The Central Bank of the UAE (CBUAE) has joined forces with Core42, a G42 company focused on AI enablement solutions, to establish what is being hailed as the world’s first dedicated sovereign financial cloud ecosystem.
The Sovereign Financial Cloud Services Infrastructure represents a key component of the CBUAE’s Financial Infrastructure Transformation programme, designed to bolster the UAE’s status as a global hub for secure and innovative financial services.
Leveraging advanced financial technologies, the infrastructure provides a centralized, highly secure, and isolated environment that ensures data sovereignty while enhancing resilience against cyber threats.
The platform guarantees continuous availability of critical financial services across the UAE, offering licensed financial institutions a scalable, future-ready digital backbone.
Powered by artificial intelligence and advanced analytics, the ecosystem aims to improve operational efficiency through intelligent automation and real-time data insights.
Financial institutions will gain deeper understanding, optimise decision-making, and deliver smoother, more seamless customer experiences.
The infrastructure also facilitates unified multi-cloud management, allowing licensed financial institutions to oversee services within a consolidated framework, streamline operations, and uphold stringent governance standards.
The partnership agreement was formalised in the presence of CBUAE Governor Khaled Mohamed Balama, with Saif Humaid Al Dhaheri, Assistant Governor for Banking Operations and Support Services, and Talal M. Al Kaissi, Interim CEO of Core42, signing on behalf of their organisations.
Al Dhaheri described the initiative as a strategic move to enhance financial resilience and technological leadership.
He highlighted that integrating AI and data-driven insights into the national financial backbone would accelerate innovation while reinforcing regulatory clarity and national control.
