Latest News - Business - Israel - Tel Aviv

The Radwin wireless broadband links connect the various parts of Alrosa's Yakutia mining site and provide voice and data connectivity.

Japan's Alternative Investment (AI) Capital, an investment advisory company which specializes in private equity investments, announced recently it will be investing $130 million in various companies in Israel and Europe.

There are very few uncharted diamond territories left in the 21st century, but it would be accurate to say that one area of the world has been left out for too long a time.

Top medical device distributors MenkeMed in Germany and Austria and Ecce Dutoit in the Benelux, signed contract deals to distribute Allium's ureteral and biliary stents

You, the religiously observant diamantaire who travels worldwide, need important information about your next stop: lists of synagogues, the location of kosher restaurants, and candle lighting times.

Agitation between the management and workers at the Lev Leviev Diamond (LLD) polishing factory in Windhoek, Namibia has caused the lay off of 80 employees who demanded the resignation of the company’s General Manager Mike Nesongano.

A report recently published by Israel’s Ministry of Industry, Trade and Labor studied the returns from government financial support of R&D projects. According to the figures, returns yielded between a whopping 473% and a mind-boggling 1000%.

According to the 12th annual World Wealth Report from Merrill Lynch and Capgemini, the world's high-net-worth individuals and ultra-high-net-worth individuals continued to acquire luxury items last year despite the shaky economy.

Marliese Weed has filed a $5 million class-action lawsuit accusing Jewelry Television of false advertising. The lawsuit also claims that the company allegedly sold treated gemstones without full disclosure

India and diamonds are the best known combination throughout the diamond industry.

India has been declared the strategic target of the Israeli Diamond Industry in 2008. The Indian economy appears to be booming and the business opportunities seem to be unlimited. .

Now that you have found the perfect gem, all you need to do is make sure it is displayed well and held securely in place.

Two important amendments are to be introduced to the Clean Diamond Trade Act, according to an announcement of the US Department of the Treasury's Office of Foreign Assets Control.

It is interesting to revert to an overview published prior to the storm’s outbreak regarding foreign investments in India and Indian investments abroad during 2007, and perhaps to draw a measure of optimism from it.

Yesterday, De Beers inaugurated the world’s largest and most advanced diamond sorting center in Botswana.

Kimberley Consolidated Mining’s (KCM) CEO Hein le Riche announced that the company sold a 46 carat blue-white diamond for $28,000 per carat, reaching a total price of $1.28 million.

Debswana, the joint venture between De Beers and the Botswana government, is currently conducting prefeasibility stage studies in order to determine how to expand production at the Jwaneng diamond mine.

The imposition of a presumptive tax on the diamond industry in Surat has aroused the wrath of the president and members of the Surat Diamond Association (SDA). The tax was levied by the Union Finance Minister in the annual budget.

GIA and PhotoScribe Technologies won a patent infringement lawsuit last week which was filed against them by Lazare Kaplan International.

The South African government has provided the State Diamond Trader (SDT) with initial funding of $8.2 million.

The Prashanth Real Gold Tower has been inaugurated in the hub of the T. Nagar shopping center in Chennai. The tower, which is to constitute the largest exclusive jewelry destination in India, will serve both the retail and wholesale jewelry trade.

According to the National Retail Federation (NRF), US consumers held back on shopping in February. Retail industry sales rose 6.3% unadjusted over last year and were flat since January.

World Gemological Institute (WGI) and Swiss Gemological Institute (SSEF) have initiated a collaboration program with the aim of enhancing the understanding of diamond treatments and detection methods.

Stornoway Diamond Corporation and Hunter Exploration Group have reported diamond recovery results for the AV1 and AV2 projects at Aviat in Nanuvat, Canada

The Swatch Group has announced record net income for 2007 exceeding CHF 1 billion for the first time.

For Jane Austen, matrimony was as much a financial transaction as an emotional one, with everyone trying to get the best possible bargain.

RBC analyst Des Kilalea has stated in a report that Petra Diamonds and Rockwell Diamonds are both expected to outperform their peers in the course of the coming year.

Vaaldiam has completed the acquisition of Great Western Diamonds following approval by the Court of Queens Bench for Saskatchewan on March 6.

The Dubai Gold & Jewelry Group (DGJG) plans to step up its efforts to improve jewelry retail and marketing services through training programs that will focus on sales, marketing and customer service.

The Harry Winston Diamond Corporation has announced its entry into an agreement to sell 3 million common shares of the corporation at C$25 per share. Net proceeds are expected to reach C$75 million.

Indian Diamond and jewelry manufacturer and retailer, Gitanjali, has spread its interests to the provision of gold loans and safety deposit boxes through the incorporation of a subsidiary named Mohar Jewels.

Paramount Mining Corporation has announced the recovery of a clear white diamond from a sample associated with an anomalous feature that may represent its volcanic source. The diamond was found at the Wood River Project in Western Australia.

Metalex Ventures and its partners Dianor Resources and Wemindji Exploration have recovered rare purple diamonds in the James Bay region of Quebec. The companies stated that 649 diamonds were recovered, including nine rare purple stones.

During his visit at the Macau International Jewelry and Watch Fair last week, CIBJO President Gaetano Cavalieri spoke of the three rules of practice that industry members must adhere to in order to be part of a responsible business sector