Middle Eastern Penny Stocks To Watch In March 2025

As Middle Eastern markets experience fluctuations due to global trade tensions, particularly with recent automobile tariffs impacting various sectors, investors are closely monitoring opportunities that might emerge amidst the volatility. Penny stocks, though an older term, remain relevant as they often represent smaller or less-established companies that can offer significant value. By focusing on those with strong financials and clear growth potential, investors may find promising opportunities in this niche market segment.

Top 10 Penny Stocks In The Middle East

Click here to see the full list of 95 stocks from our Middle Eastern Penny Stocks screener.

Let's explore several standout options from the results in the screener.

Sharjah Insurance Company P.S.C (ADX:SICO)

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Sharjah Insurance Company P.S.C. provides general and life insurance products in the United Arab Emirates and internationally, with a market cap of AED247.50 million.

Operations: The company has not reported any specific revenue segments.

Market Cap: AED247.5M

Sharjah Insurance Company P.S.C. faces challenges typical of penny stocks, with recent earnings showing a significant decline, reporting AED 5.26 million in net income for 2024 compared to AED 16.21 million the previous year. Despite having more cash than debt and strong coverage of short-term liabilities by assets, its profitability has been declining with a current net profit margin of 10.3%, down from last year's 44.4%. The dividend yield stands at 4.24% but is not well covered by earnings or free cash flow, indicating potential sustainability issues amidst negative earnings growth and low return on equity at 2.1%.

• Click to explore a detailed breakdown of our findings in Sharjah Insurance Company P.S.C's financial health report.
• Gain insights into Sharjah Insurance Company P.S.C's past trends and performance with our report on the company's historical track record.

Gilat Telecom Global (TASE:GLTL)

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Gilat Telecom Global Ltd offers communication services via satellite, fiber optic infrastructures, and radio systems both in Israel and internationally, with a market cap of ₪47.97 million.

Operations: The company generates revenue from three main segments: the Global Business Market ($20.93 million), Government and Security Market ($36.94 million), and Communication and Internet in Israel ($13.84 million).

Market Cap: ₪47.97M

Gilat Telecom Global Ltd, with a market cap of ₪47.97 million, has shown financial resilience by becoming profitable recently and maintaining high-quality earnings. The company has reduced its debt-to-equity ratio significantly over five years and holds more cash than total debt, indicating strong financial management. However, the company's interest coverage is low at 1.6 times EBIT, suggesting potential challenges in meeting interest obligations. Its short-term assets ($28.1 million) fall short of covering short-term liabilities ($37.9 million), but long-term liabilities are well covered by these assets, reflecting a mixed liquidity position amidst stable weekly volatility at 5%.

• Jump into the full analysis health report here for a deeper understanding of Gilat Telecom Global.
• Learn about Gilat Telecom Global's historical performance here.

Tgi Infrastructures (TASE:TGI)

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Tgi Infrastructures Ltd, along with its subsidiary, specializes in producing, processing, assembling, and marketing magnesium-based mechanical assemblies for the automotive industry in Israel and has a market cap of ₪170.91 million.

Operations: Tgi Infrastructures Ltd does not report distinct revenue segments.

Market Cap: ₪170.91M

Tgi Infrastructures Ltd, with a market cap of ₪170.91 million, demonstrates financial stability through satisfactory net debt to equity and well-covered interest payments by EBIT. The company has reduced its debt significantly over five years and maintains an experienced management team. Despite negative earnings growth last year, TGI's profit margins have improved slightly, reflecting high-quality earnings. However, the dividend is not well covered by earnings or free cash flows. Recent earnings showed a decline in sales to ILS 162.77 million but an increase in net income to ILS 17.26 million, indicating some resilience despite challenges in revenue growth.

• Click here to discover the nuances of Tgi Infrastructures with our detailed analytical financial health report.
• Explore historical data to track Tgi Infrastructures' performance over time in our past results report.

Where To Now?

• Jump into our full catalog of 95 Middle Eastern Penny Stocks 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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