The MENAP region performs slightly better than the rest of the world on unemployment numbers, with only 7.4 per cent compared to the global average of 7.6 per cent. However, the barometer also raises concerns about migratory trends in the region. In 2019, nearly 15 million people migrated intra-regionally in MENAP, with approximately 50 per cent per cent of all professionals who moved, leaving the region completely. This compares to only 0.5 per cent of the total population leaving North America in 2021, compared to MENAPs two per cent. One can assume that sufficient working, studying, and living opportunities are the key drivers.<\/li>\n<\/ul>\nMajid Al Futtaim had previously released two similar reports on the MENAP region in 2020 and 2022 with the latter being launched at the May 2022 World Economic Forum Annual Meeting.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Al Futtaim launched the ‘MENAP Economic Integration Barometer’ at Davos which aims to track economic progress of countries in the Mena region and Pakistan. The barometer also measures the MENAP region\u2019s interconnectedness with other world markets.<\/p>\n","protected":false},"author":42,"featured_media":20610,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4140,1],"tags":[4623,3944,4624,3966],"_links":{"self":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/20609"}],"collection":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/users\/42"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/comments?post=20609"}],"version-history":[{"count":5,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/20609\/revisions"}],"predecessor-version":[{"id":20789,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/20609\/revisions\/20789"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media\/20610"}],"wp:attachment":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media?parent=20609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/categories?post=20609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/tags?post=20609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}