Malabar Group was founded in 1993 by a team of enterprising entrepreneurs, led by the visionary genius of Mr. M P Ahammed when he explored beyond his immediate circle in the agri-corp industry to establish a jewellery trading company in a historical city called Kozhikode. Since then, keeping alive the golden spirit of the Brand, the Group has remained constant, in its successful forays nurtured by expertise, vision and guidance, into a formidable business conglomerate. The HQ (headquarters) of Malabar Group located in Kozhikode shines bright as a beacon of success for an empire built on Trust, Teamwork, and Goodwill.

Jewellery retailer Malabar Gold & Diamonds will invest $91 million (AED335 million) in 24 new retail outlets in the GCC, India and Far East in the next three months. The new stores will take the number of its total outlets to 185 and increase staff strength by 11 percent. Of the 24 new outlets, nine will be in the UAE, seven in India, five in Saudi Arabia, two in Bahrain and one in Kuwait. Seven of these outlets will be opened on January 18. The company will hire 1,000 professionals, taking its total manpower strength to over 10,000 by March. MP Ahammed, Chairman of Malabar Group said that the new expansion is one of its “single largest vertical expansion drives”.