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Yahoo
5 hours ago
- Business
- Yahoo
Undiscovered Gems in Middle East Stocks for July 2025
As Gulf stocks gain momentum on earnings optimism and anticipation of the U.S. Federal Reserve's outlook, the Middle East market is buzzing with investor enthusiasm, particularly in Saudi Arabia and Dubai where indices have recently seen notable gains. In this dynamic environment, identifying promising stocks involves looking for companies that not only demonstrate resilience amid global trade developments but also capitalize on regional economic stability and growth opportunities. Top 10 Undiscovered Gems With Strong Fundamentals In The Middle East Name Debt To Equity Revenue Growth Earnings Growth Health Rating Baazeem Trading 8.48% -2.02% -2.70% ★★★★★★ Saudi Azm for Communication and Information Technology 1.94% 16.33% 21.26% ★★★★★★ MOBI Industry 6.50% 5.60% 24.00% ★★★★★★ Sure Global Tech NA 11.95% 18.65% ★★★★★★ Etihad Atheeb Telecommunication 1.05% 36.24% 62.23% ★★★★★★ Najran Cement 14.20% -2.87% -22.60% ★★★★★★ National General Insurance (P.J.S.C.) NA 14.55% 29.05% ★★★★★☆ National Corporation for Tourism and Hotels 19.25% 0.67% 4.89% ★★★★☆☆ National Environmental Recycling 69.43% 43.47% 32.77% ★★★★☆☆ Saudi Chemical Holding 79.49% 16.57% 44.01% ★★★★☆☆ Click here to see the full list of 224 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. Let's uncover some gems from our specialized screener. First Avenue Real Estate Development Simply Wall St Value Rating: ★★★★☆☆ Overview: First Avenue Real Estate Development Company focuses on investing in and developing real estate properties for the private sector in Saudi Arabia, with a market capitalization of SAR1.63 billion. Operations: First Avenue Real Estate Development generates revenue primarily from contracting (SAR149.50 million), sales and development (SAR74.79 million), real estate sales (SAR24.98 million), and rental sector activities (SAR5.67 million). The contracting segment is the largest contributor to its revenue streams. First Avenue Real Estate Development stands out with a notable 41.3% earnings growth over the past year, surpassing the industry average of 21.9%. Despite a high net debt to equity ratio at 41.1%, their interest payments are well covered by EBIT at 3.5 times coverage. A recent SAR320 million financing deal with Alinma Bank aims to bolster expansion plans, while a new construction contract for the Al-Hada Avenue Residential Project aligns with strategic alliances in real estate sectors. Their subsidiary's SAR60 million acquisition in Jeddah further emphasizes their focus on high-quality developments in prime locations. Take a closer look at First Avenue Real Estate Development's potential here in our health report. Review our historical performance report to gain insights into First Avenue Real Estate Development's's past performance. Ashot Ashkelon Industries Simply Wall St Value Rating: ★★★★★★ Overview: Ashot Ashkelon Industries Ltd. is engaged in the manufacturing and sale of systems and components for aerospace and defense sectors both in Israel and internationally, with a market cap of ₪1.70 billion. Operations: Ashot Ashkelon Industries generates revenue primarily from its military segment, contributing ₪286.72 million, and its aviation and complex assemblies segment with ₪115.23 million. The company's subsidiary in the USA adds another ₪50.44 million to the revenue stream. Ashot Ashkelon Industries, a nimble player in the Aerospace & Defense sector, recently saw a 45.6% earnings surge, outpacing industry growth. The company's debt to equity ratio improved from 14.1% to 12.8% over five years, indicating prudent financial management. With EBIT covering interest payments by 9 times and a satisfactory net debt to equity ratio of 8.8%, Ashot's financial health appears robust. Recent events include The Phoenix Insurance Company's acquisition of a 7% stake for NIS170 million and an increase in quarterly sales from ILS97 million to ILS121 million year-over-year, reflecting strong operational performance amidst volatility in share price movements. Dive into the specifics of Ashot Ashkelon Industries here with our thorough health report. Understand Ashot Ashkelon Industries' track record by examining our Past