Malabar Gold & Diamonds – the leading jewelry retailer – is extending its presence in Saudi Arabia by opening a new showroom in Jeddah Street, Jubail and also reopens its renovated and expanded showroom at Ladies Market, Gold Souq, Dammam on the same day . Already having 10 outlets across KSA, Malabar Gold & Diamonds is now launching its 11th outlet in KSA on Thursday (Feb. 9) at 7.30 p.m. in Jeddah Street, Jubail. The company will also reopen its renovated and expanded showroom on the same day at 4 p.m. in Ladies Market, Gold Souq, Dammam. The company will also open 2 more new showrooms in the KSA soon at LuLu Hypermarket – Hail and LuLu Hypermarket – Al Hassa.
The outlet unveils a significantly large collection of traditional as well as contemporary designer jewelries. The exquisite range of collections in the new outlet can hold you spellbound with their awe-inspiring beauty and classic designs. Like all their other outlets, this outlet also will exhibit a wide range of diverse and trendy designs in gold (18 K & 22 K), IGI certified diamonds and precious gem jewelry from Italy, Singapore, Bahrain and India.
The launch of 2 showrooms will be celebrated exhibiting the finest collection of gold and diamonds in addition to offering exciting promotions for their customers. Celebrating the launch, the outlet will offer special promotions on purchase of diamond jewelry. Customers who spend SR5,000 on diamond jewelry will get a 2 gram gold coin free and customers who spend SR3,000 on diamond jewelry will get a 1 gram gold coin absolutely free. Customers can also avail zero deduction exchange offer on 22K old gold exchange. These offers are valid until Feb. 18.
The branded jewelry segment of Malabar Gold & Diamonds is renowned globally for their flawless craftsmanship and impeccable style. The exclusive brands available at Malabar Gold & Diamonds includes Ethnix - Handcrafted Designer Jewelry, Era - Uncut Diamond jewelry, Mine - Diamonds Unlimited, Divine- Indian Heritage jewelry, Precia - Gem jewelry and Starlet - Kids jewelry.
Malabar Group has established its presence in the Middle East market in a surprisingly short span of time. The group strives to continue embarking on its journey by further expanding in the near future. In Kingdom of Saudi Arabia, Malabar Gold & Diamonds operates in Al Khobar, Dammam (2 showrooms), Makkah, Riyadh (Murabbah, Batha & Khurais Road), Jeddah (2 showrooms) and now 2 showrooms in Jubail. Malabar Gold & Diamonds has always been at the forefront in gold jewelry manufacturing, wholesaling and retailing and plans on being the ‘most- preferred’ choice in the market in the following years.
Malabar Gold & Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate. Established in 1993 in the Indian state of Kerala, Malabar Gold & Diamonds today has a strong retail network of over 168 outlets spread across nine countries, 10 wholesale units in addition to offices, design centers and factories spread across India, Middle East & Far East. With an annual turnover of $4.5 billion, the company currently ranks among the BIG 5 jewelry retailers globally.
The group also operates MGD – Lifestyle Jewelry, a retail concept offering trendy and light weight jewelry that represents the independent and the modern woman through its designs and collections. The group, owned by over 1,700 shareholders excels in quality products and services, has more than 10,000 professionals working for its continued success. Malabar Gold & Diamonds also features an online store – www.malabargoldanddiamonds.com providing customers the opportunity to purchase their favorite jewelry any time and on any day from the comfort of their home.
