Polished – wholesale and manufacturing
Sarine Technologies Ltd, a worldwide leader in the development, manufacture and sale of precision technology products for the evaluation, planning, processing, finishing, grading and trade of diamonds and gemstones, is opening its first Allegro™ service center providing automated gemstone planning and shaping services.
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.
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.
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.
Panama Diamond Exchange President Erez Akerman will end his term at the head of Latin America's only WFDB-recognized diamond bourse on October 30.
He will then become managing director of the World Jewelry Hub, and at the same time will be devoted to managing his own company at PDE, Akerman Diamonds.
Reflecting the serious slowdown in the global trade for diamonds, India’s polished exports were down 18.34% and rough imports down 42.9% in July 2015 when compared to the corresponding figures of a year earlier, according to information released by The Gem & Jewellery Export Promotion Council (GJEPC).
New York Diamond Dealers Club President Reuven Kaufman has issued a formal invitation to members of the WFDB to take part in the 3rd annual India Diamond Week on the DDC's Trading Floor from August 24 to 27.
"During the week, exhibitors from India and New York will be offering a wide range of goods," Reuven Kaufman said.
Sotheby’s will offer the Blue Moon Diamond, among the largest known fancy vivid blue diamonds, for sale at its auction of Magnificent Jewels and Noble Jewels in Geneva on November 11.
The Blue Moon Diamond was cut from a 29.62-carat rough blue diamond found Petra Diamonds' Cullinan mine in South Africa in January 2014.
In light of rising numbers of terror attacks, the Israel Diamond Exchange's security system will be operating at an increased level to ensure top security at the exchange's four buildings.
In a statement signed by the IDE's Security Committee Chairman Shalom Papir, the announcement said that rules and regulation relating to the opening of fire by guards and the use of force during a security event have been refreshed.