The UAE and Saudi Arabia are driving the outbound travel and tourism market in the GCC, projected to collectively hit $57.5 billion by 2028
Between 2021 and 2024, revenues surged by around 14% annually, more than double the region’s historical CAGR of around 6%.
Called Gridora, the new entity operating under Modon Holding will coordinate with specialist partners and capital providers to fast-track the delivery of major projects across the UAE and globally.