Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

National Investments Company K.S.C.P

Market Cap: د.ك261.4m

Engages in the investment, treasury, real estate, asset management, advisory, and brokerage businesses in Kuwait, GCC countries, and internationally.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.7b

Develops, manufactures, and sells medicines in Bulgaria.

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

Market Cap: د.ك79.3m

A private equity firm specializing in direct and fund investments.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك391.1m

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.

Qassim Cement

Market Cap: ر.س4.6b

Engages in the manufacture and selling of cement in the Kingdom of Saudi Arabia.

Baazeem Trading

Market Cap: ر.س663.2m

Operates as a FMCG distribution company.

Cairo Amman Bank

Market Cap: د.أ288.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

Cyprus Cement

Market Cap: €178.3m

Engages in the manufacturing and sale of cement and related business in Cyprus.

Maistra d.d

Market Cap: €607.4m

Engages in the hotel business in Croatia.

Performance Technologies

Market Cap: €107.2m

Provides IT solutions in Greece.

Zespól Elektrocieplowni Wroclawskich KOGENERACJA

Market Cap: zł937.2m

Zespól Elektrocieplowni Wroclawskich KOGENERACJA S.A.

Inmocemento

Market Cap: €1.6b

Through its subsidiaries, engages in the cement and real estate businesses in Spain and internationally.

Sopharma AD

Market Cap: лв1.4b

Produces, distributes, and exports pharmaceutical products in Europe, Bulgaria, and internationally.

Najran Cement

Market Cap: ر.س1.2b

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

Citra Tubindo

Market Cap: Rp4.2t

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

Etihad Atheeb Telecommunication

Market Cap: ر.س3.4b

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

Hua Na Hydropower

Market Cap: ₫5.5t

Engages in the electricity generation activities.

Jamuna Bank

Market Cap: ৳19.7b

Provides various banking products and services in Bangladesh.

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

Market Cap: Mex$30.3b

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

Nofoth Food Products

Market Cap: ر.س1.1b

Produces and sells bakery products in Saudi Arabia.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.4b

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

Gulf Insurance Group - Jordan

Market Cap: د.أ84.5m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك47.3m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

MOBI Industry

Market Cap: ر.س595.0m

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

Ruentex Interior Design

Market Cap: NT$3.5b

Engages in the interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

Al-Enma'a Real Estate Company K.S.C.P

Market Cap: د.ك31.4m

Engages in the contracting, management, and maintenance of real estate in Kuwait and the Gulf Countries.

Kuwait Insurance CompanyK.P

Market Cap: د.ك102.6m

Provides various insurance products and services in Kuwait.

Jordanian Duty Free Shops

Market Cap: د.أ148.5m

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

Practic

Market Cap: RON 712.8m

Engages in the lease and sublease of real estate properties in Romania.

Birikim Varlik Yonetim Anonim Sirketi

Market Cap: ₺4.7b

Operates as an asset management company.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك186.7m

Engages in insurance and reinsurance operations in Kuwait.

Sure Global Tech

Market Cap: ر.س451.3m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

SALUS Ljubljana d. d

Market Cap: €407.7m

Engages in the distribution, promotion, sales services, and value-added services for medicinal products or medical devices in Slovenia and internationally.

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi

Market Cap: ₺11.4b

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi A.S.

GB Holdings

Market Cap: US$54.7m

Provides rubber and chemical products in Zimbabwe.