report. Gold Bond Group Simply Wall St Value Rating: ★★★★★☆ Overview: The Gold Bond Group Ltd. provides storage, conveyance, and logistical solutions for cargoes and containers, with a market capitalization of ₪889.65 million. Operations: Gold Bond Group generates revenue primarily from Free Activities, FCL Terminal Operations, and LCL Terminal Operations, with respective contributions of ₪87.01 million, ₪57.60 million, and ₪49.63 million. The company's net profit margin provides insight into its profitability trends over time. Gold Bond Group, a small player in the Middle East market, has shown impressive earnings growth of 24.9% over the past year, outpacing the infrastructure sector's 9.8%. The company's debt management is commendable with a reduction in its debt to equity ratio from 15.3% to just 3% over five years, and its interest payments are well covered at 36.9 times by EBIT. Recent earnings announcements revealed sales of ILS 57.87 million for Q1 2025, up from ILS 43.29 million last year, with net income rising to ILS 7.44 million from ILS 6.66 million previously. Click here and access our complete health analysis report to understand the dynamics of Gold Bond Group. Gain insights into Gold Bond Group's historical performance by reviewing our past performance report. Key Takeaways Reveal the 224 hidden gems among our Middle Eastern Undiscovered Gems With Strong Fundamentals screener with a single click here. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor. Contemplating Other Strategies? 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. Companies discussed in this article include SASE:9610 TASE:ASHO and TASE:GOLD. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
10-07-2025
- Business
- Yahoo
Exploring Middle East's Hidden Stock Opportunities July 2025
As the Middle East navigates a complex landscape of mixed stock performances and geopolitical uncertainties, regional indices reflect both cautious investor sentiment and strategic resilience. Amidst this backdrop, identifying promising stocks involves recognizing companies that can effectively adapt to shifting trade policies and leverage regional economic strengths. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Baazeem Trading 8.48% -2.02% -2.70% ★★★★★★ Alf Meem Yaa for Medical Supplies and Equipment NA 17.03% 18.37% ★★★★★★ MOBI Industry 6.50% 5.60% 24.00% ★★★★★★ Saudi Azm for Communication and Information Technology 2.07% 16.18% 21.11% ★★★★★★ Nofoth Food Products NA 15.75% 27.63% ★★★★★★ National General Insurance (P.J.S.C.) NA 14.55% 29.05% ★★★★★☆ Etihad Atheeb Telecommunication 10.29% 36.24% 62.32% ★★★★★☆ National Corporation for Tourism and Hotels 19.25% 0.67% 4.89% ★★★★☆☆ National Environmental Recycling 69.43% 43.47% 32.77% ★★★★☆☆ Saudi Chemical Holding 79.49% 16.57% 44.01% ★★★★☆☆ Click here to see the full list of 224 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. Let's uncover some gems from our specialized screener. Simply Wall St Value Rating: ★★★★★★ Overview: Najran Cement Company is involved in the manufacture and sale of cement products within Saudi Arabia, with a market capitalization of SAR14.20 billion. Operations: Najran Cement generates revenue primarily from the manufacturing of cement, amounting to SAR531.62 million. The company's financial performance is reflected in its net profit margin trends over recent periods. Najran Cement, a smaller player in the cement industry, has shown robust earnings growth of 53.6% over the past year, outpacing its peers in the Basic Materials sector. The company boasts a satisfactory net debt to equity ratio of 13.2%, having improved from 19.8% five years ago, indicating prudent financial management. Despite consistent earnings quality and free cash flow positivity, recent quarterly results showed slight dips with sales at SAR 135 million and net income at SAR 17 million compared to last year's figures. Its price-to-earnings ratio stands attractively below the Saudi Arabian market average at 21x versus 21.6x. Dive into the specifics of Najran Cement here with our thorough health report. Examine Najran Cement's past performance report to understand how it has performed in the past. Simply Wall St Value Rating: ★★★★★★ Overview: Qualitau Ltd specializes in developing, manufacturing, and selling