UAE moves sovereign debt and sukuk into CSD buildout

CBUAE’s Vermeg appointment moves UAE national debt and sukuk infrastructure into CSD buildout, not yet live operation.

The UAE has moved from debt-issuance and digital-debt proof points toward an official post-trade infrastructure buildout for government debt and sukuk.

The evidence supports CSD establishment and technology-partner selection, not production operation.

CBUAE has appointed Vermeg as lead technology partner for a central securities depository for national debt and sukuk. The durable signal is post-trade infrastructure around sovereign instruments; the public record does not yet show a live CSD, external participant onboarding, or tokenized-asset settlement.