“Only do business with clients who have impeccable integrity,” suggests Davy Blommaert, banker

Davy Blommaert heads the Diamond Business at National Bank of Fujairah, which falls under the bank’s corporate and institutional banking division. With nearly 10 years of experience in the diamond industry, he was tasked to establish a unit within NBF...

18 march 2019

Russia’s export legislation is like a log on the road making it difficult to drive through

Eduard Utkin, General Manager of the Russian Jewellers Guild Association, which is a member of the Russian Federation Chamber of Commerce and Industry, answers the questions from Rough & Polished regarding the activities of the country’s professional...

11 march 2019

Botswana mum on new demands as negotiations with De Beers draw closer

Botswana said it will begin new diamond marketing and sales negotiations with De Beers in June or July this year. Mineral resources minister Eric Molale told Rough & Polished’s Mathew Nyaungwa on the sidelines of a mining conference in Cape Town, South...

04 march 2019

DLX-jewellery will focus more on colour stone designed pieces as well as diamond jewellery sets going forward - Jack Chen, General Manager, DLX-Jewellery

Graduating in International Business from an Institute in Sydney, Australia, in 2015, Jack Chen returned to China to start managing his family-owned jewellery business. Besides holding a certificate in a practical diamond course at Gemological Institute...

25 february 2019

Ali Pastorini: “We have to change a little the way to sell the idea that buying jewelry is just for glamour”

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 1000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

18 february 2019

IDE supports early stage start-ups

11 july 2018
The Israel Diamond Exchange’s technological incubator Diamond Tech has signed to host Israeli start-up Inova Diamonds Ltd. The company uses augmented reality (AG) which enables customers to virtually “try on” diamond rings and jewelry using computerized imaging. The start-up was created by Artem Soundelzon and Genady Pisetskiy, says the note from the Israel Diamond Institute (IDI).

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Image credit: IDI


IDE launched Diamond Tech as a part of a strategy to combine the innovative creativity of the Start-Up Nation to the tradition and talents of the Israeli diamond industry, according to the press note from the Institute.
Diamond Tech Director Hana Toledano said, “The innovation center is seeking the start-ups that bring the newest and most exciting technologies to the world of diamonds. This is the way to ensure the continued growth and success of this outstanding industry.”
The start-ups will be used to support and develop the Israeli diamond industry.

Victoria Quiri, Rough&Polished