test equipment and services for the semiconductor industry, primarily targeting European and Far-Eastern markets, with a market cap of ₪1.77 billion. Operations: The company generates revenue primarily from the sale of electronic components and parts, totaling $46.25 million. Qualitau stands out with a debt-free balance sheet, showcasing robust financial health. Its earnings surged by 13.1% over the past year, surpassing the Semiconductor industry's growth of 12.8%, indicating strong operational performance. The company boasts high-quality earnings and remains free cash flow positive, with levered free cash flow reaching US$12.13 million as of September 2024. However, its share price has been highly volatile in recent months, which could be a concern for risk-averse investors. Despite this volatility, Qualitau's consistent profitability and industry-leading growth suggest promising potential for future value creation in the semiconductor sector. Navigate through the intricacies of Qualitau with our comprehensive health report here. Learn about Qualitau's historical performance. Simply Wall St Value Rating: ★★★★☆☆ Overview: Villar International Ltd., with a market cap of ₪3.79 billion, operates in the acquisition, development, and construction of real estate properties both in Israel and internationally through its subsidiaries. Operations: Villar International generates revenue primarily from the rental of buildings (₪253.53 million) and the provision of archival services (₪93.87 million), with additional income from construction activities (₪70.50 million). The company's net profit margin is not specified, but these segments contribute significantly to its financial performance. Villar International, a nimble player in the real estate sector, showcases robust fundamentals with a net debt to equity ratio of 6.1%, reflecting prudent financial management. Its earnings surged 42.3% over the past year, outpacing the industry average of 32.4%. Despite a significant one-off gain of ₪232 million impacting recent results, Villar's price-to-earnings ratio stands at an attractive 10.9x against the IL market's 16.2x. The company also boasts strong interest coverage at 13.4 times EBIT and has successfully reduced its debt to equity from 30.1% to 12.4% over five years, highlighting effective leverage management strategies. Unlock comprehensive insights into our analysis of Villar International stock in this health report. Review our historical performance report to gain insights into Villar International's's past performance. Investigate our full lineup of 224 Middle Eastern Undiscovered Gems With Strong Fundamentals right here. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe. 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. Companies discussed in this article include SASE:3002 TASE:QLTU and TASE:VILR. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-07-2025
- Business
- Yahoo
Undiscovered Gems in Middle East Stocks July 2025
In recent months, most Gulf markets have shown resilience by closing higher despite global trade tensions, with the Abu Dhabi index marking its sixth consecutive session of gains and Dubai's main index reaching a 17-year high. This positive momentum in the Middle East market sets an intriguing backdrop for identifying undiscovered gems—stocks that possess strong fundamentals and potential growth opportunities amidst evolving economic conditions. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Baazeem Trading 8.48% -2.02% -2.70% ★★★★★★ MOBI Industry 6.50% 5.60% 24.00% ★★★★★★ Saudi Azm for Communication and Information Technology 2.07% 16.18% 21.11% ★★★★★★ Sure Global Tech NA 11.95% 18.65% ★★★★★★ Najran Cement 14.20% -2.87% -22.60% ★★★★★★ Nofoth Food Products NA 15.75% 27.63% ★★★★★★ National General Insurance (P.J.S.C.) NA 14.55% 29.05% ★★★★★☆ Etihad Atheeb Telecommunication 10.29% 36.24% 62.32% ★★★★★☆ National Corporation for Tourism and Hotels 19.25% 0.67% 4.89% ★★★★☆☆ National Environmental Recycling 69.43% 43.47% 32.77% ★★★★☆☆ Click here to see the full list of 222 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. We're going to check out a few of the best picks from our screener tool. Simply Wall St Value Rating: ★★★★★★ Overview: Riyadh Cement Company operates in the production and sale of