Headlines

Sierra Leone President, Ministers Visit Israel Exchange

Israel Diamond Exchange (IDE) President Yoram Dvash and bourse management hosted the President of Sierra Leone, Ernest Bai Koroma, his officials, staff of the Israeli Foreign Ministry and Israel's Ambassador in Sierra Leone at the exchange.

Ernest Bai Koroma, President of the Republic of Sierra Leone, visited the exchange as part of an official visit to Israel. The IDE President, Yoram Dvash, and IDE Board members hosted Ernest Bai Koroma in the Conference Room of the IDE.

WFDB Bourse Members Invited to Participate in 8th BrilliAnt Fair

WFDB-affiliated bourse members are being invited to participate in the 8th BrilliAnt - Antwerp Diamond Trade Fair taking place from January 29-31.

The event will again be held in the trading halls of the Antwerp Diamond Bourse and the Diamond Club of Antwerp. The Fair is a joint initiative of the Bourse, Club and the Antwerp Diamond Kring, and is powered by the Antwerp World Diamond Centre (AWDC).

London Diamond Bourse Holding Open Day Event

The London Diamond Bourse (LDB) will hold its next Open Day event on January 23.

The LDB's Chief Operating Officer, Victoria McKay, said, “Members of the London Diamond Bourse are able to service the day-to-day sourcing requirements of the jewelry industry.

Registration for International Diamond Week Outstrips Expectations

The sixth International Diamond Week in Israel (IDWI), to be held from February 13 to 16, is generating great interest among buyers internationally, with registration proceeding at a record pace.

According to the Israel Diamond Exchange (IDE) which is organizing the event, the number of registered buyers is expected to exceed previous attendance records by several hundreds.

Authentication in Art Magazine Interviews Louise Prior

Following WFDB Executive Director Louise Prior's lecture to a meeting of the Art Business Conference in London, she was interviewed by the Authentication in Art Magazine.

Hatton Garden Under Threat From Brexit, Soaring Rates and Rent Hikes

London’s world famous jewellery quarter could face extinction due to soaring business rates, rent rises and the aftermath of Brexit, Britain's Independent newspaper reported.

"Hatton Garden was the centre of the world's diamond market, but traders are fighting to bring back the glory days, as they are squeezed by rising rents and the uncertainty created by the UK vote to leave the EU. Half of businesses see the UK as the worst place to invest and create jobs.

Israel Diamond Industry Reaches Agreement with Tax Authority

After months of intensive negotiations, the Israeli diamond industry has finalized the terms of an agreement with the Israeli Tax Authority.

The boards of directors of the Israel Diamond Exchange (IDE) and the Israel Diamond Manufacturers Association (IsDMA) unanimously ratified the agreement on Sunday, while a special assembly of IDE members also endorsed the new arrangement.

Israel Gearing for Diamond Market Recovery

Israel’s diamond industry has undertaken several initiatives this year to lift the level of trading, and morale, in an otherwise challenging market environment. A year into his role as president of the Israel Diamond Exchange (IDE), Yoram Dvash is confident the right platform is being built to strengthen the country’s position as a leading diamond center. He spoke with Rapaport News on the anniversary of his election to outline IDE’s strategy and program to stimulate growth in the coming years.