Industry News
South Africa’s Absa Opens Dubai Office to Connect Gulf-Africa Capital Flows
South Africa's third-biggest lender, Absa Group, has opened a new office in Dubai to tap expanding trade and investment between the Gulf and Africa. Operating under a Category 4 license from the Dubai Financial Services Authority, the branch joins Absa's global network, which includes a non-banking unit established in China in 2024. The move supports cross-border investment advisory and credit arrangement amid surging bilateral commercial flows.
