UAE Launches World’s First Sovereign Financial Cloud

The Central Bank of the UAE (CBUAE) has partnered with Core42, a company under G42, to develop the world’s first Sovereign Financial Cloud Services Infrastructure (SFCSI).

This project is part of CBUAE’s Financial Infrastructure Transformation programme, which aims to strengthen the UAE’s position as a global hub for secure and innovative financial services.

The Sovereign Financial Cloud Services Infrastructure (SFCSI) is built on advanced financial technology. It provides a centralized, highly secure, dedicated, and isolated system to ensure full data sovereignty. The platform enhances operational flexibility and offers strong protection against cyber threats. It also ensures uninterrupted access to critical financial services across the UAE’s financial sector.

The infrastructure is powered by advanced Artificial Intelligence (AI) and analytics. Through intelligent automation and real-time data analysis, financial institutions will gain deeper insights, improve decision-making, and enhance overall customer experience.

The platform also offers a unified framework to manage multi-cloud services efficiently. Licensed Financial Institutions (LFIs) will be able to manage and administer all their services smoothly within a single, secure environment.

The agreement was signed in the presence of Khaled Mohamed Balama, Governor of CBUAE. Saif Humaid Al Dhaheri, Assistant Governor for Banking Operations and Support Services at CBUAE, and Talal M. Al Kaissi, Interim Chief Executive Officer of Core42, officially signed the agreement. Senior officials from both sides also attended the ceremony.

Saif Humaid Al Dhaheri said the sovereign financial cloud marks a major strategic step to strengthen the UAE’s financial resilience and technological leadership. He stated that the platform provides a secure, scalable, and future-ready foundation that enhances data protection and accelerates innovation. He added that the integration of AI and advanced analytics will help CBUAE and licensed financial institutions deliver next-generation digital services with confidence while supporting sustainable economic growth.

Talal M. Al Kaissi emphasized that financial systems rely on digital infrastructure, and such infrastructure must remain sovereign. He said the new financial cloud embeds governance and real-time oversight into the country’s financial backbone. According to him, the project reflects a shared commitment to building infrastructure designed for regulatory clarity and national resilience. It allows regulated institutions to scale advanced sovereign cloud and AI capabilities without compromising national control.