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CORE42 SHOWCASES THEIR LATEST INNOVATION AT GITEX GLOBAL 2025
Exclusive Interview with Mohammed Retmi, Vice President: Sovereign Public Cloud, Core42
How has GITEX been for Core42 this year? And, what are you showcasing at the event?
GITEX has been an incredible experience so far. The energy across the halls has been amazing, and the level of engagement with our customers, partners, and industry peers has been very strong. It is always a great platform for collaboration, and this year we can clearly feel how much interest there is in the work we are doing at Core42 and within the broader G42 ecosystem. We are taking centre stage within the G42 District in AI Hall 6, where we are highlighting our role as the digital infrastructure arm of the G42 ecosystem. G42’s Intelligence Grid vision is redefining how nations can build AI-native societies by connecting infrastructure, intelligence, and innovation within one cohesive framework. Together with our sister companies, we are bringing this vision to life and showing how it translates into tangible outcomes that strengthen the UAE’s AI leadership and set new benchmarks for secure, globally competitive digital infrastructure.
A major highlight of our showcase is the Core42 AI Cloud, a high-performance, scalable, and sovereign platform that brings every leading accelerator together under one roof. It provides a unified environment for all training, fine-tuning, and inference needs. We have recently introduced self-service capabilities within the AI Cloud that allow users to access NVIDIA accelerated compute resources within minutes, offering new levels of flexibility, speed, and accessibility for large-scale AI development.
We are also showcasing our Sovereign Public Cloud, which delivers full compliance and control for regulated sectors, our Signature Private Cloud, which is currently in Customer Preview, and our Compass generative AI platform. Our Signature Private Cloud now supports more than fifty public and private entities across the UAE, which is a major milestone for us. We are proud to be the first mover in this space and happy to be celebrating that achievement at GITEX, where we can show the real impact it is creating for our customers and for the wider ecosystem.
From your perspective, how is the digital landscape evolving, and what trends are you seeing take shape?
The digital landscape is evolving at an incredible pace, and much of that acceleration is being driven by AI. It is transforming how organizations operate, how they serve customers, and how they manage data. At Core42, we see our role as helping governments and enterprises adopt these technologies safely, responsibly, and at scale through infrastructure that is sovereign by design.
I oversee the Sovereign Public Cloud offering at Core42, which is built on Microsoft Azure and governed by Core42 Insight, our compliance and governance platform. This combination provides the scalability and flexibility of a hyperscale cloud while ensuring that all data execution, residency, and control remain fully sovereign. Customers can benefit from the performance and innovation of a global platform while operating within a framework that meets national data protection standards and regulatory requirements. It allows public and regulated entities to modernize with confidence, knowing that compliance and trust are built in from the start.
How does Core42 ensure responsible and ethical use of AI within sovereign environments?
Sovereignty is at the core of everything we do at Core42. Our mission is to give customers complete control over their data, their operations, and their technology environments. Data sovereignty means that all information stays within national borders and cannot be accessed by any external entity or foreign jurisdiction.
We also enable operational and technological sovereignty, which means our customers can run and scale their systems independently, securely, and in full alignment with local regulations. These principles are embedded across our Private Cloud and AI Cloud portfolios, where compliance and governance are built into the architecture from day one.
Responsible AI is an essential part of this approach. Through our platforms, we enable organizations to use AI within a clear, regulated, and ethical framework that aligns with national policies and international best practices. Our goal is to make sure AI adoption creates value while maintaining transparency, fairness, and trust at every level.
How is the Sovereign Public Cloud transforming the experience for your customers?
What we see is a real shift in how customers think about cloud adoption. In the past, many organizations were cautious because of data residency and compliance concerns. With the Sovereign Public Cloud, those barriers are being removed. Our customers can now benefit from all the flexibility, scalability, and performance of a global cloud environment while maintaining complete control of their data within UAE borders.
This has opened up new opportunities for innovation. Government entities, financial institutions, healthcare providers, and other regulated sectors are now able to modernize their operations with confidence, knowing that sovereignty, security, and compliance are built in from the start.
Looking ahead, how do you see cloud innovation evolving in the region?
