global research february 2007 economic saudi arabia & strategic outlooksaudi building cities to house growth investment kscc souk al safat bldg 2nd floor po box 28807 13149 kuwait tel 965 240 0551 fax 0661 email com kw http www globalinv net stock market indices can be accessed from the bloomberg page gloh and reuters glob omar m el quqa cfa executive vice president phone no 2400551 ext 104 shailesh dash head of shaileshdash 196 faisal hasan senior financial analyst fhasan 304 amit tripathy amitt 269 bikash rout bcrout 254 table contents summary 1 annual indicators 5 newsflow 6 macroeconomic profile 9 gross domestic product 12 public finance 15 current account 19 monetary policy 22 inflation 24 population labor force 25 sector performance 27 oil gas refining industry 34 petrochemical 36 electricity water