Category Archives: Business & Investments

Malabar Gold & Diamonds Continues Expansion Spree; Launches 6 Showroom in India

Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with over 365 showrooms across 13 countries, has just launched 6 showrooms in India as part of their global expansion plan. The showrooms were launched in the states of Uttar Pradesh, Karnataka, Delhi, West Bengal & Rajasthan.

The brand’s showroom in Gorakhpur city of Uttar Pradesh was officially inaugurated by mayor of Gorakhpur Mr. Mangalesh Kumar Srivastava, following its virtual launch by Malabar Group Chairman M.P Ahammed. Mr. Asher O, MD-India Operations at Malabar Gold & Diamonds, Mr. P.K Siraj – Head of Retail Operations at Malabar Gold & Diamonds, Mr. N.K Jishad, Regional Head of Malabar Gold & Diamonds, other management team members, customers and well wishers were also present.

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قدمت تجربة “منتزه مليحة الوطني” و”رحّال” ومشاريع “مجموعة الشارقة للضيافة”

مشاريع “شروق” المستدامة في “سوق السفر العالمي 2024”.. وجهات تحتفي بالتاريخ والطبيعة

،لندن، 07 نوفمبر 2024

في إطار مشاركتها السنوية في أبرز المعارض العالمية، وللعام التاسع عشر على التوالي، تشارك هيئة الشارقة للاستثمار والتطوير (شروق) في معرض سوق السفر العالمي 2024 بالعاصمة البريطانية لندن، الذي يعد من أكثر الفعاليات تأثيراً في قطاع السفر والسياحة على مستوى العالم، ويستمر حتى 7 نوفمبر، بحضور أكثر من 320 عارضاً يمثلون ما يزيد على 750 جهة من خمس قارات، إلى جانب استعراض ما يقرب من 4 آلاف مشروع سياحي.

Continue reading قدمت تجربة “منتزه مليحة الوطني” و”رحّال” ومشاريع “مجموعة الشارقة للضيافة”

Designed for the new age diamond buyer: Jawhara Jewellery and Natural Diamond Council to enhance buying experiences this festive season

Natural Diamond Council recently organised an exclusive knowledge session for Jawhara Jewellery to elevate customer experiences, inviting diamond lovers to shop local with confidence

Dubai, United Arab Emirates, 7 November 2024: In a world where conscious consumerism reigns, today’s buyers seek more than just sparkle; they crave knowledge. These consumers are looking not just for financial but emotional and repeat value in every purchase they make. They are consciously looking for things they can wear over and over again, investing in quality over quantity. With a focus on addressing this consumer need, Natural Diamond Council recently conducted a knowledge session for 250 front end diamond champions of Jawhara, offering them in-depth technical know-how, information on latest trends, insights and additional technical expertise on the incredible rare and real origin journey of natural diamonds, emphasizing why they continue to be the most precious heirlooms and store of value.

Whether you’re a seasoned collector or a first-time buyer, here are a few essential questions that emerged out of the session.

Where does my diamond come from?

Every diamond has a tale to tell! Each is unique, a wondrous creation of nature, cultivating a billion-year-old story. The journey of a diamond, from the depths of the Earth to your hand is one of rare resilience and brilliance under pressure.

Pro Tip: Diamonds are found all over the world, including in Canada, Russia, Africa and Australia. Every natural diamond is one-of-a-kind and rare, just like you and your relationship.

How do I choose a diamond that what would fit my budget?

Understanding the 4Cs—cut, color, clarity, and carat—will help you find the perfect match for your style and wallet. Choose a diamond you will wear every day, and you will enjoy adorning. After all, it will be with you for life.

Pro tip: The true value of your natural diamond lies not just in the 4Cs but in how it makes you feel, in the memories attached to it and how many times you can use and enjoy it. If you can wear it multiple times over the years, and pass it on to the next generation, it is definitely value for money.

How do I know if my diamond is ethically sourced?

99.8% of the world’s natural diamonds are certified conflict free. They are authentic, real, treasures of the earth, giving back to communities and ecologies wherever they are found. When you invest in a diamond, you are investing in long term benefits for 10 million people around the world!

