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Six Russian amphibious assault ships arrive at Syria's Tartus

The Asharq Al-Awsat reported, the Russian Defense Ministry announced that six amphibious assault ships of the Russian Northern and Baltic Fleet had arrived at the Russian Navy's logistics center in Tartus, western Syria.
In a statement, the ministry's press office said that the naval task force is made up of the large amphibious assault ships Pyotr Morgunov, Georgy Pobedonosets, Olenegorsky Gornyak, Korolyov, Minsk, and Kaliningrad.
The ministry said that the fleet completed its transit around Europe and arrived in the eastern Mediterranean as part of the drills under Russian Navy Commander-in-Chief Admiral Nikolay Yevmenov.
The ships have traveled more than 6000 nautical miles, and the vessels are currently anchored in the port of Tartus, on the coast of Syria, where they supply fuel, drinking water, and foodstuffs.

Moscow and Damascus signed an agreement on expanding the Russian war fleet's material and technical supply center in Tartus.
The agreement allows the presence of 11 warships, including nuclear ones, for 49 years, with the possibility of automatic renewal for 25 years.
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The agreement, which entered into effect on January 18, 2017, stipulates that Russia will protect the supply center of its fleet in the sea and the air, and Syria will defend the center from land.
The document stipulates that the Syrian side will hand over to Russia lands and waters in Tartus for free use throughout the term of the agreement and real estate that has not been officially announced.
A Russian military source at the Russian Hmeimim military base revealed that the Russian military police are conducting regular patrols in and around the ports of Latakia and Tartus to protect them from any attacks that terrorist groups may carry out.
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Sputnik news agency quoted a Russian military source saying that the Russian reconnaissance aircrafts launched their activities in monitoring the various sections and stations of the Latakia port completely and around the clock.
The Russian forces continue to patrol the port and its nearby area.
The Russian "Rus Vesna" website reported last Monday that the Russian military police conducts several patrols inside the port of Latakia to prevent new attacks.
Syrian air defenses intercept Israeli missile barrage targeting vicinity of Damascus
The measure is the first of its kind in the vicinity of the port used by Iran to transport its imports to Syria, under an agreement that allows regular freight between Bandar Abbas port and Lattakia port.
According to state-owned Syrian media, in recent weeks, the vicinity of Latakia port was attacked twice, and the Syrian air defenses intercepted the strikes.
Source: aawsat
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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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