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US officials celebrate Baghdad strike while critics warn of war

The US killing of two key Iraqi and Iranian militia leaders was applauded by many US officials and commentators on Friday, but opposition democrats and analysts warned that the action could trigger a major conflict in the Middle East with unforeseen consequences.
The head of Iran’s elite Quds Forces Gen. Qassem Soleimani and Abu Mahdi al-Mohandes, the deputy commander of Iran-backed militias known as the Popular Mobilization Units, were killed in a US bombing of Baghdad airport overnight.
US Secretary of State Mike Pompeo shared a video on Twitter of Iraqis allegedly dancing in the streets in celebration.
https://twitter.com/SecPompeo/status/1212955403077767168
Republican Senator Ted Cruz took to Twitter to say: “The end of Qassem Soleimani is welcome and long-overdue justice for the thousands of Americans killed or wounded by his Iranian-controlled forces across the Middle East, and for the hundreds of thousands of Syrians and Iraqi Sunnis ethnically cleansed by his militias.”
The Pentagon confirmed that strikes killed eight people, including Soleimani and al-Mohandes, and were the latest in an escalating tit-for-tat fight with Iranian proxy militias in Iraq, which killed an American in a rocket attack on an Iraqi airbase one week ago.
The US Department of Defense justified the attack saying that it “was aimed at deterring future Iranian attack plans”.
“General Soleimani was actively developing plans to attack American diplomats and service members in Iraq and throughout the region. General Soleimani and his Quds Force were responsible for the deaths of hundreds of American and coalition service members and the wounding of thousands more,” it said in a statement.
Opposition Democrat Joe Biden said no American would mourn the death of Soleimani. However, he added a warning on the consequences of such a high-profile assassination.
“President Trump just tossed a stick of dynamite into a tinderbox and he owes the American people an explanation of the strategy and plans to keep safe our troops and embassy personnel, our people and our interests, both here and abroad. … We could be on the brink of major conflict in the Middle East.”
“I hope the administration has thought through the second- and third-order consequences of the path they have chosen.”
Richard N Haas, President of the Council on Foreign Relations, an independent US think tank, wrote on Twitter: “Make no mistake: any war with Iran will not look like the 1990 Gulf war or the 2003 Iraq wars. It will be fought throughout the region with a wide range of tools vs a wide range of civilian, economic and military targets. The region (and possibly the world) will be the battlefield.”
source: Tamara Abueish
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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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