Pro Tip: Check your certificate to trace the origin of your diamond.

“Consumers choose natural diamonds because they hold immense emotional value. Despite being billions of years old, they continue to sparkle just like they did on day one. They can be worn every day and still be passed down generations, and Jawhara understands this. Their desire to offer their consumers the right information about natural diamonds sets them apart in the region. We believe initiatives like these can help build consumer knowledge and desire for natural diamonds this festive season,” said Richa Singh, Managing Director – India & Middle East, Natural Diamond Council.

“We are dealing with a product that has a lot of sentimental and emotional value for the consumer. It is important that we present and discuss the right things about the product to build the diamond dream most confidently. We remain dedicated to empowering our teams to provide informed, thoughtful service that helps buyers feel confident in their choices. We are grateful to our partners at Natural Diamond Council for their valuable contribution and in-depth curriculum designed to uphold the highest standards of excellence and boost leadership within our sector,” added Tawhid Abdullah, CEO, Jawhara Jewellery.

For those interested in knowing more about Natural Diamond Council’s initiatives, please visit here.

ENDS  

About The Natural Diamond Council:

Natural Diamond Council is a global not-for-profit organization which inspires and informs consumers about the incredible world of natural diamonds. NDC supports the integrity of the natural diamond industry by providing transparency and insight on the progress of this sector and its commitments to further betterment. NDC partners with industry stakeholders for the purpose of sharing best practices and driving trust, and works to educate and protect the consumer.

The NDC operates in the US, China, India, UAE, and Europe. For more information, please visit https://www.naturaldiamonds.com/ae/

About Jawhara Jewellery:

Jawhara Jewellery is a leading luxury jewellery brand renowned for its rich heritage and craftsmanship in the Middle East. With a commitment to quality and innovation, Jawhara offers a wide range of exquisite designs, from traditional to contemporary styles, to suit every occasion. We pride ourselves on delivering exceptional customer service and ensuring that each piece tells a story of elegance and beauty.

With 300 branches across 12 countries, Jawhara continues to expand its global presence, bringing our signature blend of luxury and heritage to discerning customers worldwide.

H. E. Sunjay Sudhir, Ambassador of India to UAE will inaugurate the 2nd Brands of India on 12th November 2024 in Dubai

  • Apparel exports from India in the first six months of the current financial year has registered an 8.5 per cent increase compared to a 15 per cent decline in the same period last year
  • Brands of India is being held at a time when overseas buyers are considering to move 10-15 per cent of their orders from Bangladesh to India, potentially adding $300-400 Mn in monthly business for India

Date: Dubai, UAE; November 5, 2024

The Clothing Manufacturers Association of India (CMAI) with support from Ministry of Textiles, Government of India, Embassy of India in UAE, Apparel Export Promotion Council (AEPC), Noida Apparel Export Cluster (NAEC), TEXMAS (Dubai) and Readymade Garments Merchants Group (Dubai) will be hosting the 2nd edition of ‘Brands of India’ from 12 to 14 November 2024 at Za’abeel Hall 4, Dubai World Trade Centre, UAE.

Continue reading H. E. Sunjay Sudhir, Ambassador of India to UAE will inaugurate the 2nd Brands of India on 12th November 2024 in Dubai

IHC Announces Strong Nine-Month YTD 2024 Results with 49.4% Revenue Growth to AED 64.0 Billion and AED 18.0 Billion Profit After Tax

Syed Basar Shueb: “With strong momentum heading into the fourth quarter, we are positioned to capitalize on further opportunities while remaining focused on operational excellence and long-term value creation. I am confident that this trajectory will continue to reinforce IHC’s commitment to delivering enhanced shareholder value.”

  • Revenue for nine-month YTD 2024 reached AED 64.0 billion, reflecting a substantial 49.4% year-on-year growth.
  • Profit After Tax for the period increased by 18.3%, totaling AED 18.0 billion
  • Total assets expanded to AED 382.9 billion, a 44.9% increase since December 2023, supported by strategic investments and strong asset growth.
Continue reading IHC Announces Strong Nine-Month YTD 2024 Results with 49.4% Revenue Growth to AED 64.0 Billion and AED 18.0 Billion Profit After Tax