Emirati Undiscovered Gems With Strong Fundamentals

National General Insurance (P.J.S.C.)

Market Cap: د.إ1.0b

Engages in underwriting various classes of life and general insurance, and reinsurance businesses in the United Arab Emirates.

National Corporation for Tourism and Hotels

Market Cap: د.إ4.5b

Invests in, owns, and manages hotels and leisure complexes in the United Arab Emirates.

Sharjah Cement and Industrial Development (PJSC)

Market Cap: د.إ492.7m

Sharjah Cement and Industrial Development Co.

Drake and Scull International P.J.S.C

Market Cap: د.إ1.0b

Engages in construction activities in the United Arab Emirates, Saudi Arabia, Kuwait, Egypt, Oman, Germany, Algeria, India, Iraq, Jordan, and internationally.

Depa

Market Cap: د.إ436.5m

Provides interior solutions.

Gulf Medical Projects Company (PJSC)

Market Cap: د.إ1.4b

Manages hospitals in the United Arab Emirates.

Emirates Reem Investments Company P.J.S.C

Market Cap: د.إ937.2m

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.

Abu Dhabi Ship Building PJSC

Market Cap: د.إ1.8b

Engages in the construction, maintenance, repair, and overhaul of commercial and military ships and vessels in the United Arab Emirates.

Response Plus Holding PJSC

Market Cap: د.إ842.0m

Provides healthcare services in the United Arab Emirates, the Kingdom of Saudi Arabia, Norway, the United Kingdom, and internationally.

Ras Al Khaimah for White Cement & Construction Materials P.S.C

Market Cap: د.إ570.2m

Manufactures and supplies white cement, lime products, and cement products in the United Arab Emirates, the Gulf Cooperation Council countries, India, Jordan, Yemen, and internationally.

Fujairah Building Industries P.J.S.C

Market Cap: د.إ461.0m

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

Palms Sports PJSC

Market Cap: د.إ1.2b

Provides sports training programs for Jiu-Jitsu and other sports in the United Arab Emirates.

Sukoon Insurance PJSC

Market Cap: د.إ1.5b

Provides insurance solutions to individuals and businesses in the United Arab Emirates.

MAIR Group - P.J.S.C

Market Cap: د.إ3.3b

Abu Dhabi Co-Operative Society, a retail company, primarily engages in the businesses of operating hypermarkets, supermarkets, shopping malls, retail parks, concept chain stores, franchise operations, retail property management, real estate, and investments.

National Cement Company (Public Shareholding)

Market Cap: د.إ1.7b

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

Amanat Holdings PJSC

Market Cap: د.إ2.7b

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

Al Waha Capital PJSC

Market Cap: د.إ2.9b

A private equity firm which manages assets across several sectors, including financial services and fintech, healthcare, energy, infrastructure, industrial real estate and capital markets.

Gulf Pharmaceutical Industries P.S.C

Market Cap: د.إ1.7b

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.إ2.5b

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

Emirates Driving Company P.J.S.C

Market Cap: د.إ3.1b

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

Taaleem Holdings PJSC

Market Cap: د.إ4.1b

Provides and invests in education services in the United Arab Emirates.

RAK Properties PJSC

Market Cap: د.إ4.3b

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