Danube Online and the Danube App took spotlight at this year’s Applications World Forum, which ran from Oct 4-6, hosted by the Jeddah Chamber of Commerce and Industry (JCCI). In its second year running, Applications World Forum collects application owners, beneficiaries, financiers and emerging tasks in alignment of Vision 2030, and provides a platform for the region’s innovation leaders to come together to talk about the current growth patterns and future capacity for applications in the Kingdom.

Co-Founder and CEO of Danube Online Majed M. Al-Tahan and CEO of DanubeCo. Ltd. and BinDawood Stores Ahmad A.R. BinDawood used a joint presentation to the online forum’s delegates, which looked into insights of how the e-commerce industry is set to develop in future and the rapid development opportunities for e-commerce in the Kingdom. Their presentation likewise detailed how because its launch in 2017, Danube Online and the Danube App have redefined grocery shopping in the Kingdom and end up being one of the most significant e-commerce grocery platforms in the Middle East.

“It’s terrific that the Jeddah Chamber of Commerce are such champions of development. By offering this platform and encouraging environment for innovators, business owners and services alike to discover enriched digital innovation to advance applications in Saudi Arabia, the chamber is a beacon for large and little organisations alike in growing e-commerce,” stated Al-Tahan.

“As one of the biggest merchants in the Kingdom of Saudi Arabia, we are pleased to be at the Applications Word Forum to demonstrate how the Danube App is changing grocery shopping in the Kingdom. Innovation permits us to offer brand-new choices to clients and consumers are embracing e-commerce,” included BinDawood.Malabar Gold to triple retail footprint by 2023/ node/1385831/corporate-news M.P. Ahammed, chairman; Abdul Salam K.P., group Executive director; and Shamlal Ahamed, handling director(global operations ), reveal the 25th anniversary event logo of Malabar Group in Mumbai.(Photo/Supplied)Malabar Gold to triple retail footprint by 2023 Indian precious jewelry

seller Malabar Gold & Diamonds has revealed an ambitious global growth plan on the eve of its silver jubilee(25 years)events that will see the business triple its retail network from 250 showrooms this year to 750 outlets in the next five years, with an annual turnover surpassing $6.16 billion. The group currently operates retail outlets throughout 10 countries in India, the Middle East, Southeast Asia and America. Its expansion strategy will see the business broaden its footprint throughout all tier-1 and tier-2 cities in North and Central India. The business’s strategy of growth in the worldwide market consists of new areas such as Bangladesh, Sri Lanka, Australia, Canada, Egypt and Turkey. As much as 40 percent of the group turnover will be produced from the business’s operations outside India. The company plans to invest$960 million to handle the growth and growth. The growth will see Malabar Group expand its investor base from 2,752 financiers and consist of more financiers from North and Central Indian states. The growth will see Malabar Group almost double its headcount from 13,000 to 25,000 professionals on direct payroll within the next 5 years. “A Silver jubilee is a significant milestone in any company’s history and during this time Malabar Group grew from a regional entity to an Indian global brand with a large faithful customer base. Today, Malabar is a name to consider and understood to almost every customer. During the last 25 years,

Malabar Gold & Diamonds has grown from strength to strength and increased from being a little clothing to a global gamer throughout a number of verticals including gold and diamond fashion jewelry retail, precious jewelry production and multi-retail concepts, “stated M.P. Ahammed, chairman of Malabar Group &. Abdul Salam K.P., group executive director of Malabar Group, said:”As a responsible company, we are extremely mindful of our commitments to our societies. Our expansion will develop more well-paid jobs and we are extremely excited about our future growth plan. We ensure our entire operation in a very transparent method. We understand the level of sensitivity of the market and guarantee compliance through accountable sourcing, ethical service practices, transparent and professional fund management.”Shamlal Ahamed, managing director of global operations, stated:”As an Indian-born global fashion jewelry brand name, we take pride in our roots in India and assist link international customers to Indian heritage and art. Our further growth in the global arena will lead to Indian artisanal precious jewelry being showcased at popular worldwide destinations.”