Quantinuum and Al Rabban Capital, a division of one of Qatar’s largest holding companies, announced on May 14, 2025, the formation of a Qatari-incorporated joint venture to accelerate quantum computing adoption in Qatar and the Gulf region. According to a Quantinuum press release, the partnership lays the groundwork for up to USD 1 billion in investment from Qatar over the next decade in quantum technologies, co-development of applications, and workforce development.
A White House fact sheet issued the same day listed the joint venture as part of a broader USD 243.5 billion package of commercial agreements between the United States and Qatar, announced during President Trump’s state visit to Doha. The fact sheet stated the quantum investment would support U.S. jobs and strengthen American leadership in emerging technologies.
Abdulaziz Khalid Al Rabban, Chairman of Al Rabban Capital, called the agreement “a defining moment” in Qatar’s ambitions to become a regional hub for advanced technologies. Quantinuum CEO Dr. Rajeeb Hazra said the partnership would accelerate the commercial adoption of quantum computing in the region. The joint venture builds on Quantinuum’s existing partnership with Hamad Bin Khalifa University’s Qatar Center for Quantum Computing, announced in November 2024.