The Middle East is moving fast toward a cloud-first, AI-native future. The focus is to adopt technology and build sovereign ecosystems that reflect local values, laws, and priorities. At Core42, our goal is to continue expanding the capabilities of the Sovereign Public Cloud, integrating more AI services, and enhancing data and workload portability across hybrid environments. We believe the future belongs to organizations that can combine global innovation with local trust, and that is exactly what we are helping our customers achieve.
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COMMUNITY MESSAGES COME TO LIFE AT YAS MALL’S TREE OF GRATITUDE REVEAL
Yas Mall brought the spirit of community and appreciation to life on 20 May with the reveal of its Tree of Gratitude artwork; a special moment held as part of Yas Mall’s Week of Wonder.
Located in Yas Mall’s Town Square, the interactive installation invited visitors to share heartfelt messages of gratitude dedicated to the UAE and its leadership. Thousands of contributions became part of a growing digital artwork symbolising unity, reflection and national pride. The completed mosaic was officially unveiled, revealing a collective artwork inspired by the UAE flag and shaped by the voices of the community. Families and friends gathered to witness the moment, celebrating together in an atmosphere filled with appreciation and national pride.
The reveal was accompanied by a special live performance by the UAE Police Band, alongside traditional Al Ayallah performances that brought an added sense of celebration and cultural spirit to the evening. UAE flags were also distributed to visitors during the performances, creating a vibrant community moment as guests came together in tribute to the nation.
The activation formed part of Yas Mall’s wider Week of Wonder experience, which transformed the destination into an engaging space for discovery and shared experiences from 8 – 20 May.
Financial
Standard Chartered Supports Pakistan’s First Panda Bond Issuance in Chinese Interbank Market
Pakistan has successfully completed its inaugural Panda bond issuance in China’s interbank bond market, raising RMB 1.75 billion through a three-year transaction that marks the country’s first direct entry into China’s capital markets.
Standard Chartered (China) Ltd. Co acted as the only foreign bank serving as joint lead underwriter and joint book runner for the transaction, supporting Pakistan in broadening its international financing channels while strengthening financial connectivity between regional capital markets.
The issuance received strong support from multilateral development institutions, including the Asian Infrastructure Investment Bank (AIIB) and the Asian Development Bank (ADB), which together guaranteed 95 per cent of the bond’s principal and interest payments. The structure helped attract significant demand from Chinese banks, securities houses, and international financial institutions.
The transaction was reportedly more than five times oversubscribed, allowing Pakistan to price the bond at 2.50 per cent, the tightest end of the indicated pricing range.
Salman Ansari, Global Head, Capital Markets, Standard Chartered, described the issuance as a strategically important transaction that expands Pakistan’s access to global liquidity pools while demonstrating the growing relevance of regional capital markets within the international funding landscape.
The transaction also reflects the broader evolution of the Renminbi within global financial markets, as China continues expanding the role of its currency beyond trade settlement into cross-border financing and sovereign funding structures.
Jerry Zhang, Global Head of Banks & Broker Dealers and Head of Coverage, Greater China and North Asia at Standard Chartered, said the transaction highlighted the bank’s role in connecting international issuers with China’s domestic capital markets while also reflecting the continued internationalisation of the Renminbi.
The Panda bond market has increasingly attracted a wider range of sovereign, supranational, and institutional issuers in recent years as regional economies explore diversified funding channels and deeper access to Chinese liquidity pools.
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GEMS MODERN ACADEMY ACHIEVES 100% PASS RATE IN ICSE AND ISC, WITH EXCEPTIONAL STUDENT PERFORMANCE
Students at GEMS Modern Academy (“Modern”) have delivered another year of outstanding student performance in the ICSE Grade 10 and ISC Grade 12 Board examinations, as the school achieved a 100% pass rate across both cohorts.

Students delivered exceptional performances, with a significant proportion attaining top scores across subjects. At the ICSE level, 61.3% of students achieved above 90%, while at the ISC level, an impressive 73.7% of students scored above 90%. The school recorded strong overall averages of 90.1% for ICSE and 92.5% for ISC, reflecting sustained academic excellence.
