Central Bank of the UAE Partners with Vermeg to Establish Central Securities Depository for Debt and Sukuk
Here's what it means for you.
This initiative enhances the UAE's financial infrastructure, potentially increasing investment opportunities and market efficiency for professionals in the region.
What happened
On April 13, 2026, the Central Bank of the UAE appointed Vermeg as the lead technology partner for a new Central Securities Depository focused on national debt and Sukuk.
The Context
- Modernization Efforts: The UAE is actively pursuing financial modernization to boost its global competitiveness, with this project being a key part of that strategy.
- Market Growth: The debt capital market in the UAE is projected to exceed $350 billion in 2026, indicating significant growth and investment potential.
- Geopolitical Stability: The initiative aligns with the UAE's goals to integrate digital assets and improve post-trade efficiency amid ongoing diversification strategies.
The Number
— This is the projected size of the UAE debt capital market in 2026, highlighting the growing opportunities for investment and financial innovation.
Takeaway
As the development phase progresses, expect enhanced liquidity and efficiency in the UAE's debt and Sukuk markets, which could reshape investment landscapes.
Arabic-language UAE newspaper coverage focused on domestic affairs, public institutions, business, society, and regional developments.
"Al Khaleej coverage generally reflects a mainstream UAE editorial lens with strong attention to public affairs, institutions, and regional developments."
— A47 Editor
«المركزي» يطور نظام الإيداع بالتعاون مع «فيرميغ»
The Central Bank of the United Arab Emirates has appointed Vermeg, a global provider of technology solutions for capital market infrastructure, as a key technical partner to develop the technological framework supporting the Central Securities Deposi...
UAE-based newspaper covering Gulf politics, society, and international developments.
"Gulf News is one of the UAE’s most prominent English-language publications."
— A47 Editor
UAE Central Bank picks Vermeg for debt and Sukuk market platform
The UAE Central Bank has selected Vermeg to develop a new platform for managing debt and Sukuk markets, a significant move aimed at enhancing the efficiency and transparency of these financial sectors. This decision reflects the bank's commitment to ...
Business, markets, economy, and corporate news with strong UAE and regional relevance.
"Emirates 24|7 business coverage tends to center UAE markets, property, regulation, and regional economic developments."
— A47 Editor
CBUAE develops central securities depository solution in partnership with Vermeg CBUAE develops central securities depository solution in partnership with Vermeg
The Central Bank of the UAE (CBUAE) has appointed VERMEG as the lead technology partner for the establishment of a Central Securities Depository (CSD) aimed at managing national debt and Sukuk. This initiative is part of the Central Bank's strategy t...
Arabic-language digital news outlet covering UAE, regional, and international developments with broad general-news coverage.
"Al Ain News coverage typically blends UAE-focused reporting with wider Arab regional and international news."
— A47 Editor
مصرف الإمارات المركزي يطور نظام الإيداع بالتعاون مع «فيرميغ»
The Central Bank of the UAE has appointed Fermig, a global provider of technology solutions for capital market infrastructure, collateral management, and asset services, as a key technical partner to develop the technological framework for the Centra...
Arabic-language economic and business reporting with strong UAE market relevance.
"Emarat Al Youm business coverage often centers UAE property, banking, consumer issues, and economic policy."
— A47 Editor
"المصرف المركزي" يطور نظام الإيداع بالتعاون مع شركة "فيرميغ" "المصرف المركزي" يطور نظام الإيداع بالتعاون مع شركة "فيرميغ"
The Central Bank of the United Arab Emirates has announced the appointment of Vermeg, a global provider of technological solutions for infrastructure, to develop a new deposit system. This collaboration aims to enhance the efficiency and security of ...