A five-story steel and glass building to serve as Israel’s new diamond center–one of the largest in the world–was dedicated here today. The new structure will house diamond cutting and polishing plants with the most modern equipment, banking, postal and diamond control services as well as the country’s diamond exchange.
Israel, whose rapidly growing diamond industry is second only to that of Belgium, exported during the first five months of this year, a total of 71,000,000 pounds ($40,000,000) worth of gems–a 35 percent increase over the amount exported during the same period last year.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
