The Israel Diamond Exchange (IDE) will hold its first tender of Israeli goods during the International Diamond Week in Israel (IDWI). The tender will take place from January 27 – 31, 2019 and will be held at IDE’s International Tender Center. It will consist of a wide and varied array of polished goods offered by IDE members, with a total value of over $10 million. KOIN International will manage the tender.

Since opening the International Tender Center in February 2017, IDE has become a hub for rough and polished tenders held by major international companies, with dozens of tenders held each year. This will be the first time that IDE itself will be holding a tender.

According to IDE, a tender of this type will open up new markets to varied goods offered by Israeli diamond companies. IDWI, which attracts hundreds of buyers from around the world, is an excellent opportunity for these goods to be offered to a large and diverse group of buyers. The IDE tender was initiated by Zvi Zamir, Chairman of the International Tender Center and IDE’s Trade and Rough Diamond Committee to answer the needs of local diamantaires.