The Central Bank of the UAE (CBUAE) has collaborated with Core42, a G42 company and full-spectrum AI enablement solutions provider, to build a sovereign financial cloud services infrastructure, the world’s first dedicated financial cloud ecosystem.
Built on the latest financial technology and aligned with global best practices, the sovereign financial cloud service infrastructure (SFCSI) is a cornerstone initiative under CBUAE’s Financial Infrastructure Transformation program, which aims to position the UAE as a globally leading hub for secure, resilient and highly innovative financial services.
The SFCSI is supported by a centralized, highly secure, dedicated and fully isolated infrastructure that ensures complete data sovereignty within the UAE, enhances operational agility for licensed financial institutions, and provides robust, multi-layered protection against evolving cyber threats.
At the same time, the sovereign financial cloud service infrastructure (SFCSI) guarantees the continuous availability and reliability of mission-critical financial services across the entire UAE financial ecosystem.
Powered by advanced artificial intelligence (AI), machine learning capabilities and sophisticated analytics tools, the sovereign financial cloud will significantly enhance operational efficiency and digital maturity across the financial sector. Through intelligent automation, predictive modelling and real-time data analysis, financial institutions will gain deeper, actionable insights and make faster, more informed strategic decisions, ultimately improving customer experience and service delivery.
In addition, the sovereign financial cloud will offer a comprehensive and scalable environment for the management of multi-cloud services within a unified, well-governed framework, enabling LFIs to administer, monitor and optimize all their services seamlessly, securely and with maximum efficiency.
The signing ceremony was witnessed by HE Khaled Mohamed Balama, Governor of the CBUAE, during which the agreement was signed by HE Saif Humaid Al Dhaheri, Assistant Governor for Banking Operations and Support Services at the CBUAE, and Talal M. Al Kaissi, CEO (Interim) of Core42. The ceremony was also attended by Their Excellencies the Assistant Governors, along with senior officials from both institutions.
HE Saif Humaid Al Dhaheri Assistant Governor Banking Operations and Support Services – CBUAE
“The national sovereign financial cloud services infrastructure marks a strategic step in strengthening the UAE’s financial resilience and technological leadership. 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. With integrated AI and advanced analytics, the platform empowers the CBUAE to leverage intelligent automation and data‑driven insights, reinforcing the UAE’s global competitiveness and supporting sustainable economic growth.”
Talal M. Al Kaissi, Chief Executive Officer (Interim) of Core42, commented that, “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. Developed in close partnership with the CBUAE, it reflects a shared commitment to building infrastructure that is engineered for regulatory clarity and national resilience. It allows regulated institutions to scale advanced sovereign cloud and AI capabilities without compromising national control.”
