According to reports, Avi Paz has been re-elected as the president of the Israel Diamond Exchange (IDE) for a second term.

Paz whose performance in the last term was outstanding has promised to keep up the work such as attracting new foreign companies and increasing Israeli rough diamond imports.

The newly elected IDE board of directors included: Yair Sahar, Yehuda Sayag, Ben Zion Shasho, Estie Wertheimer, Ilan Samuel, Moti Ganz, Moti Fluk, Yosef Siani, Jacob (Cobi) Korn, Itzhak Cohen, Hagai Halevi, Yehezkel Blum, Ishai Topel, Eli Shiri, Rafi Yerushalmi and Nissan Chen.