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Israel’s established diamond sector is scaling new heights by strengthening business ties and offering technology-driven services.
Boaz Moldawsky, chairman of the Israel Diamond Institute (IDI)
The Israel Diamond Institute presents the Get-Diamonds online platform at the Israel Diamond Pavilion at the March Hong Kong Fair
Please give us a brief history of Israel's diamond industry. How crucial is the Jewish culture to the success of the country's diamond sector?
Israel's diamond industry started in the 1930s when immigrants who had learned the diamond trade in Belgium brought the business to our shores. In 1938, the Israel Diamond Exchange (IDE) was formed and its first ever meeting was held in a room in a private house. Thereafter, meetings were held in a café in Tel Aviv until it found a more permanent home in Ramat Gan. By 1940, a handful of diamond factories started operating in Netanya and...
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