Business / Industry Sectors
Israel to host international diamond week in September
09/07/2014
The Israel Diamond Exchange will present a platform to diamond buyers from all over the world to display, offer and buy more than $1 billion worth of diamonds.

The Israel Diamond Exchange (IDE) will once again be hosting many hundreds of diamantaires and diamond buyers during the summer edition of the four-day International Diamond Week, during which diamond dealers from Israel, India, Belgium, the United States, among other countries, will come together on the IDE trading floor, with more than $1 billion worth of goods on display and offered for sale. The event is scheduled for September 1-4, 2014.

 

"Some two years after the IDE first introduced the concept of the International Diamond Week, we have seen this event mature and become an important inter-bourse diamond trading event," said Mr. Shmuel Schnitzer, IDE President.

 

"By bringing a large number of our own members onto the trading floor, joined by a good number of members of the Antwerp Diamond Bourse (Beurs voor Diamanthandel) and the Diamond Dealers Club of New York (DDC-NY), we're creating a unique, temporary diamond trading platform, where the participating diamantaires buy, sell and network. We know from experience how valuable these event are and we're particularly excited that members of the Antwerp Diamond Bourse are joining us for the first time."

 

According to Mr. Marcel Pruwer, President of Antwerp Diamond Bourse, "the Bourses are clearly on the move and the new collective dynamic will be a significant game-changer in the diamond and jewelry industry. More value will be created, more opportunity, more liquidity, a far bigger playing field and better margins and profitability for all stakeholders in the global diamond trade."

 

Source: Diamond Intelligence

 

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