These results further reinforce GEMS Modern Academy’s reputation as one of the UAE’s leading Indian curriculum schools, known for balancing academic rigour with a strong focus on innovation, wellbeing, and global citizenship.
Sydney Atkins, Principal of GEMS Modern Academy, said: “In a year filled with uncertainty, we knew this for sure; the collective effort of a community united in a singular purpose is stronger than any external circumstance. We are so proud of our students, our passionate and dedicated teachers, and our parents who are our biggest cheerleaders and critical friends. Because of this dream team, we are able to make our students’ dreams come true. Well done, boys and girls, we are so proud of every one of you.”
ISC Grade 12 results
- Total Strength: 175
- Pass Rate: 100%
- Batch Average: 92.5%
- 95% and above: 40% (70 students)
- 90% and above: 73.7% (129 students)
- 80% and above: 97.1% (170 Students)
- 90% and above in all five subjects: 39.4% (69 Students)
- Number of 100s: 29 (Math – 7, Chemistry – 6, Computer Science – 4, Accounts – 2, Political Science – 4, EVS – 4, Mass Media – 2)
- 175 students appeared for the ISC (Grade 12) including, 4 students with Special Education Needs.
- Average of Students of Determination in ISC is 87.25%
- 3 Students on the KHDA Rahhal program have successfully completed their schooling through this flexible academic arrangement.
- Girls batch average 93.1%; Boys batch average 92%
Leading the cohort with the highest score is Khyati Agarwal with 99.5%; Mukul Agarwal stood a close second with 99.25% and 6 students tied at 3rd place with 98.75%
Khyati Agarwal, has secured offers from top universities including Duke, Imperial College London, UCLA, Northwestern, and the University of Michigan said: “This year asked more of me than I thought I had and gave me even more in return. I’ll always be grateful to my Principal, supervisors, and teachers. They all taught me that consistency, faith and the support of my school, family and friends can turn a dream into a reality! I could not have asked for a better finish to the first chapter of my life. Here’s to my next.”
Mukul Agarwal, who is Modern’s first student to receive an offer from Oxford University, said: “Studying at the University of Oxford has been a dream of mine for as long as I can remember, and I’m incredibly grateful to see that dream become a reality. This milestone would not have been possible without the unwavering support of my parents and grandparents, the guidance and encouragement of my teachers, and the constant belief they all had in me.”
ICSE Grade 10 results:
- Total Strength: 150
- Pass Rate: 100%
- Batch Average: 90.1%
- 95% and above: 20% (30 students)
- 90% and above: 61.3% (92 students)
- 80% and above: 96.7% (145 Students)
- 90% and above in all six subjects: 22.7% (34 students)
- Number of 100s: 7 (Economics – 3, Drama – 1, Robotics and AI – 3)
- 150 students appeared for the ICSE (Grade 10) examination, including 2 students with Special Education Needs.
- Average of Students of Determination in ICSE is 81.3%
- Girls batch average 90.42 Boys batch average 90%
Geetika Pati topped the batch with 97.2% and Eshan Tikam and Medha Ratheesh tied in the second place with 96.6%.
Reflecting on her achievement, Geetika Pati, said: “My learning experience at GMA has been a very fruitful one. This was not my journey alone but one of my parents, my teachers who are willing to push you forward at every turn, and everyone who has been there for me throughout this year. I dedicate this victory to my family and GMA.”
GEMS Modern Academy, which is celebrating 40 years of excellence this year, continues to set benchmarks in delivering a balanced education that nurtures both academic capability and personal growth.
Nargish Khambatta, Executive Vice President – Education, GEMS Education, added: “Good results are not achieved perchance. Each accomplishment represents hours of consistent effort and patience, supported by a committed team of teachers, parents and leadership team all working towards the same goal. Maintaining this level of disciplined focus for 40 years is testament to a culture of excellence that has been carefully nurtured over the years keeping the children at the heart of all our decisions. Congratulations on yet another set of excellent results that validates Team Modern! Bravo!”
Graduates from the school consistently secure placements at leading universities worldwide, pursuing diverse pathways across disciplines.
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