Latest news with #Askar
New York Post
16 hours ago
- Business
- New York Post
IBM, Google claim quantum computers are almost here after major breakthroughs: ‘It doesn't feel like a dream anymore'
The decades-long quest to create a practical quantum computer is accelerating as major tech companies say they are closing in on designs that could scale from small lab experiments to full working systems within just a few years. IBM laid out a detailed plan for a large-scale machine in June, filling in gaps from earlier concepts and declaring it was on track to build one by the end of the decade. 'It doesn't feel like a dream anymore,' Jay Gambetta, head of IBM's quantum initiative, told Financial Times. Advertisement 4 IBM's Quantum System Two, part of its push to build a million-qubit machine by the end of the decade. AFP via Getty Images 'I really do feel like we've cracked the code and we'll be able to build this machine by the end of the decade.' Google, which cleared one of the toughest technical obstacles late last year, says it is also confident it can produce an industrial-scale system within that time frame, while Amazon Web Services cautions that it could still take 15 to 30 years before such machines are truly useful. Advertisement Quantum computing is a new kind of computing that doesn't just think in 0s and 1s like today's computers. Instead, it uses qubits — tiny quantum bits — that can be 0, 1, or both at the same time. This lets quantum computers explore many possibilities at once and find answers to certain complex problems much faster than normal computers. 4 IBM headquarters in Armonk, NY, where the company leads development of its quantum computing research. Askar – Advertisement Quantum computing could speed up the discovery of new drugs and treatments, make artificial intelligence systems faster and more capable and improve the accuracy of market predictions and fraud detection in finance. It could also dramatically improve efficiency in areas like traffic routing, shipping, energy grids and supply chains while driving green innovation by helping design better batteries, cleaner energy systems and more sustainable technologies. But scaling them up from fewer than 200 qubits — the quantum version of a computing bit — to over 1 million will require overcoming formidable engineering challenges. 4 Google's Mountain View campus, home to its Quantum AI division pursuing a surface-code design to reach industrial-scale systems. Sundry Photography – Advertisement Qubits are inherently unstable, maintaining their special quantum states for only fractions of a second, and adding more of them can create interference that scrambles calculations. Even if the fundamental physics problems are solved, the industry still faces the task of industrializing quantum technology. This means building chips that can house large numbers of qubits, and developing much bigger refrigeration units to keep the systems at near absolute zero. 4 Quantum computing could speed up the discovery of new drugs and treatments, make artificial intelligence systems faster and more capable and improve the accuracy of market predictions. AFP via Getty Images Systems using superconducting qubits, like those from IBM and Google, have made some of the fastest progress but require extreme cooling and are difficult to control. Meanwhile, some companies are betting on radically new qubit designs. Amazon and Microsoft claim to have harnessed a new state of matter to produce more reliable components, although these are still in early development. 'Just because it's hard, doesn't mean it can't be done,' Mark Horvath, an analyst at Gartner, told FT.
Time of India
11-07-2025
- Time of India
Woman booked for getting suspicious items to jail
Mangaluru: Mangaluru District Jail authorities filed a case against a woman who brought some suspicious objects concealed inside food packets while visiting the jail. In a complaint, Sharanabasappa, superintendent of the jail, said the visitor, Ramsoona S, arrived at the jail to meet an undertrial prisoner, Mohammad Askar, at 12.45pm on Thursday. She was carrying five packets of snacks to be given to Askar. The Karnataka State Industrial Security Force (KSISF) staff at the jail, while checking the snack packets thoroughly, found suspicious objects covered in aluminium foil inside them. The suspicious objects, in the form of powder, resembled MDMA. Ramsoona told officers that Askar asked her to collect the packets from one Hussain from Hosangadi. Accordingly, she collected the packets and brought them to the jail.
Daily Tribune
03-07-2025
- Business
- Daily Tribune
Mentorship Programme Reaches 150 Milestone
TDT | Manama CFA Society Bahrain has marked a key milestone in Bahrain's financial workforce development, completing its 150th mentor-mentee pairing under the Qodwa mentorship programme. The seventh cycle of the initiative concluded this week, with 18 participants graduating in a ceremony supported by longtime partner Ahli United Bank. Qodwa, launched in 2018, is the flagship mentorship platform of CFA Society Bahrain. It connects experienced investment professionals with aspiring talents eager to grow in areas such as portfolio management, advisory, and financial analysis. Over seven cycles, the programme has engaged 80 mentors and delivered more than 120 hours of structured training. Structured growth for future leaders Speaking at the close of the cycle, Zeeba Askar, President of CFA Society Bahrain, described the programme as a journey of meaningful impact and excellence. She said the Society is committed to evolving Qodwa further to meet emerging market needs and support the Kingdom's broader financial development. 'We take great pride in witnessing the graduation of this seventh cohort,' Askar said. 'This milestone reflects our ongoing effort to build a skilled, confident, and competitive local finance community.' She also credited Ahli United Bank for its continued role in supporting the programme's success. Ahli United Bank reaffirmed its strategic commitment to Qodwa, describing it as a key element of its long-term social responsibility and human capital strategy. The bank said its focus on mentorship reflects its belief in preparing the next generation of national leaders in the financial sector. 'Our partnership with CFA Society Bahrain supports our shared goal of empowering Bahraini youth and building a capable, future-ready workforce,' the bank stated. The Qodwa programme is tailored to develop practical, leadership-focused skills. It includes mentor training to ensure that coaches are equipped with essential guidance techniques and that mentees benefit from both technical and soft-skill development. Each cycle is designed not just to build knowledge but to foster a dynamic exchange between seasoned professionals and emerging talent. Participants are guided through academic, behavioural, and career-oriented challenges with the goal of accelerating professional growth.
