IDE: Heavy Traffic on Trading Floor on Day 2 of International Diamond WeekFebruary 15, 17
(IDEX Online) – The trading floor of the Israel Diamond Exchange (IDE) continued to see heavy traffic on the second day of the Sixth International Diamond Week in Israel (IDWI).
The mood was upbeat, reflecting a lively trading atmosphere, the IDE said in a statement.
Beyond the trading floor several events took place during the day. The IDE inaugurated its new state-of-the-art International Tender Center with a ribbon-cutting ceremony, attended by Alrosa President Andrey Zharkov and local diamond leaders.
IDE President Yoram Dvash said that the new tender center is intended to bring many additional rough and polished diamond tenders to Israel, avoiding the necessity of Israeli companies having to travel abroad to participate in these sales.
Later in the day a Memorandum of Understanding was signed between the young generation forums of the Hong Kong Jewelry Manufacturers’ Association (HKJMA) and the IDE (pictured below) for cooperation and business promotion. IDE President Yoram Dvash cited the longstanding business cooperation between the diamond industries of Israel and Hong Kong.
“We feel very close to you based on shared values. The young generations of both our countries have a great future. We can grow together,” he said. The MOU was signed by Dvash and by Kevin Ng, head of the Young Generation Forum of HKJMA.
Jean-Marc Lieberherr, CEO of the Diamond Producers’ Association (DPA) gave a presentation outlining the strategic direction of its generic diamond marketing program targeting Millennials and discussed plans for 2017. He invited members of the Israeli diamond industry to make use of the marketing materials produced by the DPA and to interact with him with suggestions and concerns. He also invited diamond industry organizations to partner with the DPA on joint programs.
Jean-Marc Lieberherr, CEO of the Diamond Producers Association, together with IDE President Yoram Dvash.