Polished – wholesale and manufacturing

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The Israeli diamond industry will again be out in force at the Hong Kong International Jewelry Manufacturers’ Show, to be held November 26 - 29 at the Hong Kong Convention & Exhibition Centre.

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New York's Diamond Dealers Club (DDC) has launched a new initiative to widen its arbitration program in a bid to increase the security of diamond and jewelry deals.

For the first time, by putting an acceptable arbitration clause into their memos, invoices, or on their letterhead, DDC members will be able to use DDC arbitration to resolve disputes about transactions with non-members.

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The Israel Diamond Exchange (IDE) announced that registration for the summer edition (August 31-September 4) of the International Diamond Week in Israel (IDWI) is now open.

Registered - and confirmed - buyers will be offered three free nights in the IDWI venue hotel.

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The Diamond Producers Association aims to support the development of the diamond sector.

Seven of the world’s leading diamond mining companies are to form a new body called the Diamond Producers Association (DPA).

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The World Diamond Mark Foundation (WDMF) said it was very pleased with the outcome of the meeting held by a number of the major producers - as reported by Bloomberg News - who met in London to discuss diamond marketing, industry research and the threat to consumer confidence from undisclosed synthetic stones entering the market.

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Another cutting and polishing company in Botswana, Diacore, has made employees redundant, cutting 50 positions, taking the total number of workers made jobless in the industry to around 1,000 in the past year.

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A day before the September 3-5 Eastern Economic Forum (EEF) opened in Vladivostok, leading diamond industry figures met in the eastern harbor city of the Russian Federation on September 2.

For one day, they discussed diamond marketing and promotion, assessed the threat of the synthetic diamond industry and contemplated financing and investment opportunities in the diamond industry.

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Black glass walls and huge screens behind them screening videos is part of a new Center that will certainly leave a strong impression on visitors entering the Diamond Tower.

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India's exports of cut and polished diamonds during the second half of fiscal year 2016 fell by 13.8% to $10.4 billion from $12.1 billion last year.

Meanwhile, imports of rough plunged by 26% to $6.95 billion from $9.4 billion last year, indicating the decision by Indian manufacturers to slash production due to the high price of rough goods.

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One hundred Israeli diamond firms will be offering goods to their colleagues at the Diamond Dealers Club of New York (DDCNY) with an unparalleled collection of polished diamonds at the fourth edition of the Israel Diamond Week in New York that will be held on the trading floor of the DDCNY, at 580 Fifth Avenue in midtown Manhattan, October 19-22.

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