Israeli Diamond Industry to Shine Brightly at Basel

The Israel Diamond Institute (IDI) annual breakfast press conference at BASELWORLD 2007 will present some of Israel’s most exciting special diamond cuts, as well as an update on the Israeli Diamond Industry.

The press conference, to be held on April 13, 2007 at 8:45am in the Osaka- Samarkand Congress Room of the Basel Convention Center, will include a presentation by IDI Managing Director Eli Avidar entitled “The Israeli Diamond Industry: Trends and Triumphs in a Sparkling Market.” A panel discussion entitled “What’s New in Special Cuts” will feature representatives of three of Israel’s leading companies in this field: Guy Hadad Diamonds, Moshe Namdar and Novel Collection.

IDI will once again have its traditional PR booth at the Basel fair in Hall 3.1, Stand NO1. There will be a strong presence of Israeli diamantaires as well, with dozens of Israeli diamantaires exhibiting independently, mainly in Halls 3 and 6. Among the companies exhibiting are: Afic Diamonds Ltd. (C30), Australia Diamonds/Lady Heart Collection (C60), Avi Paz Group (M11), Benma Diamonds Ltd. (E60), Dalumi Group (G02), Dany Avlas Diamonds (C10), Fancy Diamonds (E60), Fourever Concept (C20), Gemstar-Eshed Diam. (C14), Jogdiam (F50), Julius Klein – Eliaz Diamonds (C41), Leo Schachter diamonds (C33), Moshe Namdar & Co. (D40), Novel Collection (F40), Podicko Diamonds Ltd. (D11), Rachminov Diamond 1891 (H50), Royal Heart/Guy Hadad Diamonds (E61), S. Juwal & Co. (F60), Supergem-Bloom Collection (L70), Tzoffey’s Diam Ltd. (J60), and YEI-Yahalomei Espeka International Ltd. (M44).

IDI Chairman Moti Ganz said that the Israeli Diamond Industry is very interested in developing European markets. “Europe is an important market for many Israeli manufacturers and exporters, and we believe that there is a great potential for future growth here. Our participation in BASELWORLD underscores our keen interest in furthering our growth in these markets.” Ganz said.

Eli Avidar, IDI Managing Director, said that the Israeli Diamond Industry recorded positive growth in 2006, despite the challenges to the global industry. “The Israeli industry is well positioned for further growth. IDI’s marketing efforts – in Basel as well as in venues around the world – are geared to support the Israeli diamond industry as it enhances its role in global markets.