In business, spread your wings

June 15, 2016 | By RetailME Bureau

I came to the UAE towards the end of 1986 and opened a jewellery shop in January 1987. Our first location was Abu Dhabi, not Dubai. At that time, there were few jewellers in the Gold Souk area, mostly from Gujarat. There were hardly any from South India. But the customers were mostly Keralites. They liked to spend their savings on gold jewellery, preferring to buy gold jewellery and gold bars here to take back to India. That’s because the price difference was quite high.

I thought this was a good chance to start a jewellery shop to meet the demand from the Asian sub-continent – India, Pakistan and Bangladesh – mostly for -22karat jewellery. So, I set up the first store in 1987. The same year, I opened a second outlet in Dubai for the obvious reason that the emirate, even then, served as a business hub.

Aside from tourists from India, other GCC-based Indians also liked visiting the Dubai Gold Souk. We wanted to cater for them as well. In fact, ours was the first gold outlet in the Gold Centre, the others being fashion, footwear, food and even a cassette library. Now, gold and jewellery retailers dominate the place.



Previous Article Next Article


Union Coop, a consumer cooperative in the UAE, revealed that 78% of 

Continue Reading

August 24, 2021 | By Jibran Chouguley

Union Coop has opened its 23rd branch within the UAE in Jumeirah 

Continue Reading

August 2, 2021 | By Jibran Chouguley

Nando’s has revealed their revamped Sheikh Zayed Road outlet where newcomers and 

Continue Reading

July 8, 2021 | By Jibran Chouguley

UAE-based Al Maya Group announced that it will be boosting import of 

Continue Reading

June 24, 2021 | By RetailME Bureau

UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu 

Continue Reading

June 2, 2021 | By RetailME Bureau

UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand 

Continue Reading

March 31, 2021 | By RetailME Bureau

Locally owned supermarket Spinneys celebrates 60 years of doing business in the 

Continue Reading

March 9, 2021 | By RetailME Bureau
Almarai, Carrefour, Emirates have the most loyal customers

UAE-based Carrefour will become the first retailer in the region to offer new levels 

Continue Reading

February 22, 2021 | By RetailME Bureau

The Organic Farmers’ Market is back in Bay Avenue for its 12th 

Continue Reading

February 17, 2021 | By RetailME Bureau

UAE-based  Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah, 

Continue Reading

February 15, 2021 | By RetailME Bureau
Jones the grocer

Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones 

Continue Reading

February 1, 2021 | By RetailME Bureau

UAE-based Al Maya Supermarkets is hosting a two-week food festival at select 

Continue Reading

January 17, 2021 | By Lawrence Pinto

Download Images RetailME Magazine