UAE Exchange ties up with Malabar Gold & Diamonds to offer special discounts on gold jewellery

Bahrain, March 1, 2016: The love of gold or gold jewellery is universal. Viewed as a strategic investment and social security, any discount on the yellow metal is music to the ears. Introducing this music is UAE Exchange. The leading global remittances, foreign exchange and payment solutions brandhas tied up with Malabar Gold, one of the leading retail jewellery brands, to offer special discounts on gold jewellery to its Gold Card customer holders in Bahrain.

Speaking on the partnership, Vineesh Kumar, General Manager-Bahrain, UAE Exchange said: “We are always looking at innovative ways to be closer to our customers. Our association with Malabar Gold in introducing this value-added service is the first step in the expansion of our service offerings this year.”

Commenting on the tie-up, Mohammed RafeeqKannachanVeedu, Branch Head, Malabar Gold said: “Customers always like to take advantage of depreciating prices – be it currency value before remitting or gold value before buying. We are delighted to partner with UAE Exchange and offer its growing customer base special discounts at our stores across the country.”

Malabar Gold & Diamonds, one of the leading Jewelers in the region has tied up with UAE Exchange to provide special offers to the customers. The Gold Card holder of UAE Exchange will be eligible for certain privileges/benefits/discounts when purchasing Gold/Diamond jewellery from Malabar Gold and Diamonds.


About UAE Exchange

UAE Exchange commenced its operations in 1980. Today, it has grown into a leading global remittances, foreign exchange and payment solutions brand. Headquartered in Abu Dhabi, the brand has spread its footprint across the world. With close to 800 branches spread across 31 countries in 5 continents, it has emerged as the widest globally networked remittance brand. Strong correspondent banking relationship with over 140 global banks and smart technology add to its might. Over 9000 professionals, representing more than 40 nationalities, strive to achieve excellence and bring delight to more than 7.9 million customers worldwide. UAE Exchange is an ISO certified brand and member of prestigious global associations, recognized and awarded for its quality and business excellence. For more information, please visit: www.uaeexchange.com or

The company commenced its operation in the Kingdom of Bahrain in the year 2007. In a very short span of time, it has expanded its branch network and serves over 100,000 customers from across its 13 branches in the country. Holding a licence from Central Bank of Bahrain, the company offers money transfer and foreign exchange services. It has been conferred with awards including Best Exchange House in Bahrain Award 2015 by Global Banking Finance Review.

About Malabar Gold

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, 10 wholesale units in addition to offices, design centers and factories spread across India, Middle East & Far East. With an annual turnover of $4 billion, the company currently ranks among the world’s top five jewellery retailers in terms of annual turnover.

With 7 cluster manufacturing units in India and GCC – the company currently has 9 jewellery brands to cater to the discerning needs of customers. With headquarters in Kerala, India and branches across India, Middle East & Far East, Malabar Group is best known for its activities in the field of gold, diamonds, silver and lifestyle articles.

The company, owned by more than 1,700 shareholders, which excels in quality products and services, has more than 9000 professionals working for its continued success.

Malabar Gold & Diamonds also features an online store – providing customers the opportunity to purchase their favourite jewellery any time and on any day from the comfort of their home.