Author: Hilal Oran

Despite lacking any diamond mines of its own, Israel has emerged as a powerhouse in the global diamond market, ranking among the largest exporters of polished diamonds. This thriving sector is a cornerstone of its economy, generating billions each year. Israel sources rough diamonds from African nations like South Africa, Liberia, Congo, and Ivory Coast, where they are expertly cut, polished, and sold to international markets. Through this intricate trade, Israel reaps a staggering $13 billion annually, showcasing its remarkable prowess in the world of gemstones. The industry is not only economically influential but also strategically important to the Israeli…