Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

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.

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.

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 Credit and Commerce Bank

Market Cap: ৳13.3b

Provides various commercial banking products and services in Bangladesh.

Capricorn Group

Market Cap: R11.0b

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

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

MAPFRE Middlesea

Market Cap: €110.4m

Provides non-life and life insurance products and services to individuals, small and medium enterprises, professionals, and businesses in Malta.

Arab Insurance Group (B.S.C.)

Market Cap: US$190.2m

Provides life and non-life reinsurance products and related services in the Afro Asia region.

Wilson Bank Holding

Market Cap: US$1.8b

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to consumers, professionals, small businesses, and municipalities in Tennessee.

Practic

Market Cap: RON 736.5m

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

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

Develops, manufactures, and sells medicines in Bulgaria.

Morris State Bancshares

Market Cap: US$265.7m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

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.

National Environmental Recycling

Market Cap: ر.س882.7m

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

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.

Saudi Chemical Holding

Market Cap: ر.س6.1b

Saudi Chemical Holding Company manufacture, wholesale, and retail trade of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment in the Kingdom of Saudi Arabia and internationally.

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.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.7b

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

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

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.

DINE. de

Market Cap: Mex$14.2b

Develops real estate projects in Mexico.

Jamuna Bank

Market Cap: ৳18.3b

Provides various banking products and services in Bangladesh.

Nofoth Food Products

Market Cap: ر.س1.2b

Produces and sells bakery products in Saudi Arabia.

Martifer SGPS

Market Cap: €211.2m

Operates in the metallic constructions and renewable energy development sectors in Portugal, Angola, Saudi Arabia, Europe, and internationally.

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.

Chilanga Cement

Market Cap: K6.1b

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