Dozens of refugees are believed to be missing after boat sinks off Greek island
December 22, 2021, 11:19 am

Dozens of refugees are believed to be missing after boat sinks off Greek island

Refugees-Escape/Pixabay

The Guardian reported that Greece’s coastguard says dozens of people are believed to be missing after a boat sank off the coast of the island of Folegandros.

A large search and rescue operation was launched early on Wednesday after the boat sank 112 miles (180 km) south-east of Athens. The coastguard said 12 people, all believed to be from Iraq, had been rescued and transported to the nearby island of Santorini.

Survivors said there were originally 32 people on the boat, but one told authorities there were about 50.

The coastguard said four coastguard vessels, two helicopters from the navy and air force, a military transport plane, five passing ships and three private vessels were participating in the search and rescue operation.

Coastguard spokesman Nikos Kokkalas told state-run ERT television: “The survivors made it on to a dinghy that was tethered to the boat. Only two of them were wearing life jackets."

“We always presume the worst-case scenario, in this that 50 people were on the boat.”

The coastguard said the operation began on Tuesday night after it received information that a vessel carrying migrants had suffered engine failure and began taking on water south of Folegandros.

Italian project that has hosted 113 refugees is to expand nationwide

The Forgotten Refugees

Pregnant refugees who arrive in Britain not being seen by doctors for weeks after arrival

The Guardian mentioned that Greece is one of the most popular routes into the European Union for people fleeing conflict and poverty in Asia, the Middle East and Africa. Most attempt to cross in dinghies from the Turkish shore to the nearby eastern Aegean Greek islands.

But with increased patrols and allegations of summary deportations back to Turkey for those who arrive, many have been attempting lengthier routes on larger vessels. Folegandros, one of the southern islands in the Cyclades, is not along a usual route for migrant smugglers.

It should be noted that other vessels have bypassed the Greek islands and headed directly from the Turkish coast to Italy.

Source: theguardian

Covid self-isolation period cut to seven days with negative test results in England Lebanon's total confirmed cases of Omicron COVID-19 variant rose to 29

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.