Buckingham Palace announces doctors advised the Queen to rest for two more weeks
October 30, 2021, 12:48 am

Buckingham Palace announces doctors advised the Queen to rest for two more weeks

Queen Elizabeth-Queen of England-Royal Family/Shutterstock

Buckingham Palace has said, the Queen has been advised by doctors to rest for two further weeks and will not undertake official visits during this time.

The BBC reported, the palace said the monarch, 95, could undertake some light duties during that time, including virtual audiences.

It said it is her "firm intention" to attend the Remembrance Sunday service at the Cenotaph on 14 November.

According to the BBC, the Queen underwent preliminary medical checks in hospital on 20 October after cancelling a visit to Northern Ireland.

She resumed public engagements on Tuesday this week by meeting ambassadors via video link from Windsor Castle.

Queen Elizabeth-Britain's Queen Elizabeth/Shutterstock

But it was announced that she will not attend the COP26 climate change summit in Glasgow. The palace said she would deliver her address to delegates using a recorded video message instead.

She recorded the speech on Friday afternoon.

In a statement, Buckingham Palace said: "The doctors have advised that Her Majesty can continue to undertake light, desk-based duties during this time, including some virtual audiences, but not to undertake any official visits.

"Her Majesty regrets that this means she will be unable to attend the Festival of Remembrance on Saturday, November 13."

The commemorative event takes place in the presence of members of the royal family at the Royal Albert Hall every year.

The BBC said that the Queen hosted a Global Investment Summit at Windsor Castle on 19 October.

The next day a spokesman said a planned trip to Northern Ireland had been cancelled, and the monarch had "reluctantly accepted medical advice to rest for the next few days".

Then, in a later statement, Buckingham Palace said she had stayed in hospital on Wednesday night after attending for "some preliminary investigations" and had returned the following day to Windsor Castle, where she was "in good spirits".

It should be noted that her stay at King Edward VII's Hospital was her first overnight hospital stay in eight years

The sovereign had maintained a typically busy schedule in October but was recently seen using a walking stick at a Westminster Abbey service, the first time she has done so at a major event.

Source: BBC

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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.