Emirati Capital Goods Potentially Undervalued Companies

Modon Holding PSC

Market Cap: د.إ53.8b

Engages in the real estate, hospitality, and investment activities in the United Arab Emirates and internationally.

Orascom Construction

Market Cap: US$573.3m

Operates as an engineering and construction contractor for infrastructure, complex industrial, and high-end commercial projects in the United States, the Middle East, Africa, and Central Asia.

R.A.K. Ceramics P.J.S.C

Market Cap: د.إ2.4b

Engages in manufacture and sale of various ceramic products in the Middle East, Europe, Asian countries, and internationally.

NMDC Group PJSC

Market Cap: د.إ21.1b

Together with subsidiaries, executes engineering, procurement, and construction contracts, and dredging contracts and related land reclamation works in the United Arab Emirates and internationally.