Headlines

Sierra Leone President Visits Israel Diamond Exchange

Israel Diamond Exchange (IDE) President Yoram Dvash and bourse management hosted the President of Sierra Leone, Ernest Bai Koroma and an entourage of ministers at the exchange.

The IDE's CEO, Eli Avidar, welcomed the president, his ministers.

The Ongoing Impact on the Diamond Market of Indian Demonetisation

By Richard Chetwode, industry consultant at Dfin, London/New York-based diamond industry financing specialists.

For the last three years, the diamond industry as a whole has had to re-adjust to a continuing withdrawal in bank funding to the middle of the pipeline, just as the double-digit demand growth in China and India came to an abrupt end. But against that, the largest market, the US, has continued to grow and the industry was in a reasonably good condition.

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.