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