Emirati Undiscovered Gems With Strong Fundamentals

Sharjah Cement and Industrial Development (PJSC)

Market Cap: د.إ549.3m

Sharjah Cement and Industrial Development Co.

Bank Of Sharjah P.J.S.C

Market Cap: د.إ4.0b

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

ESG Emirates Stallions Group PJSC

Market Cap: د.إ3.6b

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

Depa

Market Cap: د.إ477.5m

Provides interior solutions.

Al Dhafra Insurance Company P.S.C

Market Cap: د.إ558.0m

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

Dubai National Insurance & Reinsurance (P.S.C.)

Market Cap: د.إ375.4m

Dubai National Insurance & Reinsurance Co.

Gulf Medical Projects Company (PJSC)

Market Cap: د.إ1.6b

Manages hospitals in the United Arab Emirates.

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

Market Cap: د.إ879.9m

A financial institution, engages in the provision of asset management, corporate finance, brokerage, lending, security margins, market making, liquidity providing, public offering management, and financial research services in the United Arab Emirates.

Emirates Reem Investments Company P.J.S.C

Market Cap: د.إ847.7m

Engages in the bottling, distribution, and trading of mineral water, carbonated drinks, soft drinks, juices, and evaporated milk in the United Arab Emirates, rest of the Middle East, and Africa.

Dubai Insurance Company (P.S.C.)

Market Cap: د.إ1.4b

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

Amlak Finance PJSC

Market Cap: د.إ2.6b

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

Alpha Data PJSC

Market Cap: د.إ1.5b

Offers system integration services.

Ras Al Khaimah National Insurance Company P.S.C

Market Cap: د.إ405.1m

Ras Al Khaimah National Insurance Company P.S.C.

Fujairah Building Industries P.J.S.C

Market Cap: د.إ416.1m

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.

Abu Dhabi National Insurance Company PJSC

Market Cap: د.إ4.5b

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

Takaful Emarat - Insurance (PSC)

Market Cap: د.إ373.5m

Engages in the takaful insurance activities in the United Arab Emirates.

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.

MAIR Group - P.J.S.C

Market Cap: د.إ2.6b

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.إ1.0b

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

Sukoon Insurance PJSC

Market Cap: د.إ1.9b

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.

Commercial Bank International P.J.S.C

Market Cap: د.إ1.5b

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

Ajman Bank PJSC

Market Cap: د.إ4.4b

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

Amanat Holdings PJSC

Market Cap: د.إ3.3b

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

Gulf Pharmaceutical Industries P.S.C

Market Cap: د.إ1.4b

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

United Arab Bank P.J.S.C

Market Cap: د.إ4.5b

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

Emirates Driving Company P.J.S.C

Market Cap: د.إ3.9b

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

ADNH Catering

Market Cap: د.إ1.7b

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.

Burjeel Holdings

Market Cap: د.إ6.9b

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.إ4.4b

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

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

Market Cap: د.إ2.6b

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.

E7 Group PJSC

Market Cap: د.إ2.2b

Engages in commercial printing, packaging, and distribution business in the United Arab Emirates.