Israeli Army on Homs Base Strike: It Contained "Active Military Capabilities"
The continued Israeli airstrikes on Syrian military sites reflect escalating regional tensions, amid the absence of a decisive response from Damascus, raising questions about the future of the confron
March 25, 2025, 6:15 pm

Israeli Army on Homs Base Strike: It Contained

الطيران الإسرائيلي _ أرشيف

The Israeli army announced on Tuesday that it had carried out airstrikes targeting Syrian military positions in Homs province, stating that these sites contained "active military capabilities."

In a statement via Telegram, the army explained that the strikes hit the Tadmur and Tiyas (T-4) airbases, adding that the attack was part of what it described as an effort to "weaken the remaining military capabilities" in the area.

The statement noted that the Tiyas Airbase, also known as "T-4 Airbase," is located about 50 kilometers west of Palmyra. It also highlighted that these strikes were not the first of their kind, as Israel had previously targeted the same military airport just days earlier.

According to media sources, the Israeli airstrikes on Palmyra Military Airport took place early Tuesday morning. Outlets such as Al Arabiya and Al Hadath confirmed that this was the second strike within days. Correspondents from the same channels also reported intense Israeli aerial activity over the Syrian capital, Damascus, which could indicate preparations for additional operations.

In a related context, the Israeli army revealed last Friday that it had targeted two military bases in central Syria, one of them in Palmyra, confirming that the strikes hit what it described as the "remaining strategic capabilities" in these bases. The French news agency AFP quoted the Israeli statement as saying that the strikes targeted T-4 Airbase, one of the most significant military airbases west of Palmyra.

In addition to air operations, Israeli forces continue to strengthen their presence in the buffer zone of the occupied Golan Heights. Israeli military sources confirmed that the army has stationed itself in more than ten positions along the demilitarized zone between Syria and Israel since 1974. Israeli units have also advanced into areas surrounding the buffer zone, reaching the eastern side of Mount Hermon.

In this context, Israeli Prime Minister Benjamin Netanyahu emphasized that Israel's movements in the Golan are of a "temporary defensive nature" aimed at countering what he described as potential threats from Syrian territory. However, he added that Israeli forces would remain in these positions until Tel Aviv receives "clear security guarantees" along the border.

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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.