1、OPPORTUNITIES TO ACCELERATE ECONOMIC INTEGRATION ACROSS MENAPICKING UP THE PACE OF CHANGEKNOWLEDGE PARTNERJANUARY 20241Opportunities To Accelerate Economic Integration Across MENAForeword.2Introduction.3Economic Integration as a Driver for Sustainable Growth.4Current State of Economic Integration in
2、 MENA.8 Flow of Goods&Services.10 Flow of Capital.13 Flow of People.15 Flow of Data.18 Opportunities to Accelerate Economic Integration.20Next Steps and a Call to Action.26 Endnotes.27Table of Contents2Opportunities To Accelerate Economic Integration Across MENAForewordFor the first time since the o
3、nset of the Industrial Revolution,MENA stands on the cusp of a new Golden Age,driven by an economic transformation that will see it forge a new path of long-term prosperity for its people.Of the regions economies,the Big Three,namely Saudi Arabia,the United Arab Emirates and Egypt1 have set out-and
4、are delivering against-ambitious national agendas that will see them successfully diversify their economies.Today,they represent the fastest growing economic block in the world,with Saudi Arabia becoming the first trillion-dollar economy in MENA2,the UAE delivering record non-oil growth3,and Egypt a
5、chieving a positive trajectory4 despite recent compounding and challenging headwinds.In doing so,these key players not only act as a lighthouse for those outside the region,but also create a wider ripple effect,uplifting MENA as a whole,expanding intra-regional trade and crossborder foreign direct i
6、nvestment to support its five key transitions of energy,trade,finance,tech and talent.Many of the elements needed to tap the regions significant potential are already in play,with early and bold steps to enhance integration serving to highlight a growing momentum towards achieving long-term economic