Latest news with #ShamlalAhamed
Daily Tribune
07-05-2025
- Business
- Daily Tribune
Kareena Kapoor Khan unveils two revamped showrooms of Malabar Gold & Diamonds in Sharjah
Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with over 400 showrooms across 13 countries, has officially unveiled 2 newly revamped showrooms in Rolla Square, Sharjah. The showrooms were launched by acclaimed Bollywood actress and brand ambassador of Malabar Gold & Diamonds, Kareena Kapoor Khan. Mr. Abdul Salam K.P, Vice Chairman of Malabar Group; Mr. Shamlal Ahamed, MD-International Operations, Malabar Gold & Diamonds; Mr. Mayankutty C, Senior Director of Malabar Group; Mr. Nishad AK, Malabar Group Executive Director, other senior management team members from Malabar Gold & Diamonds, customers & well-wishers were also present. Massive crowds of residents were in attendance for the event, who had gathered to watch the Bollywood diva in all her glory. Located in one of Sharjah's busiest shopping hubs, the redesigned showrooms aim to offer jewellery lovers an elevated shopping experience with a luxurious ambiance, personalized services, and a refined product presentation. The showrooms showcase over 40,000 jewellery designs across Gold, Diamond & Precious Gem jewellery, with a dedicated space exclusively for light weight design in Gold & Diamonds. Other amenities to improve customer experience such as a luxurious customer lounge and valet parking is also available in the showrooms. 'Malabar Gold & Diamonds has always prioritized enhancing customer journey with our products & services and we are extremely thrilled to present our revamped showrooms in Rolla to our customers here. What makes this occasion even more special is that the first of these showrooms was established in 2008, which marked Malabar Gold & Diamonds first international venture outside of India', commented Mr. Shamlal Ahamed, MD-International Operations, Malabar Gold & Diamonds. Malabar Gold & Diamonds is renowned globally for offering an unparalleled jewellery buying experience with convenience and customer-friendly policies along with the 'Malabar Promise' of incomparable quality and service assurance. Apart from this, the Malabar Promise also includes transparent pricing, assured lifetime maintenance from any of the showrooms across 13 countries, guaranteed buyback, tested and certified diamonds, 100% value on diamond and gold jewellery exchange, 100% hallmarked jewellery, responsible sourcing, fair price policy, and fair labour practices.
Daily Tribune
27-04-2025
- Entertainment
- Daily Tribune
Kareena launches Malabar Gold & Diamonds' Festive collection
Malabar Gold & Diamonds, the 6th largest jewellery retailer in the world with a global presence of over 390 showrooms across 13 countries, unveiled its much-anticipated Festive Edition Jewellery Collection. The collection was officially unveiled by Bollywood icon and brand ambassador of Malabar Gold & Diamonds, Kareena Kapoor Khan at a function held in Dubai, UAE. The Festive Edition features a stunning range of jewellery crafted in 22K gold, diamonds, and precious gemstones, capturing the essence of tradition blended with contemporary charm. The collection is spread across Malabar's most sought-after exclusive brands and collections including Mine, Aanika, Era, Precia, Ethnix, and Divine. For those seeking a modern touch, the collection also includes captivating designs in 18K gold. The designs in the Festive Edition jewellery is available across all Malabar Gold & Diamonds showrooms globally. Commenting on the launch, Shamlal Ahamed, MD-International operations, Malabar Gold & Diamonds said: 'At Malabar Gold & Diamonds, our commitment has always been to deliver designs that resonate with the aspirations of our customers. The Festive Edition is a tribute to the cultural vibrancy and the joyous spirit of the festive season. With a rich blend of traditional motifs and modern elegance, this collection is thoughtfully curated to offer something special for everyone. We are honoured to have our brand ambassador Kareena Kapoor Khan unveil this special collection. Her timeless charm and grace perfectly embody the beauty of this collection'. To further enhance the value of their purchase, customers can take advantage of Malabar Gold & Diamonds' exciting 'Gift of Gold' offer. As part of this festive promotion, shoppers will receive free gold coins with every purchase of diamond or precious gemstone jewellery exceeding BHD 300. Additional exclusive offers and benefits are also available in-store.
