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India’s Bhima Jewellers to raise AED 1 billion from HNWIs, FIIs for Aggressive GCC Expansion

  • Family-run jeweller celebrating 100-year anniversary in India and 10th year of operations in the UAE is tapping investors for the first time in its history
  • Targets to open 15 stores in the UAE in three years and enter GCC markets with Qatar and Bahrain on the radar

Dubai, October 21, 2024; Bhima Jewellers, one of the oldest and family-run Indian jewellers celebrating a legacy of 100 years in India, and its 10th year of operations in the UAE today announced that it will raise AED 1 billion from HNWIs and FIIs to fund its aggressive expansion plan across the GCC.

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