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Turkish forces intensify bombardment around Syrian town

Turkish forces stepped up their bombardment around a town in northeast Syria on Saturday, the fourth day of an offensive against Kurdish-led forces, after US troops in the region came under artillery fire from Turkish positions.
The US has ramped up its efforts to persuade Ankara to halt the incursion against the US-backed Syrian Democratic Forces (SDF), saying Ankara was causing “great harm” to ties and could face sanctions.
Turkey opened its offensive after US President Donald Trump spoke by phone on Sunday with Turkey’s President Tayyip Erdogan and withdrew US troops who had been fighting alongside the SDF.
On Friday evening, Erdogan dismissed mounting international criticism of the operation and said Turkey “will not stop it, no matter what anyone says.”
On the frontlines, thick plumes of smoke rose around Syria’s Ras al-Ain, one of two border towns targeted in the offensive, as Turkish artillery targeted the area on Saturday, said a Reuters reporter across the frontier in the Turkish town of Ceylanpinar.
Intense gunfire also resounded from within the town of Ras al-Ain itself, while warplanes could be heard flying overhead, he said.
It was quieter at Tel Abyad, the operation’s other main target some 120 km (75 miles) to the west, with only occasional shell fire heard in the area, another Reuters reporter said.
Earlier, the Pentagon said none of its soldiers were wounded in the Turkish artillery fire near Syria’s Kobani, some 60 kilometer (37 miles) west of the main area of conflict.
Turkey’s Defense Ministry said its forces did not open fire at the US base and took all precautions to prevent any harm to it while it was responding to fire from a nearby area by the Kurdish YPG militia, which Ankara regards as a terrorist group.
A war monitor gave a death toll of more than 100 from the first days of the assault. The UN said 100,000 people had fled their homes.
On Saturday morning, Turkey’s Defense Ministry said that 415 YPG militants had been “neutralized” since the operation began, a term that commonly means killed.
ISIS
The SDF, with the Kurdish YPG as its main fighting element, now holds most of the territory that once made up ISIS’ so-called “caliphate” in Syria, and has been keeping thousands of fighters from the extremist group in jail and tens of thousands of their family members in camps.
Kurdish-led forces say the Turkish assault could allow the jihadist group to re-emerge as some of its followers were escaping from prisons.
In its first big attack since the assault began on Tuesday, ISIS claimed responsibility for a deadly car bomb in Qamishli, the largest city in the Kurdish-held area, even as the city came under Turkish shelling.
Five ISIS fighters fled a jail there, and foreign women from the group being held in a camp torched tents and attacked guards with sticks and stones, the SDF said.
US lawmakers introduced more legislation on Friday seeking stiff sanctions on Turkey over the offensive, underscoring unhappiness from both Democrats and President Trump’s fellow Republicans in Congress over his Syria policy.
US military officials denied lawmakers’ accusations that the Trump administration had abandoned US allies to a Turkish military onslaught. Ankara says it aims to defeat the YPG, which it sees as an enemy for its links to militants who have fought a decades-old insurgency in Turkey for Kurdish autonomy.
US Treasury Secretary Steven Mnuchin said Trump had authorized the drafting of “very significant” new sanctions against Turkey, a NATO ally. Washington was not activating the curbs now but would do so if necessary, Mnuchin said.
Turkey aims to set up a “safe zone” inside Syria, where it can resettle many of the 3.6 million refugees it has been hosting. Erdogan threatened to send refugees to Europe if the European Union did not back his assault, prompting a furious response from the EU.
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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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