Latest news with #GulfMarkets
Yahoo
14-07-2025
- Business
- Yahoo
Middle East's Hidden Stock Gems Include Drake and Scull International P.J.S.C
In recent times, most Gulf markets have shown resilience, closing higher despite global tariff tensions, with indices like Dubai's hitting multi-year highs. This promising environment underscores the potential for discovering hidden stock gems in the Middle East, where companies like Drake and Scull International P.J.S.C. are gaining attention for their unique market positions amidst these dynamic 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'll examine a selection from our screener results. Simply Wall St Value Rating: ★★★★☆☆ Overview: Drake and Scull International P.J.S.C. operates in the construction sector across various countries including the United Arab Emirates, Saudi Arabia, and others, with a market capitalization of approximately AED932.39 million. Operations: Drake and Scull International P.J.S.C. generates revenue primarily from its wastewater treatment and water sludge segment, amounting to AED103.30 million. Drake and Scull International (DSI) has shown a notable turnaround, reporting AED 2.45 million in net income for Q1 2025, compared to a net loss of AED 42.59 million the previous year, indicating significant profitability improvement. The company's price-to-earnings ratio is an attractive 0.2x against the AE market's 12.9x, suggesting potential undervaluation. Despite having more cash than total debt, DSI's earnings quality is impacted by a large one-off gain of AED3.8 billion over the past year. While free cash flow remains negative, positive shareholder equity marks progress from five years ago when it was negative. Click here and access our complete health analysis report to understand the dynamics of Drake and Scull International P.J.S.C. Gain insights into Drake and Scull International P.J.S.C's historical performance by reviewing our past performance report. Simply Wall St Value Rating: ★★★★★★ Overview: Albaraka Türk Katilim Bankasi A.S. offers a range of banking products and services in Turkey, with a market capitalization of TRY21.20 billion. Operations: Albaraka Türk Katilim Bankasi A.S. generates revenue primarily from its Commercial and Corporate segment, contributing TRY32.66 billion, followed by Treasury at TRY21.81 billion and Individual banking at TRY7.04 billion. The bank's business model focuses on these key segments to drive its financial performance in Turkey's banking sector. Albaraka Türk Katilim Bankasi stands out with its robust financial health, boasting total assets of TRY352.5 billion and equity of TRY20.4 billion. The bank's earnings surged 159.8% over the past year, far outpacing the industry average of 0.8%. With a bad loans ratio at an appropriate 1.4% and a sufficient allowance for these loans at 163%, it shows prudent risk management. Additionally, 65% of its liabilities are sourced from low-risk customer deposits, reinforcing stability. Its price-to-earnings ratio sits attractively low at 1.7x compared to the TR market's 18x, suggesting potential undervaluation in current market conditions. Take a closer look at Albaraka Türk Katilim Bankasi's potential here in our health report. Review our historical performance report to gain insights into Albaraka Türk Katilim Bankasi's's past performance. Simply Wall St Value Rating: ★★★★★★ Overview: Banvit Bandirma Vitaminli Yem Sanayii Anonim Sirketi is a Turkish food company with a market capitalization of TRY21.02 billion. Operations: Banvit generates revenue primarily from its food processing segment, amounting to TRY30.49 billion. The company's financial performance is reflected in its market capitalization of TRY21.02 billion. Banvit, a notable player in the food industry, showcases some intriguing financial dynamics. Its earnings surged by 27% over the past year, outpacing the sector's -6.8% performance. The company enjoys robust debt management with cash exceeding total debt and interest payments comfortably covered by EBIT at ten times over. Despite these strengths, Banvit faces challenges such as a net loss of TRY 14.16 million in Q1 2025 compared to a significant profit last year and negative free cash flow trends persisting over recent years. Nonetheless, its price-to-earnings ratio of 7.9x suggests potential value relative to the broader market's 18x benchmark. Get an in-depth perspective on Banvit Bandirma Vitaminli Yem Sanayii Anonim Sirketi's performance by reading our health report here. Assess Banvit Bandirma Vitaminli Yem Sanayii Anonim Sirketi's past performance with our detailed historical performance reports. Unlock our comprehensive list of 222 Middle Eastern Undiscovered Gems With Strong Fundamentals by clicking 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. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide. 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 DFM:DSI IBSE:ALBRK and IBSE:BANVT. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
