Economy, Banking and Finance · 1 March 2026
Central Bank of the United Arab Emirates (CBUAE) launches world's first Artificial Intelligence (AI) powered Sovereign Financial Cloud
Exam-focused facts from the 1 March 2026 current affairs briefing.
Key facts
- The CBUAE has launched the Sovereign Financial Cloud Services Infrastructure (SFCSI), the world’s first sovereign financial cloud for the nation’s financial sector.
- The SFCSI was developed in partnership with Core42, which is a subsidiary of the AI and technology group G42.
- The SFCSI is built on a fully isolated and centralised system to ensure data sovereignty within the legal and security perimeter of the United Arab Emirates (UAE).
- The platform integrates advanced AI and real-time analytics to automate operational processes and enhance risk management for licensed financial institutions.
- The SFCSI provides a unified multi-cloud management framework for institutions to manage private and hybrid cloud environments seamlessly.
- The CBUAE initiative aims to reduce reliance on foreign systems and strengthen the resilience of the financial sector against cyber-attacks and fraud.