Israel Diamond Exchange
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Israel Diamond Exchange
Israel Diamond Exchange Ltd., located in the Tel Aviv District city of Ramat Gan, Israel, is the world's largest diamond exchange and the centre of Israel's diamond industry. The exchange is a private company that incorporates about 3100 members; these diamantaires are engaged in diamond cutting and trading - marketing, brokerage, import and export. The exchange operates from a complex of four buildings in area known as the Diamond Exchange District; the buildings are connected by bridges creating one complex, which contains the world's largest diamond trading floor; consisting of 1000 office rooms, restaurants, banks, post, and package delivery services. History The first diamond cutting facility in the country was opened in 1937, in Petach Tikva by two cousins Asher Anshel Daskal and Zvi Rosenberg professional diamantairs trained in Antwerp, originally from Romania during the British Mandate. The industry grew over the next seven years, but between 1944 and 1948 it suffere ...
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Bursa07
( grc-gre, Προῦσα, Proûsa, Latin: Prusa, ota, بورسه, Arabic:بورصة) is a city in northwestern Turkey and the administrative center of Bursa Province. The fourth-most populous city in Turkey and second-most populous in the Marmara Region, Bursa is one of the industrial centers of the country. Most of Turkey's automotive production takes place in Bursa. As of 2019, the Metropolitan Province was home to 3,056,120 inhabitants, 2,161,990 of whom lived in the 3 city urban districts (Osmangazi, Yildirim and Nilufer) plus Gursu and Kestel, largely conurbated. Bursa was the first major and second overall capital of the Ottoman State between 1335 and 1363. The city was referred to as (, meaning "God's Gift" in Ottoman Turkish, a name of Persian origin) during the Ottoman period, while a more recent nickname is ("") in reference to the parks and gardens located across its urban fabric, as well as to the vast and richly varied forests of the surrounding region ...
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The Scotsman
''The Scotsman'' is a Scottish compact newspaper and daily news website headquartered in Edinburgh. First established as a radical political paper in 1817, it began daily publication in 1855 and remained a broadsheet until August 2004. Its parent company, JPIMedia, also publishes the ''Edinburgh Evening News''. It had an audited print circulation of 16,349 for July to December 2018. Its website, Scotsman.com, had an average of 138,000 unique visitors a day as of 2017. The title celebrated its bicentenary on 25 January 2017. History ''The Scotsman'' was launched in 1817 as a liberal weekly newspaper by lawyer William Ritchie and customs official Charles Maclaren in response to the "unblushing subservience" of competing newspapers to the Edinburgh establishment. The paper was pledged to "impartiality, firmness and independence". After the abolition of newspaper stamp tax in Scotland in 1855, ''The Scotsman'' was relaunched as a daily newspaper priced at 1d and a circul ...
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Diamond Exchanges
Diamond is a solid form of the element carbon with its atoms arranged in a crystal structure called diamond cubic. Another solid form of carbon known as graphite is the chemically stable form of carbon at room temperature and pressure, but diamond is metastable and converts to it at a negligible rate under those conditions. Diamond has the highest hardness and thermal conductivity of any natural material, properties that are used in major industrial applications such as cutting and polishing tools. They are also the reason that diamond anvil cells can subject materials to pressures found deep in the Earth. Because the arrangement of atoms in diamond is extremely rigid, few types of impurity can contaminate it (two exceptions are boron and nitrogen). Small numbers of defects or impurities (about one per million of lattice atoms) color diamond blue (boron), yellow (nitrogen), brown (defects), green (radiation exposure), purple, pink, orange, or red. Diamond also has a ver ...
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Companies Based In Ramat Gan
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pers ...
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De Beers Group
De Beers Group is an international corporation that specializes in diamond mining, diamond exploitation, diamond retail, diamond trading and industrial diamond manufacturing sectors. The company is active in open-pit, large-scale alluvial and coastal mining. It operates in 35 countries and mining takes place in Botswana, Namibia, South Africa, Canada and Australia. From its inception in 1888 until the start of the 21st century, De Beers controlled 80% to 85% of rough diamond distribution and was considered a monopoly. Competition has since dismantled the complete monopoly; the De Beers Group now sells approximately 29.5% of the world's rough diamond production by value through its global sightholder and auction sales businesses. The company was founded in 1888 by British businessman Cecil Rhodes, who was financed by the South African diamond magnate Alfred Beit and the London-based N M Rothschild & Sons bank. In 1926, Ernest Oppenheimer, a German immigrant to Britain and later ...
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Sightholders
A sightholder is a company on the De Beers Global Sightholder Sales's (DBGSS) list of authorized bulk purchasers of rough diamonds. De Beers Group made this list, the second largest miner of diamonds. DBGSS was previously known as DTC (Diamond Trading Company). In May 2006, DTC released a list of the 93 sightholders on its website. The DTC Sightholder list was further reduced to 79 companies worldwide in December 2007. The list of selected companies for the 2008-2011 contract period was published in April 2008. The DTC list of sightholders for 2021 is as follows; *A. Dalumi Diamonds *Almod Diamonds Ltd. *AMC NV *Ankit Gems Private Limited *Arjav Diamonds NV *Asian Star Company Limited *Chow Sang Sang Jewellery Company Limited *Chow Tai Fook Jewellery Co.Ltd. *Dali Diamond Co. *Dharmanandan Diamonds Pvt Ltd *Diacor International Ltd. *Dianco *Diarough NV *Dimexon International Holding BV *Finestar Jewellery & Diamonds Pvt. Ltd. * Hari Krishna Exports Pvt. Ltd. *Hasenfeld-Stein ...