10-07-2025
- Business
- Yahoo
Middle East's Hidden Stock Gems Include Drake and Scull International P.J.S.C
In recent times, most Gulf markets have shown resilience, closing higher despite global tariff tensions, with indices like Dubai's hitting multi-year highs. This promising environment underscores the potential for discovering hidden stock gems in the Middle East, where companies like Drake and Scull International P.J.S.C. are gaining attention for their unique market positions amidst these dynamic 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'll examine a selection from our screener results. Simply Wall St Value Rating: ★★★★☆☆ Overview: Drake and Scull International P.J.S.C. operates in the construction sector across various countries including the United Arab Emirates, Saudi Arabia, and others, with a market capitalization of approximately AED932.39 million. Operations: Drake and Scull International P.J.S.C. generates revenue primarily from its wastewater treatment and water sludge segment, amounting to AED103.30 million. Drake and Scull International (DSI) has shown a notable turnaround, reporting AED 2.45 million in net income for Q1 2025, compared to a net loss of AED 42.59 million the previous year, indicating significant profitability improvement. The company's price-to-earnings ratio is an attractive 0.2x against the AE market's 12.9x, suggesting potential undervaluation. Despite having more cash than total debt, DSI's earnings quality is impacted by a large one-off gain of AED3.8 billion over the past year. While free cash flow remains negative, positive shareholder equity marks progress from five years ago when it was negative. Click here and access our complete health analysis report to understand the dynamics of Drake and Scull International P.J.S.C. Gain insights into Drake and Scull International P.J.S.C's historical performance by reviewing our past performance report. Simply Wall St Value Rating: ★★★★★★ Overview: Albaraka Türk Katilim Bankasi A.S. offers a range of banking products and services in Turkey, with a market capitalization of TRY21.20 billion. Operations: Albaraka Türk Katilim Bankasi A.S. generates revenue primarily from its Commercial and Corporate segment, contributing TRY32.66 billion, followed by Treasury at TRY21.81 billion and Individual banking at TRY7.04 billion. The bank's business model focuses on these key segments to drive its financial performance in Turkey's banking sector. Albaraka Türk Katilim Bankasi stands out with its robust financial health, boasting total assets of TRY352.5 billion and equity of TRY20.4 billion. The bank's earnings surged 159.8% over the past year, far outpacing the industry average of 0.8%. With a bad loans ratio at an appropriate 1.4% and a sufficient allowance for these loans at 163%, it shows prudent risk management. Additionally, 65% of its liabilities are sourced from low-risk customer deposits, reinforcing stability. Its price-to-earnings ratio sits attractively low at 1.7x compared to the TR market's 18x, suggesting potential undervaluation in current market conditions. Take a closer look at Albaraka Türk Katilim Bankasi's potential here in our health report. Review our historical performance report to gain insights into Albaraka Türk Katilim Bankasi's's past performance. Simply Wall St Value Rating: ★★★★★★ Overview: Banvit Bandirma Vitaminli Yem Sanayii Anonim Sirketi is a Turkish food company with a market capitalization of TRY21.02 billion. Operations: Banvit generates revenue primarily from its food processing segment, amounting to TRY30.49 billion. The company's financial performance is reflected in its market capitalization of TRY21.02 billion. Banvit, a notable player in the food industry, showcases some intriguing financial dynamics. Its earnings surged by 27% over the past year, outpacing the sector's -6.8% performance. The company enjoys robust debt management with cash exceeding