Malabar Gold & Diamonds continues inauguration spree with 9 new showrooms across UAE and India

  • 6 new stores in UAE - 3 in the new Dubai Gold Souq extension strengthening the presence in the Dubai Gold Souq area to 7; 1 in Jebel Ali and 2 in Sharjah
  • 3 new stores in India - HSR Layout, Bengaluru; Raipur in Chhattisgarh and Hadapsar in Pune
  • This is the final phase of the global opening of 22 new stores in January 2022, announced by the Group on 4th Jan 2022.

Malabar Gold & Diamonds, one of the largest jewellery retailers globally with a strong retail network of over 280 outlets spread across 10 countries, has inaugurated 9 new showrooms across UAE and India. Amongst the 6 showrooms opened in the UAE on 29th January 2022, 3 are in the new Dubai Gold Souq extension project, 1 each in City Centre Al Zahia and Lulu Muweilah, Sharjah and 1 in Crown Mall, Jebel Ali.

The new stores in the Dubai Gold Souq extension project were inaugurated by Mr. Issam Galadari, CEO, Ithra Dubai and Mr. Waleed Abdul Malik, Director of Business Registration in BRL, DED respectively. Malabar Gold & Diamonds showroom in Lulu Muweilah, Sharjah was inaugurated by  Mr. Mayinkutty C, Senior Director, Malabar Group while the stores in City Centre Al Zahia, Sharjah and Crown Mall, Jebel Ali, Dubai were inaugurated by Mr. Mohammed Al Rais, Senior Mall Manager, City Centre Al Zahia and Mr. M P Ahammed, Chairman, Malabar Group respectively in the presence of management team members, well-wishers and other dignitaries.

"We will continue to strengthen our retail presence in the regions where we have established a robust presence as well as enter new markets with our differentiated products, services and assurances ensuring a superior shopping experience for our customers. The acceptance and patronage received by the brand give us the confidence to further speed up the expansion process in becoming the No: 1 jewellery retailer globally," said MP Ahammed, Chairman, Malabar Group.

The new showrooms in the Gold Souq extension project further strengthen the brand's retail presence in Dubai Gold Souq, taking the total showroom count in the area to 7 with a total area of 12,000 sq. ft., over a million designs to choose from, staff affluent in over 30 languages and valet parking facility. Malabar Gold & Diamonds showrooms in Gold Souq offer a world-class jewellery shopping experience showcasing jewellery from over 50 countries, in addition to an exclusive wedding jewellery lounge and the option for customers to customize their own jewellery.

"Dubai Gold Souq has always been the heart and soul of jewellery trading in Dubai, and it gives us immense happiness to be strengthening our presence in this area. It's an even further delight to be opening 3 new stores in the prestigious Gold Souq extension project that aims to redefine jewellery shopping experience for both residents and tourists alike", said Mr. Shamlal Ahamed, Managing Director – International Operations.

The newly inaugurated Malabar Gold & Diamonds stores in City Centre Al Zahia, Sharjah; Muweilah Lulu, Sharjah and Crown Mall, Jebel Ali also feature exquisite jewellery in both gold and diamonds. This includes a magnificent display of skillfully crafted jewellery in 18K, 22K and 24K, ranging from lightweight daily wear to bridal jewellery in traditional as well as contemporary designs.

'Malabar Gold & Diamonds has played a vital role in making Indian jewellery more acceptable and trustworthy at the global level in recent years. We are now crafting unique experiences targeting nationals and other non-Indian sub-continental audiences and we are confident that our customers will enjoy the world-class jewellery shopping experience at all our new showrooms while appreciating our values based on transparency, trust, quality and service', said Mr. Abdul Salam KP, Vice Chairman, Malabar Group

In India, 3 new showrooms in India will be opened at HSR Layout, Bengaluru; Raipur in Chhattisgarh and Hadapsar in Pune. With the latest collection crafted in gold, silver, platinum and diamonds, and trained jewellery experts, these showrooms guarantee an exceptional shopping experience to all its customers.

Malabar Group commits 5% of its profit to support socially responsible purposes both in India and abroad, since its inception in 1993. Education, health, women empowerment, affordable housing, and environmental protection are the focus areas for the Group.

Editor's Note

Malabar Gold & Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate.

Established in 1993 in the Indian state of Kerala, Malabar Gold & Diamonds today has a strong retail network of over 280 outlets spread across 10 countries, 14 wholesale units in addition to offices, design centers and factories spread across India, Middle East, Far East & USA. With an annual turnover of $4.51 billion, the company currently ranks one among the largest jewellery retailers globally.

With 14 cluster manufacturing units in India and GCC – the company currently has 12 jewellery brands to cater to the discerning needs of customers. With headquarters in Kerala and branches across India, Middle East, Far East and USA, Malabar Group is best known for its activities in the field of gold, diamonds, silver and lifestyle articles.

The group also operates MGD – Lifestyle Jewellery, a retail concept offering trendy and light weight jewellery that represents the independent and the modern woman through its designs and collections.

The group, owned by over 4,000 shareholders excels in quality products and services, has more than 13,000 professionals working for its continued success.

Malabar Gold & Diamonds also features an online store http://www.malabargoldanddiamonds.com providing customers the opportunity to purchase their favorite jewelry any time and on any day from the comfort of their home.

The group is always proactive when it comes to CSR initiatives right from its inception. The key focus areas of the CSR initiatives of Malabar Group are in the areas of Health, Education, Women Empowerment, Housing and Environment.  The organization has kept aside 5% of its profit for enabling CSR activities in all the regions that they operate.

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