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Gulf stocks are rallying, driven by positive sentiment and strong earnings reports. Middle Eastern markets are gaining investor attention. Penny stocks, typically smaller or newer companies, can offer growth opportunities. Top 10 penny stocks in the Middle East include Thob Al Aseel, Alarum Technologies, E7 Group PJSC, and Dubai National Insurance & Reinsurance. Apex Investment PSC, with a market cap of AED13.40 billion, has demonstrated substantial earnings growth and is debt-free.

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