Paris, June 18th, 2026 – Signed this Thursday during Vision Golfe – the Franco-Gulf economic forum organized by Business France under the high patronage of the French President, at the Ministry for the Economy, Finance and Industrial and Digital Sovereignty – this partnership marks Mekdam’s entry into quantum computing and strengthens Quandela’s presence in Qatar and strategic Middle Eastern markets.
Quandela, a European leader in photonic quantum computing, and Mekdam Holding Group (QSE: MKDM), a Qatari technology group listed on the Qatar Stock Exchange, signed a Memorandum of Understanding (MoU) this Thursday at the French Ministry for the Economy, Finance and Industrial and Digital Sovereignty, as part of Vision Golfe. The agreement aims to explore and deploy quantum computing solutions for Gulf markets, positioning both partners among the first organizations to introduce this technology to the region.
This partnership is fully aligned with Qatar National Vision 2030 and the major national strategies for digital sovereignty and artificial intelligence being implemented across Gulf countries.

Complementary Expertise for a Strategic Market
Mekdam Holding Group, the first publicly listed technology group in Qatar, has demonstrated sustained growth, with revenues reaching QAR 681.1 million (approximately €161 million), an increase of more than 20% in 2025, and an order backlog of QAR 3.1 billion (€734 million). Active in artificial intelligence, cloud computing, cybersecurity, IoT, data infrastructure and smart systems, the Group has identified quantum computing as a strategic pillar of its development in emerging technologies.
Quandela brings world-class expertise in photonic quantum computing, fault-tolerant quantum computing (FTQC), and quantum machine learning (QML).
Together, the two partners intend to identify and develop high-value use cases for the region’s priority sectors: energy, government, critical infrastructure, healthcare, and education.
Toward a Regional Quantum Ecosystem
Beyond immediate applications, the partnership aims to build a sustainable ecosystem through cloud access to Quandela’s photonic quantum computers, local skills development, training and certification programs, and the creation of a Quandela–Mekdam Quantum Center of Excellence serving countries of the Gulf Cooperation Council (GCC).
This ambition aligns with various government-led initiatives across the region, including Qatar National Vision 2030, Saudi Vision 2030, and the UAE National Quantum Strategy.
“Based in Doha and a leading technology player in the Middle East, Mekdam enables us to accelerate our development in a dynamic, innovative, and strategically important region for the future of quantum computing. It is a strong asset in supporting Quandela’s global ambitions,” says Xavier Pereira, Chief Growth Officer at Quandela.
“This partnership marks Mekdam’s entry into quantum computing and reflects our ambition to become a leading player in the field across the region. Together with Quandela, we aim to deliver high-value use cases for the Gulf’s strategic sectors and build a strong local skills ecosystem, fully aligned with Qatar National Vision 2030,” says Bara’ Sami, General Group Manager of Mekdam Holding Group.
About Quandela
Quandela is a global leader in quantum computing, designing, building, and delivering cutting-edge quantum solutions for research and industry. Its offerings include the most energy-efficient quantum computers for data centers, full-stack quantum computing solutions accessible via the cloud, and algorithm access services for academic and industrial customers. Following a pragmatic, step-by-step roadmap, Quandela has been deploying industrial-grade systems since 2023 while developing future generations of fault-tolerant quantum computers capable of scaling through the integration of thousands of photonic components. Quandela is committed to making quantum computing accessible to all in order to address the most complex industrial and societal challenges.
Learn more at www.quandela.com
About Mekdam Holding Group (Q.P.S.C.)
Mekdam Holding Group Q.P.S.C. (QSE: MKDM) is a publicly listed Qatari technology and services group headquartered in Doha, and a pioneer among Qatari technology companies listed on the Qatar Stock Exchange. Founded in 2018, Mekdam has grown into one of Qatar’s leading technology groups, delivering 21.9% year-on-year revenue growth in FY2025, with contracts under execution valued at QAR 3.1 billion.
Through its specialized subsidiaries — Mekdam Technology, Mekdam Software Services, Mekdam Technology Solutions, Mekdam Technical Services, and Mekdam CAMS — the Group delivers across artificial intelligence (AI), cloud, cybersecurity, IoT, ICT, data-center, smart infrastructure, and security systems. Mekdam serves clients across government, energy, ICT and critical infrastructure, healthcare, and education, supporting large-scale digital transformation. The Group is now extending its capability beyond Qatar, scaling its technology and emerging-technology businesses across the wider Gulf.
Aligned with Qatar National Vision 2030, Mekdam has identified quantum computing as a strategic capability pillar — already part of its emerging-technology portfolio. This partnership with Quandela advances that commitment from foundational capability to active execution, positioning Mekdam among the region’s first movers in bringing quantum technology to market.
Headquarters: Doha, Qatar
Founded: 2018
Stock Exchange: Qatar Stock Exchange (QSE: MKDM)
Core Activities: Artificial Intelligence (AI), Cloud, Cybersecurity, IoT, ICT, Data-Center, Smart Infrastructure, and Security Systems.
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