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Russian invasion of Ukraine is ‘stalled on all fronts’
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British military intelligence said the invasion had “largely stalled on all fronts,” and Russian forces were suffering heavy losses.

The Arab News reported, citing Reuters, Russia’s invasion of Ukraine was described on Thursday as “largely stalled on all fronts” as Europe’s largest conflict in 80 years entered its fourth week.
In the besieged city of Mariupol, rescue workers dug survivors out of the rubble of a theater that Ukraine said had been hit by a Russian airstrike while people sheltered there from bombardments.
Russia denied striking the theater, but its forces have blasted cities and killed many civilians in its assault on Ukraine.
Mariupol has suffered the worst humanitarian catastrophe of the war, with hundreds of thousands of civilians trapped in basements with no food, water or power as Russian forces pound it with artillery and airstrikes.
A city mayoral adviser, Petro Andrushchenko, said the number of victims of the strike on the theater on Wednesday was not known, but the shelter had held. “Now the rubble is being cleared,” he said. “There are survivors.”
Satellite pictures showed the word “children” had been marked out on the ground in front of the building before it was hit.

Russian Foreign Ministry spokeswoman Maria Zakharova said the allegation that Russia had bombed the theater was a “lie,” and repeated Kremlin denials that Russian forces had targeted civilians. She said: “Russia’s armed forces don’t bomb towns and cities."
The war has settled into a grinding pattern of sieges of cities, but the Russians have failed to capture a major city in the face of spirited resistance from Ukrainian forces. British military intelligence said the invasion had “largely stalled on all fronts,” and Russian forces were suffering heavy losses.
UK to deploy air defense missiles systems to Poland
Northeastern and northwestern suburbs of Kyiv have suffered heavy damage but the capital itself has held firm, under a curfew and subjected to deadly nightly rocket attacks.
A fourth straight day of talks between Russian and Ukrainian negotiators took place by videolink but Western officials said they remained far apart. One official said: “Both sides are taking them seriously but there is a very, very big gap between their positions."
An aide to President Volodymyr Zelensky said Ukraine was sticking to its core position that it retain sovereignty over areas occupied since 2014 by Russian and pro-Russian forces.
President Zelensky: 'My heart breaks' after Mariupol theatre bombing
Zelensky addressed the German Parliament by video link that invoked the Holocaust and the Berlin Wall. “Every year politicians repeat ‘never again’,” said Zelensky, who is Jewish. “And now we see that these words are simply worthless. In Europe, a people is being destroyed.”
He accused Germany of helping to build a new wall “in the middle of Europe between freedom and unfreedom” by isolating Ukraine with its business and energy ties to Russia.
Source: arabnews
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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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