Emirati Undiscovered Gems With Strong Fundamentals

Al Wathba National Insurance Company PJSC

Market Cap: د.إ629.3m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

Al Dhafra Insurance Company P.S.C

Market Cap: د.إ641.0m

Engages in the insurance business in the United Arab Emirates and GCC countries.

ESG Emirates Stallions Group PJSC

Market Cap: د.إ2.9b

Engages in the investment, construction, and real estate sectors in the Middle East, Africa, Asia, Europe, and the Americas.

Bank Of Sharjah P.J.S.C

Market Cap: د.إ3.5b

Provides commercial and investment banking products and services in the United Arab Emirates.

Sharjah Cement and Industrial Development (PJSC)

Market Cap: د.إ650.8m

Sharjah Cement and Industrial Development Co.

Depa

Market Cap: د.إ474.7m

Provides interior solutions.

Al Ramz Corporation Investment and Development P.J.S.C

Market Cap: د.إ890.9m

Al Ramz Corporation Investment and Development P.J.S.C.

Gulf Medical Projects Company (PJSC)

Market Cap: د.إ1.5b

Manages hospitals in the United Arab Emirates.

Al Waha Capital PJSC

Market Cap: د.إ3.2b

Al Waha Capital PJSC, formerly known as Oasis International Leasing Company P.J.S.C is a private equity firm focuses on Emerging markets or growth investments.

Alpha Data PJSC

Market Cap: د.إ1.5b

Offers system integration services.

Amlak Finance PJSC

Market Cap: د.إ2.6b

Engages in real estate financing and investment activities in the Middle East.

Dubai Insurance Company (P.S.C.)

Market Cap: د.إ1.7b

Provides various insurance products for individuals and corporates in the United Arab Emirates.

Abu Dhabi National Insurance Company PJSC

Market Cap: د.إ3.9b

Provides various insurance and reinsurance products to individuals and corporates in the United Arab Emirates and internationally.

Fujairah Building Industries P.J.S.C

Market Cap: د.إ408.0m

Manufactures and sells concrete products in the United Arab Emirates and internationally.

Dubai Refreshment (P.J.S.C.)

Market Cap: د.إ2.0b

Operates as a food and beverage manufacturing and distribution company in the United Arab Emirates and internationally.

Sukoon Insurance PJSC

Market Cap: د.إ2.3b

Engages in the insurance business in the United Arab Emirates, Sultanate of Oman, State of Qatar, England, Wales, the United Kingdom, GCC countries, and internationally.

MAIR Group - P.J.S.C

Market Cap: د.إ2.3b

Imports and sells foodstuffs, household equipment, and general retail items in the United Arab Emirates.

Emirates Insurance Company P.J.S.C

Market Cap: د.إ1.1b

Engages in writing general insurance and reinsurance in the United Arab Emirates, the United States, and Europe.

National Cement Company (Public Shareholding)

Market Cap: د.إ1.5b

Engages in the manufacture and sale of cement and related products in the United Arab Emirates and internationally.

Commercial Bank International P.J.S.C

Market Cap: د.إ1.4b

Provides banking products and services to individuals and businesses in the United Arab Emirates and internationally.

Ajman Bank PJSC

Market Cap: د.إ3.7b

Provides various banking products and services for individuals, businesses, and government institutions in the United Arab Emirates.

Amanat Holdings PJSC

Market Cap: د.إ3.0b

Engages in the investment in companies and enterprises in the fields of education and healthcare in the United Arab Emirates and internationally.

United Arab Bank P.J.S.C

Market Cap: د.إ3.9b

Together with its subsidiary, provides commercial banking products and services for individual and corporate customers in the United Arab Emirates.

Gulf Pharmaceutical Industries P.S.C

Market Cap: د.إ1.2b

Manufactures and sells medicines, drugs, and various other types of pharmaceutical, cosmetic, and medical compounds in United Arab Emirates, other GCC countries, and internationally.

EMSTEEL Building Materials PJSC

Market Cap: د.إ7.1b

Engages in the operation, trading, and investing in industrial projects and commercial businesses involved in the building materials and steel sectors in the United Arab Emirates.

Union Properties

Market Cap: د.إ3.0b

Invests in and develops properties.

ALEC Holdings PJSC

Market Cap: د.إ7.0b

Operates as a construction company in the United Arab Emirates.

Burjeel Holdings

Market Cap: د.إ5.6b

Owns and operates multi-specialty hospitals and medical centers in the United Arab Emirates, the Sultanate of Oman, and the Kingdom of Saudi Arabia.

RAK Properties PJSC

Market Cap: د.إ2.9b

Engages in the investment, development, and management of real estate properties in the United Arab Emirates.

ADNH Catering

Market Cap: د.إ1.6b

ADNH Catering PLC, food services company, engages in the provision of catering and support services in the United Arab Emirates and the Kingdom of Saudi Arabia.

Alef Education Holding

Market Cap: د.إ7.2b

Provides AI-powered learning solutions in the United Arab Emirates, Indonesia, and Morocco.

R.A.K. Ceramics P.J.S.C

Market Cap: د.إ2.3b

Engages in the manufacture and sale of various ceramic products in the United Arab Emirates, Europe, India, Saudi Arabia, Bangladesh, rest of Middle East countries, and internationally.

Emirates Driving Company P.J.S.C

Market Cap: د.إ3.3b

Manages and develops motor vehicles driving training in the United Arab Emirates.