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MI6 chief gives rare public insight into the state of the world

Moore was giving his first public address later that day to the London-based Institute of Strategic Studies and it made sense to do an interview beforehand and to attract attention to his key messages. Obviously there were a good number of references to the latest James Bond film – No Time to Die - and the MI6 chief said he had really enjoyed it – while sensibly avoiding giving too much away - “spoilers” - for people who hadn’t yet seen it.
While Bond’s boss goes by the name M, Moore follows the tradition of being known as C, which stands for the surname of the first head of MI6, who was called Mansfield Cummings, who wrote by hand in green ink. Back then in 1909, that was a dark secret. Moore revealed that he followed C’s tradition of typing computer documents in green.
He also listed China, Russia, Iran and international terrorism as the "Big Four" priorities for western intelligence agencies and as “elements of continuity”. Moore joined Britain’s legendary secret service 34 years ago , in the final period of the Cold War and said he had seen “extraordinary change” since then.
But the principal takeaway from both his BBC interview and speech was that the UK intelligence community needed to do more to reach out and work with tech companies to counter threats posed by Beijing and Moscow who seek to gain advantage by mastering artificial intelligence and other emerging technologies.
It would become necessary to “tap into” the global technology industry, through initiatives such as the UK National Security Investment Fund, which earlier this year put £100m into seven venture capital funds aimed at backing hi-tech start-ups.
“I cannot stress enough what a sea change this is in MI6’s culture, ethos and way of working, since we have traditionally relied primarily on our own capabilities to develop the world-class technologies we need to stay secret and deliver against our mission,” Moore elaborated. “We must become more open to stay secret.”
It is no secret that MI6, like the CIA, has been concerned for some time that China, in particular, could leapfrog the traditional technological advantages enjoyed by the west, and which underpins its intelligence activities. Rapid improvements in Beijing’s cyber capacity over the past five years have led some to conclude it has a capability for global surveillance.“
Both China and Russia are both pouring money and ambition into mastering artificial intelligence (AI), quantum computing and synthetic biology, because they know that mastering these technologies will give them leverage. Synthetic biology gives researchers precision tools to manipulate living organisms. Its emergence has prompted a US warning that its existence “enhances and expands” opportunities to create bioweapons, although – despite the apparent reference to Covid-19 – Britain’s intelligence services believe the most likely scenario is that the disease came to humans via animals.
Russia has also been rapidly developing its hacking capabilities and has been accused by the west of a sophisticated hack of the SolarWinds software to spy on the US government – and of allowing hackers based in the UK to try to extort money from businesses in so-called ransomware attacks. In October it emerged that MI6, along with Britain’s other security agencies, MI5 and GCHQ, had signed a deal with US tech and shopping giant Amazon to host their cloud computing. “Unlike Q in the Bond movies, we cannot do it all in-house,” as Moore explained.
Biometric data and facial recognition, for example, have made it far harder for MI6 officers to assume false identities in hostile countries without being recognised and exposed. Moore also expressed concern that Beijing could make a “miscalculation” due to overconfidence in its own global status. “The tectonic plates are shifting as China’s power and its willingness to assert it grows,” he said. He singled out the Communist regime’s determination to resolve the Taiwan issue, by force if necessary, as “a serious challenge to global stability and peace.”
Moore was the first member of the British secret service to openly use Twitter, when on 2 October 2020 his tweets from his first day as chief of MI6 generated headlines because of their humorous hashtags and emojis. He expressed fulsome thanks to both his BBC interviewer and to the IISS thinktank for hosting his speech.
In the big picture of what is expected to happen, Moore predicted that the world may experience more technological progress in the next decade than in the last century, with a disruptive impact equal to the industrial revolution.
Obviously, given the public nature of his appearances, radical changes in the way MI6 works will not go unnoticed by Britain’s -and other western countries – enemies. When a spymaster speaks out it is naïve to imagine that nobody is listening. But perhaps that was his clandestine intention…
(ENDS)

BU: IAN BLACK
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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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