Latest news with #M.PAhammed
Daily Tribune
16-04-2025
- Business
- Daily Tribune
Malabar Gold & Diamonds unveils new concept showroom at UW Mall, Dubai
Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with over 390 showrooms across 13 countries, has just unveiled their stunning new showroom in Dubai at UW Mall. Making it the 65th outlet of the brand in the UAE, the showroom was inaugurated by acclaimed actress and brand ambassador of Malabar Gold & Diamonds, Kareena Kapoor Khan. Malabar Group Chairman, Mr. M.P Ahammed; Vice-Chairman, Mr. Abdul Salam K.P; Managing Director of International Operations, Mr. Shamlal Ahamed; Managing Director of India Operations, Mr. Asher O; Senior Director of Malabar Group, Mr. Mayankutty C; family members of Malabar Group' senior leadership, other management team members from Malabar Gold & Diamonds, customers & well-wishers were also present. The impending appearance of Kareena Kapoor Khan drew massive crowds to UW Mall, eager to catch a glimpse of the Bollywood diva in her full splendor. As part of the showroom's grand opening, Malabar Gold & Diamonds has unveiled exciting inaugural offers for its customers. Customers can enjoy free gold coins on the purchase of diamond & precious gem above AED 3000. The offers are valid till 30th April 2025. Malabar Group Chairman M.P Ahammed said: 'With our global showroom count soon approaching the 400 mark, we are steadily moving closer to our vision of becoming the world's No. 1 jewellery retailer. We extend our heartfelt gratitude to our customers, partners, and team members whose continued trust and support have been instrumental in this journey.' UW mall Located at UW mall (next to Burjuman), the new showroom, which is Malabar Gold & Diamonds' 65th outlet in the UAE, is designed to offer an elevated shopping experience, blending breathtaking design portfolio with unparalleled customer service. With a luxurious ambiance, personalized services, and a curated selection of gold, diamond, and bridal collections across Malabar Gold & Diamonds numerous exclusive brands such as Mine, Era, Viraaz, Precia, Ethnix & Divine, the showroom promises to redefine jewellery retail in the heart of Dubai. The showroom also features amenities such as a luxurious customer lounge to facilitate a comfortable shopping experience. 'At Malabar Gold & Diamonds, we have always believed in going beyond just selling jewellery; we aim to create moments, memories, and unmatched value for our customers. This new space is a testament to that vision', commented Mr. Shamlal Ahamed, MD-International Operations, Malabar Gold & Diamonds. 'Having our brand ambassador Kareena Kapoor Khan inaugurate the showroom made this occasion even more special,' he continued. 'Artistry' jewellery exhibition The new showroom at UW Mall will also be hosting Malabar Gold & Diamonds signature, 'Artistry' jewellery exhibition from the 18th April to 4th May. A true celebration of craftsmanship, Artistry brings together some of the most exclusive and exquisite designs from across the Malabar Gold & Diamonds global portfolio. 'The overwhelming response from our customers at the launch of this showroom reaffirms our belief in the strength and vibrancy of this market,' said Mr. Abdul Salam K.P, Vice Chairman of Malabar Group.
Daily Tribune
05-03-2025
- Business
- Daily Tribune
Malabar Gold & Diamonds to donate over 250,000 Iftar meals for Ramadan
Malabar Gold & Diamonds to donate over 250,000 Iftar meals for Ramadan TDT | Manama Reinforcing its dedication to social responsibility, Malabar Gold & Diamonds, the 6th largest jewellery retailer globally has announced the community welfare activities the brand will be carrying out for the month of Ramadan. These efforts will be carried out alongside the company's yearround ESG (Environmental, Social, and Governance) programs across its 13 global markets. Partnering with embassies, government bodies, NGOs, and like-minded organizations, Malabar Gold & Diamonds will extend essential food support to families and individuals in need throughout Ramadan, ensuring that the spirit of generosity reaches those who need it the most. Over 250,000 Iftar meals will be distributed as part of this year's Ramadan food distribution drive across the UAE, KSA, Bahrain, Qatar, Oman, Kuwait, Malaysia, Singapore, the USA, the UK, Canada & Australia. In Bahrain, Iftar meals will be distributed amongst laborers in Asker, Ma'ameer, Hamad Town, Salambad & Hidd. The meal distribution drive will be also conducted in association with KMCC, Royal Charity Organisation, Samastha Bahrain, Friendship Society for the Blind & Tree of Life Charity Society. 'The Hunger Free World project has been one of Malabar Group's most important initiatives since our inception in 1993. Spanning 85 locations globally, our efforts to eradicate hunger are further boosted during the holy month of Ramadan,' commented Mr. M.P Ahammed, Chairman of Malabar Group. 'Ramadan is a time of compassion, generosity, and reflection, making it the ideal occasion to strengthen our commitment to fighting hunger. By expanding our food distribution efforts during this sacred month, we aim to embody the true spirit of Ramadan and ensure that no one goes without a meal.' 'Our Ramadan welfare programs are driven by the dedication and compassion of our entire team. From identifying areas in need to actively participating in food distribution, our employees are at the heart of this initiative. Their involvement highlights the strong culture of social responsibility that defines our organization. We also extend our deepest gratitude to our valued customers, whose unwavering support allows us to continue these meaningful initiatives,' remarked Mr. Abdul Salam K P, Vice Chairman of Malabar Group 'Malabar Gold & Diamonds has always stood for more than just jewellery retail. Our community support programs reflect our ethos of shared prosperity, ensuring that our success benefits all stakeholders, especially society at large. Through our large-scale Iftar meal distribution, we aim to make a significant impact and inspire other organizations to embrace similar initiatives,' added Mr. Shamlal Ahamed, Managing Director – International Operations, Malabar Gold & Diamonds. ESG (Environmental, Social & Governance) initiatives have been the primary commitment of Malabar Group since its inception in 1993, with 5% of net profits set aside towards such initiatives in each country of operations. The key focus is in the areas of Health, Hunger Free World, Housing, Education, Women Empowerment & Environment. Integrating the principles of responsibility and sustainability into its core business, the ESG goals of Malabar Group are periodically strengthened to remain a socially conscious and responsible organization.
