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pitch to voters on Election DayDisney expected to lay off thousands in its biggest round of cuts this yearDisney expected to lay off thousands in its biggest round of cuts this yearDisney expected to lay off thousands in its biggest round of cuts this yearAckman warns speculative trading is turning the stock market into a casinoAckman warns speculative trading is turning the stock market into a casinoAckman warns speculative trading is turning the stock market into a casinoRedMagic takes its RGB liquid-cooled gaming phone global as the 12 ProRedMagic takes its RGB liquid-cooled gaming phone global as the 12 ProRedMagic takes its RGB liquid-cooled gaming phone global as the 12 ProMalachi Jordan commits to St. John's, its first five-star recruit in 13 yearsMalachi Jordan commits to St. John's, its first five-star recruit in 13 yearsMalachi Jordan commits to St. John's, its first five-star recruit in 13 yearsSigns point to a big BioWare N7 Day celebration planned before the studio 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a potentially massive dwarf planet candidate beyond PlutoEating blueberries every day may ease depressive symptoms in older adultsEating blueberries every day may ease depressive symptoms in older adultsEating blueberries every day may ease depressive symptoms in older adultsIran warns of a 'new battlefield' after reported US strike on QeshmIran warns of a 'new battlefield' after reported US strike on QeshmIran warns of a 'new battlefield' after reported US strike on Qeshm
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Business • 2026-10-29, 21:04 GMT • ~1 min read

South Africa's Absa opens first Gulf office in Dubai

جنوبی افریقہ کے ابسا بینک نے دبئی میں پہلا خلیجی دفتر کھول لیا

दक्षिण अफ्रीका के अब्सा बैंक ने दुबई में पहला खाड़ी कार्यालय खोला

South Africa's Absa opens first Gulf office in Dubai

Key points

اہم نکات

मुख्य बातें

  • Absa Group, one of South Africa's biggest banks, has opened its first office in the Gulf, setting up in Dubai's International Financial Centre to tap growing trade and investment flows between the Middle East and Africa.
  • The office, licensed by the Dubai Financial Services Authority in July, will not lend from its own balance sheet but will connect Gulf-based companies, investors and institutions with Absa's operations across 16 African markets.
  • Non-oil trade between the UAE and Africa reached 158 billion dollars in 2025, up from about 112 billion a year earlier, according to UAE government figures.
  • جنوبی افریقہ کے بڑے بینکوں میں سے ایک ابسا گروپ نے مشرق وسطیٰ اور افریقہ کے درمیان بڑھتی ہوئی تجارت اور سرمایہ کاری سے فائدہ اٹھانے کے لیے دبئی کے انٹرنیشنل فنانشل سینٹر میں خلیج میں اپنا پہلا دفتر کھول لیا ہے۔ جولائی میں دبئی فنانشل سروسز اتھارٹی سے لائسنس پانے والا یہ دفتر اپنے بیلنس شیٹ سے قرض نہیں دے گا بلکہ خلیجی کمپنیوں، سرمایہ کاروں اور اداروں کو افریقہ کے 16 ملکوں میں ابسا کے کاروبار سے جوڑے گا۔ متحدہ عرب امارات کی حکومت کے اعداد کے مطابق متحدہ عرب امارات اور افریقہ کے درمیان غیر تیل تجارت 2025 میں 158 ارب ڈالر تک پہنچ گئی جو ایک سال پہلے تقریباً 112 ارب ڈالر تھی۔ بنیادی ڈھانچہ، توانائی، رسد اور زراعت میں خلیجی سرمایہ کاروں کی سب سے زیادہ دلچسپی ہے، اور ابسا کے ساتھ دبئی میں جنوبی افریقہ کے حریف انویسٹیک، اسٹینڈرڈ بینک اور نیڈبینک بھی موجود ہیں۔
  • दक्षिण अफ्रीका के सबसे बड़े बैंकों में से एक अब्सा समूह ने मध्य पूर्व और अफ्रीका के बीच बढ़ते व्यापार और निवेश का लाभ उठाने के लिए दुबई के अंतरराष्ट्रीय वित्तीय केंद्र में खाड़ी क्षेत्र में अपना पहला कार्यालय खोला है। जुलाई में दुबई वित्तीय सेवा प्राधिकरण से लाइसेंस पाने वाला यह कार्यालय अपनी बैलेंस शीट से ऋण नहीं देगा बल्कि खाड़ी की कंपनियों, निवेशकों और संस्थानों को अफ्रीका के 16 देशों में अब्सा के कारोबार से जोड़ेगा। यूएई सरकार के आंकड़ों के अनुसार यूएई और अफ्रीका के बीच गैर-तेल व्यापार 2025 में 158 अरब डॉलर तक पहुँच गया, जो एक साल पहले लगभग 112 अरब डॉलर था। बुनियादी ढाँचा, ऊर्जा, लॉजिस्टिक्स और कृषि में खाड़ी निवेशकों की सबसे अधिक रुचि है, और अब्सा के साथ दुबई में दक्षिण अफ्रीका के प्रतिद्वंद्वी इन्वेस्टेक, स्टैंडर्ड बैंक और नेडबैंक भी मौजूद हैं।

