Queen praises Northern Ireland people in message to mark centenary
May 3, 2021, 10:30 am

Queen praises Northern Ireland people in message to mark centenary

Queen Elizabeth: ‘This anniversary reminds us of our complex history, and provides an opportunity to reflect on our togetherness and our diversity.’

Monarch says ‘continued peace’ is ‘credit to its people’ and speaks of ‘treasured memories’ of visits with Philip

The Queen has said that “continued peace” in Northern Ireland is a “credit to its people”, in a message to the country to mark its centenary.

She also spoke of the “treasured” memories she shared of Northern Ireland with the Duke of Edinburgh, who died, aged 99, last month.

In a statement issued from Windsor Castle, the Queen said: “A century ago, the Government of Ireland Act came into effect, and today marks a significant centenary for both the United Kingdom and Ireland. This anniversary reminds us of our complex history, and provides an opportunity to reflect on our togetherness and our diversity.

“In Northern Ireland today, there is, perhaps, more than ever, a rich mix of identities, backgrounds and aspirations, and an outward-looking and optimistic mindset. The political progress in Northern Ireland and the peace process is rightly credited to a generation of leaders who had the vision and courage to put reconciliation before division. But above all, the continued peace is a credit to its people, upon whose shoulders the future rests.

“It is clear that reconciliation, equality and mutual understanding cannot be taken for granted, and will require sustained fortitude and commitment. During my many visits to Northern Ireland, I have seen these qualities in abundance, and look forward to seeing them again on future occasions.

“I also wish to recognise the important contribution made by our friends and closest neighbours towards the success of Northern Ireland. I look back with fondness on the visit Prince Philip and I paid to Ireland, 10 years ago this month. I treasure my many memories, and the spirit of goodwill I saw at first hand.

“Across generations, the people of Northern Ireland are choosing to build an inclusive, prosperous, and hopeful society, strengthened by the gains of the peace process. May this be our guiding thread in coming years.

“I send my warmest good wishes to the people of Northern Ireland. Elizabeth R.”

Boris Johnson said the UK government would continue to showcase “all the brilliant things” Northern Ireland contributes to the rest of the UK.

The prime minister said on Twitter: “This is a very significant national anniversary, marking the 100th year since the Government of Ireland Act came into effect and the formation of the United Kingdom as we know it today.

“Throughout 2021, in its centenary year, the Government will continue to showcase all the brilliant things Northern Ireland contributes to the rest of the UK and the world, from its world-class fintech industry and research capabilities, to its inspiring young people, and its vibrant culture of arts and sport.

“It is also important that we pause to reflect on the complex history of the last 100 years. People from all parts of Northern Ireland, the Republic of Ireland, the United Kingdom and across the globe, will approach this anniversary in different ways, with differing perspectives.

“While this is a moment of shared reflection, it is also an important opportunity to come together to celebrate Northern Ireland and build towards a better and even brighter future for all its people.”

There are no large-scale celebrations or ceremonies planned for the anniversary; the pandemic has caused huge disruption to plans by unionist parties to mark the centenary.

The government’s plans to mark the centenary of the state’s foundation include a major business showcase in London, a £1m Shared History Fund, a futuristic programme for young people, tree-planting projects, academic and historic events and an international church service for all denominations.

Northern Ireland was created on 3 May 1921 when the Government of Ireland Act came into effect and partitioned the island of Ireland into two separate entities.

The effect of the Government of Ireland Act split the 32 counties of Ireland into two, leaving Antrim, Armagh, Derry, Down, Fermanagh and Tyrone to form Northern Ireland.

source: Caroline Davies

Levant

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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.