UAE, Sharjah, 14 Aug 2025 – For over four decades, Al Marwan Development has been more than a builder; we have been the architects of Sharjah’s modern identity. From pioneering infrastructure to crafting distinguished residential, commercial, and hospitality projects, our legacy is defined by quality that stands the test of time and communities that thrive for generations.
Daily Archives: August 14, 2025
Talk 100.3 Kicks Off Historic Season as Exclusive Radio Home of the English Premier League in the UAE
Dubai, UAE – 14th August 2025: Football fever officially took over Dubai today as Talk 100.3, part of the Fun Asia Global Media Network, celebrated the launch of its exclusive partnership to broadcast the English Premier League (EPL) live across the UAE. This marks the first time in the region’s history that fans can experience every EPL match, complete with expert commentary and analysis, live on UAE radio.
The landmark moment was commemorated at the EPL x Talk 100.3 Press Conference held at the Belgian Café, Dubai Festival City, bringing together an elite panel of footballing voices and media representatives.
Continue reading Talk 100.3 Kicks Off Historic Season as Exclusive Radio Home of the English Premier League in the UAEThird edition of the DP World ILT20 Development Tournament begins on Sunday, 24 August
Six teams will participate in the third edition of the development tournament – Abu Dhabi Knight Riders Development, Desert Vipers Development, Dubai Capitals Development, Gulf Giants Development, MI Emirates Development, and Sharjah Warriorz Development; schedule available below
Player Selection Draft to be held on 18 August at the Dubai International Stadium
The DP World International League T20 Season 4 will begin on Tuesday, 2 December – UAE National Day (Eid-Al-Etihad) with a blockbuster opening, the six-team, 34-match tournament will conclude with the final on Sunday, 4 January 2025
Continue reading Third edition of the DP World ILT20 Development Tournament begins on Sunday, 24 AugustKempinski Hotels Elevates Guest Experience with Strategic Appointments in Wellness, Experiences and Gastronomy
New Team will Drive Innovation Across Global Portfolio
Geneva – 13 August, 2025 –Kempinski Hotels has announced the appointment of three new Vice Presidents – Kristian Toivanen, Aurelia van Lynden and Dan Clayton – to its newly formed product and experience team. Reporting to Chief Product& Experience Officer, Rasha Lababidi, the trio will lead wellness and spa, property and destination guest experiences and gastronomy and concepts, respectively, as part of the broader transformation strategy of Europe’s oldest luxury hospitality group. Kempinski’s product and experience team will be responsible for transformation across the entire lifecycle of bespoke experiences, from creative ideation to design and meticulous planning to flawless execution and continuous enhancement.
Salik Reports AED 1.53 billion Revenue in H1 2025, Up 39.5% YoY; FY 2025 Guidance Upgraded
Board Proposes Dividend of AED 770.9 million (AED0.10278 per share)
EBITDA of AED 1.07 billion in H1 2025,up 44.2% YoY
Total chargeable trips reached318.4million in H1 2025
Net profit for the periodgrew41.5% YoYto AED 770.9 million
13August2025: Salik Company PJSC (“Salik” or the“Company”), Dubai’s exclusive toll gate operator, today announced its financial results for the three-monthand six-month periods ended June 30, 2025 (“Q2 2025” and “H1 2025”). Total revenue for H1 2025 increased 39.5% YoY to AED 1,527.3 million, supported by a 45.6% YoY increase inQ2 2025. EBITDA grew 44.2% in H1 2025 to AED 1,065.0 million with an EBITDA margin of69.7%.The solid results were driven by the two new gates introduced in November 2024 amidst an overall positive macro environment and the implementation of variable pricing which came into effect at the end of January 2025, with Q2 marking the first full quarter of the new variable pricing system. InSalik’score tolling business, total chargeable trips reached 318.4 million in H1 2025, with total chargeable tripsof160.4 million in Q2 2025, a 1.6%increase versus 158.0 million in Q1 2025. This was despite Q1 being a seasonally stronger period for Salik compared to Q2, alongside the redistribution of traffic during the Ramadan period in Q1. In view of the strongfirst half results, the Board of Directors have recommended a cash dividend of AED 770.9 million, equivalent to 10.278 fils per share, representing 100% of H1 2025 profit.
Continue reading Salik Reports AED 1.53 billion Revenue in H1 2025, Up 39.5% YoY; FY 2025 Guidance Upgraded
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