The Central Bank of the UAE (CBUAE) has partnered with Core42, a full-spectrum AI enablement solutions provider and G42 company, to build a sovereign financial cloud services infrastructure (SFCSI) – a platform described as the world’s first of its kind.
The SFCSI forms part of the CBUAE’s Financial Infrastructure Transformation programme, which aims to position the UAE as a hub for financial services built on the latest financial technology.
The infrastructure is underpinned by a centralised, isolated and dedicated ecosystem that ensures data sovereignty, provides protection against cyber threats and enables the availability of services across the UAE’s financial sector.
CBUAE partners with Core42 to build sovereign financial cloud services infrastructure
Powered by AI and analytics, the SFCSI is designed to enhance efficiency across the financial sector. Through automation and data analysis in real time, financial institutions will be able to gain insights and make decisions that improve the experience of their customers.
The platform will also provide an environment for the management of multi-cloud services within a framework, enabling licensed financial institutions (LFIs) to administer their services within a single system.
The agreement was signed by Saif Humaid Al Dhaheri, Assistant Governor for Banking Operations and Support Services at the CBUAE, and Talal M. Al Kaissi, Chief Executive Officer (Interim) of Core42. The ceremony was witnessed by Khaled Mohamed Balama, Governor of the CBUAE, and attended by assistant governors and officials from both institutions.
Al Dhaheri described the SFCSI as “a strategic step in strengthening the UAE’s financial resilience and technological leadership,” adding that it provides “a secure, scalable and future-ready foundation that enhances data protection and accelerates innovation, enabling the CBUAE together with licensed financial institutions to deliver next-generation digital services with confidence.”
He added that the platform “empowers the CBUAE to leverage intelligent automation and data-driven insights, reinforcing the UAE’s global competitiveness and supporting sustainable economic growth.”
“Finance runs on digital infrastructure; hence, it must be sovereign. The sovereign financial cloud services infrastructure embeds governance and real-time oversight directly into the financial backbone of the country,” Al Kaissi said.
He added that the SFCSI was “developed in close partnership with the CBUAE” and “reflects a shared commitment to building infrastructure that is engineered for regulatory clarity and national resilience,” allowing “regulated institutions to scale advanced sovereign cloud and AI capabilities without compromising national control.”
