-time, personalized financial guidance, helping UAE residents manage money smarter, reduce debt, and build wealth effortlessly.

Published

7 hours ago

February 22, 2025

Nour Nasir

Yabi

Imagine having 24/7 access to an expert financial advisor — someone who understands your spending habits, helps you save more effectively, and offers guidance for every financial decision. That’s the vision behind Yabi’s revamped platform, an AI-driven finance app designed to transform personal finance management in the UAE.

Unlike traditional budgeting tools, Yabi acts as an always-available AI advisor, analyzing your unique spending patterns and offering real-time, tailored financial advice. Whether you’re making everyday purchases, planning a big trip, or saving for a major milestone, Yabi keeps you on track and helps you make informed financial choices.

Rakhil Fernando, CEO of Yabi, explains the mission behind the platform: “Financial literacy is not optional — it’s essential. But most financial tools today feel outdated and overly complex. Yabi is here to change that by offering AI-powered financial coaching that’s smart, simple, and accessible to everyone in the UAE”.

Here are some of the updated app’s new features:

AI-Powered Financial Coach: A 24/7 digital advisor providing real-time financial guidance based on your spending habits and available in multiple languages.
Live Insights: Connect your bank accounts for a detailed breakdown of your expenses.
Tailored Budgeting: Yabi creates a budget that fits with your actual spending habits rather than generic financial advice.
Interactive Financial Education: Learn the essentials of saving, investing, and credit management through engaging content integrated into the AI experience.
Automated Expense Tracking: Receive instant alerts on overspending, identify hidden charges, and cut unnecessary subscriptions with ease.
Credit Score & Financial Health Monitoring: Get free credit score checks and AI-driven recommendations to enhance your financial standing.

Also Read: A Guide To Digital Payment Methods In The Middle East

Finally, Yabi is also gearing up to introduce its own debit card and a suite of financial products, making it easier to save, spend, and invest within a single platform.

Want to try Yabi for yourself? You can download the app on the Apple App Store and Google Play Store.