Thursday, Jul 24th
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While mass manufacturing of diamonds has long since moved to the east, to India, China and a choice of the Asian tiger economies, in the diamond trading hubs in the west – Antwerp, Ramat Gan, and to some extent New York – larger diamonds are still widely cut and polished. Not, of course, in the quan...Read more...
Interview with Avraham
(Bumi) Traub, by Ya’akov Almor
A few months ago, toward to the end of August, two leading Israeli diamond manufacturers stood on the executive floor of the Israel Diamond Exchange (IDE), at the windows overlooking the bourse’s huge trading floor.
As the primary representative of diamond manufacturers worldwide, I would contend that one of the major concerns all manufacturers share is the financial burden that we carry. Therefore, during my term as IDMA president, I intend to bring the discussion about financing to the top of the agenda.Read more...