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Israel Diamond Exchange
Synthetics: Coming to a Bourse Near You?
The rise of lab-grown diamonds might finally be tricklingthrough to the historic heart of the trade: the diamond exchanges.It began last November, when Anoop Mehta, president ofMumbai’s Bharat Diamond Bourse (BDB), told Rapaport News...
Polished Markets May 14, 2019 Joshua Freedman
new IDE towers 150
New Israel Bourse Tower Will Be Nation’s Tallest
The Israel Diamond Exchange (IDE) plans to expand itspremises into three new towers, one of which will be the tallest building inthe country and among the 10 highest in the world. The bourse will build...
Polished Markets Apr 08, 2019 Rapaport News
IDE Angola
Angola to Hold Rough Tender in Israel
Angola’s national diamond-trading company, Sodiam, has agreed tohold its first rough tender in Israel. Representatives from Israel’s government and diamond industry reached the deal with Angolan officials during a recent visit to the...
Rough Markets Mar 17, 2019 Rapaport News
China-Israel Diamond Week
China to Host Israel Diamond Week
The first China-Israel Diamond Week will take place in Shenzhenin April. The event — organized by the Israel Diamond Exchange(IDE), the Shanghai Diamond Exchange (SDE) and Guangdong Land Holding — willinclude a seminar, the signing...
Rough Markets Feb 27, 2019 Rapaport News
IDI Boaz Moldawsky
Boaz Moldawsky Elected IDI Chairman
The board of the Israel Diamond Institute (IDI) has electedBoaz Moldawsky for a three-year term as chairman, it said Tuesday. Moldawsky, who has served as acting chairman for the pastyear, has also been deputy president...
Polished Markets Feb 05, 2019
Israel theft
Diamonds Stolen from Israel Bourse Event
A man allegedly stole a briefcase of diamonds worth tens ofthousands of dollars from the Israel Diamond Exchange (IDE) last week.The theft took place on Monday at InternationalDiamond Week in Israel (IDWI), which ran for three days...
Financial-Legal Feb 03, 2019 Rapaport News
Martin Rapaport
Martin Rapaport Addresses Israel Bourse
Martin Rapaport called on traders to develop a niche for themselves, when he addressed attendees at International Diamond Week in Israel (IDWI).“The idea that you have a specialized area where you arethe best…is a very healthy place to be,...
Polished Markets Jan 29, 2019 Rapaport News
Sarine lab
Sarine to Launch AI Lab at Israel Event
Sarine Technologies will unveil itsfull-capacity, artificial-intelligence (AI) grading lab at the upcomingInternational Diamond Week in Israel (IDWI). The launch followsan initial pilot of the lab, which opened in Israel in February. Sarine hasmoved the lab...
Technology Jan 23, 2019 Rapaport News
Israel
Israel’s Export Slowdown Eases in 2018
Israel’s polished-diamond exports showed signs ofstabilizing in 2018 after three years of heavier declines, according togovernment data.Shipments slipped 2.5% to $4.48 billion for the year, thenation’s Ministry of Economy and Industry reported Sunday. That...
Polished Markets Jan 07, 2019 Rapaport News
IDE bourse 150
Leviev Employee Reportedly Commits Suicide
A bookkeeper at Lev Leviev’s diamond business jumped to herdeath from the company’s office at the Israel Diamond Exchange on Tuesday,according to local media. The 42-year-old woman had been questioned by police in aninvestigation into an alleged crime ring...
Financial-Legal Nov 21, 2018 Rapaport News
HRD Alibaba
Alibaba Strikes Deal with Belgian Trade
Chinese e-commerce giant Alibaba will collaborate with theAntwerp World Diamond Centre (AWDC) to bring Belgian diamonds to Chineseconsumers. Through the partnership, Shape of Antwerp diamonds will besold exclusively on the Chinese retailer’s Tmall online...
Retail Nov 06, 2018 Rapaport News
Lin Qiang
WFDB Names Shanghai Bourse Chief as VP
Lin Qiang has succeeded Yoram Dvash as vice president ofthe World Federation of Diamond Bourses (WFDB), with the latter taking on a newrole as head of a strategic body.Qiang has served as president of the Shanghai Diamond Exchangesince its...
Polished Markets Nov 01, 2018 Rapaport News
Israel Bourse Launches Alibaba Partnership 150
Israel Trade Signs Alibaba Consumer Deal
The Israel Diamond Exchange (IDE) has expanded its collaborationwith Alibaba by introducing sales directly to Chinese consumers. Israeli diamonds will be available as loose stones on Ali Auction, the Asian e-commercegiant’s luxury platform, the IDE...
Retail Oct 18, 2018 Rapaport News
IDE Managing Director
IDE Appoints New Managing Director
The Israel Diamond Exchange (IDE) has appointed Eran Zini asmanaging director. Zini was formerly the managing director of a company thatworks on vocational rehabilitation for people with disabilities. He was also asenior adviser to Israel’s...
Polished Markets Sep 16, 2018 Rapaport News
Diamond swapping
Trade ‘Blind to Diamond-Swapping Threat’
Diamond dealers are failing to protect themselves against stone-swapping,and are instead waiting until an expensive loss occurs before taking action, equipmentsuppliers have warned. The switching of natural diamonds with synthetics or otherlower-value goods is a common...
Technology Aug 15, 2018 Joshua Freedman
Israel 600
Israel Bourse Bans Traders for Synthetics-Swapping
The Israel Diamond Exchange (IDE) has kicked out two boursemembers it suspects of swapping natural diamonds with synthetics. The traders were allegedly complicit in switching D-color,high-clarity polished diamonds weighing 3 to 5 carats with lab-grown stones,IDE...
Financial-Legal Aug 05, 2018 Joshua Freedman
India Israel 200
Israel Urges India to Reduce Diamond Tax
Israel Diamond Exchange (IDE) president Yoram Dvash hascalled for India to lower its 5% import duty on polished diamonds, claiming itrestricts trade between the two countries. “The tax makes it very difficult for Indian...
Polished Markets Jul 03, 2018 Rapaport News
Israel China 150
Israel to Polish Large Diamonds from China
Chinese diamond companies will send large stones forpolishing at a new manufacturing facility in Israel, the Middle East nation’sindustry body said. Bourses in the two countries reached the agreement thisweek during a visit to Israel by Lin...
Manufacturing Jun 28, 2018 Rapaport News
Israel 150
Israel Bourse Ends Cryptocurrency Deal
The Israel Diamond Exchange (IDE) has terminated itspartnership with Carats.io because the cryptocurrency company did not haveregulatory approval, both organizations told Rapaport News. The IDE has required Carats.io to cease all...
Technology Jun 26, 2018 Joshua Freedman
Alrosa 150
Alrosa Sells $14.5M at Israel Auction
Alrosa saw revenue of $14.5 million from a sale of 112special-size diamonds in Israel, it said Thursday. The miner achieved an average price of $7,950 per carat fromthe auction of 1,824 carats of gem-quality stones weighing at least 10.8carats each,...
Mining Jun 03, 2018 Rapaport News
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