Malabar Gold opens showroom at LuLu Hypermarket, Jeddah

Malabar Gold & Diamonds, one of the major jewelry retailers with its presence in nine countries, has opened one more outlet in the Kingdom.

Prince Saud bin Abdullah and Yusuffali M.A., MD, LuLu Group, jointly inaugurated the latest showroom at LuLu Hypermarket in Jeddah on Sunday, in the presence of Shamlal Ahamed M.P., MD international operations, Malabar Gold & Diamonds; Abdul Salam K.P., group executive director, Malabar Group; Gaffoor Edakkuni, regional director, Malabar Gold & Diamonds; Mohammed Wasem and other dignitaries and guests.

The new showroom is Malabar Gold & Diamonds’ 153rd globally and 10th in the Kingdom.

“The exquisite range of collections in the new outlet can hold you spell-bound with their awe-inspiring beauty and classic designs,” the company stated.

This outlet exhibits a wide range of diverse and trendy designs in gold (18 K & 22 K), IGI certified diamonds and precious stone jewelry from Italy, Singapore, Bahrain and India.

Celebrating the launch, the outlet will offer special promotions on purchase of gold and diamond jewelry.

Customers purchasing jewelry worth SR500 or more can get a chance to win quarter kg gold each in six raffle draws, which makes one and a half kg gold.

Customers who spend SR500 on gold jewelry will get one raffle coupon and customers who spend SR500 on diamond jewelry will get two coupons, thus doubling the chances of winning.

In addition, the outlet also offers zero deduction on GCC gold exchange (22K) and customers can also buy 8 gram gold coins without paying any making charges. These offers are valid until Aug. 6.

The group sets apart a fixed percentage of its net profit to the benefit of needy. “The charity projects of Malabar Gold & Diamonds have touched the lives of thousands of people across the world.”

Source: Arab News