Daily Tribune
11-02-2025
- Business
- Daily Tribune
Malabar Gold & Diamonds to expand into New Zealand
Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with over 375 showrooms across 13 countries, is set to expand its footprint into New Zealand. This strategic move is aligned with the Comprehensive Economic Partnership Agreement (CEPA) signed between the United Arab Emirates and New Zealand, which fosters increased trade and economic collaboration between the two nations. With the entirety of Malabar Gold & Diamonds' international operations based out of the Malabar International Hub in the UAE, the signing of CEPA between the UAE & New Zealand will enable the brand to further streamline their business operation as it relates to expanding their retail presence into the 14th global country of operation. 'As a globally recognized jewellery retailer managing its international operations from the UAE, the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and New Zealand significantly bolsters our efforts to enter this new market. This agreement not only allows us to strengthen economic ties but also provides us with an opportunity to introduce our products and services to a whole new audience. By capitalizing on the opportunities presented by this bilateral trade agreement, Malabar Gold & Diamonds marks a significant milestone in our overarching vision to become the world's number one jewelry retailer.', commented Mr. M.P Ahammed, Chairman of Malabar Group. In the initial phase of its expansion into New Zealand, Malabar Gold & Diamonds will invest NZD 75 million to establish its presence in the region. This significant investment will see the launch of three worldclass showrooms, bringing the brand's exceptional jewellery collections and renowned craftsmanship to New Zealand's discerning customers. "It's encouraging to see the CEPA already driving increased trade and investment between our two countries," said New Zealand Trade Commissioner to the United Arab Emirates and Consul General to Dubai & Northern Emirates, Mr. Ahmad Zakkout. 'We're excited to continue fostering investment and business opportunities between New Zealand and the United Arab Emirates.", he continued. 'New Zealand is a market brimming with potential, offering us an exceptional opportunity to connect with a diverse customer base that appreciates the artistry, quality, and authenticity synonymous with Malabar Gold & Diamonds,' commented Mr. Shamlal Ahamed, Managing Director – International Operations, Malabar Gold & Diamonds. 'As the UAE stands as one of the world's premier jewellery trading hubs and the base of our international operations, the provisions in CEPA that promotes UAE-NZ trade opens a more efficient and streamlined pathway into the market. With a legacy built on trust, transparency, and customer satisfaction, this expansion into New Zealand represents a transformative step in redefining the region's jewellery landscape'. 'While our global growth has been rapid, it has always remained firmly aligned with our ESG (Environmental, Social, and Governance) principles. With a 100% track record of strict compliance with local regulations, our expansion into New Zealand will uphold our commitment to operating as a model organization that prioritizes responsibility and sustainability in every aspect of its business. This is in line with the trade and development chapter charted out in the CEPA' said Mr. Abdul Salam K.P, Vice Chairman of Malabar Group. In addition to introducing its signature collections & services to jewellery lovers in New Zealand, Malabar Gold & Diamonds will continue its commitment to sustainability and ethical practices. The new showrooms will adhere to the brand's globally recognized standards of ethical sourcing, eco-friendly processes, and social welfare initiatives.
