Oman- Malabar Gold & Diamonds receives Bank Muscat award


(MENAFN- Muscat Daily) Muscat- Malabar Gold & Diamonds, one of the big five jewellery retailers globally, has received the Bank Muscat Award in the category 'Jewellery for the year 2016'.

The company received the Bank Muscat Award in 2015 as well. Najeeb K - regional head – Malabar Gold & Diamonds, received the award from Abdul Razzaq bin Ali Issa, CEO – Bank Muscat in the presence of Muhsin P - branch head - Malabar Gold & Diamonds and officials of Bank Muscat during a ceremony held recently at the Sheraton Oman Hotel on March 14. This is the 12th year that Bank Muscat hosted an event to honour, recognise and celebrate the success of their top merchants.

'We are honoured to receive this recognition from Bank Muscat. This is a direct testimony of the quality services delivered by the team to our increasing customer database. Such acceptance gives us the motivation to strengthen and further enhance our presence in Oman,' said Najeeb.

Malabar Gold & Diamonds, one of the largest jewellery retailers sets a wonderful example for corporate philanthropy through various charity programmes in India, Middle East and Far East. The group, which currently has 171 showrooms, undertakes several welfare activities in the areas of their operations by associating with like-minded organisations and associations to carry out various welfare activities in the respective region.

In Oman, Malabar Gold & Diamonds operates 12 outlets across at Darsait, Oman Avenues Mall, Ruwi (three outlets), Gold Souq-Seeb, Sohar (two outlets), Barka & Salalah (two outlets). Malabar Gold & Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate.

Established in 1993 in the Indian state of Kerala, Malabar Gold & Diamonds today has a strong retail network of over 171 outlets spread across nine countries, ten wholesale units in addition to offices, design centres and factories spread across India, Middle East & Far East. With an annual turnover of US$4.5bn, the company currently ranks among the big five jewellery retailers globally.

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