As excitement over a potential U.S. interest rate cut fades, most Gulf markets have eased, reflecting the global economic sentiment and its implications for regional economies. Despite these broader market movements, penny stocks remain an intriguing area of investment due to their potential for growth in smaller or newer companies. While the term "penny stock" might seem outdated, these investments can still offer unique opportunities when backed by strong financials and strategic positioning.
Top 10 Penny Stocks In The Middle East
| Name | Share Price | Market Cap | Rewards & Risks |
| Maharah for Human Resources (SASE:1831) | SAR4.89 | SAR2.2B | ✅ 2 ⚠️ 3 View Analysis > |
| Thob Al Aseel (SASE:4012) | SAR3.74 | SAR1.5B | ✅ 2 ⚠️ 1 View Analysis > |
| E7 Group PJSC (ADX:E7) | AED1.57 | AED3.14B | ✅ 2 ⚠️ 3 View Analysis > |
| Katmerciler Arac Üstü Ekipman Sanayi ve Ticaret (IBSE:KATMR) | TRY3.25 | TRY3.5B | ✅ 2 ⚠️ 2 View Analysis > |
| Al Wathba National Insurance Company PJSC (ADX:AWNIC) | AED3.74 | AED776.25M | ✅ 2 ⚠️ 3 View Analysis > |
| Dubai National Insurance & Reinsurance (P.S.C.) (DFM:DNIR) | AED2.97 | AED392.7M | ✅ 2 ⚠️ 4 View Analysis > |
| Dubai Investments PJSC (DFM:DIC) | AED2.91 | AED12.37B | ✅ 3 ⚠️ 3 View Analysis > |
| Union Properties (DFM:UPP) | AED0.855 | AED3.66B | ✅ 1 ⚠️ 3 View Analysis > |
| Sharjah Cement and Industrial Development (PJSC) (ADX:SCIDC) | AED0.907 | AED551.69M | ✅ 2 ⚠️ 2 View Analysis > |
| Tgi Infrastructures (TASE:TGI) | ₪2.889 | ₪214.77M | ✅ 2 ⚠️ 3 View Analysis > |
Click here to see the full list of 80 stocks from our Middle Eastern Penny Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
E7 Group PJSC (ADX:E7)
Simply Wall St Financial Health Rating: ★★★★★★
Overview: E7 Group PJSC operates in the commercial printing, packaging, and distribution sectors in the United Arab Emirates with a market capitalization of AED3.14 billion.
Operations: The company generates revenue primarily from its printing segment, which accounts for AED615.95 million, and its distribution segment, contributing AED77.67 million.
Market Cap: AED3.14B
E7 Group PJSC, with a market capitalization of AED3.14 billion, operates in the commercial printing and distribution sectors in the UAE. The company has shown significant earnings growth over the past five years, though recent results indicate a decline in net income compared to last year. E7 is debt-free, with short-term assets significantly exceeding liabilities, providing financial stability. Recent announcements include a special cash dividend of AED800 million from voluntary reserves and an annual dividend commitment for the next three years. Despite high volatility and low return on equity at 9.5%, E7's forecasted earnings growth remains promising at 15.02% annually.
- Click here to discover the nuances of E7 Group PJSC with our detailed analytical financial health report.
- Learn about E7 Group PJSC's future growth trajectory here.
Dubai National Insurance & Reinsurance (P.S.C.) (DFM:DNIR)
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Dubai National Insurance & Reinsurance (P.S.C.) operates in the insurance and reinsurance industry, providing a range of coverage solutions, with a market cap of AED392.70 million.
Operations: The company generates revenue through its investments, amounting to AED34.61 million, and underwriting activities, which contribute AED298.36 million.
Market Cap: AED392.7M
Dubai National Insurance & Reinsurance (P.S.C.) has demonstrated strong financial performance with a net income of AED11.34 million for Q2 2025, rebounding from a loss the previous year. The company benefits from being debt-free, with short-term assets exceeding liabilities, indicating robust liquidity. Despite a low return on equity at 7.5%, its earnings grew by 52% over the past year, surpassing industry growth rates. However, recent results were influenced by large one-off gains of AED16.9 million. While highly volatile in share price recently and having an inexperienced management team, DNIR remains financially stable with improved profit margins at 19.3%.
- Navigate through the intricacies of Dubai National Insurance & Reinsurance (P.S.C.) with our comprehensive balance sheet health report here.
- Understand Dubai National Insurance & Reinsurance (P.S.C.)'s track record by examining our performance history report.
Sanica Isi Sanayi (IBSE:SNICA)
Simply Wall St Financial Health Rating: ★★★★★☆
Overview: Sanica Isi Sanayi A.S. operates in Turkey, offering radiators, combi boilers, and related products with a market cap of TRY2.82 billion.
Operations: The company generates revenue of TRY2.30 billion from its Building Products segment.
Market Cap: TRY2.82B
Sanica Isi Sanayi A.S., with a market cap of TRY2.82 billion, has demonstrated financial resilience despite being unprofitable. Its short-term assets of TRY2.3 billion comfortably cover both short and long-term liabilities, reflecting strong liquidity. The company's net debt to equity ratio is satisfactory at 25.1%, having improved significantly from 68.4% over five years, indicating effective debt management. Although the company trades at a substantial discount to its estimated fair value, it faces challenges with negative return on equity and insufficient interest coverage by EBIT, suggesting potential risks in profitability and operational efficiency moving forward.
- Jump into the full analysis health report here for a deeper understanding of Sanica Isi Sanayi.
- Gain insights into Sanica Isi Sanayi's past trends and performance with our report on the company's historical track record.
Where To Now?
- Investigate our full lineup of 80 Middle Eastern Penny Stocks right here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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