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Tel Aviv Hints at Expanding Operations to Include Syrian Territory
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Escalating unrest in Lebanon casts its shadow over Syria, potentially prompting Israel to launch military operations inside Syrian territory to undermine Hezbollah and Iran's capabilities

In light of the Israeli military escalation in Lebanon and following the assassination of Hezbollah's Secretary-General Hassan Nasrallah last Friday, attention is focused on Syria to anticipate the fate of Hezbollah elements who were involved in the Syrian conflict alongside Syrian regime forces.
Despite Hezbollah's dominance among Iran-backed armed groups scattered across various parts of Syria, its presence there has become fraught with danger, especially after the elimination of the Secretary-General who had close ties with Maher al-Assad, the commander of the Fourth Division in the army and brother of the Syrian regime's president.
Commenting on this matter, an American researcher specializing in Iranian affairs stated that Syrian territory is of utmost importance to Israel. Tel Aviv will not be content with operations in southern Lebanon alone, as it could penetrate Syrian territory if it senses a direct threat from there.
Nicholas Heras, a senior security researcher at the American Newlines Institute, told Al Arabiya.net that Hezbollah and Iran are positioned in Syria, throughout the country, where Syrian regime forces are deployed. Therefore, Nasrallah's assassination has enormous implications for Syria, even if they are not apparent at the moment.
He also pointed out that Syrian territory is central to Iran's strategy of pressuring Israel, asserting that the Israelis will not limit their operations to southern Lebanon if the Israeli army deems it necessary to destroy the Syrian regime's capabilities to weaken Iran and defeat Hezbollah, hinting at the possibility of expanding Israeli military operations to include Syrian territory.
It's worth noting that Hezbollah has already begun evacuating some of its headquarters in central Syria, such as Palmyra, where it handed over its main center to other pro-Iranian factions after withdrawing its elements to Lebanon to reinforce its front in the south of the country, according to informed Syrian sources told Al Arabiya.net.
The sources denied that the motive behind sending Iran-backed fighters to Syria is to support Hezbollah, emphasizing that the goal is to fill any void after their withdrawal to Lebanon.
They added that the party summoned a number of its advisors and senior leaders to Lebanon following the assassination of its leader and the targeting of their headquarters inside Syrian territory, including a villa owned by Maher al-Assad. They also denied that the Syrian regime president's brother was targeted in an Israeli raid the day before yesterday.
In a related context, researcher and strategic expert Aaron Stein, president of the American Foreign Policy Research Institute, confirmed to Al Arabiya.net that there are no immediate repercussions on Syria following Nasrallah's assassination. He believed that Hezbollah's commitment would remain, especially since Syrian regime forces control their areas by force, and there is nothing left for the party to accomplish on the fronts.
It's noteworthy that with Hezbollah withdrawing some of its fighters, Syrian regime authorities have taken measures to limit the movements of Iran-backed armed groups in the country. The General Intelligence Division in Damascus issued a decision to close four Iranian "recruitment offices" in Aleppo and its countryside last Saturday.
Israel carried out the assassination operation of Hezbollah's Secretary-General, Hassan Nasrallah, last Friday through violent raids targeting a party headquarters in the southern suburb of the capital Beirut, which has sharply inflamed the situation in Lebanon and warned of the possibility of a full-scale war breaking out.
Levant-Al Arabiya
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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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