Headlines

Dubai highlights its growing role in rough and polished diamond trading at opening session of WFDB 2011 Presidents' Meeting

April 13, 2011: The 2011 Presidents' Meeting of the World Federation of Diamond Bourses (WFDB) officially opened yesterday with welcoming speeches by WFDB President Avi Paz; and the meeting's hosts, Ahmed Bin Sulayem, Chairman of the Dubai Multi Commodities Center (DMCC), and Peter Meeus (Meeus speech), Chairman of the Dubai Diamond Exchange (DDE). The opening event was preceded by eulogies for the late Freddy Hager (Hager announcement) delivered by Avi Paz (Paz eulogy), WFDB Honorary President Shmuel Schnitzer (Schnitzer eulogy) and Moshe Mosbacher, president of the Diamond Dealers Club of New York (Mosbacher eulogy). Participants observed one minute of silence in honour of Hager. WFDB Secretary General Michael H. Vaughan also asked members to sign a condolences book that had been prepared (Vaughan eulogy).

WFDB Presidents' Meeting begins in Dubai

April 11, 2011: The 2011 Presidents' Meeting of the World Federation of Diamond Bourses (WFDB) began on Monday with meetings of the Trade and Promotion, Judicial and Executive Committees.

WFDB expresses deep sorrow over sudden death of Freddy Hager, WFDB Deputy Treasurer General and London Diamond Bourse President

April 7, 2011: The World Federation of Diamond Bourses has received with shock and deep sorrow the news that Freddy Hager, WFDB Deputy Treasurer General and the President of the London Diamond Bourse, died suddenly at his home in London this morning.

Senior African figures to address 2011 WFDB Presidents Meeting

March 10, 2011: Former president of South Africa, Thabo Mbeki, and Kimberley Process Chair Mathieu Yamba of the Democratic Republic of Congo, will be guests of honor at the World Federation of Diamond Bourses (WFDB) 2011 Presidents' Meeting. They will address the Gala Dinner of the Presidents' Meeting which takes place April 11-13 at the Jumeirah Meydan Hotel in Dubai.

WFDB calls on members to heed warnings issued by KP Chair on possible re-emergence of conflict diamonds in Côte d'Ivoire

February 17, 2011: The World Federation of Diamond Bourses (WFDB) distributed a letter, written by Mathieu Yamba, Chair of the Kimberley Process, to all of its 29 members, to draw attention to what Yamba called "the situation in Côte d'Ivoire which is a cause for concern for the Kimberley Process in consideration of the risk of re-emergence of conflict diamonds in Côte d'Ivoire and an increase in rough diamond smuggling throughout West Africa." A copy of the letter can be downloaded here in French and in English.

Dedicated website of the 2011 WFDB Presidents Meeting goes live, registration now available

February 2, 2011: The World Federation of Diamond Bourses (WFDB) announced today the launch of a dedicated website for the 2011 WFDB Presidents' Meeting. In addition, registration has opened for the event which will take place April 11-13 at the Jumeirah Meydan Hotel in Dubai and to be hosted by the Dubai Multi Commodities Centre (DMCC) and the Dubai Diamond Exchange (DDE).

Exclusive WFDB @wfdb.com email addresses
to be offered to members of all WFDB affiliated bourses

December 21, 2010: Members of the 29 diamond exchanges affiliated to the WFDB will soon have the opportunity to receive their own, exclusive email address – This email address is being protected from spambots. You need JavaScript enabled to view it. – and thus be recognized as one of the 12,000 diamantaires who hold bourse membership. The move is the result of the cancelation of the email addresses that were still active on the worldfed.com domain, and the upgrading of the server of the WFDB.com domain, including the introduction and operation of a dedicated email server that will be able to carry and service thousands of email addresses.

WFDB Vice President Ernest Blom issues categorical denial over claims of trading in rough diamonds from Zimbabwe's Marange deposits

December 14, 2010: World Federation of Diamond Bourses (WFDB) President Avi Paz has moved to clarify claims published on WikiLeaks that WFDB Vice President Ernest Blom dealt in rough diamonds from Chiadzwa in the Marange area of Zimbabwe. The claims were made in a cable sent in November 2008 by James McGee, the US ambassador to Zimbabwe, in which he quoted a third party, Andrew Cranswick, as making the accusations against Blom.