World’s First Sovereign Cloud System for Finance to Launch in UAE
The AI-enabled infrastructure is positioned as a dedicated sovereign cloud system for the UAE’s regulated financial sector.
The Central Bank of the United Arab Emirates (CBUAE) has announced the development of what it describes as the world’s first sovereign financial cloud services infrastructure, in partnership with Core42.
The initiative centres on establishing a dedicated national cloud platform for the UAE’s regulated financial institutions. According to the central bank, the infrastructure will incorporate advanced artificial intelligence and analytics tools to enhance operational efficiency across licensed entities.
The project forms part of broader financial sector transformation efforts aimed at strengthening digital resilience and regulatory oversight. By building a sovereign cloud framework tailored specifically for financial services, the system is designed to support secure data management within the country’s regulatory perimeter.
The announcement follows other recent digital policy measures by the central bank, including the issuance of artificial intelligence guidance for licensed financial institutions and approval of a dirham-backed stablecoin, DDSC.