Daily Tribune
24-04-2025
- Entertainment
- Daily Tribune
Kareena Kapoor Khan Launches the Festive Edition Jewellery Collection from Malabar Gold & Diamonds
Malabar Gold & Diamonds, the 6th largest jewellery retailer in the world with a global presence of over 390 showrooms across 13 countries, proudly unveiled its much-anticipated Festive Edition Jewellery Collection. The collection was officially unveiled by bollywood icon and brand ambassador of Malabar Gold & Diamonds, Kareena Kapoor Khan at a function held in Dubai, UAE. The Festive Edition features a stunning range of jewellery crafted in 22K gold, diamonds, and precious gemstones, capturing the essence of tradition blended with contemporary charm. The collection is spread across Malabar's most sought-after exclusive brands and collections including Mine, Aanika, Era, Precia, Ethnix, and Divine. For those seeking a modern touch, the collection also includes captivating designs in 18K gold. The designs in the Festive Edition jewellery is available across all Malabar Gold & Diamonds showrooms globally. Commenting on the launch, Mr. Shamlal Ahamed, MD-International operations, Malabar Gold & Diamonds said, 'At Malabar Gold & Diamonds, our commitment has always been to deliver designs that resonate with the aspirations of our customers. The Festive Edition is a tribute to the cultural vibrancy and the joyous spirit of the festive season. With a rich blend of traditional motifs and modern elegance, this collection is thoughtfully curated to offer something special for everyone. We are honoured to have our brand ambassador Kareena Kapoor Khan unveil this special collection. Her timeless charm and grace perfectly embody the beauty of this collection'. To further enhance the value of their purchase, customers can take advantage of Malabar Gold & Diamonds' exciting 'Gift of Gold' offer. As part of this festive promotion, shoppers will receive free gold coins with every purchase of diamond or precious gemstone jewellery exceeding BHD 300. Additional exclusive offers and benefits are also available in-store.
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.
Khaleej Times
27-03-2025
- Business
- Khaleej Times
Malabar Gold and Diamonds unveils exciting offers ahead of Eid holidays
Malabar Gold and Diamonds, the world's sixth-largest jewellery retailer, with a presence in over 390 showrooms across 13 countries, has announced an exclusive range of Eid celebration offer to mark the festive season. Renowned for its craftsmanship and innovation, the jeweller has curated a special collection of diamond and precious gem jewellery, designed to perfectly complement festive attire. To add to the celebrations, Malabar Gold and Diamonds is offering a selection of exclusive promotions for its customers. Exciting Eid offers Free cash vouchers - Customers purchasing diamond and precious gem jewellery will receive a cash voucher worth Dh100 / OMR 10 / QAR 100 / KWD 10 / SAR 100 for every purchase of Dh3,000 / OMR 300 / QAR 3,000 / KWD 300 / SAR 3,500. Gold exchange offer - Customers can exchange their old 916 gold jewellery, purchased from any retailer, for the latest designs at Malabar Gold and Diamonds, with no loss on valuation. The Eid celebration offer will be available across all Malabar Gold and Diamonds outlets from March 28 to April 6 (UAE) and March 27 to April 5 (other GCC markets). Gold rate protection scheme With gold prices fluctuating, Malabar Gold and Diamonds is offering a gold rate protection scheme to provide customers with price stability. By paying just 10 per cent of the total purchase value as an advance, customers can lock in the best gold rate until April 30, ensuring they secure the most favourable price at the time of final purchase. The gold rate protection facility is available both in-store and via the Malabar Gold & Diamonds mobile app. A commitment to festive gifting "Jewellery plays an integral role in celebrations, and at Malabar Gold and Diamonds, we strive to make every occasion even more special for our customers. Our exclusive festive jewellery collections, coupled with these attractive promotions, ensure that our customers enjoy great value and an enhanced shopping experience. With a legacy of trust and innovation, we remain the preferred choice for jewellery connoisseurs worldwide," said Shamlal Ahamed, managing director international operations of Malabar Gold and Diamonds. With a reputation for quality, craftsmanship and customer-centricity, Malabar Gold and Diamonds continues to elevate the jewellery shopping experience with its exquisite designs, exclusive offers and commitment to excellence.
