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The Volatile Situation in Iran and the Middle East: A Turning Point for the Regime

The situation in Iran and the Middle East is highly sensitive and on the verge of explosion, with last year’s transformations revealing significant changes in this part of the world. For over 40 years, we have claimed that the Iranian regime’s survival strategy is based on internal repression, exporting extremism and terrorism, and inciting wars. From the very beginning, the strategic bet of the regime has relied on these two elements. Domestically, the regime has depended on repression, while externally, it has focused on igniting wars and exporting its so-called revolution. The mass executions in the early 1980s, the massacre of thirty thousand political prisoners in the summer of 1988, the brutal torture in Iranian prisons, and finally, the bloody suppression of popular uprisings in 2017, 2019, and 2022—these are undeniable facts of absolute repression within the country.
Externally, since Khomeini came to power, we have witnessed direct intervention in Iraq, alongside Khomeini and other leaders' calls for the Iraqi people to rebel against their government, which led to the outbreak of war. After the withdrawal of Iraqi forces from Iran, the regime continued the war until 1988 under the slogan "Liberating Jerusalem through Karbala." Subsequently, it established Hezbollah and began a policy of hostage-taking. After the war, the Quds Force was founded to start forming its proxies in the region. The regime's pursuit of a nuclear bomb is part of this strategy, not only as a deterrent against foreign states but also to ensure the continuity of its interventionist policies in the region.
The significant shift at this stage is that the regime has reached its limits concerning internal repression and regional intervention, leading to the emergence of a counter-trend. A notable characteristic of this period is that the regime has hit a dead end in both areas; repression and regional intervention are no longer as beneficial to it as they once were.
Internally, during the 2022 uprising, colonial forces, their allies, and dissident elements of the regime attempted to prevent the movement from radicalizing sufficiently to overthrow the regime. Their central slogan became "Women, Life, Freedom," instead of "Women, Resistance, Freedom," aiming to avoid radicalizing the movement and shaping change within their interests.
However, the harsh reality is that these movements have not and will not overthrow the regime. The Iranian resistance has affirmed the slogan "Death to the oppressor, whether the Shah or the Leader," which is the most significant political distinction in this context. Beyond these issues, the participation of youth in the uprising marked a significant transformation in society, driven by two factors: first, the Iranian regime's deadlock; and second, the role of forty years of resistance that has established a culture of opposition at the heart of Iranian society.
Socially, this was a monumental shift. In this regard, the 2022 uprising was an expression of social transformation. Coupled with the deadlock facing the regime in the economic realm and the poverty and thousands of living problems endured by the majority of Iranian society, it is clear that the regime is at its weakest point in 45 years. Especially after the uprising, tightening the regime's grip did not help, nor did the advent of certain figures like Pezeshkian. On the contrary, the regime's situation worsened.
For this reason, the regime, led by Khamenei, is trying with all its might to prevent another uprising, knowing that the next uprising will be more radical and widespread while the regime is at its weakest. Khamenei initiated war in the region to prevent another uprising, and this was not from a position of strength. Regardless of intervention mechanisms, it is evident that had the regime lacked the will and desire, the attack on October 7 would not have taken place. Assessments over the past year indicate that the regime has made a significant miscalculation, leading to wrong decisions during this period. Historically, when tyrants reach their final stages, they commit mistakes that observers may not initially comprehend, perceiving the dictator’s movements as signs of strength, when the reality is otherwise.
The regime's initial assessment was that this attack would deal a decisive blow and would face a limited reaction from the other side, believing that an agreement would be reached after two months, and that following this blow, it would attain a higher status in the region, gain greater concessions from the West to compensate for the defeat it encountered in the 2022 uprising, prevent another uprising, and exploit appeasement politics to obtain concessions for solving some of its internal problems.
Thus, what is currently happening, which we consider an unprecedented situation over the past 45 years, is the reality that both foundational pillars of the regime's survival—internal repression and the policy of war—have sustained substantial blows, rendering the regime more fragile than ever.
**Lavant: Farid Mahouchi**
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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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