Israel Trade Slows Amid Economic Slump, Festivals

Israel Trade Slows Amid Economic Slump, Festivals

Rapaport - News     •     November 7, 2022, 5:57 am

RAPAPORT... Israel’s diamond shipments slumped in October as religious holidays compounded the negative impact of geopolitical and economic trends.Polished exports fell 24% year on year to $432.8…

UAE to Be 2024 Kimberley Process Chair

Rapaport - News     •     November 7, 2022, 5:08 am

RAPAPORT... The United Arab Emirates (UAE) will become chair of the Kimberley Process (KP) in 2024, trade leaders in Dubai announced following the organization’s plenary meeting. The UAE will…

De Beers to Launch New Melee Tester in Early 2023

Rapaport - News     •     November 6, 2022, 10:10 am

RAPAPORT... De Beers is working on a new testing machine for screening some of the tiniest melee diamonds, claiming the move will help the industry spot synthetic stones more efficiently. The new…

Indian Festive Season Buoys Titan Profit

Rapaport - News     •     November 6, 2022, 8:54 am

RAPAPORT... Titan Company’s sales and profit jumped in the second fiscal quarter as the Indian retailer benefited from solid festive demand. Revenue — including at subsidiaries — climbed 22% year on…

Lightbox Brings On New CEO

Rapaport - News     •     November 6, 2022, 7:44 am

RAPAPORT... De Beers has hired Antoine Borde as CEO of its Lightbox lab-grown diamond brand. He will succeed Steve Coe, who left the company in July.Borde was most recently global e-commerce vice…

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