Chairman of Emirates Gold tours Malabar’s Dubai operations as a decade-long partnership passes 650,000 minted bars
Dubai,
Malabar Gold & Diamonds welcomed His Highness Sheikh Mohammed bin Sultan bin Khalifa Al Nahyan, Chairman of Emirates Gold, to the Malabar International Hub (MIH) in Gold Souq, Dubai on Friday, 4 September.
The visit marked the decade-long relationship between Malabar Gold & Diamonds and Emirates Gold, one of the UAE’s most established precious metals refineries and an accredited UAE Good Delivery refiner. Over the years, the collaboration has grown into one of the region’s most significant industry partnerships, built on shared standards of quality, integrity and operational excellence.
Malabar Gold & Diamonds is the largest purchaser of Emirates Gold’s minted bars, having procured over 650,000 bars to date. The volume reflects both the depth of the commercial relationship and Malabar’s commitment to sourcing responsibly produced and accredited metal, consistent with the group’s ethos of ethical and responsible sourcing across its global supply chain.
Beyond minted bars, the partnership spans refining and the recycling of old jewellery, production of tailor-made precious metal products, and precious metals trading. Together these activities support the UAE’s precious metals ecosystem and reinforce Dubai’s position as a global centre for jewellery manufacturing and bullion trade.
His Highness Sheikh Mohammed bin Sultan bin Khalifa Al Nahyan, Chairman of Emirates Gold said;
“The UAE’s standing as a global centre for bullion and jewellery rests on the strength of the businesses operating within it. The relationship between Emirates Gold and Malabar Gold & Diamonds reflects that strength, and our shared commitment to the standards the UAE has set for the sector.”
During the visit, His Highness was briefed on Malabar’s global operations, its vertically integrated manufacturing capability, its growth across international markets, and its approach to responsible and sustainable practice.
With more than 450 showrooms worldwide, Malabar continues to operate the UAE as the centre of its global sourcing, logistics and expansion activity.
Mr. Shamlal Ahamed, Managing Director of International Operations at Malabar Gold & Diamonds said:
Our decade-long partnership with Emirates Gold has played a key role in supporting Malabar’s growth by ensuring efficient access to responsibly sourced precious metals while maintaining the highest standards of quality. As the centre of our international operations, the UAE continues to play a pivotal role in our global growth strategy, providing the connectivity, ecosystem and opportunities that support our expansion worldwide.”
As Malabar accelerates growth across new and existing markets, the company remains committed to strengthening its partnership with Emirates Gold and to the UAE’s leadership in responsible, innovative and future ready jewellery manufacturing.
About Emirates Gold
For 34 years, Emirates Gold has been a cornerstone of Dubai’s growth as a global precious metals hub and a leading name in gold and silver refining across the GCC. Built on a foundation of purity and precision, the company achieved a historic milestone in 2005 as the first refinery in the Middle East to receive the UAE Good Delivery accreditation. Leveraging advanced technology and expert craftsmanship, Emirates Gold produces a diverse range of premium products, including investment bars, coins, and custom medals, all carrying a reputation for reliability trusted by clients worldwide.
About Malabar Gold & Diamonds
Malabar Gold & Diamonds was established in 1993 and is the flagship company of Malabar Group, a leading diversified Indian business conglomerate.
With an annual turnover of $9.46 billion, the company currently ranks as the 4th largest jewellery retailer globally and today has a strong retail network of over 450 showrooms spread across 14 countries in addition to multiple offices, design centers, wholesale units, and factories spread across India, Middle East, Far East, the USA, the UK, Canada, Australia & New Zealand. The group, owned by 3,500 shareholders, has more than 30,000 professionals from over 26 countries working towards its continued success.
ESG (Environmental, Social & Governance) has been the primary commitment of the group since its inception. The key ESG focus area of Malabar Group are Health, Housing, Hunger Free World, Education, Environment and Women empowerment. Integrating the principles of responsibility and sustainability into its core business, Malabar Group periodically strengthens its ESG goals to remain a socially conscious and responsible organization. The group contributes 5% of its profit to such initiatives in the same country of operation.