Report on Executive Summary of Applied Finance

        The aim of this report id to provide deep insights regarding the financial situation of Etihad Etisalat Co. (Mobily) and how the organization is performing in the Telecom Sector of Saudi Arabia. The report will not only focus on the financial condition of Mobily but will also provide a brief overview regarding the Telecom sector of Saudi Arabia. Etihad Etisalat Co. (Mobily) is a major telecommunication service providing organization in Saudi Arabia The organization was established in the year 2004 and it was the second organization in that year which get the GSM license. The common size balance sheet of Mobily Corporation shows increase in the current assets of the corporation. The corporation current assets were 19.8% in the year 2015 in 2007 the current assets were 15.7% which shows a significant increase over the years. If the common size Balance sheet of Mobily is compared with the largest Telecom company of Saudi Atrabia STC than significant amount of differences can be observed. The cuurent Assets of STC are higher than Mobily Corporation. If Profitability of Mobily is compared with STC than it can be seen that STC has experience decline in profitability more than Mobility. However unlike Mobily STC profitability improve in recent years. Overall It can be said that Mobily needs to improve its financial conditions so that it cahn increase it market share and can compete effectively with STC. In Telecom industry the financial performance of STC is better than Mobily and Zain .CO.