A group of nearly 40 members of the Israel Diamond Exchange (IDE), headed by Avi Paz, President of the IDE and of the World Federation of Diamond Bourses, won a prize of over $30,000 on the local lottery yesterday, reports the Israeli ‘Calcalist’. According to the paper, there is a long tradition among bourse members [...]
‘Sixty Diamonds and Many More’ Exhibition Open at Harry Oppenheimer Diamond Museum
The diamond jewelry design competition held by the Israel Diamond Institute Group of Companies (IDI) in honor of Israel’s 60th anniversary is the basis for a new exhibition that opened at the Harry Oppenheimer Diamond Museum here today. The exhibition was launched at a festive reception in the presence of Mayor of Ramat Gan Tzvi [...]
Israeli Government to Underwrite Training of Diamond Polishers
At a meeting with the leaders of the Israeli Diamond Industry yesterday, Israel’s Minister of Industry, Trade and Labor Benjamin Ben-Eliezer said that he would help finance a professional training program for diamond polishers. The ministry program, to be implemented in 2009-2010, will train 100 unemployed to become polishers on the level of “Excellent”. Diamond [...]
Diamond Dimensions Combines Fashion and Art in New Diamond Cuts
Diamond Dimensions Ltd., a new diamond venture in Israel, is introducing several unique patented diamond cuts based on the Cross and Lotus shapes, that they say “meet the demand for something new in diamond design.” In addition to these shapes, Diamond Dimensions is offering jewelers, jewelry manufacturers and designers the opportunity to have their own [...]
Moti Ganz Elected Re-elected Chairman of Israel Diamond Institute
Moti Ganz was re-elected unanimously for an additional three-year term as Chairman of the Israel Diamond Institute Group of Companies (IDI), by its Board of Directors. Moti Ganz also serves as President of the Israel Diamond Manufacturers Association (IsDMA) and the International Diamond Manufacturers Association (IDMA). After being re-elected Moti Ganz said, “I am grateful [...]
Diamond Business Alleged to Have Been Source of Cash for One Arrested in U.S. Multimillion Dollar International Money Laundering Case
“This is all from diamonds” allegedly claimed a co-conspirator in the investigations of political corruption and international money laundering rings that have resulted in the arrest of 44 individuals, including mayors, assemblymen, political operatives and rabbis. Law enforcement personnel, with the assistance of a cooperating witness, first infiltrated a pre-existing money laundering network that operated [...]
IDI Helps Israeli Diamantaires Enhance their Online Presence
The Israel Diamond Institute Group of Companies (IDI) is helping the Israeli Diamond Industry utilize the power of the World Wide Web to full advantage. Through the “Together Works” strategic marketing program, Israeli diamantaires are being guided through all stages of website development free of charge, and are learning about SEO, E-commerce and online marketing. [...]
Avi Paz Factory Broken Into During Weekend
The Ramat Gan diamond factory of Avi Paz, President of the World Federation of Diamond Bourses and the Israeli Diamond Exchange, was broken into over the weekend, reports the Israeli press. According to the reports, the value of the diamonds stolen during the raid amounted to just some thousands of dollars, while the main harm [...]
Israeli Minister of Industry, Trade and Labor Praises Diamond Industry
Israeli Minister of Industry, Trade and Labor Benyamin Ben-Eliezer paid his first official visit to the Israeli Diamond Industry today. During the visit the Minister met with the officials of the Israel Diamond Institute Group of Companies (IDI), the Israel Diamond Exchange (IDE) and the Israel Diamond Manufacturers Association (IsDMA), and had lunch with a [...]
IDI Launches Diamond Portal in Russian
The Israel Diamond Institute Group of Companies (IDI) today launched a groundbreaking Russian version of the Israeli Diamond Industry Portal, the definitive B2B website for the Israel trade. The site was presented at a press conference by Avraham (Bumi) Traub, Chairman of the IDI Finance Committee and Honorary President of the Israel Diamond Manufacturers Association. [...]
IDI Launches Stage 3 in ‘Together Works’ Strategic Marketing Plan
The Israel Diamond Institute Group of Companies (IDI) has launched the third stage in its ‘Together Works’ strategic marketing plan, which is being rolled out throughout 2009. The overall program provides support to Israeli diamond manufacturers and exporters, and at the same time offers real-time assistance and services to the Israeli Diamond Industry’s international trading [...]
Eli Avidar: “Diamond and Jewelry Industries Need to “Think out of the Box”
Eli Avidar, Managing Director of the Israel Diamond Institute Group of Companies (IDI) called upon the global jewelry and diamond industries to “think out of the box” about marketing their products during the current economic crisis, in a speech during the opening session of the CIBJO – The World Jewellery Confederation Annual Congress here today. [...]