ADNH Catering And Two Other Middle Eastern Penny Stocks To Consider

Simply Wall St

Wed, February 11, 2026 at 1:04 PM GMT+9 4 min read

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The Middle Eastern stock markets have recently seen gains, driven by strong corporate earnings, despite mixed performances across sectors and fluctuating oil prices. Penny stocks, often associated with smaller or newer companies, continue to present intriguing opportunities for investors seeking growth at lower price points. By focusing on those with robust financials and a clear growth trajectory, these stocks can offer both stability and potential upside in today’s market landscape.

Top 10 Penny Stocks In The Middle East

Click here to see the full list of 72 stocks from our Middle Eastern Penny Stocks screener.

We’re going to check out a few of the best picks from our screener tool.

ADNH Catering

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

Overview: ADNH Catering PLC is a food services company that provides catering and support services in the United Arab Emirates and the Kingdom of Saudi Arabia, with a market cap of AED 1.71 billion.

Operations: ADNH Catering does not report specific revenue segments.

Market Cap: AED1.71B

ADNH Catering, with a market cap of AED 1.71 billion, offers promising aspects for penny stock investors in the Middle East. The company is debt-free, which eliminates concerns over interest payments and debt coverage. Its short-term assets significantly exceed both its short and long-term liabilities, indicating strong liquidity. ADNH’s return on equity is high at 28.6%, though earnings growth has lagged behind the industry average recently. Despite a decline in profits over the past five years, recent earnings growth of 19.5% shows improvement compared to its historical performance. However, its dividend yield of 10.46% appears unsustainable given current earnings coverage.

Click to explore a detailed breakdown of our findings in ADNH Catering's financial health report.

Learn about ADNH Catering's future growth trajectory here.

ADX:ADNHC Debt to Equity History and Analysis as at Feb 2026

Al Wathba National Insurance Company PJSC

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

Story Continues  

Overview: Al Wathba National Insurance Company PJSC operates in the general insurance and reinsurance sectors both in the United Arab Emirates and internationally, with a market capitalization of AED662.40 million.

Operations: The company’s revenue is primarily derived from its Motor segment, contributing AED297.39 million, and Investments, which add AED233.76 million.

Market Cap: AED662.4M

Al Wathba National Insurance Company PJSC, with a market cap of AED662.40 million, presents mixed prospects for penny stock investors. The company has recently turned profitable, reporting a net income of AED72.34 million for the first nine months of 2025 compared to a loss the previous year. Its short-term assets exceed both short and long-term liabilities, indicating solid financial footing. However, its share price remains highly volatile and its dividend track record is unstable. While the Price-To-Earnings ratio suggests good value relative to the market, recent earnings were significantly impacted by non-recurring gains.

Unlock comprehensive insights into our analysis of Al Wathba National Insurance Company PJSC stock in this financial health report.

Assess Al Wathba National Insurance Company PJSC's previous results with our detailed historical performance reports.

ADX:AWNIC Debt to Equity History and Analysis as at Feb 2026

Israel Canada Hotels

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

Overview: Israel Canada Hotels Ltd, with a market cap of ₪144.72 million, is involved in the development, manufacturing, and marketing of patented ultrasound systems across Israel, North America, East Asia, and internationally.

Operations: The company generates revenue from its Laser Systems and Components segment, amounting to ₪0.31 million.

Market Cap: ₪144.72M

Israel Canada Hotels Ltd, with a market cap of ₪144.72 million, operates as a pre-revenue entity generating less than US$1 million annually. Despite negative earnings growth of 96.6% last year and lower net profit margins compared to the previous year, the company maintains stable weekly volatility and is debt-free with short-term assets exceeding liabilities. Recent developments include a fixed-income offering of ILS 150 million at a 5.84% coupon rate, reflecting strategic financial maneuvers amid high share price volatility over recent months and significant one-off losses impacting past earnings stability.

Jump into the full analysis health report here for a deeper understanding of Israel Canada Hotels.

Gain insights into Israel Canada Hotels' past trends and performance with our report on the company's historical track record.

TASE:ICHO Financial Position Analysis as at Feb 2026

Seize The Opportunity

Explore the 72 names from our  Middle Eastern Penny Stocks screener here.

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_ 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 ADX:ADNHC ADX:AWNIC and TASE:ICHO.

This article was originally published by Simply Wall St.

Have feedback on this article? Concerned about the content? Get in touch with us directly._ Alternatively, email editorial-team@simplywallst.com_

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