Malabar Gold & Diamonds bags Bank Muscat award

Malabar Gold & Diamonds, the sixth largest jewellery retailer globally with a strong retail network of over 290 outlets spread across ten countries, received Bank Muscat’s ‘Partners in Progress’ (PIP) award for the fifth consecutive year.

The company got the award in the category ‘Jewellery for the year 2021’, said a press release, adding that the company had been the winner of this award in 2015, 2016, 2017 and 2018 as well.

Malabar Gold & Diamonds regional head Najeeb K received the award from Sheikh Waleed al Hashar, Chief Executive OfficerBank Muscat in the presence of Muhsin P, Branch Head-malabar Gold & Diamonds during a ceremony at the Oman Convention and Exhibition Centre.

Bank Muscat hosts the event to honour, recognise and celebrate the success of their top merchants.

“To be felicitated with the ‘Bank Muscat Award’ for the 5th time in a row gives us a great joy. Malabar Gold & Diamonds have always strived to provide our customers with exquisitely crafted jewellery that showcase our expertise in the trade as well as great customer service. This award is a testament to our success in the same. We dedicate this inspiring triumph to our millions of satisfied customers, team members and investors, without whose wholehearted support, this exceptional accomplishment would not have been possible,” said Najeeb K.

Since its inception in 1993, Malabar Gold & Diamonds has developed a strong retail presence in India, Middle East, Far East and the USA, with a network

of 290 outlets across ten countries. With an annual turnover of Us$4.1bn, the company today ranks as the 6th largest jewellery retailer globally, the company said.