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flag Malabar Gold & Diamonds invests $75M to open three showrooms in New Zealand, enhancing trade ties.

flag Malabar Gold & Diamonds, the world's 6th largest jewelry retailer, plans to enter the New Zealand market with a $75 million investment, opening three showrooms in Auckland, Wellington, and Hamilton. flag This move follows the recent economic agreement between the UAE and New Zealand, aiming to boost trade and economic ties. flag The company also pledges to contribute 5% of its profits to local health, housing, and education initiatives.

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