MALABAR Gold & Diamonds, one of the leading jewelry retailer with its presence in 9 countries, opened one more outlet in Saudi Arabia to fortify its presence in the region. Prince Saud Bin Abdullah Bin Abdul Aziz and Yusuf Ali M.A., managing director LuLu Group, inaugurated the new outlet at the newly opened LuLu Hypermarket in Dammam on Wednesday in the presence of Dr. P.A. Ibrahim Haji - co-chairman, Malabar Group, Shamial Ahamed M.P. – managing director international operations, Abdul Salam K.P. – group executive director, Gaffoor Edakkuni, regional director, Mohammed Wasem, prominent businessmen, government officials and prominent citizens and residents. This elegant showroom, located in Dammam, is their 2nd showroom in the city. Like all other Malabar Gold & Diamonds outlets, this showroom will also display a significantly large collection of traditional as well as contemporary jewelry in gold, certified diamonds, platinum and precious stone jewelry from across the world. Jewelry lovers in Dammam can find beautiful gold jewelry in 18K and 22K at the outlet in LuLu Hypermarket, Prince Bin Fahd Road, Ash Shathi Ash Sharqia. To add more glitter to the occasion the jewelry group unveiled the inaugural offers, like all other outlets in the region, this outlet will also take part in the ongoing Malabar Gold & Diamond Festival campaign giving customers a chance to win up to 250,000 gold coins and up to 2 million cash refund. Any purchase of SR 2,000 and above of gold and diamond jewelry will guarantee gold coin or up to 100 gold coins instantly. Get guaranteed cash refund with every diamond jewelry purchase. Up to 100% of the purchase can be won. Customers can also enjoy Zero Deduction Exchange offer, where they can exchange their old 22K jewelry with the latest jewelry designs of Malabar Gold & Diamonds by paying only making charges ensuring they don't lose any value on the rate of gold. Furthermore, 8 gm gold coins can be bought from their outlets with absolutely no making charges during the campaign period. These offers are valid until Jan. 31, 2016. The branded jewelry segment of Malabar Gold & Diamonds that includes Ethnix — Handcrafted Designer Jewelry, Era — Uncut Diamond Jewelry, Mine — Diamonds Unlimited, Divine- Indian Heritage Jewelry, Precia — Precious Gem Jewelry and Starlet — Kids Jewelry are renowned globally for their flawless craftsmanship and the impeccable style. The leap from a single store to 145 outlets globally did not happen overnight. It was achieved through consistent effort & an insistence on setting exceptionally high standards to meet the aspiration of customers over a period of 22 years. Their dedicated and highly skilled employees invest heart and soul in striving to achieve maximum perfection. Absolute customer satisfaction is the overriding promise in everything they do. Ornaments have never been so easier to buy, sell and exchange as it is in Malabar Gold & Diamonds and with their customer friendly policies, they give their customers enough reasons to come back to their stores. The group is in the forefront when it comes to CSR activities as well. The group sets apart a fixed percentage of its net profit to the benefit of needy and the charity projects of Malabar Gold & Diamonds have touched the lives of thousands of people across the world. They focus primarily in five priority areas such as health, education, environment, housing and women empowerment. In Kingdom of Saudi Arabia, Malabar Gold & Diamonds operates outlets in Al Khobar, Dammam (2 showrooms), Jeddah, Makkah, Riyadh – Murabbah, Riyadh, Batha, Riyadh – Khurais Road and Jubail. Malabar Gold and Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate. Established in 1993 in South Indian state of Kerala, Malabar Gold & Diamonds today has a strong retail network of 145 outlets spread across nine countries.