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Flag at the Heart of the Syrian Revolution: The Story of the Green Revolution Flag

With the onset of protests in Syria in 2011, the Independence Flag, symbolizing the country's freedom from French occupation, emerged as a new emblem for the revolutionaries, replacing the flag of the current regime that has been adopted since 1980.
**A Historical Overview**
Historically, Syria was part of the Ottoman Empire since the Battle of Marj Dabiq in 1516 and remained so until 1918 when the Arab Revolt flag was raised. In 1920, France occupied Syria after the Battle of Maysalun and divided the country. However, in 1932, the Syrian Republic flag was raised for the first time, despite the country still being under French mandate—this is the flag from which today’s armed opposition draws inspiration.
The historical flag consists of three colors: green, representing the Rashidun Caliphate; white, symbolizing the Umayyad Caliphate; and black, representing the Abbasid Caliphate. The three red stars indicated three significant regions in Syria: Aleppo, Damascus, and Deir ez-Zor.
The meanings of the red stars changed in 1936 after the incorporation of the Liwa of Lattakia and the Druze Mountain into Syria, with the first star representing Aleppo, Damascus, and Deir ez-Zor, while the subsequent two stars symbolized the Druze Mountain and the Liwa of Lattakia.
In 1946, Syria officially declared its independence and adopted this flag until the unification with Egypt in 1958, during which the colors were changed to red, white, and black, and the stars were changed from red to green.
After the collapse of the United Arab Republic in 1961, the old Syrian flag was reinstated as a step to remove the remnants of the failed unity. When the Ba'ath Party took over in 1963, the flag underwent several changes, culminating in the adoption of the well-known United Arab Republic flag made up of three horizontal stripes in red, white, and black, with two green stars.
With the beginning of the protests in 2011, the green flag re-emerged, reflecting hopes for independence and freedom, as it was used by demonstrators in various areas during the movement demanding the overthrow of the regime. It was also adopted by the Syrian opposition coalition and the "Free Syrian Army," and utilized by the Syrian Interim Government as well.
The "Syrian Revolution" flag is made up of three horizontal rectangles colored green, white, and black, with three red five-pointed stars in the white rectangle, reflecting deep significances, where the red stars represent the three regions of Syria.
In contrast, the flag raised by the regime consists of the same colors but includes two green stars in the white rectangle, reflecting a different vision of national identity amid the current divisions.
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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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