Malabar Gold to open two new Saudi stores

The new showroom in Jeddah is the brand’s second showroom in Al-Balad’s gold market and the third in Jeddah.
Updated 04 February 2019

Malabar Gold to open two new Saudi stores

Indian jewelry retailer Malabar Gold & Diamonds will inaugurate this week two new stores in the Kingdom.

The company’s 13th Saudi showroom will open on Wednesday at 5 p.m. in Jeddah’s Al-Balad district while the 14th showroom in the Kingdom will be inaugurated on Thursday at 6:30 p.m. in Madinah.

The new showroom in Jeddah is the brand’s second showroom in Al-Balad’s gold market and the third in Jeddah. Malabar Gold & Diamonds also operates in Lulu Hypermarket in the city’s Amir Fawaz district.

The brand, which has a showroom in Makkah, is all set to open its first store in the holy city of Madinah. It is located near Gate No.17 of the Prophet’s Mosque.

Both outlets will unveil a significantly large collection of traditional as well as contemporary designer jewelry in 18-carat, 22-carat and 24-carat gold, alongside diamond, uncut diamond and precious gem jewelry.

To celebrate the launch of the two new stores, Malabar Gold has announced a number of inaugural offers. Customers will receive a 1-gram cold coin on diamond jewelry purchases of SR3,000 ($800). They can also avail a zero deduction exchange offer on a 22-carat old gold exchange. These offers are valid only at the two new stores until Feb. 23.

The jeweler’s exclusive brands include: Ethnix — handcrafted designer jewelry; Era — uncut diamond jewelry; Mine — diamonds unlimited; Divine — Indian heritage jewelry, Precia — gem jewelry; and Starlet — children’s jewelry.

Malabar Gold has a strong retail network of 250 outlets spread across 10 countries.

It is the flagship company of Malabar Group, a diversified Indian business conglomerate.

Established in 1993 in the Indian state of Kerala, Malabar Gold & Diamonds today has an annual turnover of $4.51 billion and the company currently ranks No.1 among the largest jewelry retailers globally.

Bosch opens flagship store in Jeddah

Updated 16 February 2019

Bosch opens flagship store in Jeddah

European home appliances brand Bosch has opened its flagship store in the Kingdom. The showroom, located in the heart of Jeddah, was recently inaugurated in the presence of Holger G. Ziegeler, the German consul general in Jeddah. 

Spread across 300 square meters of built-up area, the new Bosch store makes room for a product display ranging over 100 different appliances and models, all designed by German engineers. 

The showroom follows a two-story structure, with the ground floor dedicated to product showcases according to themes and categories. 

It hosts a welcome area, a brand heritage and innovation wall along with areas dedicated to kitchen inspiration, cooling, laundry, cooking and baking. The floor above makes room for a live cooking area and a “Perfect Kitchen” concept. 

“Our new flagship store strengthens our brand presence in the Saudi market and complements our existing network of outlets — which are currently in shop-in-shop forms,” said BSH Home Appliances CEO Tomas Alonso.

He added: “This purpose-built space will help us deliver the quality, innovation, design intelligence and efficiency that Bosch stands for. Bosch prioritizes innovation in the service of a healthy balanced life, and I look forward to people exploring the concept themselves in this beautiful new space.” 

The showroom will also showcase the strides Bosch is making toward intelligent eco-friendliness, where appliances reduce their energy and water footprints. Consumers not only give back to the environment but also save costs through reduced utility bills. 

The store, operated by Bosch Home Appliances Saudi Arabia distributor and partner Abdul Latif Jameel Electronics, also serves as a logistics hub for Bosch products across the Kingdom.

“Bosch products have proved very popular with Saudi households thanks to the brand’s association with quality, trust and excellent design. Bosch products are invented for life, with the goal of making life noticeably easier, healthier and more balanced. We are proud to be exclusive partners and distributors of Bosch in the Kingdom, and are delighted to be able to welcome customers to a new, easily accessible location,” said Hisham Hamza, CEO of Abdul Latif Jameel Electronics.

The showroom is open from 9 a.m. until 9 p.m., Saturday to Thursday.

BSH Bosch und Siemens Hausgeräte GmbH is the largest manufacturer of home appliances in Europe and one of the leading companies in the sector worldwide. 

The group was founded in 1967 as a joint venture between Robert Bosch GmbH (Stuttgart) and Siemens AG (Munich). Today, BSH operates 40 factories in 13 countries in Europe, the US, Latin America and Asia.