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Antwerp Diamond Bourse trading floor.
Antwerp Trading Halls Shut for Second Time
The Federation of Belgian Diamond Bourses has closed all four of Antwerp’s trading floors following a spike in coronavirus cases in the city.The national government tightened social-distancing rules on Monday to prevent a repeat of the full lockdown it instituted...
Polished Markets Jul 28, 2020 Joshua Freedman
The diamond-exchange district in Ramat Gan, Israel
Israel Bourse Calls for Tax-Free Trading Zone
The Israel Diamond Exchange (IDE) has urged the government to establish an international free-trade area in the bourse complex, arguing that the tax-free zone would attract foreign companies and boost the local industry.The...
Financial-Legal Jul 28, 2020 Rapaport News
Union Bank
Israel’s Union Bank Sells Diamond Portfolio
Israeli finance company Peninsula has agreed to buy Union Bank’s diamond business, pledging to continue offering loans amid a shortage of credit in the domestic industry.Peninsula will pay between 55% and 70% of the loan portfolio’s...
Financial-Legal Jul 14, 2020 Rapaport News
Israel Diamond Exchange.
Israel Diamond Industry ‘on Verge of Collapse’
Israel’s diamond industry is on the verge of collapse as the coronavirus has wiped out sales and forced business to stop, the president of the Israel Diamond Exchange said Wednesday in a letter to the government.The pandemic will cost...
Polished Markets Jul 09, 2020 Rapaport News
Nissim Zuaretz
ISDMA Elects Nissim Zuaretz as President
The Israel Diamond Manufacturers Association (ISDMA) has elected Nissim Zuaretz, founder of D.N. Diamonds, as its president.He will serve a three-year term, succeeding Kobi Korn, who had held the position since 2014, Zuaretz...
Manufacturing Jun 28, 2020 Rapaport News
IDE cleaning.
Israel Trading Floor Shuts Due to Virus Case
The Israel Diamond Exchange (IDE) closed its trading floor on Wednesday after a member who had been inside the hall tested positive for Covid-19.The bourse has already disinfected the room in preparation for...
Polished Markets Jun 11, 2020 Rapaport News
Image: The Bharat Diamond Bourse in Mumbai. (Rapap
Israel Bourse Opens Redesigned Trading Hall
The Israel Diamond Exchange (IDE) has reopened its trading floor following a two-month nationwide lockdown due to the pandemic.The hall will operate under a new format to comply with government health-and-safety rules, the IDE...
Polished Markets May 25, 2020 Rapaport News
he Israel Diamond Exchange trading floor during In
Israel Bourse Trading Floor to Reopen May 24
The trading floor at the Israel Diamond Exchange (IDE) will resume “regular activities” next week, bourse president Yoram Dvash announced in a Facebook post Sunday.From May 24, the hall will function under a new...
Polished Markets May 17, 2020 Rapaport News
Israel bourse district
Israel Bourse Resumes Certain Services
The Israel Diamond Exchange (IDE) has become the latest bourse to revive operations, as trading centers around the world slowly return to action following lockdowns.Facilities including banks, the post office, customs, the diamond...
Polished Markets May 06, 2020 Rapaport News
Blom
WFDB Head Ernie Blom Steps Down
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...
Polished Markets Apr 20, 2020 Rapaport News
IDE
Israel Bourse Offers Two-Month Fee Discount
The Israel Diamond Exchange (IDE) has temporarily reduced fees for members due to the severe slowdown in trading resulting from the coronavirus outbreak.IDE president Yoram Dvash announced a 50% discount on membership charges and...
Polished Markets Mar 17, 2020 Rapaport News
AWDC building Antwerp
Belgium, Israel Shut Diamond Trading Halls
All diamond trading halls in Belgium and Israel are closing until further notice as the countries attempt to stem the spread of the coronavirus.Antwerp’s four bourses will shut their trading floors from Monday, the...
Polished Markets Mar 15, 2020 Rapaport News
Panel
Panel Highlights Traceability Opportunity
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...
Polished Markets Feb 13, 2020 Rapaport News
IDWI
Israel Diamond Week Lifts Local Trade
The International Diamond Week in Israel (IDWI) closed Wednesday with participants noting steady trading among local dealers in the absence of Chinese buyers.Delegations from China and Hong Kong were scheduled to attend the three-day...
Marketing Feb 13, 2020 Rapaport News
Alrosa Udichniy Mine
Alrosa Reveals Client List for 2020
Alrosa has named 58 companies that qualify for its long-term rough supply in 2020.The annual reshuffle saw the mining company remove Belgium-based Blue Gems and Russia’s EPL Diamond from the roster, while...
Rough Markets Feb 06, 2020 Joshua Freedman
Benny Landa
Tech Pioneer Sees Future for Synthetics in Israel
Israel has an opportunity to forge a new specialism in diamond synthesis as its polishing sector diminishes, according to a leading hi-tech executive and founder of a lab-grown venture.The country’s once-thriving diamond-manufacturing industry has mostly shifted to India, with only...
Technology Jan 02, 2020 Joshua Freedman
Israel Diamond Week
Israel Diamond Week Goes International
The upcoming International Diamond Week in Israel (IDWI) willfeature exhibitors from outside the country for the first time, in the hopes ofdrawing in more buyers. “There has been a lot of interest on the part of internationalcompanies...
Rough Markets Dec 24, 2019 Rapaport News
Antwerp Beurs
Antwerp Bans Lab-Grown from Trading Floors
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...
Polished Markets Oct 10, 2019 Joshua Freedman
Israel Dignitaries 2019
Israel Honors 12 Industry Dignitaries
The Israel Diamond Manufacturers Association last week honored 12 individuals for their contribution to the industry.The ceremony, which occurs every two years, bestowing the title “Israel Diamond Industry Dignitary 2019,” took place...
Polished Markets Aug 05, 2019 Rapaport News
Shanghai
Israel, Shanghai Bourses Strengthen Cooperation
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...
Polished Markets Jul 15, 2019 Rapaport News
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