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FINANCIAL NEWS
MENA’s outbound travel spending to reach USD110b by 2025
06 Nov 2016
(MENAFN) By 2025, annual spending on global cross-bound travel will reach USD1.5tr from USD1.1tr currently.
Accordingly, there are 3 key global trends that will shape the industry: a new travelling class, increasing digital connectivity and an ageing population.
However, more than 37mn MENA households will drop into this category by 2025, with more than 40 percent of this new travelling class.
On the other hand, the region will see the number of annual outbound trips grow from 43mn in 2016 to 65mn by 2025.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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