Prince Saud bin Abdulla bin Abdul Aziz and Yusuffali M.A., MD of LuLu Group, jointly opened the new showroom of Malabar Gold & Diamonds, in Dammam on Wednesday.

Those present included P.A. Ibrahim Haji, co-chairman, Malabar Group; Shamlal Ahamed M.P., MD international operations, Malabar Gold & Diamonds; Abdul Salam K.P., group executive director, Malabar Group; Gaffoor Edakkuni, regional director, Malabar Gold & Diamonds; and Mohammed Wasem.

This is the group’s 145th outlet globally, ninth in Saudi Arabia and second in Dammam, where this is the first operating at Gold Souk in Ladies Market.

The new showroom displays a significantly large collection of traditional as well as contemporary jewelry in gold, certified diamonds, platinum and precious stone jewelry from across the world.

It showcases gold jewelry in 18K and 22K. To add more glitter to the occasion, the jewelry group has made promotional offers like all the other outlets in the region; this outlet also takes part in the ongoing Malabar Gold & Diamond festival campaign giving customers a chance to win up to 250,000 gold coins and up to 2 million cash refund.

“Spend SR2,000 on gold and diamond jewelry and win a guaranteed gold coin or up to 100 gold coins instantly. Get guaranteed cash refund with every diamond jewelry purchase. Up to 100 percent of the purchase can be won,” the company stated.

Customers can also enjoy zero deduction exchange offer, where they can exchange their old 22K jewelry with the latest jewelry designs of Malabar Gold & Diamonds by paying only making charges ensuring they don’t lose any value on the rate of gold.

Furthermore, 8 gm gold coins can be bought from the company’s outlets with no making charges during the campaign period. These offers are valid until Jan. 31.