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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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Israel Bourse Resumes Certain Services
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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...
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Polished Markets
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May 06, 2020
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Rapaport News
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Israel Bourse Offers Two-Month Fee Discount
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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...
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Polished Markets
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Mar 17, 2020
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Rapaport News
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Mumbai Exchange Mulls Lifting Synthetics Ban
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Mumbai’s Bharat Diamond Bourse (BDB) is considering allowingsynthetic-diamond trading on the exchange premises, its president told RapaportNews. Some members have asked management to reconsider its 2015ban on selling lab-grown diamonds anywhere in the BDB’s vast...
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Polished Markets
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Nov 15, 2018
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Joshua Freedman
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Israel Bourse Bans Traders for Synthetics-Swapping
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The Israel Diamond Exchange (IDE) has kicked out two boursemembers it suspects of swapping natural diamonds with synthetics. The traders were allegedly complicit in switching D-color,high-clarity polished diamonds weighing 3 to 5 carats with lab-grown stones,IDE...
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Financial-Legal
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Aug 05, 2018
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Joshua Freedman
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WFDB Asks Ernie Blom to Remain as President
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Ernie Blom is poised to serve another two years as president ofthe World Federation of Diamond Bourses (WFDB), after Yoram Dvash turned downthe role. “The executive of the WFDB at their meeting [in Germany inMarch] asked...
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Polished Markets
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May 16, 2018
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Joshua Freedman
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Shenzhen Rough Exchange Chooses Chairman
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Members of the Shenzhen Rough DiamondExchange (SRDE) have elected its CEO, Wang Ning, as chairman, the organization announcedlast week.Ning (pictured) will serve a renewable two-year termat the SRDE, a trading platform for diamonds, jade...
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Rough Markets
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Aug 14, 2017
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Rapaport News
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Volumes Rise on SDiX Diamond Exchange
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Trading on the Singapore Diamond Investment Exchange (SDiX) jumpedto $6.7 million in August, from the inaugural month of May.Trading grew from $1.1 million in May to $3.1 million inboth June and July, according to a spokesperson for...
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Financial-Legal
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Sep 01, 2016
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Rapaport News
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London Bourse 'Well Placed' to Cope With Brexit
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The London Diamond Bourse (LDB) said it is in a strongposition to face the post-Brexit storm because of its access to a bondedwarehouse enabling duty-free trading but warned of currency headwinds.A bonded warehouse is a facility overseen by customs authorities where imports...
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Polished Markets
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Jul 04, 2016
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Rapaport News
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Canada Bourse Reelects Gavin as President
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The Diamond Bourse of Canada (DBC) elected David Gavin aspresident for a third two-year term. Gavin has served on the DBC board sinceits inception in 2009 and was later treasurer until he first became presidentin...
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Polished Markets
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Jun 30, 2016
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Rapaport News
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Panama Diamond Exchange Gets New Name
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The Panama Diamond Exchange hasbeen renamed the World Jewelry & Diamond Hub, Panama, to reflect a broaderrange of goods being traded in the bourse. “While the trade in diamonds is aprincipal component of the activity at our bourse,...
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Polished Markets
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May 30, 2016
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Rapaport News
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London Diamond Bourse Shakes Up Leadership
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The London Diamond Bourse’s (LDB) management council unanimouslyvoted to create a new position of chairman for outgoing president Harry Levy. Menachem Prager (pictured, right) will take over as president after Levy, an industry veteran of 45 years,...
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Polished Markets
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May 19, 2016
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Rapaport News
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Israel Diamond Exchange Unveils Expansion Plans
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The Israel Diamond Exchange (IDE) is seeking building rightsto expand the bourse complex by creating an additional office tower or addingfloors to existing buildings. IDE management signed an agreement with Yashar Architects whowill plan the new...
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Polished Markets
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May 09, 2016
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Rapaport News
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Marketing
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Jan 20, 2016
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Rapaport News
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Polished Markets
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Jan 14, 2016
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Rapaport News
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IDE Appoints New Board, Committee Chairs
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Yoram Dvash, the new president of the Israel DiamondExchange (IDE), has unveiled a full list of appointments to the bourse’s boardand committees.Yehezkel Blum, formerly vice president of the IDE, is nowexecutive vice president, while Shalom Papir...
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Polished Markets
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Dec 29, 2015
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Rapaport News
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Polished Markets
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Dec 29, 2015
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Rapaport News
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Cayman Islands Diamond Exchange Sought By Local Promoter
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A Cayman Islands jewelry maker is seeking to turn the British territory and tax haven into a North American-focused diamond trading center. The territory’s minimal tax burden, its highly developed international banking infrastructure and...
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Polished Markets
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Jul 13, 2015
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Rapaport News
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WFDB Distinguishes SDX From its Member the DES
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The World Federation of Diamond Bourses (WFDB) sought to clarify that the opening of the Singapore Diamond Exchange (SDX), a platform for private investors to invest in diamonds, should not be mistaken for the Diamond Exchange of Singapore...
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Polished Markets
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Jun 19, 2012
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Jeff Miller
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WFDB Presidents' Meeting Highlights
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Press Release: The 2011 Presidents' Meeting of the World Federation of Diamond Bourses (WFDB) opened April 11 with welcoming speeches by WFDB president Avi Paz; and the meeting's hosts, Ahmed Bin Sulayem, chairman of the...
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Polished Markets
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Apr 13, 2011
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WFDB
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