In a move to strengthen its position as a growing centre of diamond trade, Dubai will host the Presidents’ Meeting of the World Federation of Diamond Bourses (WFDB) in 2011. This announcement was made by Dubai Multi Commodities Centre (DMCC). The 2011 Presidents’ Meeting will be hosted by Dubai Diamond Exchange, following the 2010 World [...]
Industry News
The World Federation of Diamond Bourses Wraps up 2009 Presidents’ Meeting
The World Federation of Diamond Bourses wrapped up its 2009 Presidents’ Meeting with a vote of confidence in the inherent strength of the diamond trade, which it credited with being the buttress that enabled the diamond business pull through the global financial crisis intact.
In an address to the Presidents’ Meeting, in which he reviewed the [...]
Company News
New Suggested Retail Price List for Polished Diamonds Introduced
A new price list for polished diamonds that will guide diamond jewelry consumers how much they should pay for a diamond has been introduced by Idex Online. The Suggested Retail Price (SRP) for polished diamonds was endorsed by the World Federation of Diamond Bourses (WFDB) during the annual presidents meeting that was held in Antwerp.
The new [...]
Europe
Consumer Confidence to be Highlighted During WFDB Presidents’ Meeting
The presidents of the 28 bourses affiliated bourses of the World Federation of Diamond Bourses (WFDB) will be gathering in Antwerp, Belgium, November 15–18, to attend the 2009 Presidents’ Meeting of WFDB and of its sister organization, the International Diamond Manufacturers Association (IDMA).
In a message to the federation’s members, WFDB President Avi Paz said that [...]
Europe
Dieter Hahn Made Honorary President of Idar-Oberstein Bourse
Dieter Hahn received honorary President status of the Diamond and Precious Stones Bourse Idar-Oberstein (DEIO). Hahn has been the treasurer of the World Federation of Diamond Bourses (WFDB) since 1991 and has also served as the director and president of the DEIO for 30 years.
Jochen Muller, President of the DEIO, presented his predecessor with the [...]
Africa
WFDB Executive Committee Calls on Kimberley Process to Expedite Release of Report and Recommendations about Zimbabwe
The Executive Committee of the World Federation of Diamond Bourses (WFDB) has called upon the Kimberley Process to release its much-anticipated report and recommendations about the Zimbabwe diamond mining sector as soon as possible. The WFDB Executive Committee met at the London Diamond Bourse on Monday, September 7, 2009.
A Kimberley Process Review team visited Zimbabwe [...]
Europe
Armenia May Establish Diamond Exchange at Zvartnots Airport
The Armenian government has voiced its intention to establish a diamond and jewellery exchange to serve its local market, due to the substantial growth of this sector over the past decade both locally and internationally.
The necessity of creating a diamond exchange in the country was first raised in 2003 by representatives of the jewellery sector, [...]
Industry News
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 [...]
Asia
WFDB Convenes 1st WFDB Asia Summit Meeting in Hong Kong
The World Federation of Diamond Bourses (WFDB) convened its first-ever WFDB Asia Summit Meeting on June 29 in Hong Kong, with the specific aim to strengthen the organization’s ties with its member diamond bourses in Bangkok, Hong Kong, Mumbai, Shanghai, Singapore and Tokyo. Five of the six bourses invited to the summit sent high-ranking delegations [...]
Asia
WFDB 2009 Asia Summit to Raise Profile and Increase Activities at Six Member Bourses
The World Federation of Diamond Bourses (WFDB) is to hold a special 2009 WFDB Asia Summit Meeting on June 29. The aim of the regional meeting is to engage the bourses in Bangkok, Hong Kong, Mumbai, Singapore, Shanghai and Tokyo more intensively in the activities of the WFDB, and to determine which services the bourses [...]
Asia
Tokyo Diamond Exchange and Italian Diamond Bourse Vote in New Boards
The Tokyo Diamond Exchange and the Borsa Diamanti D’Italia, both members of the World Federation of Diamond Bourses (WFDB), have voted in new boards.
Members of the Tokyo Diamond Exchange elected Michio Iwasaki as their new president. Iwasaki, who is based in Nagoya, has long been involved in the diamond, gem and jewelry industry in Japan. [...]
