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Challenges facing the new President of Iran, Ebrahim Raisi

He ran in the presidential election four years ago but lost to Hassan Rouhani, but this time, in order not to face any problems, according to Khamenei's behest, all his possible rivals, such as Ali Larijani (former speaker of the parliament) and Mahmoud Ahmadinejad (former 2 terms president), were disqualified by the Guardian Council and were not allowed to run in the elections. As a result, Raisi in a showy election was elected as the seventh president of Iran with only about 10% of eligible voters’ participation, according to credible sources.
Ebrahim Raisi, who was just a young seminary student at the beginning of the 1979 revolution, played an important role in eliminating Khomeini's opponents in the early days, first as a deputy prosecutor and then as a prosecutor. His special contribution in political prisoners’ massacre in 1988 allowed him to rapidly fulfill his ambitions.
On Khomeini's behest (fatwa), right after accepting ceasefire in the eight-years Iran-Iraq war, out of fear that Tehran would fall to Iran National Liberation Army (NLA), the death committee appointed by Khomeini massacred almost all political prisoners refused to accept Khomeini as their leader.
According to eyewitnesses and information released by People’s Mojahedin Organization of Iran (PMOI), more than 30,000 people of whom 90% were members and supporters of PMOI, were executed during this bloody purge.
The role of Ebrahim Raisi as one of those who issued these rulings was revealed by Ayatollah Hossein Ali Montazeri, who was Khomeini's successor at the time but opposed to this massacre. Montazeri was punished for his view and ousted by Khomeini, and after Khomeini's death, Khamenei was appointed as Khomeini's successor.
After Khamenei became the supreme leader of Mullahs’ regime in Iran, Ebrahim Raisi continued to climb the ladder of promotion because of his absolute obedience of Khamenei and was appointed to important positions such as the head of one of the richest financial institutions of the regime called Astan Quds Razavi. After Raisi’s defeat in the 2017 elections, Khamenei appointed him as the head of the judiciary, which is one of the levers of power in the Iranian regime, so that he could suppress his opponents.

Raisi was in this position until recently even after his victory in the recent elections!
But according to many experts, we have now reached the end of the path that Raisi has taken. Because although Khamenei, who is now 82 years old and in poor health, is looking for a successor, the Iranian regime is about to fall. And Raisi will not be able to get the regime out of this situation. Because, on the one hand, he knows nothing but repression and the issuance of death sentences,(his classical education ended in elementary school). As a result, he is not able to resolve the complex problems that Iran has in the current situation, both internally and internationally with the people in charge who are all but self-interested. And on the other hand, he is hated by the Iranian people, as he is called the death judge.
Currently, more than 80% of people who live below the poverty line and above 50% the inflation rate has broken their backs. So much so, that things that were never seen in Iran at all have now become normal, like garbage diving by children, selling body organs such as, kidneys and corneas or even selling children.
Currently lots of factories and production facilities have been shut down or are reporting losses and are about to shut down due to plundering and mismanagement by regime leaders and their affiliates. The educated youth of Iran are mostly unemployed and many are looking to emigrate to other countries. According to the World Bank, Iran annually loses more than $ 50 billion due to the emigration of its university graduates to other countries. To fully appreciate this figure, it should be compared with the annual revenue of Iranian oil, its largest source of income, in 2019 was only $ 20 billion.
Khamenei, with the help of Iran’s Revolutionary Guards Corps (IRGC) to destroy the spirit of resistance in young people pushes them towards drug addiction, as a result, a high percentage of high school girls and boys are now addicted. Access to drugs is easier and cheaper than food.
Class differences in Iran have reached such a level that the middle class has disappeared and while the majority of people live below the poverty line and 38 million people cannot even afford to live in metropolitan areas and have been driven to the outskirts of cities living in shantytowns a small percentage of the population, (250,000 people) have become very rich so that Iran now ranks first in the number of millionaires in the Middle East.
Raisi takes over the government at a time when coronavirus is still raging in Iran, and according to reliable statistics, Iran has suffered the most deaths from the disease in the world compared to its population, and more than 340,000 people have lost their lives so far. The main reason has been the regime's deliberate disregard for Iranians’ lives, and not importing vaccines and not implementing the policies adopted by other countries to prevent the spread of the disease, such as banning traffic or quarantining cities, and so on. According to the Associated Press, less than 3% of the population in Iran has been fully vaccinated, while most countries have vaccinated more than 60% and some countries over 70% of their populations.
These days, we are also witnessing demonstrations and uprisings in different cities in Iran, which began with the uprising of the people of the oil-rich province of Khuzestan. Farmers have lost their agricultural crops and livestock due to water outages and drying up of the province's rivers due to improper dam construction by IRGC affiliates. These protests spread to other provinces in support of the people of Khuzestan. Protesters called for the overthrow of the regime with slogans of death to Khamenei and death to the dictator. Of course, instead of heeding the demands of the people, Khamenei tried to stifle the protests by sending repressive security forces and IRGC, killing and injuring dozens and arresting hundreds more.
These factors and many other problems faced by the people throughout Iran clearly show that this situation cannot continue for a long time, and since this whole regime is corrupt, many experts believe that Raisi will not see the end of his presidential 4-year term and this regime will be toppled by Iranians before that.
by: Cyrus Yaqubi
Cyrus Yaqubi is a Research Analyst and Iranian Foreign Affairs Commentator investigating the social issues and economy of the Middle East countries in general and Iran in particular.
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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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