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Will Coronavirus Kill the Iranian Regime?

Iran is not the only country in the world that has not been able to deal with the Coronavirus well. There is also Italy and, to some extent, Spain and other countries. The difference is that the political leaders in these countries did not justify their inability to conspiracy theories as the regime in Tehran did.
The impotence of the Iranian regime and the miserable way in which it managed the Coronavirus crisis made Iran a hotbed of disease spread, not only within Iran but also to its neighboring countries as well. Kill the Iranian Regime
The onset of infections in countries such as Iraq, Kuwait, UAE, Saudi Arabia, Bahrain, and Afghanistan was the result of the arrival of people carrying the virus from Iran, which at the time denied the outbreak of the disease.
The Iranian regime tried to hide the mess instead of declaring it and taking measures to reduce its effects at an early stage. The leaders in Tehran did not want to admit that there was a crisis at all. They wanted to avoid adding a new crisis to the other internal crises that the country suffers from, especially the catastrophic failure of the legislative elections.
Iranian politicians dealt with the Corona crisis just as they did with the Ukrainian plane that was brought down, hiding information and denial first, and then admitting after their inability to control the information leakage, and the increasing internal and external pressure.
Nevertheless, Iranian politicians did not stop throwing charges against others, especially the United States.
These charges varied between accusing Washington of targeting Iran biologically, to the statement that the US sanctions imposed on Iran are the reason to disrupt the country's ability to deal with the disease. Kill the Iranian Regime
No ground can be found for such accusations. The first one is based on a pure conspiracy theory that has no evidence, especially since the United States itself suffers from the same problem.
As for the sanctions issue, it is worth mentioning that these sanctions did not prevent the Iranian leaders from boasting about developing weapons; or from spending millions to support armed groups in other countries, they did not prevent the authorities from dealing harshly with the protests. Still, from Tehran's point of view, they stopped the state from dealing with the spread of the epidemic. This accusation is just an unacceptable logic.
All countries in the region took better measures than Iran, including countries with limited capabilities, such as Jordan and Lebanon, as well as unstable countries such as Iraq. Therefore, the Iranian people will neither forget nor forgive the ruling regime for the way it managed the crisis. levant
In Italy, too, the people will not forget the government's way of managing the crisis. Still, the difference is that the Italian people can change the ruling parties through democratic channels, but in Iran, the regime will pay a high price that may lead to its total overthrow. levant
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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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