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Crisis of the Intellectual or Crisis of the Regime?

Since the establishment of many countries in the Middle East, especially those formed as a result of the Sykes-Picot Agreement and its imposed maps through British, French, and Turkish scalpel, the systems that emerged from it have suffered and continue to suffer from a compounded complex between state identity and the crisis of its political and cultural elite, as well as the concept of citizenship and belonging. Among the most prominent manifestations of this complex are the bloody changes in the political systems that have ruled them since the mid-20th century to this day, due to attempts to monopolize power and impose authoritarian regimes, whether national, religious, or sectarian. This has put cultural and intellectual elites in a state of astonishment, confusion, frustration, and embarrassment bordering on absurdity, leading to severe fragmentation and division among these elites up to the present day, especially after they were overwhelmed by the storm of what was termed the "Arab Spring" or those that fell as a result of foreign occupation, exposing their realities and unveiling the vast amount of humiliation inflicted upon their peoples, which were sedated by false slogans propagated through media apparatuses that reduced nations to individuals and parties. This resulted in the collapse of those states and regimes in just a few days, accompanied by chaos and looting of public wealth wherever it was found.
Cultural, artistic, and scientific elites suffered from significant challenges during the rule of these authoritarian regimes. For many reasons related to the tyranny and despotism of the ruling systems, as well as the nature of nomadic, agricultural, and tribal societies, they found themselves, like the other segments of society, intertwined with the regime and its symbols against a backdrop of inherited accumulations tied to the intellectual memory associated with social systems and their rural and tribal structures and symbols. This led some intellectuals to believe that the ruling regime was the only savior of the nation or the people from the fractures and defeats they experienced. Consequently, their pens, voices, brushes, or quills wrote, painted, sang, and played in praise of the regime, believing that they were glorifying their art, freedom, and the people they summarized in the figure of a leader or a chieftain, mistakenly thinking he would fulfill all their wishes. Meanwhile, there were also groups of intellectuals and scholars who were imprisoned in horrific prisons, others were eliminated or forced into exile, enduring the tragedies of this forced departure because they rejected and opposed that regime, while others isolated themselves in distant corners away from the spotlight to the extent that they replaced their professions and creativity with jobs and tasks unrelated to culture and its worlds, far from the light and circles of influence.
Amidst this climate of loyalty motivated by fear and rejection, and its resulting consequences, we painfully remember the throngs of Arab intellectuals and others from various specialties and directions in literature, art, thought, law, sports, and science, who used to flock to the leader's palaces and other narcissistic leaders at festivals and events, offering their services in exchange for the generous rewards they received, whether monetary or material, akin to any court poet or the preachers of the sultans.
Without generalization, these regimes and their symbols were supported by other groups, fearful of persecution and the loss of livelihoods. Many of them performed functional work and were largely apolitical, working as any employee in a company or institution without exploitation or harm to anyone. They were countered by another group who refused to yield even an inch of their principles and accepted marginalization, persecution, arrest, or exile. Whether these groups were few or many, they genuinely deserve to be called fighters and heroes of integrity in pride, sacrifice, and the elevation of principles. Among those employees and fighters, there are still groups that truly believe in the leadership and legitimacy of the regime and its symbols on an ideological or doctrinal basis, seeing those who rule them as saviors and liberators of the nation, rooted in their belief in these opinions. They too paid a heavy price because of this after the fall of those regimes.
The painful question today in most of our countries is that both the rejecting and compliant sections of those who truly believed have suffered and continue to suffer persecution and deprivation, as is happening today to hundreds of intellectuals, writers, artists, university professors, and scholars, simply because they believed in the slogans of that era and collaborated with its regimes in one way or another, without having harmed a single hair on a citizen's head!
After more than two decades since the bloody changes of the regimes, the troubling question remains whether the alternative democratic systems today will provide a space for those with opinions who are not responsible for any crimes or abuses of power, especially since many of them have realized the truth after the veil was lifted from the evils of the regimes they supported and believed in their proposals. Will the era of black revenge and the pretext of "You were with the regime, and there is no place for you today" end
Kifah Mahmoud
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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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