Malabar Gold & Diamonds opened its new outlet at LuLu Hypermarket, King Faisal Street, Jubail, on Sunday, with offers like 1 gm gold coin free with every purchase of diamond jewelry worth SR5,000 and a gold coin free with every purchase of gold jewelry worth SR3.000.

The jewelry retailer’s latest showroom was jointly inaugurated by Prince Saud bin Abdullah and LuLu Group’s MD Yusuff Ali M.A., in the presence of Jubail Gov. Badr bin Mohammed Al-Otaishan, P.A. Ibrahim Haji, company chairman, Malabar Group, Shamlal Ahamed M.P., MD international operations, Malabar Gold & Diamonds, Abdul Salam K.P., group executive director, Malabar Group, and Gaffoor Edakkuni, regional director, Malabar Gold & Diamonds, Saudi Arabia.

Their outlet in Jubail displays an international collection of classic as well as contemporary jewelry crafted in gold, diamond and platinum at “attractive prices.” The astounding creation of Malabar Gold & Diamonds’ branded jewelry, including Ethnix — handcrafted designer jewelry, Era — uncut diamond jewelry, Mine — diamonds unlimited, Divine — Indian heritage jewelry, Precia — precious gem jewelry and Starlet — kids jewelry.

As a part of the inaugural offers, customers who purchase diamond jewelry worth SR5,000 will get 1 gm gold coin free and every purchaser of gold jewelry worth SR 3,000 will get a free gold coin. This offer is valid until March 31 at the Jubail outlet.

The group also offers a Zero Deduction Exchange scheme through which customers can update their old ornaments to the latest collection of Malabar Gold & Diamonds without any loss. Any 22 ct old gold ornaments can be exchanged with the latest Malabar Gold & Diamonds designs by paying only making charges ensuring they do not lose any value on the rate of gold.

Malabar Gold & Diamonds started its international operations in 2008.