Malabar Gold & Diamonds, one of the world’s leading jewelry retailers, opened seven new showrooms on Jan. 18.
The inaugurations were held in the United Arab Emirates (UAE), Kuwait and Bahrain in the presence of dignitaries, special invited guests and well-wishers.
“We are dedicating this feat to our millions of satisfied customers, and we also thank them for trusting and being with us since the inception of the company,” said MP Ahammed, chairman of Malabar Group.
“Our heartfelt gratitude to the authorities, investors, management team members and well-wishers for being a part of our successful journey and playing an important role in it.”
Malabar Gold & Diamonds announced a major investment of Dh 335 million ($91.28 million) in expansion plans for its retail network.
The plan will see an addition of 24 stores in three months, from January to March 2017, taking the total number of outlets to 185 by the end of March.
The newly opened outlets unveil a large and exquisite collection of traditional and contemporary designer jewelry, including gold in 18K, 22K and 24K, alongside diamond, uncut diamond and precious-gem jewelry.

Source: Arab News