Etihad Etisalat Company (Mobily) [7020.SE] will revisit its dividend policy as performance improves, Bloomberg quoted Mobily’s CEO, Ahmed Abdel Salam, as saying. Abdel Salam added that consumption levels are healthy, now that the impact of VAT has subsided and that deals for main international call destinations have given a boost in traffic. The company’s priorities at the moment are deleveraging and paying back debt. On another note, shareholders delegated the company’s BoD to proceed with the legal case against the company’s previous CEO, Khaled Alkaf, during yesterday’s AGM, according to Argaam. 
 
Mobily: SAR15.69 as of 22 Apr. 2018, Rating: Neutral, TP: SAR17.00/share, MCap: USD3,222mn, EEC AB/7020.SE