The Summer Edition of the International Diamond Week in Israel (IDWI), which will take place at the Israel Diamond Exchange (IDE) from August 30 to September 3, will host more than 350 buyers from some 15 countries.

“We are encouraged by the surge in registration for the event, at a time of uncertainty in the global diamond industry and trade,” said Moti Fluk, the IDE Treasurer who also heads the IDWI Organizing Committee. “This bodes well for the event. Diamantaires always take the optimistic view, and we are convinced that this edition of our unique ’inter-bourse’ diamond trading festival will turn out to be a success.”

“The International Diamond Week project is now in its third year,” Israel Diamond Exchange President Shmuel Schnitzer noted. “It has reinvigorated traffic on the trading floor which is the largest and most active such hall in the world. At the end of the month, it will once again be a vibrant hub of bourse members and many hundreds of visitors who will be interacting, viewing a huge selection of diamonds, negotiating and bargaining. And, most importantly, the floor will be an even playing field where small manufacturers and traders will be on an equal footing with the biggest players in the business, creating opportunities for all to do good business,” Schnitzer stated.

Delegations will be arriving from Belgium, New York, Mumbai, as well as from Istanbul.

The International Diamond Week in Israel is organized by the Israel Diamond Exchange, in close cooperation with the Diamond Dealers Club of New York (DDC), the Antwerp Diamond Bourse (Beurs voor Diamanthandel), and, for the first time, also by the Bharat Diamond Bourse. All exchanges will be represented by delegations of their members on the IDE trading floor in August.