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Hassan Al-Jeshi was appointed CEO of Malaz Capital in July this year. Malaz Capital is an asset management firm operating under the regulations of the Capital Market Authority of Saudi Arabia. The company obtained its CMA license in 2010, and is authorized to carry out asset management, dealing as principal and custody services in the Kingdom.
RIYADH: Saudi Arabia’s main stock index TASI has gained 9 percent in 2022 to reach 12,310 points as of Aug. 2, led by a 106 percent surge in the shares of Public Investment Fund-owned utility provider ACWA Power. Despite ongoing geopolitical hurdles weighing on markets globally, some stocks on the index have seen double-digit jumps in their share price, according to Argaam