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Israel Diamond Exchange in emergency mode

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The Israel Diamond Exchange (IDE), a cornerstone of the global diamond trade, has transitioned to an “emergency mode” of operation, effectively ceasing most activities indefinitely amidst heightened security concerns following missile strikes from Iran. The move underscores the escalating regional conflict and its immediate impact on key economic sectors within Israel.

The decision to implement emergency protocols comes after a series of ballistic missile attacks launched by Iran, which have targeted Ramat Gan—the home of the IDE—along with Tel Aviv and other strategic locations across Israel. These strikes followed a pre-emptive Israeli assault on Iranian nuclear facilities.

The IDE, comprising four interconnected towers, has closed its main trading floor. Only a skeletal crew providing “essential” services remains on site. All other typical operations, including management offices, post office services, export/import facilities, diamond supervision offices, restaurants, cafes, banks, and parking lots, have been shuttered.

 The exchange strongly recommended that “companies and members transfer their goods to the secure safe deposit room in the Shimshon Building for optimal protection,” highlighting the immediate threat to high-value assets.

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DiamondBuzz

De Beers brings Diamonds and Glamour to London

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Insiders suggest a star-studded journey to London might be on the cards. But why London? Beyond its glittering reputation as a global hub for jewellery and fashion, whispers point to something far more dazzling — De Beers is set to host a major showcase in the city.

This year, De Beers Group makes its grand debut at Frieze London, marking a landmark moment where the world of natural diamonds meets the world of art. In collaboration with Frieze Masters, the brand will unveil Voyage Through the Diamond Realm — an immersive experience said to capture the mystery, beauty, and brilliance of natural diamonds like never before.

To bring this vision to life, De Beers has invited India’s leading style and art connoisseurs, including Twinkle Khanna, Ananya Panday, Sara Tendulkar, Karan Johar and many more. Known for their refined taste and appreciation of art and design, these tastemakers are the perfect ambassadors to experience natural diamonds in a whole new light — where every facet tells a story of time, pressure, and perfection.

While details remain under wraps, those close to the brand hint that the experience will be nothing short of transformative — a moment where science, storytelling, and rarity converge to celebrate nature’s most extraordinary creations.

One thing’s certain: when De Beers Group meets Frieze London, the city is bound to shine a little brighter — and perhaps, so will those boarding that flight.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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