Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

MOBI Industry

Market Cap: ر.س560.0m

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

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.5b

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

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

Market Cap: د.ك46.0m

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

First Investment Company K.S.C.P

Market Cap: د.ك57.1m

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

Baazeem Trading

Market Cap: ر.س629.8m

Operates as a FMCG distribution company.

Nofoth Food Products

Market Cap: ر.س938.4m

Produces and sells bakery products in Saudi Arabia.

Shangri-La Hotel

Market Cap: ฿5.5b

Operates hotels in Bangkok and Chiang Mai provinces.

Sokouk Holding Company K.S.C.P

Market Cap: د.ك46.1m

Engages in managing real estate projects in Kuwait.

National Investments Company K.S.C.P

Market Cap: د.ك241.5m

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

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك192.5m

Engages in insurance and reinsurance operations in Kuwait.

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

Market Cap: د.ك31.2m

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

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

Market Cap: د.ك67.5m

A private equity firm specializing in direct and fund investments.

Qassim Cement

Market Cap: ر.س4.5b

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

Najran Cement

Market Cap: ر.س1.1b

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

Etihad GO Telecom

Market Cap: ر.س3.0b

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

National Environmental Recycling

Market Cap: ر.س717.8m

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

Jamuna Bank

Market Cap: ৳19.7b

Provides various banking products and services in Bangladesh.

Sure Global Tech

Market Cap: ر.س462.2m

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

Kuwait Insurance CompanyK.P

Market Cap: د.ك116.1m

Provides various insurance products and services in Kuwait.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك380.6m

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.

Procimmo Group

Market Cap: CHF 364.9m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Gulf Insurance Group - Jordan

Market Cap: د.أ79.3m

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

Cairo Amman Bank

Market Cap: د.أ308.0m

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

Jordanian Duty Free Shops

Market Cap: د.أ144.0m

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

Padma Oil

Market Cap: ৳16.5b

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

Payton Industries

Market Cap: ₪521.5m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Capricorn Group

Market Cap: R13.2b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Cyprus Cement

Market Cap: €171.5m

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

Sopharma AD

Market Cap: лв1.4b

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

Freetrailer Group

Market Cap: €753.0m

A technology company, operates a sharing-economy platform for the free rental of trailers and cargo bikes in Denmark, Sweden, Germany, and the Netherlands.

Central Forest Group

Market Cap: JP¥21.9b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

ANSA Merchant Bank

Market Cap: TT$2.4b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.

Inversiones Doalca SOCIMI

Market Cap: €156.6m

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

Smart Organic AD

Market Cap: лв372.0m

Produces and distributes organic food products in Bulgaria, the European Union, Asia, and the Americas.

Liburnia Riviera Hoteli d.d

Market Cap: €154.3m

Provides accommodation and hospitality services in Croatia, Germany, Austria, Italy, Hungary, Slovenia, Ukraine, Czech, other European countries, and internationally.