News

Israel's diamond business community bows its head in memory of Nelson Mandela, an inspiring leader and a moral compass, and salutes the legacy he left behind, the Rainbow Nation of South Africa.

Botswana company, First Element Bvba, will be staging the first tender of diamonds from Zimbabwe in Antwerp later this week.

The issue has become topical recently following the mixing of undisclosed small diamonds in parcels of melee stones.

The issue of undisclosed synthetic stones being mixed in with parcels of natural diamonds has caused growing concern in the global diamond industry in recent months

The Gemological Institute of America (GIA) will be issuing reports in a new format starting on January 1, 2014.

The issue of synthetic diamonds has become topical recently following the mixing of undisclosed small diamonds in parcels of melee stones.

The IDE is heavily involved in community involvement and continues the tradition of giving at Hanukkah; President of the diamond exchange president Shmuel Schnitzer: "The Festival of Lights is a great opportunity to light up the faces of children."

Israeli entrepreneurs in China or exporters to the Asian superpower will be able to receive credit for whole deals signed for 5-15 years with state guarantees from the state foreign trade risk insurance company.

Israel's Ambassador to the United Nations, Ron Prosor, was guest speaker at the recent Israel Diamond Week at the Diamond Dealers Club (DDC) of New York.

Receiving honorary membership of the Diamond Dealers Club (DDC) of New York, the President of the Israel Diamond Exchange (IDE), Shmuel Schnitzer paid tribute to the board and management of the IDE for creating the Israel Diamond Week last month at the DDC.

With the critical holiday season underway in the United States, online sales monitoring firms have started releasing information about sales levels.

Israel Diamond Exchange President Shmuel Schnitzer: "We have the honor of hosting the Mayor of Ramat Gan Yisrael Zinger. We know his capabilities and are certain that he will continue the warm relationship that has long existed between Ramat Gan and the diamond bourse."