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Malabar Gold & Diamonds, Brink’s Inc partner to embrace innovative strategies

Malabar Gold & Diamonds, Brink’s Inc partner to embrace innovative strategies

The Peninsula
Sunday, June 30, 2024 07:58:41 AM UTC

Doha: Malabar Gold Diamonds, the 6th largest jewelry retailer globally with over 350 showrooms across 13 countries, have extended their partnership...

Doha: Malabar Gold & Diamonds, the 6th largest jewelry retailer globally with over 350 showrooms across 13 countries, have extended their partnership with Brink’s Inc., a leading provider of cash and valuables management, digital retail solutions, and ATM Managed Services, to utilise their cash management services in the UAE & precious metal storage facilities globally. 

“Brink’s Global Services has been Malabar Gold & Diamonds’ exclusive logistics partner for several years, and we are very excited to expand our longstanding partnership with them.

By broadening the scope of our partnership to cash management services across our retail stores in the UAE and precious metal storage facilities globally, we are further optimizing our efficiency in retail operations and driving Malabar Gold & Diamonds’ global growth”, commented Shamlal Ahamed, MD-International Operations, Malabar Gold & Diamonds.

Through Brinks’ state-of-the-art cash management solutions, Malabar Gold & Diamonds’ retail stores in the UAE will optimise cash resources, improving liquidity and streamlining cash-related  operations. 

By utilising these solutions, Malabar Gold & Diamonds can enhance their financial performance, minimize risk, and maintain better control over their cash reserves. 

Read full story on The Peninsula
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