Muscat Daily
10-02-2025
- Business
- Muscat Daily
Malabar Gold and Diamonds to expand into New Zealand
Malabar Gold & Diamonds to expand into New Zealand, leveraging the opportunities created by the UAE-New Zealand Comprehensive Economic Partnership Agreement (CEPA) Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with over 375 showrooms across 13 countries, is set to expand its footprint into New Zealand. This strategic move is aligned with the Comprehensive Economic Partnership Agreement (CEPA) signed between the United Arab Emirates and New Zealand, which fosters increased trade and economic collaboration between the two nations. With the entirety of Malabar Gold & Diamonds' international operations based out of the Malabar International Hub in the UAE, the signing of CEPA between the UAE & New Zealand will enable the brand to further streamline their business operation as it relates to expanding their retail presence into the 14th global country of operation. 'As a globally recognised jewellery retailer managing its international operations from the UAE, the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and New Zealand significantly bolsters our efforts to enter this new market. This agreement not only allows us to strengthen economic ties but also provides us with an opportunity to introduce our products and services to a whole new audience. By capitalising on the opportunities presented by this bilateral trade agreement, Malabar Gold & Diamonds marks a significant milestone in our overarching vision to become the world's number one jewelry retailer.', commented Mr. M.P Ahammed, Chairman of Malabar Group. In the initial phase of its expansion into New Zealand, Malabar Gold & Diamonds will invest NZD 75 million to establish its presence in the region. This significant investment will see the launch of three world-class showrooms, bringing the brand's exceptional jewellery collections and renowned craftsmanship to New Zealand's discerning customers. 'It's encouraging to see the CEPA already driving increased trade and investment between our two countries,' said New Zealand Trade Commissioner to the United Arab Emirates and Consul General to Dubai & Northern Emirates, Mr. Ahmad Zakkout. 'We're excited to continue fostering investment and business opportunities between New Zealand and the United Arab Emirates.', he continued. 'New Zealand is a market brimming with potential, offering us an exceptional opportunity to connect with a diverse customer base that appreciates the artistry, quality, and authenticity synonymous with Malabar Gold & Diamonds,' commented Mr. Shamlal Ahamed, Managing Director – International Operations, Malabar Gold & Diamonds. 'As the UAE stands as one of the world's premier jewellery trading hubs and the base of our international operations, the provisions in CEPA that promotes UAE-NZ trade opens a more efficient and streamlined pathway into the market. With a legacy built on trust, transparency, and customer satisfaction, this expansion into New Zealand represents a transformative step in redefining the region's jewellery landscape'. 'While our global growth has been rapid, it has always remained firmly aligned with our ESG (Environmental, Social, and Governance) principles. With a 100% track record of strict compliance with local regulations, our expansion into New Zealand will uphold our commitment to operating as a model organization that prioritizes responsibility and sustainability in every aspect of its business. This is in line with the trade and development chapter charted out in the CEPA' said Mr. Abdul Salam K.P, Vice Chairman of Malabar Group. In addition to introducing its signature collections & services to jewellery lovers in New Zealand, Malabar Gold & Diamonds will continue its commitment to sustainability and ethical practices. The new showrooms will adhere to the brand's globally recognized standards of ethical sourcing, eco-friendly processes, and social welfare initiatives. ESG (Environmental, Social & Governance) initiatives have been a key component of Malabar Group's operations throughout the years, with a focus on Health, Housing, Hunger Eradication, Women empowerment, Education and Environment. The group ensures that all stakeholders continue to benefit from the growth of the business and contributes 5% of their profit to CSR/ESG initiatives in the same country of operation.
Khaleej Times
05-02-2025
- Business
- Khaleej Times
Malabar Gold expands to New Zealand
Seizing trade opportunities from UAE-New Zealand free trade agreement, Malabar Gold & Diamonds, the sixth-largest jewellery retailer worldwide, has announced its expansion into New Zealand, marking a significant milestone in its global operations. This move comes in the wake of the Comprehensive Economic Partnership Agreement (Cepa) recently signed between the UAE and New Zealand, which aims to enhance trade and economic collaboration between the two nations. The UAE-based company, which operates over 375 showrooms across 13 countries, will invest NZ$75 million to establish its presence in New Zealand. Initially, the company plans to open three state-of-the-art showrooms, showcasing its renowned jewellery collections and craftsmanship to the discerning New Zealand market. "This agreement not only strengthens economic ties but also introduces our products and services to a new audience," said M.P Ahammed, Chairman of Malabar Group. He emphasized that the CEPA significantly facilitates their entry into New Zealand, aligning with the company's vision to become the world's leading jewellery retailer. New Zealand's Trade Commissioner to the UAE, Ahmad Zakkout, expressed optimism about the Cepa's potential to drive increased trade and investment between the two countries. "It's encouraging to see the Cepa already fostering business opportunities," he stated, highlighting the strong connection between the UAE and New Zealand. Shamlal Ahamed, managing director of International Operations at Malabar Gold & Diamonds, noted that New Zealand is a market rich with potential. "This expansion provides an exceptional opportunity to connect with a diverse customer base that appreciates the artistry and quality synonymous with our brand," he said. He added that the Cepa would create a more efficient pathway for their operations in New Zealand. Malabar Gold & Diamonds is committed to maintaining its high standards of sustainability and ethical practices in this new market. The company has a long-standing dedication to Environmental, Social, and Governance (ESG) principles, ensuring compliance with local regulations and prioritizing responsible business operations. Mr. Abdul Salam K.P, vice chairman of Malabar Group, emphasized the company's commitment to operating as a responsible organization and contributing 5.0 per cent of its profits to CSR and ESG initiatives in the countries where it operates. The new showrooms in New Zealand will adhere to Malabar's globally recognized standards of ethical sourcing and eco-friendly practices. The company has a history of supporting various social welfare initiatives, focusing on areas such as health, education, and women's empowerment.
