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Jacques Korn
Belgium Diamond Veteran Jacques Korn Dies
The Belgian diamond industry is mourning the death of Jacques “Jacky” Korn, a former president of the Antwerp Diamond Bourse and a veteran of the trade.Korn previously served as the vice president of the Federation of Belgian Diamond Bourses...
Polished Markets Nov 02, 2020 Rapaport News
Alrosa diamond sorting
Alrosa to Maintain Supply Flexibility
Alrosa has pledged to remain flexible with its supply policy during the current industry downturn, as the coronavirus has left clients unsure how much rough to buy.“The virus has triggered uncertainty, and our...
Rough Markets Mar 08, 2020 Rapaport News
Belgium Shipments Hit 10-Year Low
Belgium’s diamond trade declined in 2019 as excess supply led to slower demand for rough and polished, the Antwerp World Diamond Centre said Wednesday.Polished exports fell 13% to $9.93 billion, their lowest level since...
Polished Markets Jan 16, 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
HRD 150
HRD Antwerp to Open Moscow Grading Lab
HRD Antwerp will launch a grading center in Moscow, itsfirst in Russia, the Antwerp World Diamond Centre (AWDC) said Tuesday. The diamond-certification organization, a subsidiary of theAWDC, signed a memorandum of understanding (MoU) with Russian Deputy FinanceMinister...
Polished Markets Jun 20, 2018 Rapaport News
AWDC 150
Antwerp Unveils Automated Polishing Technology
Researchers in Antwerp have developed fully automatedpolishing technology that, they claim, will make the production process 10 to20 times faster. The new equipment, Fenix, will take an hour and a half tocarry out work...
Rough Markets Jun 18, 2018 Rapaport News
Indian jewelry
Diamond Organizations Launch Banking Platform
Two leading industry organizations launched a digitalknow-your-customer (KYC) platform at a major banking summit in Mumbai on Friday.The summit — titled “Diamond & JewelleryFinancing 2018: Mitigating Risks Efficiently” — addressed the financialindustry’s concerns about the diamond sector...
Financial-Legal May 13, 2018 Rapaport News
AWDC Names New President  150
Parikh Returns to AWDC President Role
The Antwerp World Diamond Centre (AWDC) has appointed Nishit (Bali) Parikh president, a position he held from 2010to 2012, its board said last week.Parikh (pictured), the CEO of Diarough, will replaceoutgoing president Stéphane...
Polished Markets Feb 25, 2018 Rapaport News
AWDC, De Beers Mull Blockchain Partnership
The Antwerp World Diamond Centre (AWDC) is in discussions withDe Beers about a potential blockchain venture, the Belgian trade organizationsaid last week.An AWDC study last year concluded that blockchain couldincrease transparency and confidence...
Technology Dec 18, 2017 Rapaport News
Global Weakness Hits Antwerp Diamond Trade
Belgium’s polished diamond trade slumped last year due to an economic slowdown in India and China, the Antwerp World Diamond Centre(AWDC) reported.Polished exports slid 10 percent to $11.8 billion, whileimports fell by the same margin to $11.39...
Polished Markets Feb 01, 2017 Rapaport News
Ari Epstein AWDC
HRD Antwerp Launches Bilingual Grading Reports
HRD Antwerp will become the first grading laboratoryto offer diamond reports in two languages, the company said as Antwerpofficials participated in a trade mission to Korea.The lab will launch bilingual reports in English and Korean,as well...
Polished Markets Dec 13, 2016 Rapaport News
Peter Macken HRD Antwerp
HRD Antwerp Parts Company with CEO Macken
HRD Antwerp terminated its contract with chiefexecutive officer Peter Macken after less than 18 months because of“differing strategic views.”The grading laboratory’s board appointedAri Epstein, CEO of the Antwerp World Diamond Centre, as its...
Polished Markets Sep 20, 2016 Rapaport News
Antwerp DNA campaign
Antwerp Says Diamonds Are ‘in our DnA’
Antwerp’s diamond industry is aiming to invigorate theBelgian city’s reputation as a global capital for the sector through a newcampaign.Entitled ‘Diamonds and Antwerp, it’s in our DnA,’ theinitiative celebrates more than 550 years during which the...
Marketing Jun 19, 2016 Rapaport News
Ari Epstein
Profile: Ari Epstein
Antwerp still remains the world’s most important center for the diamond trade. Approximately 80 percent of the total world production of rough diamonds is being traded in Antwerp, as is an estimated 50 percent of all polished diamonds worldwide. The...
Polished Markets Jul 28, 2013 Rapaport News
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