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Malabar Gold to expand in UAE

  • United Arab Emirates: Thursday, June 26 - 2008 at 07:56

Malabar Gold, which last week launched its first store in the Middle East, in the UAE emirate of Sharjah, plans to invest Dhs300m ($82m) in the UAE, reported Gulf News. The retailer, a jewellery subsidiary of Malabar Group, a south Indian real estate group, plans three more outlets in the UAE in two months.

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