Undiscovered Gems in the Middle East for December 2025

As the Middle East markets experience a positive shift, driven by steady oil prices and a rebound in key Gulf indices, investors are keeping a close eye on emerging opportunities within the region. In this environment, identifying stocks with strong fundamentals and growth potential becomes crucial for those looking to capitalize on the evolving market landscape.

Top 10 Undiscovered Gems With Strong Fundamentals In The Middle East

Name	Debt To Equity	Revenue Growth	Earnings Growth	Health Rating
Qassim Cement	NA	4.02%	-11.40%	★★★★★★
Sure Global Tech	NA	10.11%	15.42%	★★★★★★
Baazeem Trading	10.02%	-1.27%	-1.66%	★★★★★★
Payton Industries	NA	3.44%	14.24%	★★★★★★
MOBI Industry	18.09%	6.66%	22.02%	★★★★★★
Nofoth Food Products	NA	15.49%	26.47%	★★★★★★
Saudi Azm for Communication and Information Technology	3.26%	17.17%	23.30%	★★★★★★
Najran Cement	14.49%	-4.20%	-30.16%	★★★★★★
Etihad GO Telecom	0.85%	38.36%	57.78%	★★★★★☆
National Environmental Recycling	69.43%	43.47%	32.77%	★★★★☆☆

Click here to see the full list of 183 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener.

Here's a peek at a few of the choices from the screener.

E7 Group PJSC (ADX:E7)

Simply Wall St Value Rating: ★★★★★★

Overview: E7 Group PJSC operates in the commercial printing, packaging, and distribution sectors within the United Arab Emirates with a market capitalization of AED2.08 billion.

Operations: E7 Group PJSC generates revenue primarily from its printing segment, contributing AED599.21 million, and distribution, adding AED76.53 million. The company's financial performance is influenced by these core segments with a market capitalization of approximately AED2.08 billion.

E7 Group PJSC, a promising player in the identity solutions sector, has shown significant earnings growth of 814.6% over the past year, outpacing the industry average of 7.1%. Despite trading at 20.7% below its estimated fair value, E7 remains debt-free and focuses on strategic partnerships like its recent collaboration with 7I Holding to enhance R&D and expand market reach. Although sales for Q3 2025 were AED 173.64 million compared to AED 190.9 million a year ago, their strategic initiatives aim to bolster future growth in secure printing and identity management services globally.

• Unlock comprehensive insights into our analysis of E7 Group PJSC stock in this health report.

• Review our historical performance report to gain insights into E7 Group PJSC's's past performance.

Pasifik Teknoloji (IBSE:PATEK)

Simply Wall St Value Rating: ★★★★☆☆

Overview: Pasifik Teknoloji A.S. supplies computer hardware, electronic products, and software to corporate clients in Turkey, with a market cap of TRY15 billion.

Operations: Pasifik Teknoloji generates revenue primarily from the sale of computer hardware, electronic products, and software to corporate clients in Turkey. The company's net profit margin is observed at 7%.

Pasifik Teknoloji, a notable player in the Middle East's tech scene, has shown significant growth with sales reaching TRY 528.74 million in Q3 2025 from TRY 329.66 million the previous year. Net income skyrocketed to TRY 616.29 million compared to TRY 38.08 million a year ago, highlighting its profitability surge and high-quality earnings. The company also reported basic earnings per share of TRY 1.0272 for Q3, up from TRY 0.0635 last year, reflecting robust financial health despite volatile share prices recently observed over three months and being added to the S&P Global BMI Index suggests increased market recognition.

• Click to explore a detailed breakdown of our findings in Pasifik Teknoloji's health report.

• Gain insights into Pasifik Teknoloji's historical performance by reviewing our past performance report.

Gas Arabian Services (SASE:4146)

Simply Wall St Value Rating: ★★★★★★

Overview: Gas Arabian Services Company operates in the Kingdom of Saudi Arabia, offering products and services in automation, instrumentation, field services, mechanical, and piping fields with a market capitalization of SAR2.13 billion.

Operations: Gas Arabian Services generates revenue primarily from three segments: Trading (SAR521.52 million), Manufacturing (SAR39.08 million), and Technical Services (SAR793.69 million).

Gas Arabian Services, a promising player in the Middle East, showcases a compelling investment narrative. With its price-to-earnings ratio at 15.1x, it stands attractively below the SA market average of 17.8x. The company has impressively reduced its debt over five years from a debt-to-equity ratio of 12.3% to being completely debt-free today, highlighting strong financial management. Its earnings growth rate of 35% over the past year outpaces the Trade Distributors industry average of 7%, indicating robust performance and potential for future expansion. Recent inclusion in major indices like S&P Pan Arab Composite further underscores its growing market recognition and credibility.

• Click here and access our complete health analysis report to understand the dynamics of Gas Arabian Services.

• Learn about Gas Arabian Services' historical performance.

Seize The Opportunity

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Curious About Other Options?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

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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