Gaba to pursue investment in coloured diamonds
Gaba is to continue to invest in high-end, conflict-free coloured diamonds as the jeweller celebrates its 40th year in business this month, managing director Lee Satariano said.
Established in 1972 by Arthur Satariano and his partners as Malta’s first diamond cutting company, Gaba became the leader in the distribution of diamonds, gold and silver jewellery. Gaba Diamonds entered the retail business a year later and established a presence in Tower Road, Msida, where 18 carat gold and silver jewellery also featured.
Changes in the Maltese economy shaped the company’s operations as the diamond cutting operation diversified into the wholesale of gold and silver in the 1990s. In 1995, Gaba staged the first ever jewellery exhibition at the Mediterranean Conference Centre, when over a tonne of gold was flown to Malta.
Gaba Gioielli launched in 2002 with its flagship store on Naxxar Road, Iklin. Gaba Diamonds moved to Iklin in 2010 when the company consolidated its operations in a state of the art, four-floor complex and unveiled Gaba Dècor, a home dècor and wedding gift list arm.
“This is a very important milestone for us. Our motto ‘where trust is a tradition’ holds true to this day,” Mr Satariano, an HRD gemmologist said. “We intend to continue investing and building on our success.”
There are several in-store promotions including free gifts and special offers on the silver and dècor floors throughout October.