UAE business travel market forecast to grow to $94 billion by 2030
Perk, the AI-powered travel and spend management platform, has opened its new regional office in Abu Dhabi Global Market (ADGM) with the support of the Abu Dhabi Investment Office, as the UAE business travel market is forecast to grow to $94 billion by 2030.
Through its new office, the company aims to triple the total travel spend of its corporate clients in the UAE by 2028, as part of its strategic plans to expand its business and strengthen its presence in the country and the region, according to a post on the Emirates News Agency (WAM) website.
The move responds to rapid changes in the business travel sector and is in line with the UAE's drive to expand the use of artificial intelligence to raise its contribution to 20% of non-oil GDP by 2031.
The UAE is the ninth-largest global market for the company, whose annual revenue is approaching $400 million after strong growth of 48% in its business portfolio in 2025. Through its unified platform, Perk offers solutions for automating travel bookings, managing expenses, processing invoices and organizing events.
Avi Meir, CEO and co-founder of Perk, said the UAE's vision, which places artificial intelligence at the heart of its national strategy, is in line with the goals for which the company was founded, adding that opening the office in Abu Dhabi represents a long-term commitment to strengthening its regional presence and developing the services offered to its clients in the region since 2021.
For his part, Alessandro Borgogna, Head of Economic Clusters Development and Planning at the Abu Dhabi Investment Office, said Perk's decision to establish its regional presence in Abu Dhabi reflects the growing need for advanced technology solutions in travel and expense management.
He added that Abu Dhabi provides a supportive environment for ambitious global companies thanks to its advanced infrastructure and growing focus on digital technologies, enhancing companies' ability to expand locally and globally.
To view the post on the Emirates News Agency website, click here.
