British special forces are training Ukrainian soldiers using the 'French resistance' tactic
August 29, 2022, 8:34 am

British special forces are training Ukrainian soldiers using the 'French resistance' tactic

Thousands of Ukrainian women currently serve in the Ukrainian military - Photo. Euromaidan Press

As Putin's army outmanned the Ukrainian military, trained operatives who were positioned in occupied territory in Ukraine came up with a new strategy.

A network of partisans were activated in late July, following in the footsteps of Ukraine's elite Special Operations Forces who stepped up missions in occupied territories, according to the Express.

Recent attacks have forced Putin's army to spend time and resources defending their rear bases.

In occupied territories like Melitopol, partisans in recent weeks have been setting off small explosions, including the bombing of a car driven by a Ukrainian collaborator, according to reports.

A retired British special forces soldier that has trained Ukrainians told the Financial Times: "That’s what the French resistance did — softening targets and infrastructure."

President Vladimir Putin is in crisis. Ukraine's recent exploits and counterattacks are a complete humiliation as they show that Ukraine is "not a puppet of Russia."

Destroyed college building in occupied Kadiivka that was used by Russians as a military base for at least three months - Euromaidan Press/Photo. via Twitter/@hochu_dodomu

Historian Sergey Radchenko explained that for Ukrainians the current war is an "existential issue" and that negotiations would mean "giving up much of their territory", explaining that the relationship between Russia and Ukraine denied the possibility of an agreement.

Mr Radchenko said Russia "needs to wake up to the idea that Ukraine is an independent state."

Putin orders financial benefits for people arriving in Russia from Ukraine

The Russian president continues to refer to Russia's invasion of Ukraine as a "special military operation." On Ukraine's Independence Day, President Volodymyr Zelensky said his country was "born again" when Russia invaded it six months ago.

With Russia's economy in ``shambles'', President Vladimir Putin , after the war in Ukraine is over, Kyiv will face a deep crisis, whether it is defeated or not, according to experts.

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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.