Malabar Gold & Diamonds opens store in UAE

Malabar Gold & Diamonds has launched a new store in Al Nakheel, Ras Al-Khaimah, UAE, marking its overall 112th showroom globally, reports say. This is in line with the company’s expansion plans in the international market. The company is one of the largest jewellery retail chains in India and already operates over 74 stores in the country, with the remaining in overseas markets. It is intending to expand its retail footprint further in Western Asia, Singapore and the Middle East, reports add.

The new showroom in the UAE was inaugurated by Indian film star Fahadh Faasil, in the presence of dignitaries and company officials, reports say, This outlet will offer gold, diamond and platinum jewellery crafted as an international collection of classic, contemporary jewellery. To mark the launch occasion, Malabar Gold is running inaugural offers at the store till April 20. A buyer of diamond jewellery gains a Scratch N Win coupon – an opportunity to win guaranteed cash refund and a chance to win up to 100 percent of the purchase. A free gold coin with every purchase of gold jewellery upto a certain value is also being offered.