(MENAFN- Gulf Times) Leading jewellery retailer Malabar Gold & Diamonds has opened seven new showrooms on January 18. The inauguration of the new showrooms was held in the UAE, Kuwait and Bahrain in the presence of dignitaries, invited guests among others. MP Ahammed, chairman, Malabar Group said, 'We are dedicating this feat to our millions of satisfied customers and we also thank them for trusting and being with us since the inception of the company. Our heartfelt gratitude to the authorities, investors, management team members and well-wishers for being a part of our successful journey and playing an important role in it. Malabar Gold & Diamonds
recently announced a major expansion by investing nearly $92mn on its retail network. The plan will see an addition of some 24 stores in three months up to March, taking the number of total outlets to 185 by
end-March, 2017. The newly opened outlets unveil a significantly large collection of traditional as well as
contemporary designer jewellery. The new showrooms 'showcases the exquisite collection of gold
jewellery in 18K, 22K and 24K alongside diamond, uncut diamond and precious gem jewellery 'handpicked for jewellery lovers.
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