Membership of the Israel Diamond Exchange (IDE) is shrinking for the first time since it was founded in 1937. The vast complex of four interconnected towers in Ramat Gan has around 3,200 members. But the number who die or retire now outweighs those joining, according to IDE president Nissim Zuaretz. “In the good years of […]

The post Israel Diamond Exchange Membership Shrinks appeared first on The Jewelry Magazine.

Petra Diamonds has appointed Varda Shine, Senior Independent Director, as Chair of Petra with effect from the conclusion of its Annual General Meeting in mid-November. The previous Chairman Peter Hill CBE retired from the Board and decided not to offer himself for re-election. Shine, who has been a Non-Executive Director of Petra since 2018, will […]

The post Varda Shine, Former De Beers Senior Exec, Named Interim Chair Of Petra Diamonds appeared first on The Jewelry Magazine.

The Israel Diamond Exchange (IDE) yesterday (30 October) released a video calling on the industry to stand united with Israel in the wake of the Hamas massacre that claimed over 1,400 lives. The terror attack of October 7 was not only an attack on Israel, says IDE, but also on the shared values on which […]

The post Stand With Us, Says Israel Diamond Exchange appeared first on The Jewelry Magazine.

Israel’s diamond trade suffered another blow in August, with rough imports down 69 per cent year-on-year and rough exports down by 80 per cent. The figures were significantly worse than July, when imports and exports fell by 46 per cent and 44 per cent respectively. Israel imported a total of 314,371 carats, at a cost […]

The post Another Blow for Israel’s Diamond Trade appeared first on The Jewelry Magazine.

Israel’s trade in rough diamonds has halved during the first half of this year, according to new government figures. Net imports were down 45 per cent compared with H1 2022 to $555m and net exports fell 54 per cent to $444m. Trade in polished goods has also been hit by the global slowdown, but not […]

The post Israel’s Rough Diamond Trade Halved by Slowdown appeared first on The Jewelry Magazine.

The Israel Diamond Exchange is organising its first full week of diamond-related events in three years in 2023. The Israel International Diamond Week is scheduled from 27th to 30th March, 2023, and will include a professional conference, an international exhibition and the World Diamond Congress. The first Israel Diamond Conference on 27th March, 2023 will […]

The post Israel To Host First Full-Scale Intl. Diamond Week Since Covid appeared first on The Jewelry Magazine.

Tariffs on most diamonds and jewelry exports from Israel to the United Arab Emirates will be abolished as the two countries establish closer ties. A free trade agreement signed on Tuesday will further boost trade links between the two countries. Business has flourished since it was officially sanctioned by the Abraham Accords of August 2020. […]

The post Free Trade Deal Axes Tariffs on Israel’s Diamond Exports to UAE appeared first on The Jewelry Magazine.

Ramat Gan, Israel, February, 2021: After a tense election campaign, which included a second round of voting, Boaz Moldawsky was declared today the new President of the Israel Diamond Exchange (IDE). Boaz Moldawsky, a second-generation diamantaire, whose family was among the founders of the Israeli diamond industry, is the joint CEO of the Moldawsky Group. […]

The post Boaz Moldawsky Elected President of the Israel Diamond Exchange appeared first on The Jewelry Magazine.

The Israel Diamond Exchange opened its Trading Floor once again on Sunday May 24, 2020, and declared a return to “normal” activity after being closed for two months due to a lockdown being declared by the Government. However, the Exchange said that from now on, the trading floor “will operate under a new format, in […]

The post Israel Diamond Exchange Gets Back to Business appeared first on The Jewelry Magazine.

The Presidents Meeting of the World Federation of Diamond Bourses (WFDB) and International Diamond Manufacturers Association (IDMA), scheduled for September 24-25 in Dubai, will take “an in-depth look at the issue of synthetic diamonds, according to Rough & Polished. The Presidents Meeting will hold a panel on synthetics featuring industry experts. Ernie Blom, President of […]

The post Presidents meeting in Dubai set to tackle lab-grown diamonds appeared first on The Jewelry Magazine.