Malabar Group to distribute iftar meals

Updated 27 May 2018
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Malabar Group to distribute iftar meals

Malabar Gold and Diamonds has planned a month-long corporate social responsibility (CSR) campaign in association with like-minded organizations to benefit the needy in Ramadan. Over 70,000 iftar meals will be distributed during this period.
Since its inception in 1993, Malabar Group has been actively involved in CSR activities with the aim of creating a difference to the community in and around its area of operations. The group sets aside five percent of its net profit for the benefit of the needy in the respective markets it operates in. It undertakes social welfare activities all year long, focusing on five priority areas — medical, education, environment, housing and women empowerment.
Malabar Gold and Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate.


AHG denies link with Al-Habtoor Trading Enterprises

Updated 16 January 2019
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AHG denies link with Al-Habtoor Trading Enterprises

Al-Habtoor Group (AHG) has clarified that the group and all its divisions, including Habtoor Hospitality (Habtoor Hotels) have no link or relationship of any kind with Al-Habtoor Trading Enterprises (HTE) and its owner Rashid Al-Habtoor.

This is following news released in major Indian and Middle Eastern media about a potential acquisition of the Leela Group of Hotels in India (Hotel Leela venture) by Rashid Al-Habtoor, founder and owner of Al-Habtoor Trading Enterprises.

A spokesperson for Al-Habtoor Group said: “We feel obligated to clarify that Al-Habtoor Group in all its divisions and Al-Habtoor Trading Enterprises are two separate entities. Habtoor Hospitality, commonly known as Habtoor Hotels, is owned solely by Al-Habtoor Group in the UAE and overseas.”

“... Any actions or business decisions taken by Al-Habtoor Trading Enterprises or any of their associates are their sole responsibility, and Al-Habtoor Group is not liable under any circumstance for any damages or liabilities arising directly or indirectly from Al-Habtoor Trading Enterprises business ventures.”