IDE to Hold Second International Rough Diamond Week
March 29, 15
(IDEX Online News) – The Israel Diamond Exchange (IDE) has announced plans for a second International Rough Diamond Week (IRDW). The event, which will run from April 12-15, will include a series of rough diamond tenders by Alrosa, De Beers Auction Sales, Rio Tinto Diamonds, I Hennig/ Fusion Alternatives and Tzoffey's.
"In 2014, Israel's rough diamond trade passed the $5 billion mark," said IDE deputy president Arnon Juwal, who heads the IRDW organizing committee.
"Our goal for the Israeli diamond industry and trade is to increase significantly rough diamond supplies to our manufacturers.”
IDE president Shmuel Schnitzer said the bourse is consistently and continuously seeking to bring more rough supplies to Israel and that events such as the IRDW are one of the tools the industry is using to attract rough diamond producers and suppliers to the country.
“I have no doubt that via these initiatives and other efforts, we strengthen Israel's position as the world's most versatile and dynamic diamond trading hub. Rough diamond trading is an essential component of our industry's vitality," he said.