Qatar is a sovereign country located in Southwest Asia, occupying the small Qatar Peninsula on the northeastern coast of the Arabian Peninsula. Qatar is a high income economy and is a developed country, backed by the world's third largest natural gas reserves and oil reserves. The country has the highest per capita income in the world. Qatar is classified by the UN as a country of very high human development and is the most advanced Arab state for human development. Qatar is a significant power in the Arab world, supporting several rebel groups during the Arab Spring both financially and through its globally expanding media group, Al Jazeera Media Network.