Malabar Gold & Diamonds expands Riyadh presence



ARAB NEWS

Published — Wednesday 26 September 2012

Last update 26 September 2012 8:25 am

| نسخة PDF Print News | A A

Malabar Gold & Diamonds, a leading jewelry retailer is unveiling its latest outlet in Batha, Riyadh, as a part of its dynamic expansions plans in Saudi Arabia.
The showroom will be inaugurated by prominent industrialist Ravi Pillai tomorrow (September 27) at 4.30 pm.
This 1,250 sq ft showroom, located at Lulu Hypermarket, Ibn Sulaiman Commercial Complex, is Malabar Group’s second outlet in Riyadh and the sixth in Saudi Arabia.
Riyadh, one of the richest cities in the Middle East, has developed into a dynamic metropolis over the years and has become a focal point for both travel and trade.
Batha, a district in downtown Riyadh, is one of the oldest sections of the city, which is famous for wholesale and gold markets.
The showroom displays exquisite assortment of fine jewelry in gold, platinum and diamond from Belgium, Hong Kong, Singapore, Italy, Turkey, Bahrain and India. Exclusive brands like Era- Uncut Diamond Jewelry, Mine- Diamonds Unlimited, Ethnix- Hand Crafted Designer Jewelry, Divine-Indian Heritage Jewelry, Starlet- Kids Jewelry, Precia-Precious Gem Jewelry is also offered at this outlet to suffice the needs of the discerning customer.
To celebrate the opening of their new outlet in Batha, Malabar Gold & Diamonds announced a special promotion, through which customers can avail free gold coin on every jewelry purchase of SR 3000 from any of their outlets in Saudi Arabia.
Customers who purchase from Malabar Gold & Diamonds outlet in Batha can also avail assured gifts on every purchase.
This offer is valid from September 27 to October 12.
Malabar Gold & Diamonds currently operates a network of 25 retail outlets in GCC and 71 worldwide.
With over 20 years of experience, Malabar Gold & Diamonds has already proven its competencies in the areas of wholesaling, retailing and manufacturing of jewelry.
The expansion plans in Saudi Arabia announced by the group recently is a part of the long term strategy to establish themselves as the world’s No 1 jewelry group by the year 2015.
The jewelry chain plans to reach out to a wider audience and is set to expand their retail presence to Singapore, Malaysia, Indonesia and Sri Lanka and European markets.
In Saudi Arabia, the group is operating 5 retail showrooms at Alkhobar, Riyadh, Dammam, Jeddah and Maccah.
They are planning to come up with more showrooms in Madina, Jubail, Al-Hasa and Jeddah and a factory at Alkhobar soon.
Their retail business has always been complemented by the additional services and offers aimed at enhancing convenience for customers, making its contributions at par with the world’s best. Ornaments purchased from Malabar Gold and Diamonds can be exchanged from any of their outlets within 15 days from the date of purchase without any lose in making charges and gold rate. Furthermore, jewellery purchased from their outlet can be exchanged with new ones without any deduction in gold rate or weight, by paying only making charges.
Their convenient gold exchange schemes ensure quality service and customer satisfaction.

What's happening around Saudi Arabia

MADINAH/JEDDAH: Pilgrims and visitors performing tawaf (circumambulation) of the Holy Kaaba or praying around it may look forward to relief from the blazing sun, as a proposal to shade the Mataf area is being studied.According to local media, the mat...
JEDDAH: Users of WhatsApp were a joyous lot on Saturday as the call facility finally became available on the popular messaging service in the Kingdom.The facility, which is for free now, through WhatsApp was earlier banned in Saudi Arabia and only me...
RIYADH: A Border Guard soldier died on Saturday in a missile attack from across the Yemeni border in Dhahran Al-Jonoub in Asir.The man, identified as Pvt. Abdulilah Abdullah Hamoud Al-Shahrani, was patrolling the border in the area when the attack to...
RIYADH: Custodian of Two Holy Mosques King Salman takes pride in his religion and his country, according to Prince Sultan bin Salman, Saudi Commission for Tourism and National Heritage (SCTH) chairman.“King Salman lives his life in a confident and re...
RIYADH: Justice Minister Walid Al-Samaani and Khaled Al-Muhaisin, the president of the National Anti-Corruption Commission (Nazaha), are scheduled to meet soon to clear resolve differences between Nazaha and Supreme Judicial Council (SJC). According...
JEDDAH: Starbucks has clarified that the ban on women’s entry at one of its Riyadh stores is only temporary and that the coffee shop will be opened to them soon after a separation wall is erected.Starbucks reportedly said that members of the Committe...
RIYADH: The Saudi government is strongly supporting the development of organic farming and institutional capacity building as part of an ambitious plan to expand the Kingdom’s shift toward organic agriculture, which will be good for the country’s nut...
RIYADH: An attempt to smuggle in 2.4 million amphetamine pills was foiled along the coast of Tabuk.An Interior Ministry spokesman said the traffickers fled from the coast after they were chased by Border Guard patrols.The spokesman said a suspect boa...
RIYADH: King Saud University (KSU) closed the booths of five companies which participated in the recently concluded five-day Career Week because of lack of interest in employing applicants.Career Week, held under the auspices of Custodian of Two Holy...
RIYADH: The Kingdom has been developing Oroug Bani Maradh as a protected area for eco-tourism in the heart of the Empty Quarter.Aside from a number of live flora and fauna, there’s are non-domesticated animal species in the wildlife sanctuary located...
JEDDAH: Two women and three children, including an infant, lost their lives in separate fire incidents on Friday.A woman and two children died when their tent caught fire at Al-Issawi, 35 km into the desert, on Friday. The operations room of Civil De...
RIYADH: Arrangements are being made at the Ministry of Health to open a new portal for the Zika virus on its website.Faisal Al-Zahrani, the ministry spokesman, said that the new portal will give adequate details and updates about the virus which has...
ARAR: A Saudi father has urged his two sons to immediately surrender, after their names recently appeared on the list of suspects who participated in the terror attack on the Special Emergency Forces Mosque in Asir in August last year.Salem Yaslam Al...
JEDDAH: The Ministry of Education has called on schools to implement a national anti-drug plan and given a four-month period to implement the plan and report the results.Educational directorates, according to a recent circular, have issued a directiv...
NAJRAN: School of Dentistry students at Najran University expressed disappointment with group failure of 13 students, accusing the faculty members of being unfair with their examinations.The university spokesman, Dr. Zuhair Al-Omari, said the eighth...

Stay Connected

Facebook