The Middle Eastern stock markets have recently faced downward pressure, influenced by global trade tensions and declining oil prices. Despite these challenges, certain investment opportunities remain appealing, particularly in the realm of penny stocks. Although the term "penny stocks" might seem outdated, these smaller or newer companies can offer significant growth potential at lower price points when they possess strong financials and clear growth trajectories.
Top 10 Penny Stocks In The Middle East
| Name | Share Price | Market Cap | Rewards & Risks |
| Thob Al Aseel (SASE:4012) | SAR4.13 | SAR1.65B | ✅ 2 ⚠️ 1 View Analysis > |
| Keir International (SASE:9542) | SAR4.40 | SAR528M | ✅ 2 ⚠️ 3 View Analysis > |
| Alarum Technologies (TASE:ALAR) | ₪2.401 | ₪166.49M | ✅ 4 ⚠️ 2 View Analysis > |
| Oil Refineries (TASE:ORL) | ₪0.914 | ₪2.84B | ✅ 1 ⚠️ 2 View Analysis > |
| Tarya Israel (TASE:TRA) | ₪0.596 | ₪176.93M | ✅ 2 ⚠️ 2 View Analysis > |
| Tgi Infrastructures (TASE:TGI) | ₪2.208 | ₪164.15M | ✅ 1 ⚠️ 2 View Analysis > |
| Union Properties (DFM:UPP) | AED0.529 | AED2.26B | ✅ 3 ⚠️ 3 View Analysis > |
| Sharjah Cement and Industrial Development (PJSC) (ADX:SCIDC) | AED0.767 | AED466.53M | ✅ 2 ⚠️ 2 View Analysis > |
| E7 Group PJSC (ADX:E7) | AED1.02 | AED2.08B | ✅ 3 ⚠️ 2 View Analysis > |
| Dubai Investments PJSC (DFM:DIC) | AED2.35 | AED10.03B | ✅ 3 ⚠️ 3 View Analysis > |
Click here to see the full list of 96 stocks from our Middle Eastern Penny Stocks screener.
Let's dive into some prime choices out of the screener.
Hub Girisim Sermayesi Yatirim Ortakligi (IBSE:HUBVC)
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Hub Girisim Sermayesi Yatirim Ortakligi A.S. operates as a venture capital investment company with a market cap of TRY487.20 million.
Operations: Hub Girisim Sermayesi Yatirim Ortakligi A.S. has not reported any specific revenue segments.
Market Cap: TRY487.2M
Hub Girisim Sermayesi Yatirim Ortakligi A.S., with a market cap of TRY487.20 million, is pre-revenue, generating less than US$1m in revenue. Despite being unprofitable, the company benefits from a strong cash position, ensuring a runway exceeding three years due to positive free cash flow. It operates without debt and has short-term assets (TRY17.5M) surpassing both its long-term liabilities (TRY266.6K) and short-term liabilities (TRY8.8M). The board's average tenure of 3.6 years suggests experience, while shareholders have not faced significant dilution recently despite ongoing losses increasing by 24.3% annually over five years.
- Click here and access our complete financial health analysis report to understand the dynamics of Hub Girisim Sermayesi Yatirim Ortakligi.
- Understand Hub Girisim Sermayesi Yatirim Ortakligi's track record by examining our performance history report.
Big Tech 50 R&D-Limited Partnership (TASE:BIGT)
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Big Tech 50 R&D-Limited Partnership focuses on investing in technology companies in Israel, with a market cap of ₪17.58 million.
Operations: Big Tech 50 R&D-Limited Partnership has not reported any revenue segments.
Market Cap: ₪17.58M
Big Tech 50 R&D-Limited Partnership, with a market cap of ₪17.58 million, is pre-revenue and reported negative revenue of US$5.22 million for 2024. Despite being unprofitable, the company has no debt and maintains a strong cash runway exceeding three years based on current free cash flow. Its short-term assets of US$2.8 million comfortably cover short-term liabilities of US$99K, while the board's average tenure stands at 4.1 years, indicating experience. However, earnings have declined significantly over five years with increased losses and high share price volatility persists in recent months.
- Get an in-depth perspective on Big Tech 50 R&D-Limited Partnership's performance by reading our balance sheet health report here.
- Gain insights into Big Tech 50 R&D-Limited Partnership's historical outcomes by reviewing our past performance report.
SavorEat (TASE:SVRT)
Simply Wall St Financial Health Rating: ★★★★★★
Overview: SavorEat Ltd. is a company that specializes in cellulose-based meat substitutes, offering products designed to mimic the eating experience of real meat, with a market cap of ₪5.26 million.
Operations: SavorEat Ltd. has not reported any specific revenue segments at this time.
Market Cap: ₪5.26M
SavorEat Ltd., with a market cap of ₪5.26 million, is pre-revenue, reporting less than US$1 million in revenue. Despite being unprofitable, the company has no debt and maintains a cash runway exceeding one year based on current free cash flow. The board's average tenure of 5.2 years suggests experience, while short-term assets of ₪11.3 million surpass short-term liabilities of ₪1.2 million comfortably. Recent earnings results showed a reduced net loss of ILS 10.7 million for 2024 compared to the previous year’s ILS 13.26 million, indicating some improvement despite ongoing challenges in profitability and growth expectations.
- Unlock comprehensive insights into our analysis of SavorEat stock in this financial health report.
- Learn about SavorEat's historical performance here.
Make It Happen
- Explore the 96 names from our Middle Eastern Penny Stocks screener 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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