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Russia Warns of Threat from Foreign Military Presence in Ukraine

The official spokesperson for the Russian Ministry of Foreign Affairs, Maria Zakharova, confirmed that any foreign military presence in Ukraine would be considered by the Kremlin a threat to Russia, which could lead to direct conflict with NATO (North Atlantic Treaty Organization).
In her statements on Wednesday, Zakharova said, "We would like to remind you that any foreign presence in Ukraine, regardless of the flag, statements, or announced mandates, will be considered by Russia a threat to our country's security, which carries the risk of direct confrontation between participants in such alleged missions from NATO members, thus leading to a comprehensive conflict with our state."
Zakharova added that the regime of Ukrainian President Volodymyr Zelensky "is expecting concrete steps from its European allies to send their troops, which practically means these countries entering the conflict to support the Kyiv regime." She noted that Western countries have not made decisions in this regard so far, raising concerns for Zelensky's regime.
Earlier, Russian Foreign Minister Sergey Lavrov confirmed that the presence of NATO forces under any flag and in any capacity on Ukrainian territory poses a threat to Russia, emphasizing that Moscow will not accept this under any circumstances.
In a related context, Chinese Foreign Ministry spokesman, Lin Jian, stated that China has not sent soldiers to participate in the Ukrainian conflict, adding that the authorities in Beijing request their citizens to avoid engaging in combat operations.
In response to a question from a Ukrainian journalist, Jian clarified: "The Chinese government has always requested its citizens to stay away from the area of armed conflict (in Ukraine) and to avoid engagement in any form, especially refraining from participating in military operations on behalf of either side." He added that Beijing is investigating reports regarding claims of Chinese citizens participating in the special Russian military operation.
Ukrainian President Volodymyr Zelensky announced on Tuesday that his forces had detained Chinese citizens fighting alongside Russian troops, asserting that Kyiv is seeking "clarification" from Beijing and a "response" from its Western allies.
Ukraine summoned the Chinese ambassador following the detention of these citizens. Zelensky explained in a social media post, accompanied by a video of one of the detainees, that "our army has detained Chinese citizens who were fighting among the Russian army on Ukrainian territory, in the Donetsk region. We have the detainees' documents, their bank cards, and their personal information."
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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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