As per the data released last week by the diamond controller, Shmuel Mordechai at the Trade and Labour Ministry, Israel there was a 58.3% drop in the export of polished diamonds compared to the same period last year. For full story, click here
Continue reading "1H Diamond Exports have dipped 58%"
Wednesday, May 27, 2009
The Chairman of the Israel Diamond institute and President of IDMA, Moti Ganz announced that it has hosted Israel’s new Minister of Industry, Trade and Labor Binyamin Ben-Eliezer during his first visit to Israel’s Diamond Industry yesterday. For full story, click here
Wednesday, May 20, 2009
The Israel Diamond Institute Group of Companies has launched a groundbreaking Russian version of the Israeli Diamond Industry Portal, the definitive B2B website for the Israel trade. The site was presented at a press conference by Avraham Traub, Chairman of the IDI Finance Committee and Honorary President of the Israel Diamond Manufacturers Association. For full [...]
Continue reading "Israel Diamond Institute launched diamond portal in Russian"
Monday, April 13, 2009
As per IsraelNN.com, Israel was the world’s leading supplier of polished diamonds in February. For full story, click here
Continue reading "Israel becomes leading world supplier of polished diamonds"
Wednesday, April 1, 2009
A new strategic marketing program known as Together Works, designed to give jewelers round-the-clock access to Israeli diamonds, kicked off at the Israel Diamond Institute annual press event at BaselWorld on Friday. For full story, click here
Continue reading "New IDI program offered Israeli diamonds"
Friday, March 27, 2009
The Israel Diamond Institute Group of Companies unveiled that it has promoted Orna Chait as its Deputy Managing Director and Chief Information Officer, entrusting her with the portfolio of managing the Information Technology and online services of the IDI Group of Companies. For full story, click here
Continue reading "Orna Chait appointed By IDI to manage its IT functions"
Wednesday, March 18, 2009
While the full impact of the global financial meltdown remains unknown, the Israel Ministry of Industry, Trade and Labor released data for 2008 showing sharp declines in diamond sales. The Israel Diamond Exchange president Avi Paz said: The downturn in the economy in the world affected diamonds like it affected everybody. For full story, click [...]
Continue reading "Israeli diamond industry hit by financial slump"
Wednesday, January 21, 2009
As economic turmoil spread around the globe in ‘08, the diamond industry lost some of its brilliance. The industry was doing well until about September, then diamond prices and sales went on a steep descent. Diamond prices are down about one-third since their high last August
Continue reading "Around the globe, diamond exports drop"
Wednesday, January 7, 2009
When 2008 started off, the world’s mining industry was in the mist of a boom, with never before seen prices being fetched for most of the metals, and miners raking in profits. With the way 2008 came to a close, it is hard to imagine that this was the scene just months earlier.
Continue reading "In ’08, diamonds lost their luster"
Tuesday, September 16, 2008
The Diamond industry is heading to Hong Kong with high hopes that strong Far East demand will sustain high price levels. The diamond industry concerned that economic hardships in the US will dampen holiday jewelery demand, as Christmas is when jewelers realize the majority of their annual sales.
Continue reading "Diamond industry look outside the US for market support"
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Tuesday, July 14, 2009