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Israeli Army Announces New Wave of Attacks on Hezbollah Targets in Lebanon

On Tuesday, the Israeli army announced a new wave of attacks against targets it claims are affiliated with Hezbollah in Lebanon, following a devastating day of airstrikes that killed hundreds and injured thousands.
During a security assessment, Israeli Chief of Staff, Herzl Halevi, stated that Hezbollah should not be granted any respite and that attacks on the group in Lebanon would intensify. Halevi added, "The situation requires intensive and continuous action on all fronts."
In a related context, Israeli army spokesperson Avichai Adraee confirmed on Tuesday that the army conducted a specific airstrike in the Beirut area. According to a correspondent for "Al-Hurra" in Beirut, an Israeli strike targeted a building in the Ghobeiri area of the southern suburbs, with no immediate information available regarding the outcome of this strike at the time of this report.
Lebanese Health Minister Firas Al-Abyad announced on Tuesday that the toll from Israeli airstrikes on southern and eastern Lebanon on Monday has risen to 558, the majority of whom were "civilians," along with more than 1,800 injured. This marks the highest casualty count in a single day since the 2006 war between Israel and Hezbollah.
During a press conference, the minister stated that the updated toll from Monday's airstrikes includes 558 individuals, among them 50 children and 94 women, "the vast majority of whom were innocent civilians inside their homes." He also noted that 1,835 individuals were injured, and that 54 hospitals participated in receiving the wounded yesterday.
A previous report from the Health Ministry late Monday mentioned 492 dead and 1,645 injured due to the airstrikes. Al-Abyad contended that the casualty figures "contradict all Israeli claims that the targeting affects combat forces."
On Monday, the Israeli army stated that it had conducted airstrikes on approximately 1,600 targets in southern Lebanon and the Bekaa region (east). These attacks represented the most intense operations since the escalation between the Israeli army and Hezbollah began in October in the context of the war in Gaza.
In response to the airstrikes, Hezbollah announced that it had fired missiles at Israeli military positions and an explosives factory near Haifa.
Israel carried out an airstrike last Friday on the southern suburbs of Beirut, resulting in the deaths of 16 Hezbollah members, including Ibrahim Aqil, the commander of the Radwan force, the party's elite unit. According to the minister, the death toll from this airstrike has now risen to 55, including seven children, while the previous ministry report had stated 45 fatalities from this strike.
Since October, hundreds of Hezbollah members and Lebanese civilians have been killed, and thousands have been injured due to Israeli bombardment, while dozens of Israeli soldiers and civilians have been killed or injured as a result of Hezbollah's attacks using rockets and drones.
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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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