Instant news 24/7

Squatters in Israel create a new community atop a UNESCO World Heritage site- Palestine’s Lab

1 min read

            Grown diamonds, simplified payments, and 3D scanning to design diamond cuts are just a few of the advances that are helping to resurrect the Israeli diamond industry.

The local diamond sector suffered during the epidemic despite being a long-time global hub for polishing and cutting diamonds. However, polished and rough diamond exports are expanding as a result of resilience, new trading partners, and a dose of out-of-the-box ideas.

“[The year] 2020 was horrible [for diamonds]”, Ophir Gore, Diamond Controller and Director of the Ministry of Economy and Industry’s Diamond, Gemstones, and Jewellery Administration, told NoCamels. “However, not only was 2021 greater than 2020, but it was also higher than 2019”.

Leave a Reply