web analytics
July 2, 2015 / 15 Tammuz, 5775
At a Glance
News & Views
Sponsored Post


Israel Shows Off $2 Billion in Precious Gems at Exhibition


The Israel Diamond Exchange hosted a four-day event this week, exhibiting $2 billion worth of diamonds and executing sales in the hundreds of millions of dollars.

More than 40 lots of diamonds and precious stones were sold for more than $1 million, and one auction sale fetched $168,000 for a pair of pear-shaped emeralds from Zambia, according to the Israel Diamond Institute.

Hundreds of companies from around the world attended the show, feeding the Diamond Exchange’s hopes to increase trading that already has a turnover of approximately $25 billion a year.

Reuven Kaufman, president of the Diamond Dealers Club, the largest trading center in the United States, told Reuters, that he thinks trading at the Israeli exchange will increase. “There is more confidence in America today. They feel America’s coming back. I think because of that we’ll see a good Christmas season,” he said.

 

About the Author: JewishPress.com brings you the latest in Jewish news from around the world. Stay up to date by following up on Facebook and Twitter. Do you have something noteworthy to report? Submit your news story to us here.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

One Response to “Israel Shows Off $2 Billion in Precious Gems at Exhibition”

  1. Now that I know the truth on the how's and why's it will be an even better Christmas. And yes, there will be no diamond purchases. Put that in your Yarmuka's and eat it.

Comments are closed.

Current Top Story
Prime Minister Binyamin Netanyahu speaks during a news conference in Be'er Sheba.
Netanyahu: Israel Faces Double Threat, From ISIS and Iran
Latest News Stories
Knife for attack

An Arab man was caught by Border Police on his way to committing a terror attack in Hebron on Thursday night

Prime Minister Binyamin Netanyahu speaks during a news conference in Be'er Sheba.

PM Binyamin Netanyahu warns that Israel now faces a double threat: from ISIS and Iran.

View of the Israeli-Egyptian border next to the southern city of Eilat

The closing of the highway, comes after Israeli security officials voiced concern that Waliyat Sinai, the ISIS-affiliated terror group responsible for the attacks, may be planning to strike Israel as well.

Windows on the Jerusalem Light Rail smashed by Arab stone throwers.

Jerusalem’s Light Rail was attacked at least twice Thursday by Arabs hurling rocks in Shuafat — again.

Neo-Nazis who planned to march July 4 through London’s Golders Green section must now relocate to the city center.

Hamas apparently aided ISIS-linked Sinai terrorists in attacking Egyptian Army soldiers.

The Jerusalem Municipality hung up umbrellas above Yoel Solomon street, to decorate the street with some color, and add some shade from the sun.

No gunshots, no shooter and no wounded after a scare at the Wash. DC Navy Yard.

Yochanan Danino also distributed 200 books written in his honor and called, “My Father, the Commissioner.”

“The Jewish people and the State of Israel owe an eternal debt to Nicholas Winton who singlehandedly saved hundreds of Jewish children from the Nazis,” Prime Minister Binyamin Netanyahu said Thursday after hearing of his death. Winton died in Britain at the age of 106. He saved hundreds of Jewish children from the gas chambers […]

Police Thursday morning arrested a rabbi from Safed (Tzfat) whom a woman said raped her after giving her spiritual guidance several years ago. A second woman filed a complaint Wednesday night. The allegations were presented to rabbis in Tzfat last month, and rabbinical leaders, including Safed’s Chief Rabbi Shmuel Eliyahu, asked the alleged rapist to […]

Israel, like the non-radical Islamic world. will be happy see the ISIS beheaded for once.

Nicholas Winton saved hundreds of Jewish children from the gas chambers but said nothing for nearly 50 years.

IDF okays Egypt’s heavy arms in Sinai. Al-Sisi claims it is in total control over the Sinai.

Iran has already been able to free up some 20% of its frozen assets, around $19 billion. At best, that’s without doing anything, and at worse, that’s while continuing to rush towards a nuclear bomb.

More Articles from Jewish Press News Briefs
Knife for attack

An Arab man was caught by Border Police on his way to committing a terror attack in Hebron on Thursday night

Police Thursday morning arrested a rabbi from Safed (Tzfat) whom a woman said raped her after giving her spiritual guidance several years ago. A second woman filed a complaint Wednesday night. The allegations were presented to rabbis in Tzfat last month, and rabbinical leaders, including Safed’s Chief Rabbi Shmuel Eliyahu, asked the alleged rapist to […]

Iran has already been able to free up some 20% of its frozen assets, around $19 billion. At best, that’s without doing anything, and at worse, that’s while continuing to rush towards a nuclear bomb.

Malachi Moshe Rosenfeld, 26, was buried in Kochav HaShachar in Samaria early Wednesday afternoon after he succumbed last night to bullet wounds from Palestinian Authority terrorists. Bayit Yehudi (Jewish Home) chairman and Minister of Education Naftali Bennett was among hundreds of people at the funeral. He called Rosenfeld “a symbol of the State of Israel, […]

The funeral for Rabbi Yekutiel Menachem Rapp is to pass by 770 Eastern Parkway Tuesday at 3:45 pm ET.

The United States and the other P5+1 powers unsurprisingly have extended the June 30 deadline for reaching an agreement to supervise and limit Iran’s nuclear development program. The extension is for one week, until July 7. As The JewishPress.com reported here earlier this week, “deadline” has a different meaning in the Muslim Middle East than […]

The boat was boarded by Israel’s Shayetet 13 special forces after it refused to turn away from breaching the blockade on Gaza.

Rabbi Riskin is pleased and honored to continue to serve the residents of Efrat…

Printed from: http://www.jewishpress.com/news/breaking-news/israel-shows-off-2-billion-in-precious-gems-at-exhibition/2013/08/29/

Scan this QR code to visit this page online: