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.

Koin International to Hold First Polished Diamond Tender in Israel at IDWI

Koin International Diamond Tenders will hold its first tender in Israel during the February 13-16 International Diamond Week in cooperation with the new International Tender Center at the Israeli bourse. Koin specializes in tenders of rough and polished diamonds.

Israel Diamond Week to Include Eight Tenders of Polished and Rough Diamonds

The sixth International Diamond Week in Israel (IDWI) from February 13-16 will feature eight tenders of rough and polished diamonds by major diamond producers and suppliers.

The tenders will take place under the auspices of the Israel Diamond Exchange (IDE) International Tender Center, which will be officially launched during the event.

'BrilliAnt', 8th Edition of Antwerp Diamond Trade Fair, Going International

BrilliAnt - the Antwerp Diamond Trade Fair - and the World Federation of Diamond Bourses (WFDB) will be supporting a new 'InterBourse' Pavilion, at the 8th edition of BrilliAnt, the Antwerp Diamond Trade Fair (ADTF), to be held January 29-31, 2017.

The fair will take place in the trading halls of the Antwerp Diamond Bourse, the Diamond Club of Antwerp, and the Antwerp Diamant Kring.

Amsterdam Bourse's Ed Blik Receives Top City Award As He Steps Downs After 33 Years

During the Annual General Meeting of the Vereniging Beurs voor den Diamanthandel, the chairman Ed L. Blik was presented with the Andreas medal by Muriël Dalgliesh, chair of the executive board of city district Amsterdam South-East.

After 33 years of chairmanship, Ed L. Blik handed over the gavel to Benno Leeser, director/owner of Gassan Diamonds.

Sixth International Diamond Week to be ‘Bigger and Better’ – IDE

The sixth edition of the International Diamond Week in Israel (IDWI), to be held from February 13 to 16, will be bigger and include new features, special guests and free attractions, said the Israel Diamond Exchange (IDE).

The IDE say that a major attraction will be the important international tenders of rough and polished diamonds that will be held during IDWI.

Partnership Africa Canada: Cameroon 'Allowing Conflict Diamonds Into CAR

Conflict diamonds from the Central African Republic are being moved into neighboring Cameroon and into the legal supply chain due to poor controls, smuggling and corruption, Partnership Africa Canada said in a report.

From Conflict to Illicit: Mapping the Diamond Trade from Central African Republic to Cameroon, investigates the failure of Cameroon's implementation of the Kimberley Process which is meant to stop the trade of conflict diamonds. The report comes on the eve of the Kimberley Process Review Visit to Cameroon which evaluates the country's implementation of internal controls that govern diamond production and trade, the report says.