Polished – wholesale and manufacturing
A new program aimed at helping diamond and gemstone buyers, sellers and tradeshow organizers work efficiently called EasyShow is set to be launched.
The GIA plans to open a laboratory in Surat, India, and expand its long-term presence in Antwerp in the second quarter of this year, as it aims to meet the needs of the global gem and jewelry industry.
The GIA announced that it has premises in both locations.
The Israel Diamond Exchange (IDE) reports that hotel rooms for participating buyers are rapidly running out for the 7th International Diamond Week in Israel (IDWI).
Consequently, people registering late for the event will not be guaranteed free hotel accommodations, the IDE added.
Bain & Company’s seventh annual Global Diamond Report says rough diamond players will likely raise their marketing spending by around 50 percent over previous years to promote diamonds.
De Beers' International Institute of Diamond Grading and Research (IIDGR) unit has launched what it says is the industry’s first synthetic screening device for set jewelry, with the SYNTHdetect machine now available for delivery.
The Dubai Diamond Exchange (DDE), a DMCC (Dubai Multi Commodities Centre) platform, is all set to tackle the debate on ‘How diamonds fit in the new era of millennials’ with moderators Dr T.B. (Mac) McClelland Jr., President & CEO - Middle East, The Luxury Marketing Council; and Tim Dabson, Former De Beers Executive at the helm.
An an in-depth discussion on “The introduction of Goods and Services Tax (GST) on wholesale diamond trading” will be held at the Dubai Diamond Exchange (DDE) on October 17 as part of Day 2 of the Dubai Diamond Conference.
The moderators will be DDE Chairman Peter Meeus and former De Beers executive Tim Dabson. The subject has caused widespread industry debate in India and the UAE.
Andrey Zharkov, the Alrosa President, will be a guest of honor of the International Diamond Week in Israel (IDWI) being held February 13-16, 2017, at the Israel Diamond Exchange (IDE.)
The visit is also timed to coincide with the opening of the IDE International Tender Center, which will house tenders of rough and polished diamonds by major rough producers and diamond traders, the IDE said.
More than 20,000 diamond workers from small diamond plants are jobless as their employers have not reopened their businesses following the Diwali vacation due to the effects of demonetization, The Times of India reported.
Mark Gershburg, the CEO and founder of Gemological Science International (GSI), has announced that he will no longer be a director of the U.S. Kimberley Process Authority (USKPA).
The USKPA is a trade association that works closely with the U.S. government to prevent the infiltration of conflict diamonds into legitimate trade.