Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...

Today

GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The 37th World Diamond Congress focuses on Transparency, Responsibility and Sustainability

18 may 2016
The 37th World Diamond Congress, which opened in Dubai on May 17, 2016, will stress the importance of Transparency, Responsibility and Sustainability, says a press note from World Federation of Diamond Bourses (WFDB). WFDB President Ernie Blom said the themes were relevant to all the challenges that the global diamond industry is facing and would be at the heart of the discussions and debates to be held at the Congress which ends on May 19, "From mining to diamond cutting and polishing, and from jewellery making to retailing, we must ensure that we are all working in a fair and honest way, and strengthening our Corporate Social Responsibility operations," Blom said.
01.jpg
Blom also said it was critical that the industry proactively deals with issues so that governmental bodies and other agencies did not. "I believe it is time that the diamond industry went on the offensive. It seems to me we have been on the defensive too long – and unnecessarily so. We have one of the most self-regulated industries in the world."
Blom also spoke about the challenges of securing financing and of the Know-Your-Client (KYC) initiative it is supporting for WFDB members to establish a platform to increase transparency in the diamond business.
Welcoming delegates from across the diamond world, Ahmed Bin Sulayem, Executive Chairman of the Dubai Multi Commodities Centre and Chair of the Kimberley Process, said: “We often say that our city has a pivotal location between east and west. The important global events here this month show that diamonds are particularly big on the agenda."
WFDB Presidents unanimously re-elected Ernie Blom as President for a further two-year term, and Israel Diamond Exchange President Yoram Dvash as Vice-President, replacing Julien Drybooms.
India's Gems and Jewellery Export Promotion Council was accepted as a WFDB member.

Aruna Gaitonde, Editor-in-Chief of Asian Bureau, Rough&Polished