Abdul Aziz Khalid Al-Ayaf, Secretary General of the Al-Ahsa Chamber of Commerce and Industry, along with NRI business tycoon Padmashri Dr. Ravi Pillai, Managing Director of Nasser S. Al-Hajri Corporation, inaugurated the new showroom.
Malabar Gold claims to be the only Indian jewelry group to boast of a presence in all the Gulf countries.
In recent years, Malabar Gold has created new trends in jewelry design styles by introducing their branded collection of gold jewelry to Middle East and Indian markets.
Dr. P.A. Ibrahim, Co-Chairman of Malabar Group, told Saudi Gazette that as part of their ambitious expansion plans in the Middle East, they are planning to open new outlets in Jeddah, Makkah, Madina, Abu Dhabi and Ruwi soon. The Jeddah outlet will be opening within a month, he added.
“We also plan to expand the business to Europe, the US and East Asian countries,” Ibrahim remarked. “The first showroom in the Middle East was opened in 2008 in Sharjah and since then, Malabar Gold has been able to open 19 branches in the region. We see this as a great achievement and our customers are looking forward to seeing our new collections like Ethinix, Mine, Era, Persia, Starlet and Divine.”
The first sale of gold was made to Sridevi Menon, Principal of Al-Khozama International School by Abdul Aziz Khalid Al-Ayaf. The first sale of Era was made to Sanyasi Rao, a Project Engineer at Aramco by Padmashree Dr. Ravi Pillai and the first sale of Diamond was made to Abdul Kamal Lialat Ditta by Mohammed Wasim Al-Khahtani.
– Saudi Gazette