IDE to host International Diamond Week in Israel in March

The event will begin several customized diamond buying opportunities organised by IDE this year
IDE to host International Diamond Week in Israel in March

The Israel Diamond Exchange (IDE) is hosting the "International Diamond Week in Israel (IDWI)," the third week of March, at the Israel Diamond Exchange. “The IDWI in March is the first out of several customized diamond buying opportunities IDE will be organizing in 2013 with the specific aim to lower the threshold and attract diamond buyers to Israel," said IDE president Yair Sahar.

The IDWI is a customized rough and polished diamond sales eventand the one in March follows the success of the "Israel Diamond Week" held in December in New York. "The IDE initially will be inviting members of the DDC NY and other American diamond industry and trade organizations. These include members of the diamond bourses in Miami and Los Angeles, and of the Diamond Manufacturers and Importers Association of America," Sahar said. He also noted that the exchange would also welcome diamond dealers who hold membership of other bourses affiliated to the World Federation of Diamond Bourses (WFDB) and of other accredited diamond organizations worldwide.

Following the IDWI will be the Passover event when Jewish traders visit to Israel. From early March and onward, three different companies will stage diamond tenders at the exchange - Alrosa will hold a rough diamond tender for stones of 10.8 carats and larger. I. Hennig & Co. Ltd., along with partner Fusion Alternatives Tenders will host a rough diamond tender, so also will Ediamonds, will also hold a tender. The Israeli-French auction house, Tzoffey's 1818, will stage an exclusive auction for special loose diamonds and diamond jewelry pieces. In addition, international industry commentators and analysts will be giving presentations on the industry's burning issues.

" This multi-facetted platform will be a great opportunity for foreign and Israel diamantaires to network and do business." Sahar concluded.


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