WFDB president welcomes DTC initiative

January 22, 2009: WFDB President Avi Paz has welcomed the initiative of the Diamond Trading Company (DTC), the rough diamond selling arm of De Beers, to explore options of making available to the secondary market rough goods that are not taken up by DTC sightholders.

WFDB calls on bourse members to maintain long-term market perspective

January 8, 2009: With initial reports from the major markets indicating that consumer spending during the 2009 holiday season had fallen at some of their steepest rates in past four decades, the World Federation of Diamond Bourses (WFDB) is urging members of its 28 affiliated bourses to maintain confidence in the long-term prospects for diamonds and diamond jewellery.

WFDB launches new website at ‘www.wfdb.com’

January 8, 2009: The World Federation of Diamond Bourses (WFDB) has launched a dramatically upgraded website, which, for the first time since the federation established an Internet presence almost a decade ago, is located at www.wfdb.com. To date the WFDB website has been located at www.worldfed.com.

WFDB congratulates Israel Diamond Exchange on 70th anniversary

November 19, 2008: Michael Vaughan, Secretary-General and Executive Director of the World Federation of Diamond Bourses (WFDB), sent a congratulatory message today to the Israel Diamond Exchange in Ramat Gan, Israel, on occasion of the 70th Anniversary of the bourse.

WFDB president calls on international diamond and jewellery industry to create a single, joint promotion and marketing body for diamonds

November 18, 2008 - Avi Paz, President of the World Federation of Diamond Bourses (WFDB) called on the key players operating in the global diamond and jewellery business to come together and act in unison in an effort to launch a single body dedicated to  advancing consumer confidence in diamonds as well as the promotion and marketing of diamonds to the international jewellery consumer markets.

WFDB president applauds statement made by India's GJEPC

October 30, 2008:  Avi Paz, president of the World Federation of Diamond Bourses (WFDB), said today he applauds the statement issued by India's Gems and Jewellery Exports Promotion Council (GJEPC) regarding the need to reduce rough supply to the market during the coming few weeks.

WFDB president calls on producers to reduce rough supply

October 12, 2008: In view of the global economic crisis, Avi Paz, president of the World Federation of Diamond Bourses (WFDB), has appealed to diamond mining companies to reduce the quota of rough diamonds they supply to the industry for marketing worldwide.