RapNet


Rapaport News

 

Rough Markets

 

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail

Angola to Hold Rough Tender in Israel

Ramat Gan bourse sees opportunities to strengthen ties between two countries.
Mar 17, 2019 11:18 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT...
 Angola’s national diamond-trading company, Sodiam, has agreed to hold 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 African country, the Israel Diamond Exchange said last week.

“Israel and Angola have many common interests, and we see a real opportunity to strengthen ties between the diamond sectors of both countries,” said IDE president Yoram Dvash. “We are very pleased that Angola is about to join the ranks of the major international diamond producers holding rough tenders in Israel.”

The Israeli diamond industry is a major importer of rough diamonds for polishing. Last year, the country imported nearly $3 billion worth of rough diamonds, the IDE noted.

Image: The Israel Diamond Exchange. (Rapaport News)
Tags: Angola, Diamantino Azevedo, ENDIAMA, Eugenio Bravo da Rosa, IDE, Israel Diamond Exchange, Israel Ministry of Economy and Industry, Jose Manuel Augusto Ganga Junior, Rapaport News, Rough tender, Shay Rinsky, SODIAM, Yoram Dvash
Similar Articles
DMCCDubai Opens Revamped Diamond Bourse
Sep 25, 2019
The Dubai Multi Commodities Center (DMCC) has unveiled aredesigned...
Angola Aims to Broaden Its Diamond Trade
WDC Executive Director Exits Organization
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us