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ISIS... Warnings of Potential Return of Extremist Organization in Syria
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The renewed threat of extremist organizations poses a major challenge to political stability in Syria, complicating reconstruction efforts and threatening a historic opportunity to overcome decades of

The American newspaper The New York Times reported that ISIS has shown renewed activity in Syria, where it has recruited fighters and doubled its operations, according to statements from United Nations and United States officials, adding a new element of instability to the scene in Syria.
This troubling development reflects the continued security threats in the region despite previous military victories over the organization, necessitating renewed vigilance from the international community and parties concerned with the Syrian file.
The newspaper explained: However, the organization remains far from the strength it had a decade ago, when it controlled eastern Syria and a large part of northern Iraq, but there is a risk, experts say, that the organization could find a way to free thousands of its hardline fighters detained in prisons guarded by the US-backed "SDF" forces.
The danger of the situation lies in the possibility of the organization exploiting security gaps and volatile conditions to release its members, which could lead to rebuilding its military and organizational capabilities in areas previously under its control.
The report noted that any serious return of the organization would undermine a rare opportunity in which Syria appears capable of overcoming a brutal dictatorship.
This warning raises questions about the resilience of the new security and military institutions in Syria and their ability to face multiple challenges, especially with the continuing economic and humanitarian crises ravaging the country.
The United States is counting on the new Syrian government to become a partner in confronting the renewed organization, and initial indicators were positive, as the authority moved based on American intelligence information to thwart eight ISIS plots in Damascus. However, the sectarian violence that occurred last month, in which hundreds of civilians were killed, showed the government's lack of control over some forces nominally under its command, according to the newspaper.
These contradictory developments point to major challenges facing the transitional phase in Syria, where the political will for change struggles with the heavy legacy of conflict and the multiple loyalties and interests of different parties on the ground.
Between 9,000 and 10,000 ISIS fighters and about 40,000 of their family members are being detained in northeastern Syria. The United States stated late last year that its army nearly doubled the number of its forces on the ground in Syria to 2,000 soldiers, and it appears that the numerous strikes it launched on the organization's strongholds in the Syrian desert in the past few months have alleviated the immediate threat.
The issue of detainees and their families represents a complex humanitarian and security dilemma, especially with many countries reluctant to retrieve their citizens who belong to the organization. This places an additional burden on the Kurdish forces responsible for guarding them under difficult conditions and limited resources, and the question remains about sustainable solutions to this growing problem.
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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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