Israel
Israel plays a pivotal role in the global jewellery industry, particularly as a well-established centre for diamond cutting, polished diamond trading, and advanced gemstones technology. For UK jewellers, suppliers, manufacturers, and valuers, Israeli market developments influence supply quality, pricing, and sourcing channels. Jewellery Focus delivers nuanced coverage of Israel’s jewellery sector—from trade relationships and industry innovation to geopolitical shifts and regulatory changes affecting diamond flows. Our reporting provides trade professionals with essential insights into how Israeli trade dynamics and technological advancements shape sourcing strategy, inventory planning, and competitive positioning.
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May- 2018 -15 MayInternational
Carats.io raises $1.6 Million in first financing round
Carats.io, an Israeli blockchain startup in partnership with the Israel Diamond Exchange, has raised $1.6m (£1.1m) in its first funding round led by Net Capital Ventures, an Israeli venture capital fund. Carats.io is issuing the first digital coin backed by diamonds. The coin, Carat, which is 100% redeemable for diamonds,…
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10 MayEvents
Rising Middle East tension forces World Diamond Congress to cancel
The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) have announced that due to rising tension in the Middle East, the World Diamond Congress has been cancelled. The 38th World Diamond Congress due to be held in Tel Aviv, Israel, from 19 to 21 June…
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9 MayInternational
Alrosa auctions 101 special-sized diamonds for $14.8m
The United Selling Organization (USO) of Alrosa has sold 101 special size rough diamonds with the total weight of 1751.1 carats. Total sales revenue for diamonds amounted to $14.8m (£10.9m). The diamond mining company invited 86 companies from the main world’s diamond trading hubs, including Hong Kong, Belgium, Israel, India…
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8 MayInternational
Israeli Diamond Institute appoints Aviel Elia new MD
The board of directors of the Israel Diamond Institute (IDI) has appointed Aviel Elia as its new managing director. Elia will replace Eli Avidar, who joined IDI in 2007 and successfully served in this position, with a brief hiatus, until now. Elia, an attorney, has served as legal adviser and…
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Apr- 2018 -23 AprilE-Commerce
Carats.io brings forward diamond cryptocurrency launch
Carats.io, the cryptocurrency company partnering with the Israel Diamond Exchange, has begun presale of its public token, ‘CARAT’, several weeks before originally planned. The earlier release date is said to be due to large worldwide demand and significant progress with regulatory agencies. Carats.io offers what it says is the first-ever…
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Feb- 2018 -7 FebruaryInternational
Israel Diamond exchange launches new Diamond Tech innovation centre
The Israel Diamond Exchange (IDE) has launched a new innovation centre, Diamond Tech, to host and support diamond related startup companies. Located within the IDE complex, the centre will help IDE promote new technologies that will bring added value to the diamond industry as well as to other sectors. Carats.Io,…
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Jan- 2018 -23 JanuaryAuctions
Alrosa to auction large rough diamonds at IDWI 2018
Alrosa will be hosting an auction for a selection of special large rough diamonds at the International Diamond Week in Israel (IDWI) 2018, organised by the Israel Diamond Exchange (IDE). The auction will feature rough diamonds over 10.8 carats. All of the stones were mined from deposits owned by PJSC…
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15 JanuaryEconomy
Israel Diamond Exchange announces diamond-based cryptocurrencies
The Israel Diamond Exchange (IDE) will unveil two new diamond-based cryptocurrencies at the next 2018 International Diamond Week in Israel (IDWI) Created by startup Carats.Io, the group will host a seminar introducing its new diamond-backed financial instruments and explain the benefits it could have for the diamond industry. Carats.Io will…
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Dec- 2017 -4 DecemberEvents
Registration opens for International Diamond Week in Israel
Registration has opened for the seventh International Diamond Week in Israel (IDWI), to be held from February 5 to 7, 2018 at the Israel Diamond Exchange (IDE). The next IDWI will be held in a shorter format, with trading taking place on the bourse floor from Monday to Wednesday, leaving…
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Nov- 2017 -22 NovemberInternational
World’s most expensive rough diamond taken to Israel for laser cutting
The 813-carat Constellation Diamond has been taken to Israel to be laser cut, in the first stage of its processing since its discovery in Botswana’s Karowe Mine by Canadian producer Lucara in 2015. The Constellation was taken to a facility in the Israel Diamond Exchange (IDE), where Synova Laser MicroJet…
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