Second U.S./International Diamond Week Announced

(IDEX Online News) – The second edition of the U.S./International Diamond Week is set to take place in August in Ramat Gan. The event follows the successful show that took place at the Israel Diamond Exchange (IDE) in March in cooperation with the Diamond Dealers Club of New York (DDC).

The summer installment will once again take place in the IDE’s trading hall. It is estimated to feature loose diamonds worth more than $1 billion.

"After the amazing cooperation between our bourse and the NY DDC, which brought hundreds of diamond traders from all over the world to Israel, in direct contact with hundreds of Israeli companies – large, medium and small – [DDC president] Reuven Kaufman  and I agreed that we must take advantage of this enormous success for the benefit of all bourse members and authorized diamond traders worldwide,” said IDE president Yair Sahar.

Diamond traders have a need for this kind of show – it presents a unique business platform, the first of its kind in the world, at minimum cost and with maximum security – with no need for costly booths, advertising and marketing expenses. Everything is convenient and accessible amid a friendly ambiance," he added.

The summer edition of the U.S./ International Diamond Week will take place from August 26-29.