Travel with purpose and currency fluctuation have an impact on holiday spending, according to Mastercard research
Mastercard Economics Institute
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consumer spending
Mastercard Economics Institute predicts 5% GDP growth for the UAE
Consumer spending to rise by 4.3%; Consumer price inflation to reach 2.3%; Migration leading to rise in remittances; Women in the workforce growing
Mastercard
Middle East travel trends 2024: Longer holidays, bigger spends, trending destinations
Middle East travellers are balancing the duration of holidays with the cost of destinations, according to a Mastercard Economics Institute report
air travel
Revealed: 115 million more passengers in Middle East, Eastern Europe and Africa will fly in 2022
The UK has been the choice destination for travellers from the Middle East in the ongoing recovery in air leisure travel, Mastercard Economics Institute said in its travel industry report