Israeli diamond magnate arrested in money laundering case
Police detain diamond magnate Beny Steinmetz and four others on suspicion of money laundering abroad.
Police detain diamond magnate Beny Steinmetz and four others on suspicion of money laundering abroad.
Despite global downward trend Israel continues to see gains in diamond exports, remains among top four nations in industry.
Thousands of companies offering diamonds of every imaginable variety are represented at The Israel Diamond Exchange in Ramat Gan.
A first-ever collaboration between the US and Israel is adding the sparkle of diamonds to the floor of the Israel Stock Exchange next week.
Diamond magnate Beny Steinmetz is Israel’s richest man, replacing members of the famed Ofer family. How rich? $8.1 billion.
A Canadian diamond firm says it has designed a diamond that that can be cut to show the six-pointed Star of David.
The Gemological Institute of America will open a new laboratory facility in the Israeli diamond center in Ramat Gan in early September.