Malabar Gold & Diamonds opened a new retail store in the Lulu hypermarket in El Jubail on March 15. The company also held an action in honor of the opening of a new point of sale, in which buyers were given gold coins weighing 1 gram for purchases above SR 5,000. It is already 129 by the account opened by a group of companies around the world, 49 by the account in the Middle East and the eighth by Saudi Arabia.
The brand jewelry of the company is represented in such sets as "Ethnix" (hand-made designer jewelry), "Era" (diamond products), "Mine" (any diamonds), historical ornaments "Divine-Indian", "Precia" with gems) and Starlet (children's jewelry).
Malabar Gold & Diamonds began its international operations in 2008 with the opening of its first store in the city of Sharjah. Today this group of companies owns 51 stores in the Middle and Far East. In the next two months, the company plans to open several new outlets in Saudi Arabia, the UAE, Oman, Qatar and Bahrain due to a significant increase in the number of customers in the region.