Israel: International Diamond Week
Buyers from around the world join diamond manufacturing and trading firms on International Diamond Week as some 1,500 people are expected to trade more than $1 billion of polished diamonds this week. The Israel Diamond Exchange is considered the most secure in the world, covering an area of 100,000 square meters with 3,500 bourse members. Israeli diamonds are sold for over $2,000 per carat. Israel's 2014 annual export of diamonds exceeded $9.3 billion, comprising over 20% of the nation's industrial export.