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Hundreds of Thousands... Difficult Living Conditions Face Those Dismissed from Their Jobs in "Syria"
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Administrative restructuring procedures indicate the need to adopt a system that ensures fair distribution of wealth and prevents the monopoly of power and resources in the hands of a limited group of

The deteriorating economic and living conditions continue in Syria following years of conflict and Western sanctions imposed during the term of former Syrian President Bashar al-Assad, where many Syrians are enduring difficult living situations, especially with varying information about the number of those dismissed from their positions after the political change in the country.
The implications of this situation are painfully reflected on families that have lost their livelihood, as many suffer from losing their only source of income after thousands were laid off from their jobs in state service, military, security, educational institutions and other sectors, causing a living dilemma according to what three economic experts pointed out to "Al-Arabiya.net".
The Minister of Finance in the Syrian interim caretaker government, Muhammad Aba Zeid, reported that the number of employees whose names were removed approaches 350,000 after they were appointed based on favoritism and corruption of the previous regime.
While the current actual number of employees is about 900,000, these individuals have not yet received the expected salary increase, which was announced by the government in the first days of taking power, stating it would be 400 percent.
Syrian academic and economic expert Abed Fadila, professor at the Faculty of Economics at Damascus University, explained to "Al-Arabiya.net" that "the 400 percent increase in salaries and wages has not happened yet," adding that "the economic and financial reality does not allow for this increase."
He also clarified that "the economic situation is not good in terms of job opportunities and the very low level of salaries and wages."
He continued, "The employees who are said to have been dismissed are neither dismissed nor fired, but on a paid forced leave for 3 months, pending the examination of each one's file separately, and they are among those suspected of not adhering to attendance in their jobs among the names on the public sector employee lists, which means that ultimately, and as long as they were given a 3-month opportunity, some will be returned to their work if proven to be properly committed to their attendance, and others will be dismissed."
Two economic experts raised doubts about the accuracy of the numbers of excluded employees under the name of "restructuring" institutions, with one stating to "Al-Arabiya.net": "Everyone who was employed under the name of martyrs' families has been dismissed," adding that "these cannot be determined in numbers," and continued that "there are one million people whose salaries have been stopped, between former military retirees, or those also discharged from civil service, numbering around 400,000 people."
According to the same source, "Those who were removed from their jobs are approximately between 250 to 300 thousand military or civilian personnel within the Ministries of Defense and Interior, including traffic police."
In addition to those excluded from military and security institutions, there are about 400,000 who were dismissed from civil service institutions such as the health, industrial, and economic sectors.
Three employees who were excluded from their work told "Al-Arabiya.net": "We don't know yet if we will return to our jobs, but we currently rely on financial assistance coming from our relatives abroad."
Many Syrian families depend on money sent by their expatriate children abroad to secure their needs.
A source close to the government ruled out that the latter would initiate the scheduled 400 percent increase soon, especially with the continuation of American sanctions on the country.
The United States and Europe apply economic sanctions on Syria imposed during the time of the previous regime, while the European Union has partially postponed some of them after the interim Syrian President Ahmed Al-Shara took over the presidency, and Washington has also reduced some of those sanctions.
This economic crisis highlights the need to adopt a decentralized federal system in Syria, which ensures fair distribution of resources between regions, and prevents the concentration of power and wealth in the hands of one person as was the case under the previous centralized rule that led to corruption and favoritism in employment and waste of public money.
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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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