Boris Johnson: no one wants Afghanistan to become 'breeding ground for terror'
August 16, 2021, 2:25 am

Boris Johnson

According to the BBC, Prime Minister Boris Johnson has said no one wants Afghanistan to become a "breeding ground for terror", as the Taliban enters capital Kabul.

Speaking after a meeting of the emergency Cobra committee, he said the situation "continues to be extremely difficult" and will get even more so.

He called on "like-minded" powers to work together and not recognise any new government without agreement.

The UK Parliament is being recalled on Wednesday to discuss the situation.

Afghan President Ashraf Ghani has fled the country as the militants stand on the brink of taking total control.

Mr Johnson said: The situation is "extremely difficult" in Afghanistan and is "getting more difficult."

"Our priority is to make sure we deliver on our obligations to UK nationals, to all those who have helped the British effort in Afghanistan over 20 years, and to get them out as fast as we can."

Mr Johnson said the British ambassador - who remains in Kabul - was "working around the clock" to do this and has been at the airport processing applications.

The prime minister said he wanted to make sure other like-minded nations did not "prematurely" recognise the Taliban.

He added: "What we're dealing with now is very likely the advent of a new regime in Kabul. We don't know yet exactly what kind of regime it will be".

Reports from Kabul say the Taliban have now seized the presidential palace. It comes after thousands of Afghans sought refuge in the city in recent weeks.

Mr Johnson said the UK would work with the UN Security Council and other Nato countries to stop Afghanistan "lapsing back into terror" and called for an "international effort" from the West.

He admitted the US decision to pull out of the country had "accelerated things" in Afghanistan but said "we've known for a long time this was the way things would go".

The Foreign, Commonwealth and Development Office said the UK has reduced its diplomatic presence but that government staff "continue to work to provide assistance to British nationals and to our Afghan staff".

"We are doing all we can to enable remaining British nationals, who want to leave Afghanistan, to do so," said a spokesperson.

Mr Johnson said the UK was "working very fast" on getting people out of the country, adding: "We certainly have the means at the moment to get them out."

UK defence forces have told the BBC most of the UK's embassy staff have already been flown out of the country on military flights. All commercial flights out of Kabul have now been suspended.

Source: BBC

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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.