H.R.H Prince Saud Bin Abdulla bin Abdul Aziz & Mr. Yusuff Ali MA, Managing Director - Lulu Group jointly inaugurated the 10th showroom of Malabar Gold & Diamonds in KSA

• Malabar Gold & Diamonds’ opened its 153rd outlet in Jeddah, KSA on Sunday, 29th May.
• This is Malabar Gold & Diamonds’ 10th outlet in KSA & second showroom in Jeddah, first showroom is operating at Gold Souk, Al Balad.

Special Inaugural Offers

• Spend SAR 500 on gold & diamond jewellery to win 1/4 kg gold each in 6 draws – total 1½ kg gold.
• Zero Deduction on 22k Gold (GCC) Exchange
• No making charges on 8 gram gold coins
• Valid until 6th August, 2016.

Dubai, UAE, May 29, 2016:   Malabar Gold & Diamonds, one of the leading jewellery retailer with its presence in 9 countries opens one more outlet in the Kingdom of Saudi Arabia to fortify its presence in the region. H.R.H Prince Saud Bin Abdulla bin Abdul Aziz & Mr. Yusuff Ali MA, Managing Director - Lulu Group jointly inaugurated brand new showroom in Lulu Hypermarket, Event Mall, Jeddah on 29th May, Sunday in the presence of Mr. Shamlal Ahamed MP – Managing Director International Operations, Malabar Gold & Diamonds, Mr. Abdul Salam KP – Group Executive Director, Malabar Group, Mr. Gaffoor Edakkuni – Regional Director, Malabar Gold & Diamonds, Mr. Mohammed Wasem, other dignitaries, invited guests, personalities from media & other well-wishers.

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 spell-bound 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 stone jewelry from Italy, Singapore, Bahrain and India. 

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 - Precious Gem jewelry, Solitaire One – An exclusive solitaire brand, NV – Trendy 18K Gold jewelry, Ago Bay – Pearl jewelry and Starlet - Kids jewelry.

Celebrating the launch, the outlet will offer special promotions on purchase of gold and diamond jewelry. Customers purchasing jewellery worth SAR 500 or more can get a chance to win 1/4 kg gold each in six raffle draws, which makes 1½ kg gold. Customers who spend AED 500 on gold jewellery will get one raffle coupon & customers who spend AED 500 on diamond jewellery will get 2 coupons, thus doubling the chances of winning. In addition, the outlet also offers zero deduction on GCC gold exchange (22K) and customers can also buy 8 gram gold coins without paying any making charges. These offers are valid until 6th August, 2016

Malabar Gold & Diamonds’ customer friendly policies and exceptional customer service has made buying, selling and exchanging jewelry convenient and less time consuming. This gives enough reason for customers to come back to their stores.

The group does not lag behind when it comes to serving the underprivileged as well. The group sets apart a fixed percentage of its net profit to the benefit of needy. The charity projects of Malabar Gold & Diamonds have touched the lives of thousands of people across the world. The aim of the CSR department at Malabar Gold & Diamonds’ is to primarily focus towards five priority areas namely health, education, environment, housing and women empowerment.

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), Jubail and now, Jeddah(2 showrooms). 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.