Malabar Gold & Diamond opens outlet in Dammam

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Malabar Gold & Diamond opens outlet in Dammam
Prince Saud bin Abdullah, Yusuffali MA, Dr PA Ibrahim Haji, Shamlal Ahamed MP, Abdul Salam KP, Gaffoor Edakkuni and Mohammed Wasem at the opening of the showroom.

Dammam - The outlet will also take part in the ongoing Malabar Gold & Diamond Festival campaign.

By Staff Report

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Published: Fri 15 Jan 2016, 11:00 PM

Last updated: Sat 16 Jan 2016, 8:16 AM

Malabar Gold & Diamonds, one of the leading jewellery retailer with its presence in nine countries, opens one more outlet in Saudi Arabia to fortify its presence in the region.
Prince Saud bin Abdullah bin Abdulaziz and Yusuffali MA, managing director, Lulu Group, inaugurated the new showroom in Lulu Hypermarket at Prince Mohammed bin Fahad Road in Dammam on January 13, in the presence of Dr PA Ibrahim Haji, co-chairman, Malabar Group; Shamlal Ahamed MP, managing director, International Operations, Malabar Gold & Diamonds; Abdul Salam KP, group executive director, Malabar Group; Gaffoor Edakkuni, regional director, Malabar Gold & Diamonds; Mohammed Wasem, other dignitaries, invited guests, personalities from media and other well-wishers.
To add more glitter to the occasion the jewellery group unveiled the inaugural offers, like all other outlets in the region, this outlet will also take part in the ongoing Malabar Gold & Diamond Festival campaign giving customers a chance to win up to 250,000 gold coins and up to two million cash refund. Spend SR2,000 on gold and diamond jewellery and win a guaranteed gold coin or up to 100 gold coins instantly. Get guaranteed cash refund with every diamond jewellery purchase. Up to 100 per cent of the purchase can be won. Customers can also enjoy zero deduction exchange offer, where they can exchange their old 22k jewellery with the latest jewellery designs of Malabar Gold & Diamonds by paying only making charges ensuring they don't lose any value on the rate of gold.
Furthermore, eight-gramme gold coins can be bought from their outlets with absolutely no making charges during the campaign period. These offers are valid until January 31.
The branded jewellery segment of Malabar Gold & Diamonds that includes Ethnix - Handcrafted Designer Jewellery, Era - Uncut Diamond Jewellery, Mine - Diamonds Unlimited, Divine- Indian Heritage Jewellery, Precia - Precious Gem Jewellery and Starlet - Kids Jewellery are renowned globally for their flawless craftsmanship and the impeccable style.
The leap from a single store to 145 outlets globally did not happen overnight. It was achieved through consistent effort & an insistence on setting exceptionally high standards to meet the aspiration of customers over a period of 22 years. Their dedicated and highly skilled employees invest heart and soul in striving to achieve maximum perfection. Absolute customer satisfaction is the overriding promise in everything they do.
Ornaments have never been so easier to buy, sell and exchange as it is in Malabar Gold & Diamonds and with their customer friendly policies, they give their customers enough reasons to come back to their stores.
The group is in the forefront when it comes to CSR activities as well. The group sets apart a fixed percentage of its net profit to the benefit of needy and the charity projects of Malabar Gold & Diamonds have touched the lives of thousands of people across the world. They focus primarily in five priority areas such as health, education, environment, housing and women empowerment.
In Kingdom of Saudi Arabia, Malabar Gold & Diamonds operates outlets in Al Khobar, Dammam (2 showrooms), Jeddah, Makkah, Riyadh - Murabbah, Riyadh - Batha, Riyadh - Khurais Road & Jubail.
Editor's Note
Malabar Gold and Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate.
Established in 1993 in South Indian state of Kerala, Malabar Gold & Diamonds today has a strong retail network of 145 outlets spread across nine countries, 10 wholesale units in addition to offices, design centers and factories spread across India, Middle East & Far East. With an annual turnover of $4 billion, the company currently ranks among the world's top five jewellery retailers in terms of annual turnover.
With 7 cluster manufacturing units in India and GCC - the company currently has 6 jewellery brands to cater to the discerning needs of customers. With headquarters in Kerala, India and branches across India, Middle East & Far East, Malabar Group is best known for its activities in the field of gold, diamonds, silver and lifestyle articles.
The company, owned by more than 1,700 shareholders, which excels in quality products and services, has more than 8500 professionals working for its continued success.
Malabar Gold & Diamonds also features an online store - providing customers the opportunity to purchase their favorite jewellery any time and on any day from the comfort of their home.

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