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Diamond Trading Company
The Diamond Trading Company (DTC) is the rough diamond sales and distribution arm of the De Beers Family of Companies. The DTC sorts, values and sells about 35% of the world’s rough diamonds by value. The DTC has a combination of wholly owned and joint venture operations in South Africa (DTCSA), Botswana (DTCB), Namibia (NDTC) and the United Kingdom (DTC). The DTC sells diamonds that are sourced primarily from De Beers' mining operations in South Africa and Canada, and through its partnerships with the governments of Botswana, Namibia and Tanzania. Sorters in London, Kimberley, Windhoek and Gaborone sort these diamonds into approximately 12,000 different categories based on size, shape, quality and colour. DTC clients are known as Sightholders, and the selection process is based on the outcome of the Supplier of Choice (SoC) Sightholder application and assessment process. DTC Sales in 2009 were $3.84bn. The DTC also develops and produces diamond technology, which ensures cons ...
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Diamond Tower
The Diamond Tower is a skyscraper located in the Tel Aviv District city of Ramat Gan, Israel, containing the world's largest diamond trading hall, accommodating up to 1,000 people. At 115 meters and 32 floors, the tower was the tallest building in Ramat Gan from its completion until 2000, when it was surpassed by the Sheraton City Tower. It was also the tallest building in Israel outside of Tel Aviv upon its completion in 1992. Designed by Eli Gvirtzman, the tower serves as the 'head-tower' of the Israel Diamond Exchange with the first twenty floors serving only diamantaires. See also *List of skyscrapers in Israel *Architecture of Israel *Economy of Israel The economy of Israel is a developed free-market economy. The prosperity of Israel's advanced economy allows the country to have a sophisticated welfare state, a powerful modern military said to possess a nuclear-weapons capability, modern inf ... ReferencesDiamond Tower at Emporis Skyscraper office buildings in Israel ...
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Moshe Schnitzer
Moshe Schnitzer (1921 – August 16, 2007) was a Romanian Jewish immigrant to Israel who became a key player in the international diamond trade. From 1967 to 1993 he was President of the Israel Diamond Exchange (IDE), which became the world's largest diamond exchange. Early years Schnitzer was born in Chernowitz, then in Romania, in 1921. He emigrated to British-ruled Palestine in 1934, and later studied history and philosophy at the Hebrew University of Jerusalem. In 1942, pushed by his father, he entered the diamond business. He left university to work in a diamond polishing plant only under protest. Schnitzer learned sawing and cutting at Pickel's factory in Tel Aviv, where he became a work manager in 1944. In 1945 he and Shlomo Vinikov founded the ''Society for the Development of the Diamond Industry in Palestine''. In 1944 he initiated and became publisher of ''HaYahalom'' (''The Diamond''), the industry's journal, which appears until today. In 1946 Schnitzer and Elhanan H ...
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Trade Association
A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific Industry (economics), industry. An industry trade association participates in public relations activities such as advertising, education, publishing, lobbying, and political donations, but its focus is collaboration between companies. Associations may offer other services, such as producing conferences, holding networking or charitable events, or offering classes or educational materials. Many associations are non-profit organizations governed by bylaws and directed by officers who are also members. In countries with a social market economy, the role of trade associations is often taken by employers' organizations, which also take a role in social dialogue. Political influence One of the primary purposes of trade groups, particularly in the United States, is to attempt to influence p ...
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Clare Hollingworth
Clare Hollingworth (10 October 1911 – 10 January 2017) was an English journalist and author. She was the first war correspondent to report the outbreak of World War II, described as "the scoop of the century". As a rookie reporter for ''The Daily Telegraph'' in 1939, while travelling from Poland to Germany, she spotted and reported German forces massed on the Polish border; ''The Daily Telegraph'' headline read: "1,000 tanks massed on Polish border"; three days later she was the first to report the German invasion of Poland. Hollingworth was appointed OBE by Elizabeth II for "services to journalism" in 1982. She died on 10 January 2017 at the age of 105. Early life Hollingworth was born in 1911 in Knighton, a southern suburb of Leicester, the daughter of Daisy and Albert Hollingworth. During World War I, her father took over the running of his father's footwear factory, and the family moved to a farm near Shepshed. She showed an early interest in becoming a writer, agains ...
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Mandatory Palestine
Mandatory Palestine ( ar, فلسطين الانتدابية '; he, פָּלֶשְׂתִּינָה (א״י) ', where "E.Y." indicates ''’Eretz Yiśrā’ēl'', the Land of Israel) was a geopolitical entity established between 1920 and 1948 in the region of Palestine under the terms of the League of Nations Mandate for Palestine. During the First World War (1914–1918), an Arab uprising against Ottoman rule and the British Empire's Egyptian Expeditionary Force under General Edmund Allenby drove the Ottoman Turks out of the Levant during the Sinai and Palestine Campaign. The United Kingdom had agreed in the McMahon–Hussein Correspondence that it would honour Arab independence if the Arabs revolted against the Ottoman Turks, but the two sides had different interpretations of this agreement, and in the end, the United Kingdom and France divided the area under the Sykes–Picot Agreementan act of betrayal in the eyes of the Arabs. Further complicating the issue was t ...
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