Ukrainian troops begin training in Britain as Boris Johnson steps up support
April 22, 2022, 6:46 am

Ukrainian troops begin training in Britain as Boris Johnson steps up support

Today (Apr 9) I met my friend President Zelenskyy in Kyiv as a show of our unwavering support for the people of Ukraine. We're setting out a new package of financial and military aid which is a testament of our commitment to his country's struggle against Russia’s barbaric campaign (File photo: Boris Johnson official Facebook page)

The US News reported, citing Reuters, small number of Ukrainian troops are being trained in Britain for the first time since the start of the Russian invasion as Prime Minister Boris Johnson steps up his military support to help Ukraine fight off its neighbour. Johnson's spokesman said that the troops began training with armoured patrol vehicles donated by Britain this month.

Britain is providing Ukraine with 120 armoured patrol vehicles, including the Mastiff, which can be used as a reconnaissance or patrol vehicle.The spokesman said Britain, in conjunction with its allies, was providing new types of equipment to Ukrainian soldiers that they may not have used before.

The spokesman said; "It is only sensible that they get requisite training to make best use of it. We are always conscious of anything perceived to be escalatory but clearly what is escalatory is the actions of (Vladimir) Putin’s regime."

National Guard of Ukraine (File photo: Euromaidan Press)

Johnson, under pressure over parties at his Downing Street residence during the coronavirus lockdown restrictions, has been at the forefront of efforts to supply Ukraine with military equipment since the start of the war.

Boris Johnson says Ukraine peace talks are doomed because of 'crocodile' Putin

The British leader has established close ties with Ukrainian President Volodymyr Zelenskiy, talking to him regularly by phone and visiting him in Kyiv.

Members of the Ukrainian government visited a military camp in April on Britain's Salisbury Plain where they were shown demonstrations of equipment, followed by discussions on how the government can supply weapons.Britain's military has been training Ukrainian forces since the 2014 annexation of Crimea. They were withdrawn in February to avoid direct conflict with Russian forces and the possibility of NATO being drawn into the conflict.

Since the start of the war, Britain has provided Ukraine with anti-ship, anti-aircraft and light anti-tank weapons, which have proved useful for mobile Ukrainian fighters to use against Russia's armoured vehicles.

Russian defense minister claims army has taken control of Ukraine's besieged port city of Mariupol

The United States military is also training Ukrainian troops on using howitzer artillery while Britain is training Ukrainians in Poland to use anti-aircraft weapons.

Source: usnews

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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.