Thursday 26 / December / 2024
Muscat: Malabar Gold & Diamonds, the world’s 6th largest jewellery retailer globally with over 365 showrooms across 13 countries, has won the Jewellery Retail Chain of the Year award at the ‘Business Leadership summit & awards 2024’ organised by Times of Oman.
Najeeb K, Regional Head of Malabar Gold & Diamonds in Oman received the award in the presence of His Excellency Qais bin Mohammed Al Yousef, Minister of Commerce, Industry & Investment Promotion in the presence of Mohamed Issa Al Zadjali, Chairman of Muscat Media Group and Muhasin P, Branch Head of Malabar Gold & Diamonds.
“Malabar Gold & Diamonds is extremely honoured to have been presented with the Jewellery Retail Chain of the year award. This accolade is a testament to our unwavering dedication towards providing our expansive customer base with an exceptional jewellery shopping experience in a responsible and sustainable manner.
With 12 world-class showrooms and more in the pipeline, our position as the most premier jewellery retailer in Oman has been strengthened further by this award. We dedicated this incredible achievement to our loyal customers in the region, inspiring us to keep pushing the boundaries in jewellery retail, offering unparalleled quality and innovation in our products and services”, commented Najeeb K, Regional Head- Malabar Gold & Diamonds.
Winner of Oman’ Most Trusted Brand awards since 2016, Malabar Gold & Diamonds currently operates 12 showrooms across Oman at Muscat, Seeb, Barka, Salalah, Sohar, Muthra Souk, Ibri, Nizwa, & Al Khoud.
ESG (Environmental, Social & Governance) has been a primary commitment of Malabar Group since its inception in 1993, setting 5% of its net profits towards such causes in every region of operation. The group operates on the strong belief that the most successful companies are the ones that integrate responsibility and sustainability into their core business. The key focus areas of Malabar Group’s ESG initiatives are Health, Housing, Hunger Eradication, Education, Environment & Women empowerment. The group periodically strengthens its ESG goals to remain a socially conscious and responsible organisation.
Malabar Gold & Diamonds was established in 1993 and is the flagship company of Malabar Group, a leading diversified Indian business conglomerate.
With an annual turnover of $6.2 billion, the company currently ranks as the 6th largest jewellery retailer globally and today has a strong retail network of over 365 showrooms spread across 13 countries in addition to multiple offices, design centres, wholesale units, and factories spread across India, Middle East, Far East, the USA, the UK, Canada & Australia. The group, owned by more than 4,000 shareholders, has more than 21,000 professionals from over 26 countries working towards its continued success.
Malabar Gold & Diamonds also features an online store www.malabargoldanddiamonds.com providing customers the opportunity to purchase their favorite jewellery at any time and on any day from the comfort of their homes.
ESG (Environmental, Social & Governance) has been the primary commitment of the group since its inception.
The key ESG focus areas of Malabar Group are Health, Housing, Hunger Free World, Education, Environment and Women empowerment. Integrating the principles of responsibility and sustainability into its core business, Malabar Group periodically strengthens its ESG goals to remain a socially conscious and responsible organisation. The group contributes 5% of its profit to such initiatives in the same country of operation.
