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Iran Revolutionary Guard colonel Sayyad Khodaei assassinated

Iranian state media reported on Sunday (May 22) that Sayyad Khodaei, a colonel in the Islamic Revolutionary Guard Corps’ elite foreign operations squad, the Quds Force, has been shot dead by a pair of motorcycle-mounted assassins outside his home on Mojahedin-e Eslam Street in Tehran.
The We For News reported that Sayyad Khodaei was shot five times while sitting in his car in broad daylight on the street, which is considered a secure area and located near the Iranian parliament.
His body was discovered by his wife, and the Tehran prosecutor quickly appeared on the scene to call for a thorough and rapid police investigation.
Iranian Foreign Ministry Spokesman Saeed Khatibzadeh condemned the terrorist operation in Tehran that led to the martyrdom of Sayyad Khodaei, an honored Islamic Revolution Guards Corps (IRGC) colonel.https://t.co/k0rTrOSzkv pic.twitter.com/c80u1rdQuH
— Iran Foreign Ministry 🇮🇷 (@IRIMFA_EN) May 23, 2022
The IRGC decried Sayyad Khodaei’s murder as a “terrorist act” and blamed “elements linked to global arrogance” for the crime, a reference to the US, Israel and their allies. He was described as a “defender of the shrines,” meaning he fought with the Quds Force in Syria and Iraq.
Iranian Foreign Ministry spokesperson Saeed Khatibzadeh said following the announcement of Khodaei’s killing: “The sworn enemies of the holy system of the Islamic Republic of Iran once again showed their evil nature with the assassination and martyrdom of one of the members of the IRGC troops."
Iran state media: Revolutionary Guards general unhurt after gunmen opened fire on his car
No one had claimed responsibility for the attack as of Sunday night, and the motive for the slaying is not known. It was the most high-profile killing in Tehran since the murder of nuclear scientist Mohsen Fakhrizadeh in 2020.
Earlier that same year, Quds Force commander Major General Qassem Soleimani was assassinated in a US airstrike at Baghdad Airport that also killed Abu Mahdi al-Muhandis, deputy commander of the Popular Mobilization Forces in Iraq.
Outrage as Iran’s Revolutionary Guard Corps display weapons at defense show in Qatar
While the IRGC and Ministry of Intelligence reportedly arrested members of an Israeli intelligence network on Sunday, releasing a statement claiming the agents “attempted to steal and destroy personal and public property, kidnap and obtain fake confessions through a network of thugs,” no evidence has been produced linking the two incidents. Israel has refused to comment on either matter.
Source: wefornews
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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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