cement across several Middle Eastern countries, including Saudi Arabia, Bahrain, Jordan, Kuwait, Qatar, and Oman with a market capitalization of SAR3.78 billion. Operations: The primary revenue stream for Riyadh Cement comes from its cement manufacturing segment, which generated SAR825.73 million. The company's financial performance is influenced by various factors impacting its net profit margin, a key indicator of profitability. Riyadh Cement, a noteworthy player in the Middle East's cement industry, is catching attention with its robust financial health and strategic moves. Recently, it reported Q1 2025 sales of SAR 225.23 million, up from SAR 188.89 million the previous year, alongside net income rising to SAR 75.68 million from SAR 70.1 million. The company boasts a debt-free status with earnings growth of 70% over the past year, outpacing the Basic Materials sector's average growth of nearly 50%. Additionally, it's trading at about 6% below its estimated fair value and maintains high-quality earnings without leverage concerns. Navigate through the intricacies of Riyadh Cement with our comprehensive health report here. Assess Riyadh Cement's past performance with our detailed historical performance reports. Simply Wall St Value Rating: ★★★★☆☆ Overview: Africa Israel Residences Ltd focuses on the development and sale of residential units in Israel under the Savyonim brand, with a market capitalization of ₪3.80 billion. Operations: Africa Israel Residences generates revenue primarily from the promotion of projects, amounting to ₪1.15 billion, and initiation of rental housing at ₪22.29 million. The company has a market capitalization of approximately ₪3.80 billion. Africa Israel Residences, a notable player in the real estate sector, has shown impressive growth with earnings surging 34.2% over the past year, outpacing its industry peers. Despite its high net debt to equity ratio of 67.1%, interest payments are well covered by EBIT at 3.9x coverage, indicating manageable financial obligations. The company experienced a significant one-off gain of ₪80 million in the last year, which might have skewed recent results but highlights potential for unexpected windfalls. Recent quarterly results showcased sales of ILS 246 million and net income rising to ILS 34 million from ILS 23 million previously. Get an in-depth perspective on Africa Israel Residences' performance by reading our health report here. Gain insights into Africa Israel Residences' historical performance by reviewing our past performance report. Simply Wall St Value Rating: ★★★★★☆ Overview: Fox-Wizel Ltd. is involved in the design, purchasing, marketing, and distribution of a wide range of products including clothing, fashion accessories, underwear, footwear, home fashion items, and baby and children's products with a market cap of ₪4.99 billion. Operations: Fox-Wizel generates revenue primarily from its segments in Sports and Fashion and Home Fashion within Israel, with the Sports segment contributing ₪2.49 billion and the Fashion and Home Fashion - Israel segment adding ₪2.18 billion. The company's net profit margin is a key financial metric to consider when evaluating its profitability. Fox-Wizel, a modest player in the retail sector, shows mixed financial signals. Recent reports highlight sales of ILS 1.48 billion for Q1 2025, up from ILS 1.3 billion the previous year, yet net income fell to ILS 15.2 million from ILS 27.33 million. Earnings per share also dipped to ILS 1.09 from last year's ILS 1.97 for diluted shares, reflecting challenges despite revenue growth. The company's debt situation seems stable with a reduction in its debt-to-equity ratio from 85% to a more manageable 63%. Additionally, its interest payments are well-covered by EBIT at a multiple of nearly four times. Click here to discover the nuances of Fox-Wizel with our detailed analytical health report. Explore historical data to track Fox-Wizel's performance over time in our Past section. Dive into all 222 of the Middle Eastern Undiscovered Gems With Strong Fundamentals we have identified here. Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world. 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. Companies discussed in this article include SASE:3092 TASE:AFRE and TASE:FOX. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Arab News
