Egyptian government releases 41 prisoners a week before the Eid Holiday
April 25, 2022, 6:51 pm

Egyptian government releases 41 prisoners a week before the Eid Holiday

Egypt released 41 prisoners on Sunday (Apr 24), a week before the end of the Muslim holy month of Ramadan (Photo Pixabay)

The Voice of America reported, an Egyptian political party and state-run media said that Egypt released more than three dozen prisoners on Sunday (Apr 24), a week before the end of the Muslim holy month of Ramadan, which is typically a time of amnesty.

Political activists and family members confirmed several high-profile detainees were freed.

The Reform and Development Party said those freed had been political prisoners being held in pre-trial detention. The English edition of the state-run newspaper Al-Ahram said 41 prisoners in all were released.

The government's human rights body said in a statement only that there had been a release of individuals held in pre-trial detention but gave no details.

The move came a week before the Eid holiday marking the end of Ramadan. It is typically a time when prisoners are released on presidential pardons, but the number of those freed was one of the largest in recent years. Thousands of political prisoners, however, are estimated to remain inside Egypt's jails, many without trial.

Ramadan pastry in Desouk, Egypt (Photo: Pixabay)

Among the released was political activist Waleed Shawky, his wife, Heba Anees, said on social media. She posted a picture of the couple hugging.

Journalist Mohamed Salah was also released, activist Esraa Abdel Fattah said. And Nabeh Elganadi, a human rights lawyer, posted a picture with Radwa Mohamed, who was arrested after making videos posted on social media criticizing President Abdel Fattah el-Sissi.

Egyptian activist Alaa Abdel Fattah launches hunger strike in prison

Under broad counterterrorism laws, Egypt's state prosecutors have often used vague charges to renew 15-day pretrial detention periods for months or years, often with little evidence.

On Sunday (Apr 24), Sanaa Seif, the sister of one of Egypt's most high-profile detained activists, Alaa Abdel Fattah, said her brother had faced new ill-treatment in prison and he was on the 22th day of a hunger strike.

Meanwhile, new arrests are still taking place. On Saturday, the human rights lawyer Khaled Ali said several men in the country's south had been arrested and accused of spreading lies after they sung a song about rising food prices in a video posted online.

Egypt court hands life sentence to Muslim Brotherhood's acting leader over national security charges

The government of el-Sissi — a U.S. ally with deep economic ties to European countries — has been relentlessly silencing dissenters and clamping down on independent organizations for years with arrests, detentions and jail sentences, and other restrictions.

The reported noted that many of the top activists involved in the 2011 uprising in Egypt are now in prison, most of them arrested under a draconian law passed in 2013 that effectively bans all street protests.

Source: voa

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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.