Lamprell, a leading provider of fabrication, engineering and contracting services to the energy industry based in Sharjah and listed on the London Stock Exchange (symbol: LAM), has won a landmark US$ 225 million (AED 826.5m) contract from UK wind energy developer ScottishPower Renewables. Under the contract, Lamprell will fabricate up to 60 steel foundation jackets for the energy provider’s flagship East ...

Sharjah-headquartered Air Arabia PJSC (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, has confirmed options for five additional Airbus A320 aircraft. The delivery of original contract covering 44 firm orders and 5 options will be completed in 2017. The five new Airbus A320 aircraft will be put into service starting second quarter 2017 backlog and ...

Sharjah hotels and hotel apartments registered a 19 percent increase in room nights booked during the first nine months of 2016, totalling 2.94 million room nights, according to Sharjah Commerce and Tourism Development Authority (SCTDA). The increase in total booked room nights comes in spite of the fact that occupancy rates have remained flat at 62 percent, suggesting that visitors ...