29-06-2025
- Business
- Arab News
Closing Bell: Saudi main index rises to close at 11,202
RIYADH: Saudi Arabia's Tadawul All Share Index rose on Sunday, gaining 134.37 points, or 1.21 percent, to close at 11,202.64. The total trading turnover of the benchmark index was SR5.08 billion ($1.35 billion), as 218 of the stocks advanced and 31 retreated. The Kingdom's parallel market Nomu gained 195.03 points, or 0.72 percent, to close at 27,248.13. This comes as 57 of the listed stocks advanced while 30 retreated. The MSCI Tadawul Index gained 15.19 points, or 1.07 percent, to close at 1,434.07. The best-performing stock of the day was Saudi Industrial Development Co., whose share price increased 10 percent to SR30.14. Other top performers included Naseej International Trading Co., whose share price rose 9.99 percent to SR 96.00, as well as Fawaz Abdulaziz Alhokair Co., also known as Cenomi Retail, whose share price rose 9.97 percent to SR 22.39. According to Tadawul, Cenomi Retail's shares also jumped by 100 percent in two months despite a sell recommendation from research houses. Specialized Medical Co. recorded the most significant drop, falling 1.88 percent to SR22.92. Americana Restaurants International PLC — Foreign Co. saw its stock prices fall 1.26 percent to SR2.35. Nahdi Medical Co. also saw its stock prices decline 1.24 percent to SR127.20. On the announcements front, Etihad Atheeb Telecommunication Co., also known as GO Telecom, has announced its annual consolidated financial results for the period ending March 31. According to a Tadawul statement, the firm recorded a net profit of SR223 million during the year, reflecting a 14.36 percent increase compared to the same period a year earlier. The climb is attributed to an increase in revenue of SR446 million, offset by a rise in the cost of revenue of SR320 million, an upsurge in expected credit losses on trade receivables of SR24.6 million, and a growth in general and administrative expenses of SR24 million. There was also a decrease in financing costs by SR690,000 due to the recognition of commission income on Islamic deposits during the current year, amounting to SR20 million. GO Telecom has decided to distribute SR10.1 million worth of cash dividends to the company's shareholders for the fiscal year ending on March 31. According to a Tadawul statement, the number of shares eligible for dividends stands at 33.99 million, with a dividend per share of 30 halals and a dividend percentage to the share par value of 3 percent. GO Telecom ended the session at SR105.00, up 2.49 percent. The Saudi Exchange has approved Saudi Azm for Communication and Information Technology Co.'s request to transfer from Nomu — Parallel market to the main market, with a capital of SR30 million and 60 million shares. The company's shares will remain listed on Nomu – Parallel market until the deadline for publishing the transfer document. The issuer is required to publish the transfer document within three trading days after the Saudi Exchange announces its approval of the transfer request. The transfer document will be accessible to the public for 10 trading sessions through the websites of the issuer, Tadawul, and the financial adviser. Tadawul also approved Obeikan Glass Co.'s request to transfer from Nomu — Parallel market to the main market, with a capital of SR320 million and 32 million shares.
Zawya
24-06-2025
- Business
- Zawya
Saudi-listed Go Telecom acquires 51% of Ejad Tech
Saudi Arabia's Etihad Atheeb Telecommunication Co. (GO Telecom) has completed the acquisition of a 51% stake in Ejad Tech Co. for Information Technology, a provider of IT services and digital transformation consulting. Valued at SAR 86.7 million ($23.12 million), the transaction aligns with the telecom firm's new strategy to broaden its business base. The acquisition procedures, transfer of ownership and all regulatory documents were completed on June 22, 2025, the company confirmed. Nearly half of the acquisition value (SAR40 million) has already been paid. The remaining amount will be paid in two instalments, with SAR 23.7 million due to be settled by the end of the year and SAR 23 million to be paid by the end of 2026. (Writing by Cleofe Maceda; editing by Seban Scaria)
