Malabar Gold & Diamonds opens outlets in 6 countries on the same day

Officials of Malabar Gold & Diamonds address a press conference in Dubai.
Updated 12 January 2018
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Malabar Gold & Diamonds opens outlets in 6 countries on the same day

Malabar Gold & Diamonds has announced the opening of 11 new showrooms simultaneously across six countries on Jan. 12 including eight in the Gulf region, taking the total number of outlets to 208 spread across nine countries.
This is the first time that an Indian jewelry retailer has opened showrooms in six countries the same day.
The new showrooms would be located in Al-Khail Mall, Al-Hazana Lulu, Al-Buhaira Lulu, Sahara Centre, Ajman City Centre in the UAE, Mall of Qatar, Lagoona Mall in Qatar, Muscat City Centre in Oman, AMK Hub in Singapore, Ampang Mall in Malaysia, and Warrangal in Telangana, India.
“The opening of 11 showrooms on the same day across six countries reflects our strong conviction and confidence in the overall growth of the gold and diamond sector, despite challenging circumstances in certain markets. We are getting wide acceptance in the global market. This is also one of the reasons we are expanding our global presence. Our core business values such as adherence to transparency, honesty, quality along with our value-added services, product designs suited to every class of customers’ taste cutting across age group are the key factors that give us global acceptance,” MP Ahammed, chairman of Malabar Group, said at a press conference in Dubai.
Currently, Malabar Gold & Diamonds has 197 showrooms of which 90 are in India and the remaining 107 showrooms are located in other countries. The rapid expansion of showrooms across geographies is part of the group’s strategy to fast expand its global footprint. In 2017, Malabar Group opened 27 showrooms in different countries.
“Despite the bull-run of crypto-currency, introduction of general sales tax (GST) in India and value-added tax (VAT) in the UAE and Saudi Arabia, we believe that the gold and diamond trade will sustain growth in the long run and will remain as the best commodity for investment and as a saving instrument in addition to being used as jewelry. As consumers adjust to the new tax regimes in different countries, we believe the market will record stronger growth as people adjust their budgets for ornaments,” said Abdul Salam KP, group executive director of Malabar Group.
“In 2018, we will be opening more showrooms as well as manufacturing units. This will fuel our vision to become the top jewelry retailer in the world.”
Shamlal Ahammed, managing director of Malabar Gold & Diamonds’ international operations, said: “In 2018, we will be expanding into new horizons, marking our presence in countries such as the US, Sri Lanka, Brunei, and Bangladesh. As part of its global expansion plans, Malabar Gold & Diamonds will be opening another 50 showrooms in different formats in various countries this year.”
It has decided to organize a grand ceremony at Lulu Al- Hazana in Sharjah to celebrate the milestone of reaching 200 showrooms globally.
The upcoming showrooms of the group are at Abbasiya (Kuwait), Mannarkad, Mall of Travancore (Kerala), Forum Mall — Bangalore (Karnataka), Himayat Nagar — Hyderabad, Kondapur — Hyderabad, Karim Nagar (Telangana), Noida (UP), South Extension (Delhi), Vashi — Mumbai, Thane — Mumbai, Kolhapur (Maharashtra), Rajkot, Surat (Gujarat) and Ludhiana (Punjab).
In India, the company currently operates manufacturing units in Kerala, Tamil Nadu, Karnataka, Telangana, Maharashtra, West Bengal and in Saudi Arabia, Qatar and the UAE.
Asher O, managing director of India Operations of Malabar Gold & Diamonds, said: “The group is planning to set up more showrooms as well as manufacturing units in the country, eventually generating more employment opportunities and enhancing initiatives like ‘Make in India’ being implemented by the Indian government.”


Dodge supports women drivers in KSA

Updated 16 July 2018
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Dodge supports women drivers in KSA

Dodge has unveiled a dedicated campaign to empower women drivers. Focused on social media and digital platforms, the campaign features a special video for the Dodge brand entitled “She Roars.”
With women driving in the Kingdom now a reality, there may still be some lingering questions in the minds of female drivers: “Am I ready? Is it really happening? Can I change the norm? Can I do it? Am I ready?” These questions are answered in the Dodge “She Roars” video with the empowering message — “I am Ready”!
Dodge’s campaign will highlight the advanced performance, features, technology and safety innovations available in Dodge vehicles that will make women drivers confident that they are indeed ready for the road.
Supported with a free pickup and delivery service and roadside assistance package available only to female drivers choosing any model from the Dodge lineup, United Motors Company (UMC) — the sole distributor for Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Ram and Mopar in Saudi Arabia — is offering a warm welcome to women looking to hit the road.
UMC’s roadside assistance package, also accessible via a dedicated mobile app, offers immediate support should there be any one of a wide range of common issues, including battery failure, flat tires, running out of fuel, traffic accidents and mechanical/electrical problems.
The Dodge range — Charger, Challenger, Durango and Neon — offers features such as LED headlamps, state-of-the-art TorqueFlite eight-speed transmissions, dual exhausts, leather wrapped steering wheels plus Alcantara and Laguna leather finishes. Among the many available safety features are blind spot and cross path detection, rear parking sensors, rear view camera and advanced air bag systems.