Major Strike Imminent: Reports Suggest Military Attack on Iran Looms
In the event of a direct confrontation, Iran may find itself forced to rely on its own capabilities, potentially triggering a dangerous escalation across multiple regional fronts
April 2, 2025, 8:42 pm

Major Strike Imminent: Reports Suggest Military Attack on Iran Looms

أمريكا وإيران

Hebrew Channel 14 reported that escalating threats from former U.S. President Donald Trump, combined with intensified Israeli military drills, may signal preparations for a large-scale military strike against Iran. The channel suggested this could be the most devastating attack since World War II, primarily targeting Iran’s nuclear program, which has taken decades to develop.

The report added that such an operation could inflict heavy losses on the Iranian Revolutionary Guard Corps (IRGC), potentially destabilizing Tehran’s internal security and opening the door to significant political shifts.

According to the channel, Iran would likely retaliate by launching ballistic missiles and drones toward Israel, posing an unprecedented challenge to Israel’s air defense systems. The report also warned that Israel’s home front could face massive strikes, requiring high readiness for a full-scale confrontation scenario.

Possible Scenarios

The military strike plan is still under consideration, with three potential approaches:

A unilateral U.S. strike

An Israeli-only operation

A joint U.S.-Israel attack (Tel Aviv’s preferred option to maximize success and minimize risks)

Iran’s Retaliation Capabilities

Iran possesses a vast missile arsenal, including Shahab and Kheibar ballistic missiles, as well as Shahed drones—all capable of striking deep into Israeli territory, causing severe damage to infrastructure and strategic targets.

The report emphasized that any conflict with Iran would not be limited to a one-time aerial strike but could escalate into a prolonged war, with thousands of missiles fired daily, leading to significant human and material losses and placing Israel’s home front under unprecedented strain.

Rising Tensions & Global Warnings

Relations between Iran on one side and the U.S. and Israel on the other have grown increasingly tense, with international warnings about the dangers of an open military confrontation in the region.

In response to Trump’s threats, Iran’s Supreme Leader Ayatollah Ali Khamenei warned that Tehran would "respond forcefully" to any U.S. strike, vowing to target American interests in the region. This came after Trump’s ultimatum giving Iran two months to respond to new negotiation offers, with military action hinted at if refused.

Economic Fallout Fears

The current tensions have raised concerns over potential economic repercussions, as fears of war could drive up global oil prices, negatively impacting the world economy and exacerbating financial pressures in many countries.

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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.