News

News

IDE Import-Export Office Advertises for Graders
The final date for submitting applications is 12 noon on January 30, 2014.
US Shopper Traffic Plunges in Week Before Christmas
Atrocious weather conditions that hit many parts of the United States seen as keeping shoppers at home
Hong Kong's Polished Diamond Imports Up 15%
Hong Kong is an important gateway to the Chinese market for the Israeli diamond industry
IDE Raising Money For Handicapped Children
The Israel Diamond Exchange is continuing its efforts for the organization as part of its overall framework of assistance to charities and other bodies
Antwerp Diamond Bank Being Sold to Yinren Group of China
China’s Yinren Group is buying the Antwerp Diamond Bank (ADB), one of the diamond industry’s main financiers, especially for the Belgian trade, by its owner, the KBC financial group, to the Yinren Group of China.
Scientists Say Kimberlite Discovered in Antartica
Scientists say that kimberlite, the material in which diamonds are sometimes found, has been discovered in Antarctica.
Alrosa to Increase Output to 36 Million Carats in 2014
Russia’s Alrosa is aiming for output of in excess of 36 million carats this year – around two million carats more than the 34.4 million carats in 2012 – according to initial estimates.
US Holiday Shoppers Rush Online to Complete Shopping
In an encouraging note for the diamond and jewelry industry, 17.5 percent said that they would buy jewelry as Christmas gifts
US Jewelry Sales Rose 5.5% in October
Cyber Monday sales on December 2 rose 10% on the year to $1.4 billion.
U.S. Online Sales Jump 9% at Start of Holiday Season
U.S. online retail spending from desktop computers rose 9 percent on the year to $31.5 billion for November 1 to December 9, according to sales tracking firm comScore.
More Retail Visitors at Future Shows, Says Kaufman
Diamond Dealers Club of New York President Reuven Kaufman said the second Israel Diamond Week in November had been much bigger and with many more buyers and sellers than the first event held a year before.
IDE Members Testify to Success of Israel Diamond Week
The success of the recent Israel Diamond Week at the Diamond Dealers Club (DDC) of New York was testified to by a range of Israeli traders as well as Israel Diamond Exchange President Shmuel Schnitzer.