Top universities in Britain refuse full face-to-face teaching in autumn
August 9, 2021, 6:09 am

Top universities in Britain refuse full face-to-face teaching in autumn

corona

The Xinhua reported according to UK local media reported Sunday that many of the top universities in Britain have refused to bring back full face-to-face teaching in the autumn, despite government advice that they can lift all COVID-19 restrictions.

The Xinhua said according to The Sunday Times report, 20 of the leading 24 Russell Group universities said a proportion of undergraduate teaching will continue to be held online, which means they will offer blended learning to mix the online and face-to-face teaching for classes, seminars and lectures.

Meanwhile, two-thirds of the 65 universities polled by the Times Higher Education magazine confirmed that most lectures would remain online for the coming academic year, but that they planned as much in-person teaching as possible.

They said the decisions were driven by the risk of coronavirus spreading in large lecture classrooms, as well as the educational benefits of blended learning.

Most universities said they would require students to wear masks on campuses. Some will also instruct students to socially distance. Students may also need to be double jabbed to attend concerts, discos or other social events.

The decision has dismayed college students who coped with severe disruption last year.

Students in Manchester, Leeds and Liverpool have launched petitions calling for a full return to "normality in terms of teaching" and demanding fee refunds. In Manchester, where some of the strictest lockdowns took place, nearly 10,000 have signed.

Claire Marchant, chief executive of the universities admissions service Ucas, said that online teaching might mean that universities could enrol more students.

It was predicted that top universities in Britain have to cope with a 10-percent surge of applicants with A and A+ grades, compared to 2019, due to the cancellation of college entrance exams in the pandemic.

Most COVID-19 restrictions in England have been lifted last month as part of the final step of the British government's roadmap out of the lockdown.

Britain has reported another 28,612 coronavirus cases in the 24-hour period, bringing the total number of coronavirus cases in the country to 6,042,252, according to official figures released Saturday.

Nearly 90 percent of the adults in Britain have had their first dose of vaccine, while more than 74 percent have had their second jab, according to the latest figures.

To bring life back to normal, countries such as Britain, China, Russia, the United States as well as the European Union have been racing against time to roll out coronavirus vaccines.

Source: xinhua

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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.