Petra Diamonds has recovered a 232.08 carat white diamond at its Cullinan mine in South Africa, which three analysts said could fetch between $10 million and $16 million.
Shares in the diamond miner climbed as much as 6.5 percent
A rare 122.52-carat blue diamond found in South Africa could fetch more than $35 million for a London-listed mining company.
Only three or four blue diamonds over 100 carats have ever been recovered, according to Cathy Mallins, co
Bahrain has signed a deal with US-based Petra Solar, a provider of smart energy solutions to the electric supply industry, towards setting up a 5MW solar energy power station in the kingdom in the next nine months.
It could lead to Bahrain
Bahrain News Agency (BNA) has signed a memorandum of understanding with Jordan News Agency (Petra) towards exchanging technical expertise and training BNA staff at the Petra training Centre.
The deal was signed between BNA’s acting directo
Two Mövenpick Resorts in Jordan become the first hotels in the Middle East to win a European Union environmental management certification.
The EU's Eco-Management and Audit Scheme (Emas) is a management tool for companies and other org
Condé Nast readers in the United States have placed the Mövenpick Resort & Spa Dead Sea and Mövenpick Resort Petra in the top ten best resorts in the Middle East.
Earlier in the year readers of Condé Nast Traveller United Kingdom voted
More than 400 eminent personalities from the sciences, environment, government and business communities around the world attended the 2008 Rolex Awards for Enterprise prize-giving ceremony in Dubai last week.
The awards ceremony, traditio
Rolex announced the ten winners of the 2008 Rolex Awards for Enterprise, among whom is Talal Akasheh (Jordan), who has devoted 26 years to documenting the ancient monuments of Petra.
He is now creating an information system that will infor
Peru's Machu Picchu, Jordan's Petra and the Acropolis were among the top contenders to be picked as the new seven Wonders of the World with just a few hours to go in a massive poll to pick the winners.
Voting in what may be the biggest eve