total debt and interest payments comfortably covered by EBIT at ten times over. Despite these strengths, Banvit faces challenges such as a net loss of TRY 14.16 million in Q1 2025 compared to a significant profit last year and negative free cash flow trends persisting over recent years. Nonetheless, its price-to-earnings ratio of 7.9x suggests potential value relative to the broader market's 18x benchmark. Get an in-depth perspective on Banvit Bandirma Vitaminli Yem Sanayii Anonim Sirketi's performance by reading our health report here. Assess Banvit Bandirma Vitaminli Yem Sanayii Anonim Sirketi's past performance with our detailed historical performance reports. Unlock our comprehensive list of 222 Middle Eastern Undiscovered Gems With Strong Fundamentals by clicking 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. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide. 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 DFM:DSI IBSE:ALBRK and IBSE:BANVT. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
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
Reuters
08-07-2025
- Business
- Reuters
Major Gulf bourses subdued on US tariff uncertainty
July 8 (Reuters) - Major Gulf stock markets were subdued in early trade on Tuesday with investors exercising caution over U.S. trade policies after President Donald Trump announced steep import levies on several trading partners and pushed the tariff deadline to August 1. Although Trump spared Gulf economies, he had earlier announced plans to impose an additional 10% tariff on countries aligning with the "anti-American policies" of the BRICS bloc, which includes the UAE. Saudi Arabia attended a BRICS meeting in April, but isn't a member. Oil prices - a catalyst for the Gulf's financial markets - retreated from a 2% rise in the previous session on tariff concerns and the OPEC+ announcing a higher-than-expected output hike for August. Saudi Arabia's benchmark index (.TASI), opens new tab eased 0.1%, hit by a 0.8% fall in ACWA Power Company ( opens new tab and a 1.1% drop in Umm Al Qura for Development and Construction Co ( opens new tab. Dubai's main share index (.DFMGI), opens new tab fell 0.6% - a day after it hit its highest in over 17 years - with blue-chip developer Emaar Properties ( opens new tab declining 1.1% and a sharia-compliant lender Dubai Islamic Bank ( opens new tab losing 1.2%. In Abu Dhabi, the index (.FTFADGI), opens new tab was flat. The Qatari benchmark (.QSI), opens new tab added 0.4%, with Qatar Islamic Bank ( opens new tab climbing 1% and petrochemical maker Industries Qatar ( opens new tab gaining 1%. Meanwhile, Egypt's stock exchange said it had suspended trading on Tuesday, citing ongoing disruptions affecting brokerage firms' ability to communicate efficiently across the trading system, a day after a fire broke out in a telecoms data centre in Cairo.
Zawya
08-07-2025
- Business
- Zawya
Mideast Stocks: Major Gulf bourses subdued on US tariff uncertainty
Major Gulf stock markets were subdued in early trade on Tuesday with investors exercising caution over U.S. trade policies after President Donald Trump announced steep import levies on several trading partners and pushed the tariff deadline to August 1. Although Trump spared Gulf economies, he had earlier announced plans to impose an additional 10% tariff on countries aligning with the "anti-American policies" of the BRICS bloc, which includes the UAE. Saudi Arabia attended a BRICS meeting in April, but isn't a member. Oil prices - a catalyst for the Gulf's financial markets - retreated from a 2% rise in the previous session on tariff concerns and the OPEC+ announcing a higher-than-expected output hike for August. Saudi Arabia's benchmark index eased 0.1%, hit by a 0.8% fall in ACWA Power Company and a 1.1% drop in Umm Al Qura for Development and Construction Co. Dubai's main share index fell 0.6% - a day after it hit its highest in over 17 years - with blue-chip developer Emaar Properties declining 1.1% and a sharia-compliant lender Dubai Islamic Bank losing 1.2%. In Abu Dhabi, the index was flat. The Qatari benchmark added 0.4%, with Qatar Islamic Bank climbing 1% and petrochemical maker Industries Qatar gaining 1%. Meanwhile, Egypt's stock exchange said it had suspended trading on Tuesday, citing ongoing disruptions affecting brokerage firms' ability to communicate efficiently across the trading system, a day after a fire broke out in a telecoms data centre in Cairo.
