Malabar Gold & Diamonds, the world’s sixth-largest jewellery retailer with over 365 showrooms across 13 countries, has been awarded the title of Jewellery Retail Chain of the Year at the ‘Business Leadership Summit & Awards 2024,’ hosted by Times of Oman. The accolade was presented to Najeeb K, Regional Head of Malabar Gold & Diamonds in Oman, during a ceremony attended by notable figures, including His Excellency Qais bin Mohammed Al Yousef, Minister of Commerce, Industry & Investment Promotion, and Mohamed Issa Al Zadjali, Chairman of Muscat Media Group.

Expressing gratitude for the recognition, Najeeb K stated, “We are extremely honoured to receive the Jewellery Retail Chain of the Year award. This accolade underscores our unwavering dedication to delivering an exceptional jewellery shopping experience while maintaining a responsible and sustainable approach. With 12 world-class showrooms and more in the pipeline, this award further solidifies our position as the premier jewellery retailer in Oman. We dedicate this incredible achievement to our loyal customers, who inspire us to continually innovate and provide unparalleled quality in our products and services.”

Malabar Gold & Diamonds has been the recipient of Oman’s Most Trusted Brand awards since 2016 and operates 12 showrooms across various locations, including Muscat, Seeb, and Salalah. The company’s commitment to Environmental, Social, and Governance (ESG) principles is evident, as it has allocated 5% of its net profits to social causes in each region where it operates. The group emphasizes that successful businesses are those that incorporate responsibility and sustainability into their core practices, focusing on health, housing, hunger eradication, education, environmental protection, and women’s empowerment.

Founded in 1993, Malabar Gold & Diamonds is the flagship company of the Malabar Group, a prominent diversified Indian business conglomerate. With an annual turnover of $6.2 billion, it ranks as the sixth-largest jewellery retailer globally, boasting a robust retail network across India, the Middle East, the Far East, the USA, the UK, Canada, and Australia. The group is owned by over 4,000 shareholders and employs more than 21,000 professionals from over 26 countries.