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June 08 2020

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Angola
Angola Plans Trading Hub to Support Sales
Angola plans to create a diamond hub and exchange to help streamline sales and marketing of the rough the country produces.The hub will include an Angolan Diamond Bourse (ADB), a gemological academy and a technological research center....
Rough Markets Jun 09, 2020 Rapaport News
National Bank of Fujairah Antwerp launch April 201
Dubai’s NBF Enters Antwerp Lending Market
The National Bank of Fujairah (NBF) has launched arepresentative office in Antwerp as it looks to expand its business lending toestablished diamond traders. The Dubai-based bank targets wholesalers with secure sourcesof income and solid product...
Financial-Legal Apr 07, 2019 Joshua Freedman
Bank
AWDC: Antwerp Diamond Bank to Close Accounts by June 30
The Antwerp World Diamond Centre (AWDC) stated that significant progress has been made in transitioning Antwerp Diamond Bank (ADB) clients to new banking services. In April, the AWDC negotiated a two-month extension for ADB...
Financial-Legal Jun 26, 2015 Jeff Miller
Rough Diamonds
Disciplined Diamantaires
The diamond market is slowly becoming more disciplined. It needs to. With high rough prices, declining polished, less available credit and lower retail inventory levels, it has become increasingly difficult for diamantaires to turn...
Polished Markets May 01, 2015 Avi Krawitz
Dubai
Bank Executives Tell Diamond Industry That Risk Hinders Financing
An incomplete understanding of risk across the diamond industry, rather than a lack of a business transparency, is the main reason behind the difficulty in securing bank financing in the diamond industry today, industry bankers said Wednesday at the...
Manufacturing Apr 23, 2015 Ronen Shnidman
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