Malabar Gold to open two new Saudi stores

The new showroom in Jeddah is the brand’s second showroom in Al-Balad’s gold market and the third in Jeddah.
Updated 04 February 2019
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Malabar Gold to open two new Saudi stores

Indian jewelry retailer Malabar Gold & Diamonds will inaugurate this week two new stores in the Kingdom.

The company’s 13th Saudi showroom will open on Wednesday at 5 p.m. in Jeddah’s Al-Balad district while the 14th showroom in the Kingdom will be inaugurated on Thursday at 6:30 p.m. in Madinah.

The new showroom in Jeddah is the brand’s second showroom in Al-Balad’s gold market and the third in Jeddah. Malabar Gold & Diamonds also operates in Lulu Hypermarket in the city’s Amir Fawaz district.

The brand, which has a showroom in Makkah, is all set to open its first store in the holy city of Madinah. It is located near Gate No.17 of the Prophet’s Mosque.

Both outlets will unveil a significantly large collection of traditional as well as contemporary designer jewelry in 18-carat, 22-carat and 24-carat gold, alongside diamond, uncut diamond and precious gem jewelry.

To celebrate the launch of the two new stores, Malabar Gold has announced a number of inaugural offers. Customers will receive a 1-gram cold coin on diamond jewelry purchases of SR3,000 ($800). They can also avail a zero deduction exchange offer on a 22-carat old gold exchange. These offers are valid only at the two new stores until Feb. 23.

The jeweler’s exclusive brands include: Ethnix — handcrafted designer jewelry; Era — uncut diamond jewelry; Mine — diamonds unlimited; Divine — Indian heritage jewelry, Precia — gem jewelry; and Starlet — children’s jewelry.

Malabar Gold has a strong retail network of 250 outlets spread across 10 countries.

It is the flagship company of Malabar Group, a diversified Indian business conglomerate.

Established in 1993 in the Indian state of Kerala, Malabar Gold & Diamonds today has an annual turnover of $4.51 billion and the company currently ranks No.1 among the largest jewelry retailers globally.


Jameel Observatory-CREWSnet advances climate resilience in Bangladesh

Updated 20 January 2026
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Jameel Observatory-CREWSnet advances climate resilience in Bangladesh

The Jameel Observatory Climate Resilience Early Warning System Network, an initiative co-founded by the Massachusetts Institute of Technology and Community Jameel to reinvent climate change adaptation in vulnerable communities into a proactive, integrated and evidence-based process, announced the launch of its Adaptation Fortress initiative, transforming existing cyclone shelters and providing protection from heat waves in Bangladesh for the first time.
The first Adaptation Fortress is under construction in Satkhira district, southwest Bangladesh. If this pilot is successful, the initiative will open a pathway, with additional funding, to scaling up to 1,250 Adaptation Fortresses providing heatwave relief to half a million of the region’s most vulnerable residents.
More than 30 million people live in southwestern Bangladesh. Between 2019 and 2021, including in the midst of the COVID-19 pandemic, multiple cyclones hit the region, devastating land, homes and entire communities. The threats posed by climate change — rising sea levels and more extreme weather — mean that people living in this region are likely to face similar crises in the years ahead. In addition to cyclones, extreme heat is a growing threat, putting people at risk of dehydration and heatstroke. In 2024, the UN found that heat waves caused nationwide school closures for two weeks, with some schools closing for six to eight weeks due to the combined impact of heat waves and flooding.
In Bangladesh, the Jameel Observatory-CREWSnet has used its mid-century climate projections and analysis of local human systems to design a pilot for a multi-purpose, multi-objective structure called an Adaptation Fortress.
By engaging extensively with local communities, the Jameel Observatory-CREWSnet, which includes among its partners BRAC, a global nongovernmental organization established in Bangladesh, is demonstrating a new model of climate adaptation that repurposes schools that are also cyclone shelters to serve as sanctuaries during extreme heat events.
The climate resilient shelter model is the first of its kind in Bangladesh and serves as a blueprint for infrastructure development across South Asia. Designed to protect the most vulnerable community members during government-declared heat emergencies, Adaptation Fortresses feature solar power generation and battery backup systems to ensure the shelter is resilient to outages during extreme heat conditions. The site also includes rainwater harvesting capacity and is designed so that excess energy generated when air conditioning is not in use is made available for community use.
Mohammed Abdul Latif Jameel KBE, founder and chairman of Community Jameel, said: “The Jameel Observatory-CREWSnet’s construction of this first pilot Adaptation Fortress marks a milestone for Bangladesh and the region. It lays the foundation for a proactive response to cyclones and heat stress — emergencies that the team has projected will become frequent events, threatening the lives of millions in Bangladesh. By adapting infrastructure today, we are building the resilience needed for tomorrow.”
Professor Elfatih Eltahir, lead principal investigator of the Jameel Observatory-CREWSnet, said: “Bangladesh built a vast network of cyclone shelters that have been effective in protecting vulnerable populations. For the first time the Jameel Observatory-CREWSnet is introducing the concept of shelter from heat waves as well as cyclones in southwest Bangladesh. This integrated and proactive initiative will significantly improve climate resilience in a region with some of the highest risks from climate change.”
Dr. Deborah Campbell, executive director of the Jameel Observatory-CREWSnet, said: “Bangladesh is getting hotter and will experience more frequent and severe heat waves, leaving many people very vulnerable to heat stress and lacking the resources to adapt. The Adaptation Fortress initiative will provide shelter for the most vulnerable community members in southwest Bangladesh and has the potential to serve as a model for similar proactive climate resilience infrastructure development across Bangladesh and South Asia.”
Dr. Md Liakath Ali, principal investigator of the Jameel Observatory-CREWSnet at BRAC, said: “BRAC is proud to partner with the Jameel Observatory-CREWSnet in pioneering the Adaptation Fortress initiative, an important step toward protecting vulnerable communities from the growing risks of extreme heat in coastal Bangladesh. By transforming existing cyclone shelters into multi-purpose, climate-resilient infrastructure, we are demonstrating how locally grounded solutions can address emerging climate hazards while strengthening community well-being. Alongside the pilot, we are committed to engaging policy makers so that future heat and climate risks are integrated into national planning processes. The lessons from this initiative will not only support communities in the southwest, but also inform long-term, scalable strategies for resilience across the country.”