Latest news with #JoyalukkasGroup
Daily Tribune
17-05-2025
- Health
- Daily Tribune
Joyalukkas Hosts Nurses Day Celebrations at Leading Hospitals Across Kingdom of Bahrain
In celebration of Nurses Day, Joyalukkas – the world's favourite jeweller, honoured nursing professionals at several renowned hospitals across Bahrain, recognising their extraordinary commitment to compassionate care and community wellbeing. Celebrations took place at various hospitals of Bahrain – where nurses were appreciated within their work environments in heartfelt ceremonies. Tokens of appreciation were presented to acknowledge their devoted service and to honour the essential role they play in the healthcare system. Mr. John Paul Alukkas, Managing Director, Joyalukkas Group, said, ' Nurses are the silent strength behind every patient's recovery and comfort. Their kindness and commitment deserve to be celebrated not just today, but every day. We are proud to stand with healthcare professionals through this small gesture. ' The initiative is part of Joyalukkas' enduring support for healthcare workers and its deep-rooted involvement in various community initiatives. Through such efforts, the brand continues to reinforce its belief in honouring those who serve society with dignity and devotion.
Muscat Daily
11-05-2025
- Business
- Muscat Daily
Joyalukkas Exchange opens 46th branch in Oman at Nesto Hypermarket
Muscat – Joyalukkas Exchange, a leading financial remittance company in Oman, has inaugurated its 46th branch and the 97th globally—at Nesto Hypermarket in Bilad Mall, Mabellah. The event was attended by a large crowd and was marked by vibrant celebrations. The new branch was officially inaugurated by Raul S. Hernandez, Ambassador of the Republic of Philippines to Oman, in the presence of Joyalukkas Group Chairman Joy Alukkas, company staff, and hundreds of a fast-developing area with thousands of working-class expatriates from various nationalities, is expected to benefit greatly from the opening of this new branch. Speaking at the ceremony, Ambassador Raul S. Hernandez remarked, 'Opening 46 branches in one country is a true testament to Joyalukkas Exchange's credibility and excellence. The company plays a vital role in supporting the families of the countless expatriates, including many Filipinos, working in Oman. I hope this exceptional service continues to grow with even more distinction.'Chairman Joy Alukkas expressed his gratitude to customers for their trust and support. He credited this milestone achievement to the backing of both local citizens and expatriates. 'Through the visionary leadership of His Majesty Sultan Haitham bin Tarik and Oman's Vision 2040 plan, we are proud to be contributing to national development. We are committed to opening more branches this year, which will also create additional job opportunities, including for local citizens,' he Manager Nixon Baby thanked the Sultan and the people of Oman for their continued support, emphasizing that the rapid growth to 46 branches in such a short time is a direct result of customer trust. 'Even though our customers can send money home via our mobile app and don't need to visit our branches, many still choose to experience our excellent service in person. That's why opening more branches is not a challenge for us—we are dedicated to delivering exceptional service to everyone,' he General Manager Ansar Shenthari highlighted that their services, including the mobile application, will continue to improve, and that the organisation will remain committed to its social grand opening was also attended by Anto P. Jose, Regional Manager of Joyalukkas Jewellery Group, Fahad Al Habsi from the Human Resources Department, representatives from various financial institutions, and many individuals from the social and cultural spheres who offered their best wishes. The inauguration ceremony drew hundreds of attendees, including both locals and expatriates. Cultural performances such as a traditional Kerala chenda melam (drum ensemble), a magic show, and dance performances added color and energy to the celebration.
Khaleej Times
23-04-2025
- Business
- Khaleej Times
Gold prices hit new highs in UAE: Some shoppers sell old jewellery, delay buying new
As gold prices hit record highs in the UAE, some budget-conscious shoppers are cashing in by selling old jewellery, while others are delaying new purchases. Jewellers in Dubai said there was a small 'reduction in the volume of gold jewellery purchases ' as some shoppers shifted to smaller ornaments and gold coins as an investment in uncertain times. However, gold maintains its strong appeal as a safe-haven asset among Dubai and UAE shoppers, with sales being "stable". Gold prices touched $3,500 per ounce on Tuesday globally due to the US tariff row, geopolitical tensions, and central bank buying among others. But prices slipped below $3,400 on Wednesday morning, trading at $3,355.86 per ounce. In Dubai also, the precious metal hit an all-time high as 24K touched Dh420 per gram while 22K reached Dh388.75 per gram on Tuesday. "While the higher prices may have led to a slight reduction in the volume of gold jewellery purchases, it has not been significant enough to cause a drastic drop. However, we are seeing a shift in buying behaviour, with customers opting for more lightweight and smaller pieces, as well as exploring options like gold coins and smaller investment pieces," said Joy Alukkas, chairman of Joyalukkas Group. He noted that they have seen an increase in customers selling their old gold jewellery, particularly those looking to benefit from the high prices. "Many are exchanging their old pieces for newer designs, while others are using it as an opportunity to lock in the current gold rate before prices potentially rise further." Shamlal Ahamed, managing director for international operations, at Malabar Gold and Diamonds, said while a 'small slowdown' in purchases can be expected amongst price-conscious consumers, such dips are typically short-lived as consumers adapt to the new price range. 'Notably, there has been no significant rise in gold exchange transactions, indicating that customers are holding onto their gold assets — a strong sign of their trust in its lasting worth and stability." Stable sales Ahamed said despite gold prices reaching record highs, customer sentiment has remained resilient. "Demand continues to be steady, highlighting the deep-rooted belief in gold's enduring value and its role as a secure and value appreciating investment.' Despite the high gold prices, Joy Alukkas added, sales have been 'stable' across all of their showrooms. "Some shoppers are cautious and hesitant, many are still purchasing gold as they view it as a stable, long-term investment.' He revealed that some shoppers are 'still buying for special occasions, celebrations or as a part of their long-term wealth preservation strategy.' 'We continue to see positive trends in sales, thanks to our attractive offers and innovative designs that meet the current market demand,' added Alukkas.
