Diamond leaders push 'value' message
New York--With the retail industry already taking a hit amid declining consumer confidence, two diamond industry leaders released statements this week calling on the industry to emphasize the...
Diamond leaders push 'value' message
New York—With the retail industry already taking a hit amid declining consumer confidence, two diamond industry leaders released statements this week calling on the industry to emphasize the...
WFDB president calls for diamond-supply reduction
Antwerp, Belgium--In light of the current global economic crisis, World Federation of Diamond Bourses (WFDB) President Avi Paz is asking diamond miners to cut back on the amount of rough diamonds...
WFDB president calls for diamond-supply reduction
Antwerp, Belgium—In light of the current global economic crisis, World Federation of Diamond Bourses (WFDB) President Avi Paz is asking diamond miners to cut back on the amount of rough...
Paz IDE president for second term
Ramat Gan, Israel—The Israel Diamond Exchange (IDE) elected Avi Paz as president for a second term during its 58th Annual General Meeting. He was the sole candidate for the position.
WFDB to discuss how best to serve Asian members
Antwerp, Belgium--World Federation of Diamond Bourses (WFDB) President Avi Paz has invited the leadership of all WFDB-affiliated bourses in Asia to a summit meeting in Hong Kong on Jan. 7.
WFDB warns of conflict diamonds from Zimbabwe
Antwerp, Belgium--The World Federation of Diamond Bourses (WFDB) is asking all 28 member bourses to avoid trade, either directly or indirectly, with diamonds originating from the Marange deposits in...
IDE's Paz new WFDB president
Shanghai, China—Israel Diamond Exchange (IDE) President Avi Paz is the new president of the World Federation of Diamond Bourses (WFDB), succeeding South Africa's Ernest Blom.
WFDB calls for boycott of Venezuelan diamonds
Antwerp, Belgium—The head of the World Federation of Diamond Bourses (WFDB) is calling on its 29 member bourses to avoid trading, directly or indirectly, in diamonds from Venezuela.
WFDB supports G8 on partnerships to counter terrorism
Antwerp, Belgium—The World Federation of Diamond Bourses (WFDB) announced it supports the strategy proposed last month at the G8 Summit's Global Forum for Partnership between States and...
WFDB Hong Kong meeting postponed
Ramat Gan, Israel--The meeting of the World Federation of Diamond Bourses (WFDB) slated to take place today in Hong Kong has been postponed due to the ongoing conflict in Israel, the WFDB has...
New system snuffs out synthetics
Jerusalem—The Israel Diamond Exchange (IDE) and the European Gemological Laboratory (EGL) are using a new system that can detect synthetic diamonds.
WFDB: Maintain confidence in diamond industry
Antwerp, Belgium--The World Federation of Diamond Bourses (WFDB) is urging its members to maintain confidence in the long-term prospects for the diamond industry, despite the slide in holiday spending...
Leaders continue to offer guidance to diamond industry
Antwerp, Belgium--The heads of two key diamond industry organizations have released statements offering aid to the industry in these trying economic times.
Panama Diamond Exchange to open Friday
Panama City, Panama—Jewelry industry leaders and Panamanian government representatives will gather in the Central American nation on Friday to celebrate the launch of the Panama Diamond...
Israeli diamond dealers perish in plane crash
Windhoek, Namibia—A plane crash claimed the lives of five Israeli diamond dealers on Saturday outside the Namibian capital of Windhoek.
Moscow Diamond Bourse celebrates WFDB membership
Moscow—Leaders from the international diamond industry helped members of the Moscow Diamond Bourse (MDB) celebrate their acceptance into the World Federation of Diamond Bourses (WFDB) in an...
As demand drops, De Beers looks beyond sightholders
London--Selling rough to companies that are not sightholders and continuing to market the enduring value of diamonds are just two of the strategies De Beers is employing to weather the economic...
Israel Diamond Exchange to mark 70 years
Ramat Gan, Israel--The Israel Diamond Exchange (IDE) will mark its 70th anniversary with a special event scheduled for Nov. 23 in Tel Aviv, Israel.
WFDB invited to join FATF forum
Antwerp, Belgium—The World Federation of Diamond Bourses (WFDB) has been admitted as a member of the Financial Action Task Force's (FATF) consultative forum, the WFDB announced this week.