Absa Group, one of South Africa's biggest banks, has opened its first office in the Gulf, setting up in Dubai's International Financial Centre to tap growing trade and investment flows between the Middle East and Africa. The office, licensed by the Dubai Financial Services Authority in July, will not lend from its own balance sheet but will connect Gulf-based companies, investors and institutions with Absa's operations across 16 African markets. Non-oil trade between the UAE and Africa reached 158 billion dollars in 2025, up from about 112 billion a year earlier, according to UAE government figures. Infrastructure, energy, logistics and agriculture are attracting the strongest interest from Gulf investors, and Absa joins South African rivals Investec, Standard Bank and Nedbank in Dubai.

جنوبی افریقہ کے بڑے بینکوں میں سے ایک ابسا گروپ نے مشرق وسطیٰ اور افریقہ کے درمیان بڑھتی ہوئی تجارت اور سرمایہ کاری سے فائدہ اٹھانے کے لیے دبئی کے انٹرنیشنل فنانشل سینٹر میں خلیج میں اپنا پہلا دفتر کھول لیا ہے۔ جولائی میں دبئی فنانشل سروسز اتھارٹی سے لائسنس پانے والا یہ دفتر اپنے بیلنس شیٹ سے قرض نہیں دے گا بلکہ خلیجی کمپنیوں، سرمایہ کاروں اور اداروں کو افریقہ کے 16 ملکوں میں ابسا کے کاروبار سے جوڑے گا۔ متحدہ عرب امارات کی حکومت کے اعداد کے مطابق متحدہ عرب امارات اور افریقہ کے درمیان غیر تیل تجارت 2025 میں 158 ارب ڈالر تک پہنچ گئی جو ایک سال پہلے تقریباً 112 ارب ڈالر تھی۔ بنیادی ڈھانچہ، توانائی، رسد اور زراعت میں خلیجی سرمایہ کاروں کی سب سے زیادہ دلچسپی ہے، اور ابسا کے ساتھ دبئی میں جنوبی افریقہ کے حریف انویسٹیک، اسٹینڈرڈ بینک اور نیڈبینک بھی موجود ہیں۔

दक्षिण अफ्रीका के सबसे बड़े बैंकों में से एक अब्सा समूह ने मध्य पूर्व और अफ्रीका के बीच बढ़ते व्यापार और निवेश का लाभ उठाने के लिए दुबई के अंतरराष्ट्रीय वित्तीय केंद्र में खाड़ी क्षेत्र में अपना पहला कार्यालय खोला है। जुलाई में दुबई वित्तीय सेवा प्राधिकरण से लाइसेंस पाने वाला यह कार्यालय अपनी बैलेंस शीट से ऋण नहीं देगा बल्कि खाड़ी की कंपनियों, निवेशकों और संस्थानों को अफ्रीका के 16 देशों में अब्सा के कारोबार से जोड़ेगा। यूएई सरकार के आंकड़ों के अनुसार यूएई और अफ्रीका के बीच गैर-तेल व्यापार 2025 में 158 अरब डॉलर तक पहुँच गया, जो एक साल पहले लगभग 112 अरब डॉलर था। बुनियादी ढाँचा, ऊर्जा, लॉजिस्टिक्स और कृषि में खाड़ी निवेशकों की सबसे अधिक रुचि है, और अब्सा के साथ दुबई में दक्षिण अफ्रीका के प्रतिद्वंद्वी इन्वेस्टेक, स्टैंडर्ड बैंक और नेडबैंक भी मौजूद हैं।

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