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It has over 200 stores in India and a presence in the Middle East, with stores in the UAE, Qatar, Oman and Kuwait. The company's international expansion aims to cater to the Indian diaspora . In 2014, Warburg Pincus picked up a minority stake in Kalyan Jewellers for ₹ 700 crore and a second tranche of ₹ 500 crore in 2017.
As of 2016, Kuwait has a population of 4.2 million people; 1.3 million are Kuwaitis and 2.9 million are expatriates. [1] Oil reserves were discovered in 1938. From 1946 to 1982, the country underwent large-scale modernization.
Atlas Jewellery is an Indian owned jewellery retailer headquartered in Dubai, with 41 stores across the Middle East, in the UAE, Oman, Qatar, Bahrain, Saudi Arabia, Kuwait and India. The company's stores have a large range of jewellery in the gold , diamond , pearl , and gemstone categories.
Kalyan Group is a holding company for the brands of Kalyan Silks, Kalyan Jewellers, Kalyan Developers, Kalyan Sarees and Kalyan Collections. [1] It is headquartered in Thrissur , Kerala , India. History
He started his first jewellery shop named Kalyan Jewellers in Thrissur City in 1993 with a capital of ₹50,00,000. Later, he expanded the business to 32 showrooms all over South India. In 2024, Forbes magazine's latest annual tally of billionaires has listed Kalyanaraman in 622th position with a net worth of US$5.4 billion. [2]
Pure Gold Jewellers is a jewellery retailer with 120 stores across the Middle East, in the UAE, Oman, Kuwait, Qatar, Jordan, KSA, Bahrain, and Sri Lanka. The company also has 200 stores in India. [1] The company's stores sell a variety of jewellery in diamonds, gold, platinum, Murano glass and precious stones.
Dubai Gold Souk or Gold Souk (Arabic: سوق الذهب), is a traditional market (or souk) in Dubai, UAE. The souk is located in Dubai's commercial business district in Deira, in the locality of Al Ras. The souk consists of over 380 retailers, [1] most of whom are jewelry traders. Dubai Gold Souk entrance
The Indian rupee was pegged to the British pound at a rate of 13 1 ⁄ 3 Indian rupees = 1 pound. The Government of India had complained of gold traffickers in the Gulf region whose base of operations was constantly being broadened, especially in Kuwait, Bahrain and Dubai. Smugglers used to take gold to the Indian sub-continent and return with ...