Mobily’s [7020.SE] sales and profits will be affected negatively by the fingerprint verification system, according to the company’s CEO Ahmad Farroukh in a Bloomberg interview. Moreover, KSA’s slow moving economy will be a drag on the company’s finances. However, the accounting errors, which had been chasing Mobily have been resolved and the company is working to apply new accounting standards (IFRS) by 2017. The company is still in the process of reviewing different options for its 10,000 tower portfolio, Farroukh added. (Bloomberg)   Mobily: SAR20.08 as of 27 September 2016, Rating: Neutral, FV: SAR24.53 per share, MCap: USD4,123mn, EEC AB / 7020.SE