| Al Ramz Capital | | United Arab Emirates | Over-weight |
| Aljazira Capital | | Saudi Arabia | Neutral |
| Arqaam Capital | | United Arab Emirates | Hold |
| Bank of America | | United Arab Emirates | Underperform |
| Citigroup | | UK | Buy |
| EFG Hermes | | Egypt | Buy |
| FAB Securities | | United Arab Emirates | Buy |
| GIB Capital | | Saudi Arabia | Overweight |
| Goldman Sachs | | United Arab Emirates | Buy |
| HSBC | | United Arab Emirates | Buy |
| Jefferies International | | United Arab Emirates | Hold |
| JPMorgan | | United Arab Emirates | Overweight |
| Kepler Cheuvreux | | France | Buy |
| Morgan Stanley | | UK | Not rated |
| SICO | | Bahrain | Buy |
| SNB Capital | | Saudi Arabia | Overweight |
| United Securities | | Oman | Buy |