May 03, 2018

Special Focus on Technological Innovation at 38th World Diamond Congress in Tel Aviv

The 2018  World Diamond Congress to be held in Tel Aviv from June 19-21, 2018, will focus on the role of technology in advancing the diamond industry – in keeping with Israel’s focus on innovation and its reputation as “Start Up Nation”, the Organising Committee said in a press release.

“The programme will focus on how technology is contributing to the world diamond industry today and in the future,” the release emphasised. “It will include a presentation by Sarine, the leading developer of technologies for diamond trade and manufacture, as well as a talk by, which is issuing the CARAT digital token in partnership with the Israel Diamond Exchange, and creating the first-ever viable secondary market for diamond commerce. Moreover, guests will be invited to visit DiamondTech, the Innovation Center of the Israel Diamond Exchange and to meet some of the start-ups working there.” 

The Congress, which represents the general body meetings of the two apex international bodies, the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), is being organised by the Israel Diamond Exchange (IDE) and the Israel Diamond Manufacturers’ Association (IsDMA).

Delegates from over 30 countries, including leading members of diamond bourses around the world, mining and rough trading companies, diamond manufacturers, supporting economic sectors and government representatives are expected to attend the Congress.

Israel Diamond Exchange President Yoram Dvash, who is Vice President of WFDB, expressed his happiness at the Israeli diamond industry having the opportunity of hosting the upcoming congress.

“Israel last hosted the World Diamond Congress in 2006, and prior to that in 1996,” he said. “We look forward to the opportunity to welcome lots of veteran and new friends and to provide them with an enjoyable stay. We are planning a stimulating programme, and we are certain that our guests will be interested in learning about the many innovations we have instituted in the Israeli diamond centre.”

World Diamond Congress Organising Committee Chairman Yehezkel Blum said: “We guarantee that our guests will receive warm hospitality and an exciting programme. Moreover, Tel Aviv is a great backdrop for the congress, with beaches, restaurants, sightseeing and more. Join us for a great event.”