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WFDB's President to Attend Intl. Diamond Week in Israel

Nov 25, 2014 3:48 PM   By IDE
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Press Release:  Ernest Blom, the president of the World Federation of Diamond Bourses (WFDB), confirmed that he will attend the 2015 winter edition of the International Diamond Week in Israel, to be held February 8 to 12. Blom accepted an invitation to attend from the Israel Diamond Exchange's (IDE) president, Shmuel Schnitzer, who served as WFDB president from 1998 to 2004 and is also a WFDB honorary life president.

Blom said, "I am confirming my participation and look forward to seeing bourse members from all over the globe doing what they know best -- conducting business in diamonds.

"The WFDB supports initiatives such as the International Diamond Week in Israel for the simple reason that it creates added value for participating bourse members," Blom noted. "Currently, the WFDB-affiliated bourses have a membership of about 30,000 diamantaires. Taking into account that many of these members operate companies that include partners, family members and personnel, we're talking about many tens of thousands of people who earn their livelihood in association with a bourse member. That creates great responsibility and therefore inter-bourse platforms like these are very welcome efforts to improve and boost business ties between diamantaires."

Schnitzer said that the WFDB president's participation would give the event a strong impetus and encourage members of other bourses to join their international colleagues for this event. "We are currently liaising with bourses around the world to make their members aware of February's International Diamond Week in Israel. To lower the threshold, we are offering four free nights in the venue hotels near the exchange complex in Ramat Gan and we urge our colleagues not to miss this great networking and buying opportunity," Schnitzer added.

The International Diamond Week in Israel is organized in close cooperation with the Diamond Dealers Club (DDC) of New York  and the Antwerp Diamond Bourse (Beurs voor Diamanthandel). Both exchanges will be represented by dozens of their members on the exchange trading floor in February.

 
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Tags: events, IDE, israel diamond week, WFDB
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