FIRST-IN-NEWS
First in World
UAE Launches World’s Inaugural Sovereign Financial Cloud Infrastructure
The Central Bank of the UAE (CBUAE) has introduced the 'Sovereign Financial Cloud Services Infrastructure' (SFCSI).
This is a world-first initiative, developed in collaboration with Core42, a subsidiary of the G42 group.
The cloud system is specifically tailored to meet the security and data residency requirements of the country's financial sector.
Global Context: By creating a domestic cloud ecosystem, the UAE aims to enhance the resilience and digital sovereignty of its financial institutions.
This is a world-first initiative, developed in collaboration with Core42, a subsidiary of the G42 group.
The cloud system is specifically tailored to meet the security and data residency requirements of the country's financial sector.
Global Context: By creating a domestic cloud ecosystem, the UAE aims to enhance the resilience and digital sovereignty of its financial institutions.
Key Facts / Static GK
CBUAE Headquarters: Abu Dhabi
Currency of UAE: Dirham (AED)
Core42: A UAE-based digital transformation and cloud firm
Currency of UAE: Dirham (AED)
Core42: A UAE-based digital transformation and cloud firm
Practice Quiz — 2 March 2026
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Answer: (B) Ketan Merchant — Ketan Merchant, who serves as the Chief Financial Officer (CFO), has been appointed as the interim head of Fino Payments Bank after the arrest of MD & CEO Rishi Gupta.
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Answer: (B) Park Chan-wook — Park Chan-wook is the first South Korean filmmaker to be selected to lead the main jury at the Cannes Film Festival.
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Q5. From which country were the nine cheetahs recently brought to Kuno National Park in March 2026?
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