Malabar Gold and Diamonds announced the opening of its 2nd outlet in Bahrain located a Lulu Hypermarket Riffa.
Othman Sharif Al Rayees, Treasurer at the Bahrain Chamber of Commerce and Industry, who is also acting CEO of the BCCI and Member of Parliament inaugurated the showroom in the presence of Malabar Group Chairman Ahammed MP, Co Chairman Ibrahim Haji P A, MD international operations Shamlal Ahammed MP, Group Executive Director Abudul Salam K P, Regional Head Sakheer, Branch Head Mohammed Rafeek, Malabar Group investors, invited guests and member of media.
Malabar Gold and Diamonds offers amazing gifts as inaugural offers through this outlet until 15th February 2013. The customers get a fabulous opportunity to win up to 100,000 gold coins and up to BD 100,000 instant cash refund. Customers who buy gold and diamonds jewellery worth BD 500 or more will get a ‘Scratch and Win’ coupon for a guaranteed gold coin and an opportunity to win up to 100 gold coins instantly. On every diamond purchase, the customers get a ‘Scratch & Win’ coupon for a guaranteed cash refund with a chance to win up to 100% cash back.
The group also offers a Zero Deduction exchange scheme through which customers can update their old ornaments to the exquisite collection of Malabar Gold and Diamonds with zero loss. Any 22 ct old gold ornaments can be exchanged with the latest Malabar Gold & Diamonds designs by paying only making charges ensuring they do not lose any value on the rate of gold.
The jewellery chain showcases meticulously crafted unique collection of classic, contemporary and stylish designs in gold, diamonds and precious stones to suit the specific budgets of every customer. The astounding creation of Malabar Gold & Diamonds’ branded jewellery segment ; Era- uncut diamond jewellery, Ethnix- hand crafted designer jewellery, Mine- diamonds unlimited, Divine- Heritage jewellery, Precia- precious gem jewellery, Starlet- kids jewellery and D’ VA- teenage jewellery are the epitome of style and impeccable craftsmanship.
Malabar Gold and Diamonds has a strong retail network of over 80 outlets spread across seven countries. This is in addition to their wholesale units and manufacturing divisions spread across India and the Middle East. The group is continuing to drive its presence across India and the key international markets.
To meet with the increasing customer demands, the Group is planning to open 17 more retail outlets in GCC and aims to expand its network to 120 retail outlets from the existing 81, spread across India, GCC and South East Asia by the end of the year 2013.