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.

Ideal Capital Berhad

Market Cap: RM 1.8b

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

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.

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.

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.

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.

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.

Canal Shipping Agencies

Market Cap: ج.م8.6b

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

Payton Industries

Market Cap: ₪561.6m

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.

Central Forest Group

Market Cap: JP¥22.6b

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

Soma Gold

Market Cap: CA$200.8m

A natural resource company, engages in the acquisition, exploration, and development of mineral properties in Columbia.

Union Bankshares

Market Cap: US$107.5m

Operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in the United States.

Bank of Africa Mali

Market Cap: XOF 130.7b

Provides various banking products and services to individuals, business customers, and SMEs in Mali.

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م24.3b

Engages in the establishment and management of technology zones, scientific incubators, and training centers for the preparation of researchers, transfer technology, and related services in Egypt.

Sociedad Matriz SAAM

Market Cap: CL$1.5t

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

Export Development Bank of Egypt (S.A.E.)

Market Cap: ج.م22.3b

Provides various banking products and services in Egypt.

First Northern Community Bancorp

Market Cap: US$260.9m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.