Middle Eastern Penny Stocks: 3 Picks With Market Caps Over US$40M

Apr 1, 2025
middle-eastern-penny-stocks:-3-picks-with-market-caps-over-us$40m

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editorial-team@simplywallst.com (Simply Wall St)

4 min read

In This Article:

The Middle Eastern stock markets have recently been under pressure, with ex-dividend stocks weighing heavily on indices in the UAE. Despite these challenges, there remains a segment of the market that continues to intrigue investors: penny stocks. While the term may seem outdated, these smaller or newer companies often present unique growth opportunities when backed by solid financials and fundamentals.

Name

Share Price

Market Cap

Financial Health Rating

Thob Al Aseel (SASE:4012)

SAR4.10

SAR1.65B

★★★★★★

Keir International (SASE:9542)

SAR4.40

SAR528M

★★★★★☆

Alarum Technologies (TASE:ALAR)

₪2.20

₪152.55M

★★★★★★

Oil Refineries (TASE:ORL)

₪0.883

₪2.74B

★★★★★☆

Big Tech 50 R&D-Limited Partnership (TASE:BIGT)

₪1.686

₪17.89M

★★★★☆☆

Tarya Israel (TASE:TRA)

₪0.586

₪173.96M

★★★★★☆

Tgi Infrastructures (TASE:TGI)

₪2.282

₪169.65M

★★★★★★

Sharjah Cement and Industrial Development (PJSC) (ADX:SCIDC)

AED0.755

AED473.22M

★★★★★★

Dubai National Insurance & Reinsurance (P.S.C.) (DFM:DNIR)

AED3.83

AED442.37M

★★★★★★

Dubai Investments PJSC (DFM:DIC)

AED2.38

AED10.08B

★★★★☆☆

Click here to see the full list of 92 stocks from our Middle Eastern Penny Stocks screener.

We’ll examine a selection from our screener results.

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

Overview: E7 Group PJSC operates in the security, commercial printing, packaging, and distribution sectors within the United Arab Emirates and has a market capitalization of AED20.79 billion.

Operations: The company generates revenue of AED700.71 million from its operations in the United Arab Emirates.

Market Cap: AED2.08B

E7 Group PJSC has demonstrated financial stability and growth, with a significant reduction in its debt to equity ratio from 10.9% to 0.8% over the past five years, and more cash than total debt. The company’s profitability has improved, transitioning from a net loss of AED51.11 million in the previous year to a net income of AED233.09 million for 2024, alongside revenue growth to AED700.71 million from AED631.93 million last year. E7’s short-term assets significantly exceed both short- and long-term liabilities, indicating robust liquidity management while maintaining high-quality earnings without shareholder dilution recently.

ADX:E7 Financial Position Analysis as at Apr 2025

ADX:E7 Financial Position Analysis as at Apr 2025

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

Overview: Ajman Bank PJSC offers a range of banking products and services to individuals, businesses, and government institutions in the United Arab Emirates, with a market capitalization of AED4.25 billion.


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