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Israel, Dubai Diamond Sectors Sign Trade Deal
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Diamond bourses in Israel and the United Arab Emirates (UAE) have signed a cooperation deal following the recent peace accord between the two Middle East countries.The Israel Diamond Exchange (IDE) will open...
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Polished Markets
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Sep 17, 2020
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Rapaport News
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WFDB Elects Yoram Dvash as President
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The World Federation of Diamond Bourses (WFDB) has voted in Yoram Dvash as its president for a three-year term, the organization said Tuesday.Dvash, who holds the same position at the Israel Diamond Exchange, had been...
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Polished Markets
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Sep 15, 2020
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Rapaport News
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Kim Pelletier to Head Get Diamonds Platform
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The World Federation of Diamond Bourses (WFDB) has named Kim Pelletier as CEO of its Get Diamonds trading platform, it said Monday.Pelletier is a former vice president for sales and marketing at diamond-trading site Polygon. She was...
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Polished Markets
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Aug 31, 2020
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Rapaport News
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World Diamond Congress Goes Virtual
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The World Diamond Congress will take place in a virtual format beginning September 14, giving industry leaders an opportunity to brainstorm ways of navigating coronavirus-related challenges. The biennial event, a joint meeting of the World Federation of Diamond...
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Polished Markets
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Aug 17, 2020
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Rapaport News
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WFDB Expands Membership Beyond Core Trade
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The World Federation of Diamond Bourses (WFDB) has opened its membership to companies outside the core diamond trade, aiming to make the group more relevant and influential.Organizations connected to the diamond industry, such as retailers,...
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Polished Markets
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Jun 08, 2020
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Rapaport News
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Ernie Blom Wins Legal Case Against WFDB
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An Antwerp court has prohibited the World Federation of Diamond Bourses (WFDB) from publicly blacklisting former president Ernie Blom over a payment dispute in Dubai.Blom had sought an injunction to prevent the organization from complying with...
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Financial-Legal
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May 17, 2020
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Rapaport News
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Young Diamantaires Moving Beyond Infancy
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The Young Diamantaires group is planning to become a more structured organization, with regional chapters and an online networking platform for registered members, its founder told Rapaport News. The initiative of the World Federation of Diamond...
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Polished Markets
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May 10, 2020
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Joshua Freedman
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WFDB Head Ernie Blom Steps Down
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The World Federation of Diamond Bourses (WFDB) has named Yoram Dvash as acting president following Ernie Blom’s decision to stand down temporarily.The WFDB’s executive committee elected the Israel Diamond Exchange president in a Zoom meeting...
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Polished Markets
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Apr 20, 2020
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Rapaport News
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WFDB to Fund Get Diamonds Trading Platform
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The World Federation of Diamond Bourses (WFDB) has adopted Get Diamonds as its official trading platform, the organization’s president Ernie Blom told Rapaport News. The WFDB’s executive committee agreed in a Zoom meeting on Sunday...
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Polished Markets
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Apr 06, 2020
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Avi Krawitz
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Panel Highlights Traceability Opportunity
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The trend of adopting diamond traceability measures is gaining traction, according to participants in a panel discussion at Israel’s International Diamond Week.The panel, moderated by Rapaport Senior Analyst Avi Krawitz, explored how various businesses across the supply...
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Polished Markets
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Feb 13, 2020
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Rapaport News
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Antwerp Bans Lab-Grown from Trading Floors
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The Federation of Belgian Diamond Bourses has introduced aban on lab-grown sales in Antwerp’s four trading halls. While synthetics trading is still rare in Antwerp, theumbrella group took action last month because it views the exchanges...
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Polished Markets
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Oct 10, 2019
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Joshua Freedman
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WFDB Prepares Master Plan to Boost Relevance
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There was a time, though not very recent, when a gathering of the World Federation of Diamond Bourses (WFDB) was graced by royalty and high-ranking politicians, recalled industry consultant Peter Meeus at the organization’s annual Presidents’...
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Polished Markets
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Oct 07, 2019
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Avi Krawitz
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US Bans Import of Zimbabwe Diamonds
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US Customs and Border Protection (CBP) has blocked theimport of rough diamonds mined from the Marange fields in Zimbabwe, claimingthey were produced using forced labor. “CBP is firmly committed to identifying and preventingproducts made with...
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Mining
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Oct 03, 2019
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Rapaport News
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Nurturing the Next Generation of Diamantaires
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If anyone in the industry wanted to know how to transform a diamondbusiness and safeguard its future, they might do well to speak to the 25members of the Young Diamantaires group who went on last week’s mission toSouth Africa.The delegates...
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Mining
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Sep 12, 2019
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Joshua Freedman
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Blom Urges KP to Define Systemic Violence
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The war on conflict diamonds will remain at a standstilluntil the industry can agree on what constitutes systemic violence, according to World Federation of Diamond Bourses (WFDB) president Ernie Blom. The lack of agreement on the matter is preventing...
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Polished Markets
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Jul 29, 2019
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Leah Meirovich
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Israel, Shanghai Bourses Strengthen Cooperation
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Members of the Israel and Shanghai diamond exchanges are set to sign a cooperation agreement during the inaugural Israel Diamond Week that opens in the Chinese city on Tuesday.The three-day event marks the first time...
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Polished Markets
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Jul 15, 2019
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Rapaport News
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Israel Bourse Unveils ‘Real Diamonds’ Campaign
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The Israel Diamond Exchange (IDE) haslaunched an international awareness campaign, highlighting the unique featuresof natural diamonds.The bourse will promote its “I lovenatural diamonds” campaign — which it says is the first internationalinitiative by a global diamond center...
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Marketing
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Jul 01, 2019
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Rapaport News
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Peter Meeus to Advise WFDB on Synthetics
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The World Federation of Diamond Bourses (WFDB) has hiredPeter Meeus as an external adviser. He will be responsible for helping theorganization fine-tune its position on lab-grown diamonds and other industrymatters. Synthetic diamonds are a huge concern in the...
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Polished Markets
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Jun 27, 2019
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Leah Meirovich
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Synthetics: Coming to a Bourse Near You?
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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...
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Polished Markets
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May 14, 2019
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Joshua Freedman
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Antwerp Bourse Head to Lead IDC Board
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The International Diamond Council (IDC) has elected Julien Drybooms as chairman of its board.Drybooms is the chairman of the Vrije Diamanthandel diamond bourse in Antwerp, and the owner of Drybooms Diamonds. He is also a former chairman of HRD Antwerp,...
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Polished Markets
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Apr 23, 2019
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Rapaport News
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