Malabar Gold & Diamonds opens new outlet in Riyadh’s Lulu Hypermarket

Malabar Gold & Diamonds, one of the major jewelry retailers with its presence in eight countries, has opened its new Saudi outlet to fortify its presence in the region. Prince Saud bin Abdullah and Yusuff Ali M.A., MD, Lulu Group, jointly inaugurated the latest showroom in Lulu Hypermarket, Khurais Road, Exit 30, Riyadh, on Dec. 24, in the presence of Shamlal Ahamed M.P., MD, international operations, Malabar Gold & Diamonds, and Gaffoor Edakkuni, regional director, Malabar Gold & Diamonds.
The jewelry group showcases a collection of jewelry in gold, diamond and platinum from different parts of the world at “attractive” prices to cater to the needs of its diverse customers. Their branded jewelry available at this showroom includes Mine – diamonds unlimited, Era — uncut diamond jewelry, Ethnix — handcrafted designer jewelry, Divine – Indian heritage Jewelry, Precia — precious gem jewelry and Starlet — kids jewelry.
The new showroom will also participate in Malabar Gold & Diamonds Festival.
Every customer who purchases jewelry worth SR 2,000 gets guaranteed gold coins through this festival. On every purchase of diamond jewelry worth SR 2,000, the customers get two gold coins free. Furthermore, the customers also get a gold coin free with every gold jewelry purchase worth SR 2,000.
The group also offers its Zero Deduction Exchange scheme through which customers can update their old ornaments to the latest collection of Malabar Gold & Diamonds without any loss.
Any 22 ct old gold ornaments can be exchanged with the latest Malabar Gold & Diamonds designs by paying only making charges ensuring they do not lose any value on the rate of gold.
The customers can also purchase 8 gm gold coins from their outlets with absolutely no making charge during this period. All these offers are valid at their outlets in Saudi Arabia till Jan. 31.