The term MENA refers to the Middle East and North Africa. The MENA region includes the area from Morocco in northwest Africa to Iran in southwest Asia and down to Sudan in Africa. It comprises 22 countries, and accounts for approximately 6% of the world’s population. The following countries are typically included in MENA: Algeria, Bahrain, Djibouti, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Malta, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, United Arab Emirates, West Bank and Gaza, and Yemen. Ethiopia and Sudan are sometimes included. The population of the MENA region is about 436 million people, the vast majority living in middle-income economies with a GDP in the region of US$3.111 Trillion (World Bank 2016). The region accounts for 60% of the world oil reserves and 45% of the world’s natural gas reserves. Due to the region’s substantial petroleum natural gas reserves, MENA is an important source of global economic stability.