#Luxury spending is soaring in the #uae says Visa #shorts
Bloomberg Televisionยท2025-09-16 01:00
Your data has shown uh that there's been a 130% surge in luxury spending over the last two years. Is that growth unique to the UAE or are you seeing that in other parts of the world as well. >> So the growth is much more amplified in the UAE.We do see growth in other parts of the world as well, but what we see coming out of the UAE and the GCC is much higher, much above the rest of the world. So the 130% number that you mentioned over the last two years is certainly for this part of the world more than anyw ...