Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Etihad GO Telecom

Market Cap: ر.س2.9b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Surya Toto Indonesia

Market Cap: Rp2.8t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Ideal Capital Berhad

Market Cap: RM 1.8b

An investment holding company, engages in the property development business in Malaysia.

Taiyo KagakuLtd

Market Cap: JP¥46.7b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Yibin City Commercial Bank

Market Cap: HK$12.1b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Seef Properties B.S.C

Market Cap: ب.د51.6m

Engages in the real estate development business in the Kingdom of Bahrain.

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك43.5m

A private equity firm specializing in direct and fund investments.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك347.4m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.3b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س658.0m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

Grupo Gigante S. A. B. de C. V

Market Cap: Mex$31.4b

Operates convenience stores and restaurants in Mexico, Central America, and Chile.

National Investments Company K.S.C.P

Market Cap: د.ك219.8m

Provides financial and investment services in Kuwait, GCC countries, and internationally.

National Industries Group Holding - KPSC

Market Cap: د.ك577.7m

Through its subsidiaries, engages in the building materials, petrochemicals, oil and gas services, mechanical industries, utilities, real estate, infrastructure, and financial services in Kuwait.

National Cleaning Company K.P.S.C

Market Cap: د.ك33.1m

Provides cleaning services in Kuwait, GCC, Turkey, Iraq, and India.

Tri-County Financial Group

Market Cap: US$123.1m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services, and insurance services to individuals and businesses in the United States.

Cashmere Valley Bank

Market Cap: US$258.1m

A state chartered bank, provides banking products and services to small and middle-market businesses, and retail customers.

First Investment Company K.S.C.P

Market Cap: د.ك48.6m

First Investment Company K.S.C.C. is a Shariah compliant privately owned investment manager.

Sokouk Holding Company K.S.C.P

Market Cap: د.ك36.9m

Engages in managing real estate projects in Kuwait.

MOBI Industry

Market Cap: ر.س557.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

Citra Tubindo

Market Cap: Rp4.6t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Padma Oil

Market Cap: ৳17.4b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Jamuna Bank

Market Cap: ৳22.3b

Provides various banking products and services in Bangladesh.

Sichuan Fulin Transportation Group

Market Cap: CN¥4.5b

Sichuan Fulin Transportation Group Co., Ltd.

Palasino Holdings

Market Cap: HK$1.8b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

Gulf Insurance Group - Jordan

Market Cap: د.أ81.9m

Engages in the insurance business in Jordan, the Middle East, North Africa, Europe, Asia, America, and the Near East.

Bahrain National Holding Company B.S.C

Market Cap: ب.د60.1m

Bahrain National Holding Company B.S.C., together with its subsidiaries, asset management services in the Kingdom of Bahrain and other GCC countries.

Jordanian Duty Free Shops

Market Cap: د.أ152.6m

Invests in, operates, and manages duty-free shops.

Baazeem Trading

Market Cap: ر.س540.7m

Operates as a FMCG distribution company.

Nofoth Food Products

Market Cap: ر.س810.7m

Produces and sells bakery products in Saudi Arabia.

Cairo Amman Bank

Market Cap: د.أ274.0m

Provides various banking and financial services for corporate and institutional customers.

Saudi Chemical Holding

Market Cap: ر.س6.3b

Engages in the manufacture, distribution, and retail of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers and its related spare parts, and food products.

Najran Cement

Market Cap: ر.س1.0b

Engages in the manufacture and sale of cement products in the Kingdom of Saudi Arabia.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك169.1m

Engages in insurance and reinsurance operations in Kuwait.

Infinity Capital Investments

Market Cap: RON 1.5b

A private equity and venture capital firm specializing in investments in asset management, expansion, development, start-up, growth capital, turnaround, and restructuring.

Canal Shipping Agencies

Market Cap: ج.م8.6b

Provides various shipping services to the international commercial fleet in Egypt.