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Israel Bahrain Dec 2020
Israel, Bahrain Bourses Sign Agreement
The Israel Diamond Exchange (IDE) and the Bahrain Bourse have agreed to collaborate on trade following a recent peace deal between the Middle East countries.The two institutions signed a memorandum of understanding (MoU) at the IDE...
Polished Markets Dec 03, 2020 Rapaport News
Israel-Dubai
Israel, Dubai Diamond Sectors Sign Trade Deal
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...
Polished Markets Sep 17, 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
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
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
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
ALROSA Rough2
Alrosa Releases 2020 Supply Schedule
Alrosa has published its schedule of contract sales and auctions for next year.The Russian miner has maintained its format of monthly sales under the Alrosa Alliance, its long-term supply program. It will also...
Mining Dec 31, 2019 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
Israel Diamond Week Opens 150
Traders Optimistic at Israel Diamond Week
Sentiment was strong at International Diamond Week in Israelas traders displayed optimism about the market and noted shortages were supporting prices.Visitors observed increased traffic and exhibitor numbersfrom last year, with dealers from...
Polished Markets Feb 08, 2018 Joshua Freedman
Israel Bourse Launches Alibaba Partnership 150
Israel Bourse Strikes Deal with Alibaba
The Israel Diamond Exchange (IDE) will launch a partnershipwith Chinese e-commerce giant Alibaba Group, enabling traders to sell goods onlineto businesses and consumers in global markets.Some 150 bourse members have formed an online store...
Technology Jan 25, 2018 Joshua Freedman
Alrosa Rough
Alrosa to Bring Big Diamonds to Big Apple in 2018
Alrosa will hold 30 auctions of large rough diamonds atlocations around the world in 2018, adding New York to its roster.The events will primarily take place in the major tradingcenters in which Alrosa has sales offices,...
Rough Markets Dec 28, 2017 Rapaport News
Mazalit payment app
Start-Up Gets Funds for Payment App
An Israeli start-up is set to receive up to $1.2 million frominvestors to launch a mobile payment app that will help diamond traders closedeals on the spot, without needing to wait for funds to clear. Mazalit will enable users to finalizepayment...
Financial-Legal Nov 20, 2017 Rapaport News
Alrosa Star of Viluysk
ALROSA Israel Sale Fetches $22M
ALROSA sold $21.8 million of rough and polished diamonds atits tender in Israel in February, a spokesperson for the miner said in an emailto Rapaport News on Wednesday.The company sold 105 items at the event, which took placeduring...
Polished Markets Mar 01, 2017 Rapaport News
International Diamond Week in Israel 2017
Israel Diamond Week Kicks Off
International Diamond Week in Israel (IDWI) opened on Monday,with around 400 buyers and more than 200 exhibitors attending, the IsraelDiamond Exchange (IDE) said. Buyers came from more than 30 countries, according to the bourse.Tuesday...
Polished Markets Feb 14, 2017 Rapaport News
Great Imperial Crown of the Russian Empire replica
1,180ct. Russian Imperial Crown Comes to Israel
The Israel Diamond Exchange (IDE) will host a replica of theGreat Imperial Crown of the Russian Empire embedded with 11,352 polisheddiamonds.The imitation will be displayed at the sixth InternationalDiamond Week in Israel in Ramat Gan from February...
Polished Markets Feb 06, 2017 Rapaport News
Trump Tower
Trump Effect: Diamond Trade Optimistic For 2017
As 2016 draws to a close, Rapaport News took theopportunity to speak with leading industry experts about thepast year and their expectations for the next 12 months. Most agreed 2016 wasa challenging year, to say the...
Polished Markets Dec 29, 2016 Joshua Freedman
GIA Lab
GIA to Hold Grading Course in Israel
The Gemological Institute of America (GIA) will organize adiamond-grading course in Israel from November 13 to 17.The program will be held at the Israel DiamondManufacturers Association’s (IDMA) offices in Ramat Gan, according to theGIA. The GIA said participants...
Polished Markets Sep 04, 2016 Rapaport News
Edi Faltz
Panama Hub Names Faltz as Executive VP
Panama’s WorldJewelry & Diamond Hub appointed veterandiamantaire Edi Faltz as executive vice-president,replacing Joseph Kuzi, who is standing down following a two-year stint.Faltz is also chairman of thehub’s membership and banking committees, as well as owner and chief...
Polished Markets Sep 01, 2016 Rapaport News
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