Absa to open Dubai office as Gulf investments in Africa boom

Absa to open Dubai office as Gulf investments in Africa boom

Absa plans to open a representative office in Dubai next year to benefit from growing trade and investment between the Middle East and Africa.

Absa to Open Dubai Office as Gulf Investments in Africa Boom

A unit of South Africa’s third-largest bank by assets plans to open a representative office in Dubai next year to benefit from growing trade and investment between the Middle East and Africa.

The Liechtenstein Finance House is moving it to the Middle East and wants to expand its international presence.

Absa to open Dubai office to benefit growing trade between the Middle East and Africa

A unit of South Africa’s third-largest bank by assets plans to open a representative office in Dubai next year to benefit from growing trade and investment between the Middle East and Africa.  “We’re setting up a Dubai office in the first quarter of 2026,” Yasmin Masithela, chief executive officer of Absa Group Ltd.’s corporate- and investment-banking unit, said in an interview in Johannesburg. “We’re just waiting for regulatory approval.”  The …

South Africa's third-biggest lender Absa set to start Dubai operations

Bank eyes rising investments, trade between Gulf, Africa regions

Absa Targets Middle East Trade Boom with 2026 Dubai Launch - Tech

Absa Group Ltd., South Africa’s third-largest bank by assets, is preparing to open a representative office in Dubai by early 2026.  Awaiting regulatory approval, the goal is to tap into the increasing flow of trade and investment between Africa and the Middle East. Yasmin Masithela, CEO of Absa’s corporate and investment banking division, confirmed the plan. “We’re setting up a Dubai office in the first quarter of 2026,” she stated during an int…