Simply Wall St
4 min read
The Middle Eastern stock markets have recently shown positive momentum, driven by encouraging developments in US-Iran diplomatic talks and record highs in Egypt’s indices. Amidst this backdrop, the concept of penny stocks continues to hold relevance as these smaller or newer companies can present unique investment opportunities when they possess strong financial foundations. In this article, we will explore three noteworthy penny stocks from the region that stand out for their financial strength and potential for growth.
|
Name |
Share Price |
Market Cap |
Financial Health Rating |
|
ADNOC Gas (ADX:ADNOCGAS) |
AED3.69 |
AED285.44B |
★★★★★☆ |
|
Thob Al Aseel (SASE:4012) |
SAR3.72 |
SAR1.49B |
★★★★★★ |
|
Alarum Technologies (TASE:ALAR) |
₪1.96 |
₪153.84M |
★★★★★☆ |
|
E7 Group PJSC (ADX:E7) |
AED1.08 |
AED2.18B |
★★★★★★ |
|
Sharjah Insurance Company P.S.C (ADX:SICO) |
AED1.52 |
AED228M |
★★★★★★ |
|
Al Wathba National Insurance Company PJSC (ADX:AWNIC) |
AED3.55 |
AED734.85M |
★★★★★★ |
|
Dubai National Insurance & Reinsurance (P.S.C.) (DFM:DNIR) |
AED3.25 |
AED375.38M |
★★★★★★ |
|
Dubai Investments PJSC (DFM:DIC) |
AED4.16 |
AED17.73B |
★★★★☆☆ |
|
Sharjah Cement and Industrial Development (PJSC) (ADX:SCIDC) |
AED0.929 |
AED565.07M |
★★★★★★ |
|
Tgi Infrastructures (TASE:TGI) |
₪2.60 |
₪203.15M |
★★★★★★ |
Click here to see the full list of 73 stocks from our Middle Eastern Penny Stocks screener.
Let’s dive into some prime choices out of the screener.
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: Akdeniz Yatirim Holding A.S. is a diversified company in Türkiye engaged in the plastic, chemical, renewable energy, agriculture and livestock, and environment and waste systems sectors, with a market cap of TRY723.84 million.
Operations: The company’s revenue is primarily generated from its Security Services segment, which accounts for TRY75 million.
Market Cap: TRY723.84M
Akdeniz Yatirim Holding A.S., with a market cap of TRY723.84 million, operates across several sectors but primarily generates revenue from its Security Services segment. Despite having short-term assets (TRY181.1M) that exceed both short-term and long-term liabilities, the company remains unprofitable with a negative return on equity (-21.24%) and declining earnings over the past five years at 25.3% per year. Recent earnings reports indicate decreased sales and a net loss for 2025’s nine months compared to the previous year, highlighting ongoing financial challenges amidst limited cash runway under one year based on current free cash flow trends.
