News

News

Shekel Stronger After Bk of Israel Keeps Rate Unchanged
The central bank decided to leave its key interest rate unchanged at 0.1%.
IDE Urges WFDB Members to Attend Winter Diamond Wk

Preliminary registrations indicate that the concept and format of the International Diamond Week in Israel is catching on.

Lucara Makes History With 1,111 Carat Diamond
A conference call will be held later today (Thursday) by the company to discuss the recovery.
Antwerp Court Jails 4 Traders In Certification Fraud Case
Ari Epstein, CEO of AWDC, said it was important that the court gave an appropriate punishment.
Luk Fook Warns Of 40% Drop In Profits In Fiscal H1
Luk Fook, which posted first-half profit of $103.82 million last year, is due to announce earnings on November 26.
Blue Moon Sold by Ehud Laniado's Cora International for $48.5 Million
The diamond was displayed at the Israel Diamond Exchange's rough diamond week.
16 Ct Fancy Vivid Pink Sells For World Record Price
The Magnificent Jewels sale generated sales of $109.5 million, selling 80 percent by lot and 86 percent by value.
U.S. Imports Of Polished Stones Fell 23% in September
Regarding exports of polished diamonds, they fell 17 percent to $1.5 billion.
New Initiative By DDC Aims To Safeguard Transactions
The move aims to increase the security of diamond and jewelry transactions, the DDC said in a statement.
Botswana's Rough Exports Dropped 41% In Third Quarter
Exports for the first nine months of this year dropped 23 percent on the year to $2.3 billion.
U.S. Jewelry Store Closures Up But New Stores Open
Hundreds of new store openings despite many more closing.
Israeli Diamond Pavilion at HKJMA to Host 27 Firms
Asia is Israel’s second largest market for polished diamonds, accounting for about 30% of its total exports.