The Middle East and North Africa (MENA) is an economically diverse region that includes both the oil-rich economies in the Gulf and countries that are resource-scarce in relation to population, such as Egypt, Morocco, and Yemen. The region’s economic fortunes over much of the past quarter century have been heavily influenced by two factors – the price of oil and the legacy of economic policies and structures that had emphasized a leading role for the state.
With about 23 percent of the 300 million people in the Middle East and North Africa living on less than $2 a day, empowering poor people constitutes an important strategy for fighting poverty. Through a combination of analytical, advisory, and lending services, the Bank aims to provide poor people with the necessary skills, resources, and infrastructure to improve the quality of their lives.
The MENA Region includes: 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 | Yemen