Do not fight a bully; surrendering to him is better
November 24, 2024, 10:20 am

Do not fight a bully; surrendering to him is better

إبراهيم جلال فضلون (1)

"If you cannot fight a bully, surrendering is the best way," summarizes the events of the relationship between the two adversaries (Trump the ruler and the hypothetical ruler Musk), as expressed by Jeff Bezos. You may never be listed among the most famous great journalists, but you will live to fight the battle another day.

Just as Musk previously laid off thousands of employees at Twitter (now known as X), which some describe as "chaotic"—with drastic staff reductions and a restructuring of the company—when the blue bird, carrying a kitchen sink, entered, he repeated this act hours after Trump’s victory confirmation, publishing a fake image of himself inside the Oval Office while once again holding a kitchen sink! This indicates the potential for tens of thousands of government employees to lose their jobs under Donald Trump, specifically 75% of federal government employees. Musk's experience in reducing platform staff represents a model that could be applied to the federal government, which many see as "draining the swamp" of bureaucracy. This is something that Ram Asvami, a former Republican presidential candidate, described as a "healthy evolution." This could happen through the re-implementation of Trump’s executive order "Schedule F," which removes job protections from certain civil servants.

Experts warn that Musk's appointment to a high position could weaken essential regulatory agencies, and with Trump’s victory... the opportunity is ripe for Musk to direct federal spending. Musk, who leads a group of major global companies such as SpaceX, Tesla, Neuralink, and the X platform, is now closer to stronger ties with the White House administration, which will benefit from massive contracts worth billions of dollars and tax incentives, along with federal regulations that may positively impact his businesses.

Indeed, as Trump described it: “a shock” to the U.S. government system, seeking to reap "risky gains," where the greatest danger to the American nation emerges, far from ISIS, terrorist organizations, and others, in the Middle East, which has collapsed due to the actions and lies of Freemasonry and selfish America, including its leaders. Trump’s arrival seems to be paving the way for another dictator like Musk, as if Musk took it as a phase or manipulated a chess piece as he moved the space world with his companies, aiming for control of the White House and America. Strangely enough, however, Musk cannot be controlled; he doesn’t like orders as Trump does, so will he respond and submit to that? He has already done so, being domineering in achieving his intended goal.

It’s as if I am watching a film about Freemasonry, composed of a single phrase on "X," "Ministry of Government Efficiency," followed by another post, "Threat to Democracy? Of course not... it’s a threat to bureaucracy." His choice to lead the new "Government Efficiency Agency" has sparked widespread debate due to what may be seen as a conflict of interest. However, he interpreted the situation better, transforming in a surreal moment from one of Trump’s moderate critics to a literal advocate of the long-standing president, secretly displaying childlike joy at being part of the mob since the moment he carried a kitchen sink in his hand.

Musk has imposed himself as a judge of the opinions of 350 million people or more after supporting Trump with nearly $119 million and hosting him in an exclusive interview on his social media platform "X." This way, he triumphs somehow in the chaotic space he has created, as if all major media outlets evoke an obsessive disgust and are of no value compared to that platform, making all media a disgrace while he controls matters more and turns the chess pieces to his liking, becoming an increasing threat due to his relationship with the new president and his controversial communications with Russia, along with his growing political and economic influence through his companies.

Undoubtedly, it is a ludicrously exaggerated idea, reminding us of our finest Arab films, but virtually presented. Nonetheless, there is something in common between the personalities of Trump and Musk, as two traders—the first an administrative real estate developer and the other a technical manager, as director Armando Ianucci seized this moment to launch a theatrical version of the classic horror-comedy film "Dr. Strangelove," which dates back to the Cold War, featuring a U.S. Air Force general suffering from paranoia who believes that adding fluoride to the U.S. water supply is a Soviet conspiracy aimed at poisoning Americans. He then orders the bombing of Moscow, putting the world on a path towards nuclear annihilation.

In a similar way, the new rulers of the world may place our humanity in reality at risk of a covert war whose extent we will only know through upcoming events.

However, the pressing question now is: who will control whom? Or who will depose whom? Will we reach the point of assassinating one to allow the other to govern? Musk may be

Dr. Ibrahim Jalal Fadloun

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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.