Gulf News
21-04-2025
- Business
- Gulf News
Pope Francis' legacy will continue to inspire millions: UAE business leaders
Dubai: Leading UAE business leaders have joined the global chorus of mourners following the passing of Pope Francis. Their heartfelt tributes underscore the pontiff's ability to transcend religious boundaries and inspire a shared commitment to human values. Joy Alukkas, Chairman of the Joyalukkas Group, said, "It is with a heavy heart that we learn of the passing of Pope Francis. His unwavering commitment to compassion, peace and service to humanity has left an indelible mark on the world. His kindness, humility and ability to bring people together transcended borders, inspiring millions around the globe." Alukkas further conveyed gratitude for the "legacy of love and understanding" the Pope leaves behind, hoping his teachings will continue to inspire kindness and empathy. Echoing this sentiment, Shamlal Ahamed, MD-International Operations at Malabar Gold and Diamonds, highlighted the Pope's dedication to social betterment. "The life and work of Pope Francis stand as a testament to compassion, humility, and service. His commitment to charitable initiatives and the upliftment of the underprivileged has left a lasting global impact. His legacy will continue to inspire acts of kindness and social responsibility across generations." Dr Azad Moopen, Founder Chairman of Aster DM Healthcare, reflected on the significant connection between Pope Francis and the UAE, a nation known for its tolerance and interfaith harmony. 'In the UAE, a nation that champions tolerance and interfaith harmony, his historic visit in 2019 marked a defining moment, strengthening the values of coexistence and mutual respect that we hold dear.' Dr Moopen emphasized the Pope's openness to dialogue, his advocacy for the vulnerable, and his efforts to bridge divides, recognizing him as 'not only a beloved spiritual leader but also a global symbol of hope, compassion, and change.' He believes the Pope's legacy will continue to inspire communities worldwide. Leroy Dias, Founder and CEO of SteelCorr in Dubai, remembered Pope Francis as an 'inspirational and open-minded leader, one who truly left his mark.' Dias also acknowledged the UAE government's role in facilitating the Papal visit, showing 'kindness and tolerance to the Christian community here.' He fondly recalled the Pope's historic visit and his work in strengthening relationships between communities, appreciating his 'kindness and compassion to all.' Dias concluded by quoting one of his favorite sayings from the late Pope: 'We all have a duty to do good,' highlighting the enduring impact of his simple yet profound message.
Khaleej Times
27-03-2025
- Business
- Khaleej Times
Joyalukkas announces 10% advance pre-book offer with exclusive benefits
Joyalukkas, the world's favourite jeweller, has launched its highly anticipated 10 per cent advance pre-book offer, running from March 24 to April 30, 2025. This exclusive offer allows customers to secure their desired jewellery at the lowest gold rate, while benefiting from price protection and additional rewards. Exclusive benefits for customers Gold price protection - Customers can lock in their gold purchase price and protect themselves against price fluctuations. If gold prices increase, they pay the lower pre-booked rate, while if prices drop, they benefit from the lower rate at the time of purchase. Dh250 diamond gift voucher - First-time bookings made via the Joyalukkas mobile app before April 17, 2025 will receive a complimentary Dh250 diamond gift voucher. This limited-time offer provides a dual advantage - customers gain protection against price hikes while benefiting from any rate reductions, ensuring maximum value for their investment. Whether purchasing for a special occasion or as an investment, the 10 per cent advance pre-book offer offers flexibility and financial security. John Paul Alukkas, managing director of Joyalukkas Group, said: "At Joyalukkas, we continuously strive to enhance our customers' shopping experience. Our 10 per cent advance pre-book offer is designed to help customers navigate the volatility of gold prices with confidence. This initiative allows them to secure the lowest rates while enjoying exclusive incentives, such as the Dh250 diamond gift voucher, making it the perfect opportunity to invest in gold." The offer is available across all Joyalukkas showrooms, ensuring customers can easily take advantage of this promotion. With a commitment to high-quality jewellery, exceptional value, and outstanding customer service, Joyalukkas continues to set the benchmark in the industry.
