Dubai, 3June 2026- As artificial intelligence tightens its grip on global markets, the UAE is emerging not merely as a spectator to the technology boom, but as one of its most ambitious architects.
Trained from scratch and designed for practical deployment, Mellum2 is built for routing, Q&A, sub-agents, and private AI use in software engineering systems.
Dubai, United Arab Emirates, June 03, 2026: JetBrains today announced that it is open-sourcing Mellum2, a 12B model engineered to solve the hardest parts of production AI: latency, throughput, and cost.
Built from scratch and released under the Apache 2.0 license, Mellum2 offers a high-performance, cost-efficient alternative for infrastructure. Mellum began with code completion and has evolved to handle both natural language and code. It is now a versatile tool ready to power routing, summarization, and intermediate reasoning steps across modern AI workflows.
Showcasing end-to-end AI factory capabilities, rack-scale AI infrastructure, enterprise AI applications and next-generation AI computing
June 3rd2026 – Dubai, UAE: ASUS is presenting its most comprehensive portfolio of AI infrastructure solutions to date at COMPUTEX 2026, highlighting how artificial intelligence is becoming a more integrated and seamless aspect of everyday digital experiences, using next-generation AI factory architectures developed in collaboration with NVIDIA, Intel, and AMD.
ASUS’s “AI Together” vision envisions a fully integrated AI ecosystem that includes AI factories, enterprise infrastructure, high-performance storage, AI PCs, creator platforms, healthcare solutions, and gaming technologies.
Emirates NBD integrates Bloomberg sustainability data and analytics to help UAE companies assess financially material risks and opportunities
The adoption of Bloomberg’s financial materiality framework and sustainability data strengthens Emirates NBD’s advisory capabilities for corporate clients
Dubai, United Arab Emirates, 03 June 2026:Bloomberg and Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region,announcedthat the corporate advisory practice of Emirates NBD has chosen to implement Bloomberg’s globally recognisedsustainability data and analytics. Byselecting Bloomberg’s sustainable finance materiality framework, Emirates NBD is strengthening its ability to provide strategic advice tocompanies onfinancially material risks and opportunities.Powered by Bloomberg’s global sustainability data, the frameworkhelpsend users assess financially material industry-specific environmental and social factors,as well as governance considerationsthat incorporate country-level policies and practices, using a globally applied analytical methodology.
M42 and ArceraPartner to Advance Biopharma Localization and Next Generation Life Sciences in Abu Dhabi
Abu Dhabi, UAE – June03, 2026: M42, a global health leader powered by technology, artificial intelligence, and genomics, andArcera Life Sciences (“Arcera”), a global life sciences company focused on advancing innovative and sustainable healthcare solutions, havesigned a Memorandum of Understanding (MoU) to formalize a strategic, non-exclusive collaboration focused on advancing biopharma localization, clinical developmentand next-generation healthcare innovation in Abu Dhabi.
Aligned with the Department of Health – Abu Dhabi’s (DoH)efforts to reinforce the Emirate’s position as a global hub for life sciences innovation, the collaboration will contribute tothe development of an integrated life sciences ecosystem spanning clinical development and innovative therapeutics, addressing genetic and rare diseases with scalable treatments.