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AWDC
Belgium Diamond Trade Slows
Belgium’s diamond trade continued its decline in August, with rough and polished shipments slowing. Polished exports
News Sep 11, 2019 Rapaport News
HSBC
HSBC to Pay $330M in Antwerp Fraud Settlement
A Swiss unit of HSBC has agreed to pay a record EUR 294.4 million ($330 million) to settle fraud claims
News Aug 07, 2019 Joshua Freedman
Antwerp diamond processing AWDC
Belgium’s Rough Trade Hits Decade Low
Belgium’s rough-diamond trade fell in the first half to its lowest level since the financial crisis. Rough
News Jul 15, 2019 Rapaport News
ABN Amro branch Capelle aan den IJssel
ABN Amro Restricts Rough-Sector Lending
ABN Amro has scaled back its financing of rough-diamond purchases, citing a lack of profitability in the manufacturing and
News Jul 15, 2019 Joshua Freedman
AWDC
Belgium’s Rough Trade Slumps in May
Rough exports from Belgium dropped 37% year on year to $741.5 million in May, reflecting continued weakness in the
News Jun 26, 2019 Rapaport News
National Bank of Fujairah Antwerp launch April 201
Dubai’s NBF Enters Antwerp Lending Market
The National Bank of Fujairah (NBF) has launched a representative office in Antwerp as it looks to expand its business lending
News Apr 07, 2019 Joshua Freedman
Polished diamond
Antwerp’s Eurostar Enters Bankruptcy
Eurostar Diamond Traders, one of the biggest names in the Antwerp industry, has entered bankruptcy following a legal
News Mar 28, 2019 Joshua Freedman
Diamond Fields
Diamond Fields Pink Sells for $17K/ct.
A pink diamond from Namibia’s offshore drilling program fetched $17,000 per carat at a tender in Antwerp. The 5.71-carat
News Mar 18, 2019 Rapaport News
Gem Diamonds 13.33ct pink diamond
Letšeng Pink Sells for Almost $9M
Gem Diamonds has announced the sale of a 13.33-carat pink diamond, discovered in February at its mine in Lesotho, for
News Mar 14, 2019 Rapaport News
A polished diamond under inspection
Eurostar Diamond Traders Close to Bankruptcy
Eurostar Diamond Traders could be forced to file for bankruptcy soon, after a Belgian court rejected its reorganization
News Mar 12, 2019 Rapaport News
Antwerp credit AWDC
Belgium Trade Slows in January
Belgium’s shipments of rough and polished slid in January amid a slowdown in the global industry. A 10% drop in the
News Feb 18, 2019 Rapaport News
BNP
Antwerp Vault Heist Leaves Clients in the Dark
Thieves have broken into a bank vault near Antwerp’s diamond district, with some clients in the dark
News Feb 06, 2019 Joshua Freedman
Antwerp Diamond Bourse
Record Average Price Supports Belgium Trade
Belgium’s polished exports were flat in 2018 as a higher average price offset a drop in volume, according to data the
News Feb 04, 2019 Rapaport News
Antwerp port
Belgium Prepares for ‘No-Deal’ Brexit
Belgium’s diamond industry has urged companies to prepare for the possibility of the UK leaving the European Union
News Jan 21, 2019 Rapaport News
Lucapa 46ct pink
Lucapa Predicts Premium from Angola Reforms
Angola is set to host its first diamond sale under new rules designed to improve transparency and prices.
News Jan 14, 2019 Joshua Freedman
ICICI HQ
India’s ICICI Bank Exits Antwerp
India’s ICICI Bank will shut its branch in Antwerp on March 29, becoming the latest lender to quit
News Jan 09, 2019 Rapaport News
Eurostar
Eurostar Enters Administration as Debts Mount
Eurostar Diamond Traders has entered restructuring proceedings in Belgium, having amassed substantial debts, according to the company’s
News Dec 25, 2018 Joshua Freedman
Antwerp
Higher Average Price Drives Belgium Exports
Belgium’s polished trade grew strongly in October, according to data from the Antwerp World Diamond Centre. Exports
News Nov 25, 2018 Rapaport News
Brexit
Brexit Could Halt UK Rough Trade
The UK will temporarily be unable to import and export rough diamonds if the nation leaves the European Union
News Oct 21, 2018 Rapaport News
Antwerp
Record Average Price Lifts Belgium Exports
Belgium’s polished-diamond exports increased 5% in the third quarter as the average price hit a record high of $2,542 per
News Oct 11, 2018 Rapaport News
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