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Ending Houthi militias militarily and disarming them will bring peace

The Asharq Al-Awsat reported, Houthi militia leader Abdul-Malik al-Houthi commemorated the eighth year of war and terrorism, rejecting all international and regional calls for peace and disregarding the inter-Yemeni consultations hosted by the Gulf Cooperation Council (GCC).
Houthi disregarded the tragedies his group caused to Yemenis at the humanitarian, economic, and cultural levels during the past years. Instead, he asked his supporters to continue with levies and mobilizations.
He also determined his conditions for ending the war, announcing that his group should rule the country and the Coalition to Support Legitimacy must stop interfering in Yemeni affairs.
Meanwhile, Yemenis are confident the Houthi group will never stop its military escalation, whether inside the country or through terrorist attacks targeting navigation in the Red Sea and threatening the global economy, including the recent attack on the Aramco facility in Jeddah.
Yemenis are also confident that Houthis do not want peace based on the three references, nor does Iran, which is wagering that the power of arms will subject Yemen to its racist rule.

Observers believe that ending the Houthi militias militarily and disarming them will achieve peace.
Yemeni writer and journalist Ahmed Abbas said that the Houthi militia responds negatively to every call for peace and dialogue.
Speaking to Asharq Al-Awsat, Abbas said that the Gulf Cooperation Council's invitation to the militia to attend the upcoming Riyadh consultations was met with the military escalation and attacks against civilians in Saudi Arabia.
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He indicated that the group attacked oil facilities, unaware of the threat this poses to the global economy, and fully aware that it will only be met with timid condemnations from the international community.
Iran awaits the nuclear agreement that will lift the economic sanctions, said Abbas, adding that Tehran incited the Houthis to pressure and achieve the maximum in its nuclear plans, which would have been finalized hadn't it been for the Russian-Ukrainian crisis.
He explained that the attacks were focused on oil facilities, sending a message to the international community that Iranian oil can compensate any shortages caused by the embargo on Russian oil and gas.
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The journalist noted that the legitimacy and the coalition supporting it must utilize new mechanisms to pressure the international community because the threat of the Houthi group "can only be curbed or reduced through getting rid of it and uprooting it."
Abbas expects the new nuclear agreement to liberate Iran economically and increase its support for all its arms, especially the Houthis.
Yemeni political analyst, Mahmoud al-Taher, believes that the unprecedented Houthi escalation against energy supplies is related to "Western pressures on oil exporters to increase production, as a result of the crisis in Western markets, and the lack of a firm response by the international community, which encouraged the Houthis to launch more attacks."
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In an interview with Asharq Al-Awsat, Taher stated that the Houthis reject any dialogue in Riyadh and ignore other Yemeni political components.
Houthis want the dialogue to be with the Coalition that Supports Legitimacy directly, to portray that the war is with these countries, not between the Yemeni people and a group that has turned against the people, according to Taher.
The analyst asserted that the Houthi escalation would only be contained by neutralizing the danger and launching a ground military operation with heavy air support, similar to the ground military operations in Shabwa and Harib last January.
Yemeni journalist and political analyst Wadah al-Jalil considered the Houthi escalation a challenge to the international community in light of the current energy crisis due to the war in Ukraine.
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He told Asharq Al-Awsat that Houthis want all parties to make concessions, recognize them, and enable them to carry out their project, adding that Iran is behind the hostilities aiming to confirm its power, presence, and ability to harm everyone's interests.
Jalil said that Iran wants to send a message that it can target all oil facilities in the region, noting that he believes international actors involved in the Russian-Ukrainian crisis may have given the "green light" for the attacks, aiming that Saudi Arabia and the UAE will increase their oil production to alleviate the problem.
He accused the parties of exploiting Houthis to blackmail the two Gulf states, providing logistical support, and enabling them to expand their influence.
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Jalil believes that the best way to end the Houthi escalation is through a firm and decisive confrontation with the Houthis and classifying them as a terrorist group.
He called for withdrawing all the group's privileges obtained through UN organizations and bodies operating in its control areas, enabling the Yemeni government to restore its sovereignty.
SourceL: aawsat
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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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