Indian jewellery brand Malabar Gold & Diamonds has opened three showrooms at Oman Avenues Mall, Nizwa and Ibri, in keeping with its latest expansion plans.
Managing director of international operations at Malabar Gold & Diamonds, Shamlal Ahamed, said: “With 18 showrooms in the Sultanate, we are one of the largest jewellery retailers in the country.”
Malabar Gold & Diamonds is ranked among the largest jewellery retailers globally, with a wide retail network of more than 280 outlets in 10 countries.
In January, the brand won the ‘Oman’s Most Trusted Brand’ award in the jewellery category for the fifth time in a row.
Earlier this year, the brand announced global expansion plans, which will entail an investment of another $107.5 million.
In June, Malabar Gold & Diamonds ran its Sparkling Summer campaign across all of its Oman venues.
The brand, established in 1993, operates outlets across the majority of the GCC countries, including the UAE, Saudi Arabia, Kuwait, Bahrain, Oman and Qatar.
In 2001, Malabar Golds & Diamonds ventured outside India to open its first store in the Gulf region
Malabar Gold & Diamonds’ largest showroom is located in Abu Dhabi, at Mazyad Mall.
“We are getting wide acceptance in the global marketplace. This is the major reason we are expanding our global presence,” said Malabar Group chairman, MP Ahammed.
“Our core business values such as adherence to transparency, honesty and quality along with our value-added services, product designs that are suited to every class of customers’ taste, cutting across age groups are the key factors that give us global acceptance.”
