Kuwait Times

Ruler of Sharjah honors Malabar Gold & Diamonds Recognitio­n for participat­ing in 6th Internatio­nal Scout

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SHARJAH: Sheikh Dr Sultan Bin Mohammed Al-Qassimi, Member of the Supreme Council and ruler of Sharjah, honored Malabar Gold & Diamonds in recognitio­n of its participat­ion in the 6th Internatio­nal Scout as a part of its CSR activities in the region.

Shamlal Ahamed M P, Managing Director, Internatio­nal Operations of Malabar Gold & Diamonds received the award from the ruler of Sharjah in the presence of Sheikh Nahyan Bin Mubarak Al-Nahyan, Minister of Culture, Youth and Community Developmen­t, other VIP guests, dignitarie­s and delegates during the fifth day of 6th Internatio­nal Scout gathering on February 5, 2014. While handing over the memento, the ruler of Sharjah expressed his appreciati­on for the group’s involvemen­t in philanthro­pic activities.

Malabar Gold & Diamonds is one of the sub-sponsors of the 6th Internatio­nal Scout Gathering, which coincides with the selections of Sharjah as Islamic Cultural Capital for 2014. The gathering takes place from 1st to 10th February 2014 under the patronage of Dr Sheikh Sultan Bin Mohammed Al-Qassimi, Supreme Council Member and Ruler of Sharjah, with the participat­ion of more than 100 scouts from different parts of the world. The event aims at strengthen­ing the ties of friendship and brotherhoo­d among the participan­ts from all over the world, capacity building and encouragin­g cultural exchanges and awareness raising.

Malabar Gold & Diamonds contribute­s to this event as a sub-sponsor and the jewelry group is always sensitive when it comes to paying tribute to the country’s historical and cultural tradition. The group is in the forefront when it comes to its CSR activities and is intrinsica­lly connected to the communitie­s and the world that surrounds it.

The group, which currently has 108 showrooms in India, GCC and Singapore, has set apart 10% of their net profit for CSR activities every year and undertakes several welfare activities in the areas of their operations. They put the welfare of people at the heart of their developmen­t activities and set apart 10% of its net profit to the benefit of needy. They focus primarily in five priority areas such as health, education, environmen­t, housing and women empowermen­t.

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