web analytics
February 1, 2015 / 12 Shevat, 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.

SocialTwist Tell-a-Friend

Current Top Story
The United States condemned Iran for honoring Hezbollah terrorist Imad Mughniyeh but is not so bothered when Abbas honors PA terrorists.
CIA, Mossad Collaborated on Killing Hezbollah No. 2 Leader in Damascus
Latest News Stories
The United States condemned Iran for honoring Hezbollah terrorist Imad Mughniyeh but is not so bothered when Abbas honors PA terrorists.

The Washington Post reports the CIA and Mossad collaborated on the 2007 murder in Damascus of the Hezbollah terror group’s No. 2 leader.

Kenji Goto Execution

ISIS released a video showing the beheading of Japanese hostage Kenji Goto.

PM Binyamin Netanyahu with Defense Minister Moshe Ya'alon at Rambam Medical Center in Haifa.

PM Binyamin Netanyahu says it’s easier to deal with a procedural problem than resolving a nuclear threat.

A firebombed car.

An IDF force killed an Arab terrorist attacking motorists Saturday night near Yitzhar in Samaria.

Egypt bans and names Hamas as terrorist organization, Hamas says Egypt no longer broker between it and Israel

V15′s Bird was marinated in his former boss’s hatred of and blame-only Israel mindset.

Palestinian Authority child soldiers – a crime against humanity.

Maybe, just maybe, the new generation of terrorists will one day turn their guns on their oppressors in Gaza.

The White House explains that Taliban is not a terrorist group — it is an “armed insurgency.”

The US in November stopped funding a left-wing group that is helping to campaign against Netanyahu

Super Bowl viewers will have to get along with Scarlett Johansson this year.

Cruz and New York Rep. Zeldin complained to Kerry of Obama’s “relentless harassment.”

A Shin Bet sting nabs Arab Israelis after returning from Syria where they join Al Qaeda and ISIS-linked terror groups — a whole group this month.

That’s it. If you didn’t register your party by now, you’re not running for the upcoming Knesset elections.

Simultaneous explosions in Egypt killed and wounded dozens Thursday night.

National religious voters favoring the new Yachad party headed by Eli Yishai may be wasting their votes.

More Articles from Jewish Press News Briefs
Kenji Goto Execution

ISIS released a video showing the beheading of Japanese hostage Kenji Goto.

Israeli election workers count remaining ballots from soldiers and absentees at the Knesset in Jerusalem

That’s it. If you didn’t register your party by now, you’re not running for the upcoming Knesset elections.

Five IDF soldiers are in Ziv Hospital in Tzefat…

Rivlin returning early to Israel from US trip due to situation in northern Israel.

Lebanese Hezbollah supporters celebrate IDF deaths Wednesday by giving sweets to motorists.

Soldiers hit in missile attack were patrolling in non-armored jeeps.

Arab brother, sister were apparently planning attack.

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: