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The Middle Eastern stock markets have recently faced downward pressure, influenced by global trade tensions and declining oil prices. Despite these challenges, certain investment opportunities remain appealing, particularly in the realm of penny stocks. Although the term "penny stocks" might seem outdated, these smaller or newer companies can offer significant growth potential at lower price points when they possess strong financials and clear growth trajectories.
Top 10 Penny Stocks In The Middle East
| Name | Share Price | Market Cap | Financial Health Rating |
| Thob Al Aseel (SASE:4012) | SAR4.13 | SAR1.65B | ★★★★★★ |
| Keir International (SASE:9542) | SAR4.40 | SAR528M | ★★★★★☆ |
| Alarum Technologies (TASE:ALAR) | ₪2.401 | ₪166.49M | ★★★★★★ |
| Oil Refineries (TASE:ORL) | ₪0.914 | ₪2.84B | ★★★★★☆ |
| Tarya Israel (TASE:TRA) | ₪0.596 | ₪176.93M | ★★★★★☆ |
| Tgi Infrastructures (TASE:TGI) | ₪2.208 | ₪164.15M | ★★★★★★ |
| Union Properties (DFM:UPP) | AED0.529 | AED2.26B | ★★★★☆☆ |
| Sharjah Cement and Industrial Development (PJSC) (ADX:SCIDC) | AED0.767 | AED466.53M | ★★★★★★ |
| E7 Group PJSC (ADX:E7) | AED1.02 | AED2.08B | ★★★★★★ |
| Dubai Investments PJSC (DFM:DIC) | AED2.35 | AED10.03B | ★★★★☆☆ |
Click here to see the full list of 96 stocks from our Middle Eastern Penny Stocks screener.
Let's dive into some prime choices out of the screener.
Hub Girisim Sermayesi Yatirim Ortakligi
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Hub Girisim Sermayesi Yatirim Ortakligi A.S. operates as a venture capital investment company with a market cap of TRY487.20 million.
Operations: Hub Girisim Sermayesi Yatirim Ortakligi A.S. has not reported any specific revenue segments.
Market Cap: TRY487.2M
Hub Girisim Sermayesi Yatirim Ortakligi A.S., with a market cap of TRY487.20 million, is pre-revenue, generating less than US$1m in revenue. Despite being unprofitable, the company benefits from a strong cash position, ensuring a runway exceeding three years due to positive free cash flow. It operates without debt and has short-term assets (TRY17.5M) surpassing both its long-term liabilities (TRY266.6K) and short-term liabilities (TRY8.8M). The board's average tenure of 3.6 years suggests experience, while shareholders have not faced significant dilution recently despite ongoing losses increasing by 24.3% annually over five years.
Big Tech 50 R&D-Limited Partnership
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Big Tech 50 R&D-Limited Partnership focuses on investing in technology companies in Israel, with a market cap of ₪17.58 million.