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Middle Eastern Penny Stocks: 3 Picks With Market Caps Under US$2B

The Middle Eastern stock markets have recently shown resilience, with most Gulf bourses gaining on upbeat earnings and easing geopolitical tensions. For investors looking beyond the major players, penny stocks—often representing smaller or newer companies—offer intriguing possibilities. While the term may seem outdated, these stocks can still provide a mix of affordability and growth potential when backed by strong financials.