MUSCAT : Malabar Gold & Diamonds, the 6^th largest jewellery retailer globally with a strong retail network of over 350 outlets spread across 13 countries received Bank Muscat Award for the seventh consecutive year. The company got the award in the category ‘Jewellery for the year 2023’. The company has received Bank Muscat Award in the year 2015, 2016, 2017, 2018, 2021 & 2022 as well. Mr. Najeeb K, Regional Head – Malabar Gold & Diamonds, received the award from Mr. Sheikh Waleed Al Hashar, Chief Executive Officer- Bank Muscat in the presence of Mr. Riyas Chulliankandy, Sales Manager -Malabar Gold & Diamonds and other officials from Bank Muscat during a ceremony held on 4^th June at the Oman convention and exhibition centre Grand ballroom.

Bank Muscat hosts the event to honor, recognize and celebrate the success of their top merchants.

“Over the years, Malabar Gold & Diamonds has remained dedicated to offering our customers an exceptional jewellery shopping experience, excelling in both design and service. We are delighted to receive the ‘Bank Muscat Award’ for the 7th consecutive year, a testament to our esteemed presence in Oman’s jewellery sector. On this momentous occasion, I extend my heartfelt gratitude to our customers for their unwavering support and to Bank Muscat for their steadfast partnership with our brand”, commented Mr. Najeeb K – Regional Head – Malabar Gold & Diamonds.

Since its inception in 1993, Malabar Gold & Diamonds has developed a strong retail presence in India, Middle East, Far East , the USA, Canada, the UK & Australia with a network of over 350 outlets across 13 countries. With an annual turnover of $6.2 billion, the company today ranks as the 6^th largest jewellery retailer globally. Malabar Gold & Diamonds has always kept customer-first as the principal attitude in all its steps taken and takes efforts at satisfying the discerning needs of its multinational and multicultural customers by incorporating the diverse tastes in the splendid jewellery designs that they showcase. Malabar Group offers exquisite and stunning jewelry as a part of various brands presented at Malabar Gold & Diamonds’ namely Mine – Diamonds Unlimited, Ethnix – Handcrafted Designer Jewellery, Era – Uncut Diamond Jewellery, Divine- Indian Heritage Jewellery, Precia – Gem Jewellery and Starlet – Kids Jewellery.

Malabar Gold & Diamonds currently operates 12 showrooms across Oman at Ruwi, Baushar, Seeb, Barka, Salalah, Sohar, Muthra Souk, Nizwa, Ibri and Al Khoud.

ESG (Environmental, Social & Governance) has been a primary commitment of Malabar Group since its inception in 1993, setting 5% of its net profits towards such causes in every region of operation. The group operates on the strong belief that the most successful companies are the ones that integrate responsibility and sustainability into their core business. The key focus areas of Malabar Group’s ESG initiatives are Health, Housing, Hunger Eradication, Education, Environment & Women empowerment. The group periodically strengthens its ESG goals to remain a socially conscious and responsible organization.