world’s first sovereign financial cloud services infrastructure
♦ 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.