Malabar Gold & Diamonds, one of the world’s leading jewelry retailers, recently launched three new stores.
Bollywood actress Kareena Kapoor Khan inaugurated two showrooms in Dubai on Oct. 5. The store located on Cosmos Lane, Meena Bazar, near Dubai Museum is the largest jewelry store in Bur Dubai.
Khan inaugurated the store in the presence of M.P. Ahammed, chairman; K.P. Abdul Salam, group executive director; Shamlal Ahamed, managing director — international operations; Asher O., managing director — India operations; in addition to other management officials, members of the media and guests.
The new showroom is spread across 5,000-square feet and displays over 35,000 jewelry pieces from ten countries.
Khan also launched Malabar Gold & Diamonds’ 191st store globally on the same day in Lulu Hypermarket, Al-Barsha.
Both stores feature a rare collection of gold and diamond jewels from India, Malaysia, Turkey, Singapore, Hong Kong, Pakistan, Thailand, Italy, Spain and Bahrain.
This includes skilfully crafted jewelry in 24 carat, 22 carat and 18 carat, ranging from lightweight daily wear to bridal jewelry in traditional as well as contemporary designs.
Customers can win up to 100 kilos of gold with the purchase of gold and diamond jewelry.
With every purchase of gold and diamond jewelry worth 500 dirhams ($136), customers get a chance to win a half kilo of gold each in 25 raffle draws.
Customers also get a two-gram gold coin on diamond jewelry purchase worth 5,000 dirhams and a one-gram gold coin on purchase of diamond jewelry worth 3,000 dirhams.
Customers can protect the gold rate until Oct. 17 by paying 10 percent of the entire amount on the selected gold jewelry.
The jewelry retailer also inaugurated a new showroom in Kuwait on the same day. The new store located in Al-Salam Mall Kuwait is the group’s 190th store globally and its seventh store in Kuwait.
Malabar Gold launches 3 stores in a day in UAE, Kuwait
Malabar Gold launches 3 stores in a day in UAE, Kuwait
ITC Infotech accelerates Vision 2030 through digital hub in Riyadh
ITC Infotech’s commitment to delivering real digital change in the Middle East is reinforced by strengthening collaboration and working more closely with customers on the ground. The establishment of its Digital and AI Engineering Hub in Riyadh brings superior digital engineering and AI skills closer to businesses, allowing for speedier collaboration, localized innovation, and solutions targeted to regional needs. This strategic expansion aligns with Saudi Arabia’s Vision 2030 and underscores ITC Infotech’s long-standing emphasis on partnership-led growth and customer-centric innovation.
The hub was officially inaugurated on Jan. 15 by Sanjiv Puri, chairman and managing director of ITC Ltd. This facility is designed to help enterprises leverage advanced technologies and convert digital ambitions into measurable business outcomes. This move aligns closely with Saudi Arabia’s efforts to build a knowledge-driven economy powered by innovation and technology.
Saudi Arabia’s digital leap
Vision 2030 is more than just economic diversification; it is a clear blueprint for creating a technologically advanced society. This vision is centered on the integration of artificial intelligence and digital engineering, which are transforming industries and enabling long-term, sustainable growth. The strategic importance of AI is clear, with the Saudi Data and AI Authority estimating that it may add $135 billion to the Kingdom’s GDP by 2030. This commitment is supported by significant investments, including $14.9 billion announced at LEAP 2025 to advance digital infrastructure, talent, and next-generation technologies, as well as historic projects like the $2.7 billion Hexagon Data Center in Riyadh. Together, these efforts are laying the foundation for a secure, resilient, and future-ready digital ecosystem that can support AI adoption, data-driven governance, and smart city development at scale.
What the hub offers
ITC Infotech’s Riyadh hub is designed to fuel this momentum by focusing on three core areas:
- AI-powered platforms: Delivering predictive analytics, intelligent automation, and data-driven insights to help businesses transition from reactive operations to proactive strategies.
- Digital engineering solutions: Leveraging Industry 4.0-driven smart manufacturing capabilities, integrating AI-led modeling, connected systems, and advanced analytics to optimize production performance, improve asset utilization, and proactively reduce operational and quality risks across the engineering lifecycle.
- Cloud-native architectures: Building agile, secure, and resilient ecosystems that enable faster innovation and seamless integration across enterprise systems.
These capabilities are designed to enable organizations to innovate, scale, and compete in a rapidly evolving digital economy. Beyond technology, the hub is fundamentally anchored in building a team of the region, from the region, for the region and for global impact. Through structured skill-building programs, deep partnerships with academia, systematic knowledge transfer, and immersive, hands-on delivery models, the hub is creating a future-ready Saudi workforce fully aligned with Vision 2030 and capable of serving both national and international priorities.
Driving enterprise transformation
The ITC Infotech hub aims to enable transformation rather than simply deploy technology. By driving AI adoption, accelerating digital engineering, and building cloud-native ecosystems, ITC Infotech seeks to help businesses:
- develop new business models to meet evolving market needs.
- improve operational efficiency through predictive insights and automation.
- support sustainability goals by optimizing resources and reducing risks.
- build a skilled local workforce capable of leading future innovations.
These outcomes support enterprises as they transition to more resilient, data-driven, and digitally mature operating models.
The road ahead
ITC Infotech is a wholly owned subsidiary of ITC Limited, one of India’s largest conglomerates, with over 25 years of experience as a trusted technology services partner to enterprises globally. The company focuses on next-generation enterprise transformation, delivering services across infrastructure and application modernization, cloud, cybersecurity, digital engineering, and AI-led innovation.
As Saudi Arabia continues its digital journey, ITC Infotech’s combination of global expertise, strong local presence, and collaborative delivery model positions it as a long-term partner in advancing Vision 2030. ITC Infotech’s hub in Riyadh reflects this commitment, bringing advanced capabilities closer to customers, investing in local talent, and enabling enterprises to adopt AI at scale as they compete in an increasingly digital world.
