The Central Bank of the UAE has partnered with Core42, a G42 company specializing in AI enablement solutions, to develop what is described as the world’s first dedicated sovereign financial cloud ecosystem.

According to Emirates News Agency, the Sovereign Financial Cloud Services Infrastructure forms a cornerstone of the CBUAE’s Financial Infrastructure Transformation programme, aimed at reinforcing the UAE’s position as a global hub for secure and innovative financial services.

Built on advanced financial technologies, the infrastructure is designed as a centralized, highly secure, and isolated environment that safeguards data sovereignty while strengthening resilience against cyber threats. The platform is intended to ensure the uninterrupted availability of critical financial services across the UAE’s financial sector, providing licensed financial institutions with a scalable, future-ready digital backbone.

Powered by AI and advanced analytics, the ecosystem is expected to enhance operational efficiency through intelligent automation and real-time data analysis. Financial institutions will be able to generate deeper insights, improve decision-making, and deliver more seamless customer experiences.

The infrastructure will also support unified multi-cloud management, enabling licensed financial institutions to manage services within a consolidated framework, streamline operations, and maintain strict governance standards.

The agreement was signed in the presence of CBUAE Governor Khaled Mohamed Balama, with Saif Humaid Al Dhaheri, Assistant Governor for Banking Operations and Support Services at the CBUAE, and Talal M. Al Kaissi, Interim CEO of Core42, formalizing the partnership.

Al Dhaheri described the initiative as a strategic step toward strengthening financial resilience and technological leadership. He noted that integrating AI and data-driven insights into the national financial backbone would accelerate innovation while reinforcing regulatory clarity and national control.