Set to create 725 jobs across emerging and high-growth markets, strengthening Malabar’s leadership in jewellery retail
Malabar Gold & Diamonds, the 5th largest jewellery retailer globally has announced a major retail expansion with the launch of 20 new showrooms in just 20 days, marking one of the fastest showroom rollout initiatives in the Indian jewellery sector. The latest expansion drive will take the total global showroom count to 445 showrooms across 14 countries, with presence in 22 states and Union Territories across India further reinforcing its position as one of the most trusted and expansive jewellery retail chains in the world.
The expansionentails a total investment of USD 172 Million and is expected to generate over 725 employment opportunities, underlining the group’s continued commitment to India’s economic growth, job creation, and retail sector development.
Mr. M.P. Ahammad, Chairman, Malabar Group, has been honoured with the prestigious Business Bhushan Award at the Lokmat Maharashtrian of the Year Awards 2026, in recognition of his visionary leadership and pivotal role in transforming the global jewellery retail landscape and society at large.
Deputy CM Maharashtra-Eknath Shinde, Chairman-M.P. Ahammad, Malabar Group, CM Maharashtra-Devendra Fadnavis, MD-India, Asher O, Malabar Gold & Diamonds
Reaffirming its unwavering commitment to social responsibility and community welfare, Malabar Gold & Diamonds, the world’s 5th largest jewellery retailer, has announced that it will be setting aside AED 2.3 million towards Ramadan welfare initiatives in 2026, primarily focusing on large-scale Iftar meal distribution for underprivileged communities across its global markets.
As part of this year’s Ramadan program, over 200,000 Iftar meals will be distributed across the UAE, Saudi Arabia, Bahrain, Qatar, Oman, Kuwait, Malaysia, Singapore, the USA, the UK, Canada, Australia & New Zealand, in partnership with government bodies, embassies, charitable organizations, and NGOs. These initiatives form a significant part of Malabar Group’s year-round ESG (Environmental, Social & Governance) commitment, aimed at fostering inclusive growth and meaningful social impact.
Malabar Gold & Diamonds’ new flagship concept showroom & 17th outlet in Abu Dhabi at Hamdan Street, was inaugurated by brand ambassador of Malabar Gold & Diamonds and Bollywood icon, Kareena Kapoor Khan. Mr. Abdul Salam K.P, Vice Chairman of Malabar Group; Mr. Shamlal Ahamed, MD-International Operations, Malabar Gold & Diamonds; Mr. Nishad AK, Malabar Group Executive Director; Mr. Abdul Majeed, Director of Malabar Group; Mr. Faisal AK, Head of Manufacturing at Malabar Gold & Diamonds; Mr. Ameer CMC, Director of Finance & Admin at Malabar Gold & Diamonds; Mr. Sakkeer P, Head of Merchandising & SCM (Gold) at Malabar Gold & Diamonds; Mr. Shaji Kakkodi, Malabar Group Chief Digital Officer; Mr. Ranjith KV, Regional Head-UAE; Mr. Nijaz EM, Zonal Head-Abu Dhabi, other senior management team members, customers, and well-wishers were present.
Malabar Gold & Diamonds, the 5thlargest jewellery retailer globally with over 420 showrooms across 14 countries, has unveiled its flagship new concept showroom in Abu Dhabi at Hamdan Street. The showroom was formally inaugurated by Bollywood actress and Brand Ambassador of Malabar Gold & Diamonds, Kareena Kapoor Khan, in the presence of Mr. Abdul Salam K.P, Vice Chairman of Malabar Group; Mr. Shamlal Ahamed, MD-International Operations, Malabar Gold & Diamonds; Mr. Nishad AK, Malabar Group Executive Director; Mr. Abdul Majeed, Director of Malabar Group; Mr. Faisal AK, Head of Manufacturing at Malabar Gold & Diamonds; Mr. Ameer CMC, Director of Finance & Admin at Malabar Gold & Diamonds; Mr. Sakkeer P, Head of Merchandising & SCM (Gold) at Malabar Gold & Diamonds; Mr. Shaji Kakkodi, Malabar Group Chief Digital Officer; Mr. Ranjith KV, Regional Head-UAE; Mr. Nijaz EM, Zonal Head-Abu Dhabi, other senior management team members, customers, and well-wishers. Kareena Kapoor Khan’s much anticipated appearance drew large crowds to Hamdan Street, reaffirming its stature as one of Abu Dhabi’s most strategic and prominent jewellery destinations.
Gold is all set to surpass the significant milestone of $5,000 per ounce, underscoring its reputation as a reliably appreciating tangible store of value. Its momentum highlights a familiar reality: across centuries, market cycles, and global shifts, gold has consistently safeguarded and expanded wealth.
Mr. Shamlal Ahamed, Managing Director – International Operations, Malabar Gold & Diamonds
UAE News 24/7 