Bahrain This Week
24-06-2025
- Business
- Bahrain This Week
Infracorp Unveils Bahrain's First Sustainable Sukuk at UN Workshop
Infracorp, a leading specialised company in investing in the infrastructure and sustainable development sector, has announced its participation in a United Nations workshop recently held in Bahrain to highlight the Kingdom's contribution to global efforts in financing sustainable development. The company presented its pioneering experience in issuing Bahrain's first sustainable sukuk. Infracorp took part in a panel discussion entitled 'Innovative Financing Instruments: SDG-Linked Bonds and Sukuk'. Ms. Zeeba Askar, Chief Sustainability and Investment Officer at Infracorp, delivered a presentation titled 'Bahrain's First Sustainable Sukuk'. She outlined the company's transition from green sukuk to a broader sustainable sukuk framework in line with international trends for financing projects with environmental and social impact. Ms. Askar confirmed that Infracorp's sustainable sukuk framework is fully aligned with the ICMA's Green, Social and Sustainability Bond Principles, supports Bahrain's Economic Vision 2030 and is consistent with the United Nations SDGs. She added that the framework's governance is underpinned by an independent, accredited external opinion to ensure transparency and credibility. The company has mapped key performance indicators, adopted a rigorous project-selection mechanism based on expected outcomes, and issues regular reports to measure each project's environmental and social impact. Commenting on the occasion, Ms Askar said: 'Our objective went beyond issuing a conventional finance instrument; it was about setting a standard for what a Sustainable Sukuk should represent. We carefully built a framework aligned with Bahrain's Economic Vision 2030 and the UN Sustainable Development Goals, with measurable KPIs mapped across every eligible project. The result is a Sukuk rooted in transparency, governed by rigor, and driven by real-world impact.' The workshop highlighted Bahrain's leading efforts in development finance, including Islamic finance, SDG-linked bonds and the fintech sector, ahead of the fourth International Conference on Financing for Development (FfD4), scheduled to take place in Seville, Spain, from June 30 to July 3, 2025. It brought together UN officials, public-sector representatives and private-sector partners to discuss the Kingdom's participation in the conference. FfD4 will serve as a pivotal platform to assess progress on global commitments to finance sustainable development and to address challenges that have emerged since the adoption of the Addis Ababa Action Agenda in 2015. The conference will gather high-level representatives from governments, international and regional organisations, financial and commercial institutions, the private sector, civil society and the United Nations system.
Zawya
13-06-2025
- Business
- Zawya
Tamkeen supports 50 Bahraini employees at Havelock One
Tamkeen has announced its support for the employment and career development of 50 Bahraini employees at Havelock One Interiors. The initiative aligns with Tamkeen's 2025 strategic priorities, focusing on enhancing the competitiveness of Bahrainis in the private sector, equipping them with suitable skills, and prioritising enterprise growth, digitisation, and sustainability. Tamkeen's chief growth officer Khalid Al Bayat highlighted the long-standing partnership: 'Our support for Havelock One, which began in 2018, has contributed to the company's expansion and increased the efficiency of its operations, positively impacting its Bahraini workforce through new employment and career progression prospects.' He added that Tamkeen continues its mission to support local enterprises that empower Bahraini talent, fostering job opportunities and career progression to drive private sector sustainability and growth. Havelock One group operations director Firas Al Ayed commended Tamkeen's continuous support, stating it has been 'key in expanding our operations and entering new markets.' He noted this expansion led to growth at their factory and boosted their ability to hire local talent and develop clear career paths, with many Bahraini employees now holding leadership roles. Established in 1998, Havelock One is a major GCC manufacturer with headquarters and manufacturing facilities in Askar, Bahrain. The company operates in five countries with over 1,900 employees, having delivered more than 9,000 interior fit-out projects across various sectors. Tamkeen's programmes aim to make Bahrainis the preferred choice for employment and position the private sector as the kingdom's economic growth engine. Copyright 2022 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
