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14 bodies recovered as wreckage of missing Nepal plane found in mountains

The Arabnews reported, citing the AFP, Nepali rescuers pulled 14 bodies on Monday (May 30) from the mangled wreckage of a passenger plane strewn across a mountainside that went missing in the Himalayas with 22 people on board.
Air traffic control lost contact with the Twin Otter aircraft operated by Nepali carrier Tara Air shortly after taking off from Pokhara in western Nepal on Sunday morning headed for Jomsom, a popular trekking destination.
Helicopters operated by the military and private firms scoured the remote mountainous area all day Sunday, aided by teams on foot, but called off the search when night fell, as bad weather hampered the recovery operation at around 3,800-4,000 meters (12,500-13,000 feet) above sea level.

After the search resumed on Monday (May 30), the army shared on social media a photo of aircraft parts and other debris littering a sheer mountainside including a wing with the registration number 9N-AET clearly visible.
Four Indians were on board as well as two Germans, with the remainder Nepalis. There was no word on the cause of the crash.
The Civil Aviation Authority confirmed that the plane “met an accident” at 14,500 feet (4,420 meters) in the Sanosware area of Thasang rural municipality in Mustang district.
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Authority spokesman Deo Chandra Lal Karn said: “Fourteen bodies have been recovered so far, search continues for the remaining. The weather is very bad but we were able to take a team to the crash site. No other flight has been possible."
Pokhara Airport spokesman Dev Raj Subedi said the rescuers had followed GPS, mobile and satellite signals to narrow down the location.
Pradeep Gauchan, a local official, said that the wreckage was at a height of around 3,800-4,000 meters (12,500-13,000 feet) above sea level.
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Gauchan said earlier in the day: “It is very difficult to reach there by foot. One team has been dropped close to the area by a helicopter but it is cloudy right now so flights have not been possible. Helicopters are on standby waiting for the clouds to clear."
According to the Aviation Safety Network website, the aircraft was made by Canada’s de Havilland and made its first flight more than 40 years ago in 1979.
Tara Air is a subsidiary of Yeti Airlines, a privately owned domestic carrier that services many remote destinations across Nepal.
Source: arabnews
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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