<h1>Malabar Gold & Diamonds to Invest NZD 75 Million in New Zealand Expansion, Opening Three Showrooms under CEPA.</h1> Malabar Gold & Diamonds, the sixth largest jewelry retailer globally, plans to enter the New Zealand market with a NZD 75 million investment, establishing three showrooms. This expansion aligns with the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and New Zealand, enhancing trade and economic collaboration. The company, headquartered in the UAE, aims to capitalize on this agreement to streamline operations and introduce its products to a new audience. Malabar Gold & Diamonds emphasizes its commitment to sustainability and ethical practices, adhering to high standards of ethical sourcing and social welfare initiatives, contributing 5% of profits to CSR/ESG efforts.