Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك187.9m

Engages in insurance and reinsurance operations in Kuwait.

Baazeem Trading

Market Cap: ر.س582.2m

Operates as a FMCG distribution company.

A'ayan Real Estate Company K.S.C.P

Market Cap: د.ك44.5m

Engages in the real estate development and investment activities in Kuwait and rest of GCC countries.

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

Market Cap: د.ك38.7m

A private equity firm specializing in direct and fund investments.

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

Market Cap: د.ك45.7m

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

Etihad Atheeb Telecommunication

Market Cap: ر.س3.3b

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

Najran Cement

Market Cap: ر.س1.4b

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

National Environmental Recycling

Market Cap: ر.س882.7m

National Environmental Recycling Company recycles electronic and electrical equipment in Asia, Middle East, Japan, and Europe.

Sure Global Tech

Market Cap: ر.س627.3m

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

MOBI Industry

Market Cap: ر.س655.0m

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

National Credit and Commerce Bank

Market Cap: ৳13.3b

Provides various commercial banking products and services in Bangladesh.

Voltamp Energy SAOG

Market Cap: ر.ع77.2m

Manufactures, distributes, and sells transformers, medium and low voltage switchgears, and panels in the Sultanate of Oman.

Linde Bangladesh

Market Cap: ৳15.1b

Manufactures and supplies industrial and medical gases, anesthesia, and ancillary equipment in Bangladesh.

Padma Oil

Market Cap: ৳19.9b

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

National Investments Company K.S.C.P

Market Cap: د.ك199.3m

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

Nofoth Food Products

Market Cap: ر.س1.2b

Produces and sells bakery products in Saudi Arabia.

Jamuna Bank

Market Cap: ৳18.3b

Provides various banking products and services in Bangladesh.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.7b

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

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك397.5m

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.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

DINE. de

Market Cap: Mex$14.2b

Develops real estate projects in Mexico.

Jordanian Duty Free Shops

Market Cap: د.أ155.3m

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

TSTE

Market Cap: ฿5.5b

Primarily engages in the production and distribution of wheat flour in Thailand.

Valhi

Market Cap: US$501.4m

Engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally.

Standard Bank

Market Cap: MK 563.9b

Provides banking and other related services in Malawi.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.4b

A publicly owned investment manager.

Sociedad Matriz SAAM

Market Cap: CL$1.1t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

Inversiones Doalca SOCIMI

Market Cap: €153.0m

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain.

First National Bank of Botswana

Market Cap: P13.5b

Provides various banking and related products and services to individuals, businesses, corporates, and private clients in Botswana.

Gulf Island Fabrication

Market Cap: US$116.0m

Operates as a fabricator of steel structures and modules in the United States.

Chilanga Cement

Market Cap: K6.1b

Engages in the manufacture and sale of cement products in Zambia.

La Forestière Equatoriale

Market Cap: €108.8m

Does not have any significant operations.

Rimoni Industries

Market Cap: ₪473.9m

Engages in the design, engineering, and manufacture of molds, and precise injection molding and assemblies for the medical, automotive, agricultural, high-tech, and consumer industries in Israel.

Itafos

Market Cap: CA$583.6m

Operates as a phosphate and specialty fertilizer company.

Transcorp Power

Market Cap: ₦2.4t

Engages in the generation and sale of electric power in Nigeria and internationally.