The Middle Eastern stock markets have recently shown mixed performance, with Gulf bourses reacting to global economic developments such as concerns over U.S. Federal Reserve independence and fluctuating oil prices. In this context, penny stocks—though a somewhat outdated term—remain an intriguing investment area for those interested in smaller or newer companies that may offer growth opportunities. By focusing on penny stocks with strong financial health, investors can potentially uncover valuable opportunities amidst the current market dynamics.
Top 10 Penny Stocks In The Middle East
| Name | Share Price | Market Cap | Rewards & Risks |
| Maharah for Human Resources (SASE:1831) | SAR4.84 | SAR2.18B | ✅ 2 ⚠️ 3 View Analysis > |
| Thob Al Aseel (SASE:4012) | SAR3.80 | SAR1.52B | ✅ 2 ⚠️ 1 View Analysis > |
| E7 Group PJSC (ADX:E7) | AED1.54 | AED3.06B | ✅ 2 ⚠️ 3 View Analysis > |
| Al Wathba National Insurance Company PJSC (ADX:AWNIC) | AED3.30 | AED683.1M | ✅ 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) | AED2.88 | AED12.25B | ✅ 3 ⚠️ 3 View Analysis > |
| Al Dhafra Insurance Company P.S.C (ADX:DHAFRA) | AED4.86 | AED486M | ✅ 1 ⚠️ 2 View Analysis > |
| Union Properties (DFM:UPP) | AED0.866 | AED3.72B | ✅ 1 ⚠️ 3 View Analysis > |
| Sharjah Cement and Industrial Development (PJSC) (ADX:SCIDC) | AED0.87 | AED529.18M | ✅ 2 ⚠️ 2 View Analysis > |
| Tgi Infrastructures (TASE:TGI) | ₪2.891 | ₪214.92M | ✅ 2 ⚠️ 2 View Analysis > |
Click here to see the full list of 78 stocks from our Middle Eastern Penny Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Commercial Bank International P.S.C (ADX:CBI)
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: Commercial Bank International P.S.C., along with its subsidiaries, offers a range of banking products and services to individuals and businesses in the United Arab Emirates and internationally, with a market cap of AED1.74 billion.
Operations: The company's revenue is primarily derived from its Real Estate segment at AED264.95 million, followed by Wholesale Banking at AED229.94 million, Treasury at AED54.20 million, and Retail Banking at AED54.02 million.
Market Cap: AED1.74B
Commercial Bank International P.S.C. has shown steady earnings growth, with a five-year average of 34.2% annually, though recent growth at 13.1% lags behind the banking industry. The bank's net interest income for the second quarter increased to AED94.53 million from AED86.5 million year-over-year, but net income slightly decreased to AED42.6 million from AED44.55 million due to lower profit margins and a high level of bad loans at 15.7%. Despite this, CBI maintains an appropriate Loans to Deposits ratio of 84%, supported by primarily low-risk funding sources like customer deposits, indicating financial stability amidst share price volatility.
- Get an in-depth perspective on Commercial Bank International P.S.C's performance by reading our balance sheet health report here.
- Assess Commercial Bank International P.S.C's previous results with our detailed historical performance reports.
Inter Industries Plus (TASE:ININ)
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Inter Industries Plus Ltd., along with its subsidiaries, operates in the energy and infrastructure sectors in Israel, with a market cap of ₪103.43 million.
Operations: The company generates revenue through its Projects segment, contributing ₪387.72 million, and its Trade and Services segment, adding ₪316.56 million.
Market Cap: ₪103.43M
Inter Industries Plus Ltd., operating in Israel's energy and infrastructure sectors, has a market cap of ₪103.43 million. Despite being unprofitable, the company maintains a satisfactory net debt to equity ratio of 0.07% and its short-term assets of ₪338.5 million exceed both short and long-term liabilities, indicating strong liquidity management. The board and management team are relatively new with average tenures under two years, suggesting potential for strategic shifts. While earnings have declined by 15.5% annually over five years, the company has not meaningfully diluted shareholders recently and possesses a cash runway extending beyond three years based on current free cash flow trends.
- Dive into the specifics of Inter Industries Plus here with our thorough balance sheet health report.
- Explore historical data to track Inter Industries Plus' performance over time in our past results report.
PlantArc Bio (TASE:PLNT)
Simply Wall St Financial Health Rating: ★★★★★★
Overview: PlantArc Bio Ltd. is an Ag-Bio company focused on crop protection and yield enhancement, with a market cap of ₪6.30 million.
Operations: The company generates revenue from its Agricultural Biotech segment, totaling ₪4.40 million.
Market Cap: ₪6.3M
PlantArc Bio Ltd., with a market cap of ₪6.30 million, is pre-revenue, generating only ₪4.40 million from its Agricultural Biotech segment, indicating limited revenue streams. The company has managed to reduce losses by 0.9% annually over the past five years despite being unprofitable. PlantArc Bio is debt-free and maintains strong liquidity with short-term assets of ₪10.4 million exceeding both short and long-term liabilities, suggesting financial stability in the near term. The management team and board are experienced, averaging tenures of 4.9 and 4.4 years respectively, while weekly volatility has significantly decreased over the past year to 5%.
- Click to explore a detailed breakdown of our findings in PlantArc Bio's financial health report.
- Learn about PlantArc Bio's historical performance here.
Key Takeaways
- Explore the 78 names from our Middle Eastern Penny Stocks screener here.
- Want To Explore Some Alternatives? Trump's oil boom is here — pipelines are primed to profit. Discover the 22 US stocks riding the wave.
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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