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19 March 2024

Revealed: UAE’s best brands for 2016 are….

Winners of the Superbrand award for 2016 (Supplied)

Published
By Staff

Superbrands, an arbiter of branding, on Tuesday announced that 62 companies have been awarded the Superbrand for 2016.

Malabar Gold and Diamonds Group won the 'Brand of the Year' award.

Mike English, Director, Superbrands Middle East said Malabar Gold has been voted ‘Brand of the Year’ for 2016 because it enjoyed a reputable position as one of the most trusted brands in India and GCC in the jewellery segment.

Malabar Gold And Diamonds scored the highest points amongst all the brands.

With an annual turnover of $4 billion, the company currently ranks among the world’s top five jewellery retailers in terms of annual turnover.

With over 2,000 leading brands in the UAE vying for the Superbrands title, only sixty-two scored more than 80% of the total possible mark.

"This year it is heartening to see so many local home grown brands and some new entrants in the market make it into the Superbrands UAE book in addition to internationally recognised brands. To be voted a Superbrand is a powerful endorsement and is evidence for existing customers, potential customers, media, suppliers, investors and employees of each brand’s exceptional status,” English added.