To address the challenging market conditions, the company is taking several cash preservation measures.

Archaeologists have much more to learn about a city that once thrummed with life. Many of the buildings that housed people ...

Amid continued weakness in the diamond market, London-listed Petra Diamonds has decided to place its Finsch mine, in South ...

Petra Diamonds is putting one of its two mines into a business restructuring process and is considering job cuts across the rest of the company, as falling diamond prices and a strong rand erode ...

The flooding in Petra occurred suddenly, catching tourists at prominent sites such as the Treasury, one of the site's iconic tombs. Jordanian authorities evacuated nearly 1,800 tourists from the ...

The crisis engulfing the global diamond industry has claimed another major casualty. Petra Diamonds, one of Africa’s largest ...

Discover the best time to visit Petra, Jordan’s breathtaking sandstone sensation, and plan your journey to one of the Seven Wonders of the Modern World. ByAlex Ledsom, Senior Contributor. Forbes ...

The Nabataeans built Petra more than 2000 years ago. Not much is known about the Nabataeans, who emerged in Arabia in the 4th century BCE. Originally nomads who spoke Arabic and later a form of ...

"Petra" is the Greek word for "rock." But the Arabic term, al-madina al-ward ah (rose-colored city), far better evokes the beauty of this enigmatic site. Located in western Jordan, Petra was built in ...