If the excitement about the demand for polished diamonds at the JCK Las Vegas show is an indication, the upcoming US & International Diamond Week in Israel in August is going to be extraordinary, both for the foreign visitors and for the Israeli diamond companies participating in this prestigious event, Yair Sahar, President of the Israel Diamond Exchange said, speaking at the Israeli diamond pavilion at the JCK Las Vegas show.
"The demand for diamonds in the US market is much stronger now," Sahar said. "Wholesalers and retailers need to replenish their stocks. Surely, at the upcoming Diamond Week in August, we will see this translated into healthy business transactions on the trading floor of the Israel Diamond Exchange (IDE)."
"We've been receiving a lot of interest in the next edition of the Diamond Week in August. During the past week alone, in Israel, hundreds of local firms have already signed up to exhibit their goods. At the same time, we're busy processing numerous registrations for foreign, accredited diamond dealers. They will be meeting and doing business with some 500 Israeli companies exhibiting a vast range of loose diamonds at prices direct from the manufacturers," Sahar added.
"We've come up with a unique, purely business-oriented model for this event. All activities will take place on the spacious and secure trading floor of the Israel Diamond Exchange. There are no costly booths or advertising or marketing expenses. In addition, we are offering foreign visitors generously subsidized hotel accommodation at hotels close to the exchange. In short, the summer edition of US & International Diamond Week in Israel will be a great business experience," Sahar concluded