Kurdish parties and civil society organizations issue a joint charter on the future of Syria and the Kurdish cause in Vienna
October 24, 2024, 1:21 pm

Kurdish parties and civil society organizations issue a joint charter on the future of Syria and the Kurdish cause in Vienna

أحزاب كوردية

Several Kurdish parties and civil society organizations issued a joint charter regarding the future of Syria and the Kurdish issue following a meeting held in the Austrian capital, Vienna.

In their statement, these parties noted the discussion of the political program and internal regulations for forming a new political body that reflects the aspirations of the Kurdish people in Syrian Kurdistan.

They emphasized that this anticipated political body would serve as a genuine representative of the independent Syrian Kurdish identity, free from external agendas. Below is the text of the joint statement regarding the Vienna meeting:

"On the 19th and 20th of this month, an expanded meeting was held in Vienna, Austria, with the participation of several Kurdish parties and civil society organizations. The goal was to discuss a common political vision regarding Syria in general and the Kurdish issue in particular, as well as ways to enhance dialogue and cooperation among different Kurdish factions.

The meeting included in-depth and fruitful discussions on the fundamental issues facing the Kurdish people in Syria and the current situation they are experiencing, with a primary focus on formulating a shared political vision that represents the aspirations and hopes of the Kurds for the future of Syria. Following these constructive discussions, the attendees reached an agreement on a joint political document that lays the foundation for the future of the Kurds in Syria, safeguarding their rights within a democratic federal framework that respects national, sectarian, ethnic, and religious diversity while upholding and promoting human rights, except for representatives of the Kurdish Democratic Building Movement in Syria and the Khobun Movement, who requested to refer back to the leadership of their respective movements for a final decision.

The political program and internal regulations for establishing a new political entity that embodies the aspirations of the Kurdish people in Syrian Kurdistan were also discussed. This forthcoming political body is expected to be a true representative of the independent Syrian Kurdish identity, free from external influences, and aims to strengthen Kurdish unity while working towards achieving the national goals of the Kurdish people in Syria.

We, the parties and organizations gathered here, affirm our commitment to continue working diligently and continuously to build a better future for our Kurdish people, collaborating hand-in-hand with all Syrian components to achieve peace and justice in the future Syria. We invite other national Kurdish forces, including parties and civil society organizations, to join us in signing this joint document.

The signing parties and organizations include:

- The Kurdish Democratic Party in Syria (Al-Parti)
- The Kurdistan Freedom Movement
- The Kurdish National Peace Movement in Syria
- The Kurdaiti Movement in Syria
- The Human Rights Organization in Syria (Maf)
- The Democratic Civil Society Forces in Kurdistan
- The Human Rights Committee in Syria (Maf)
- The Kurdish Organization for Human Rights in Syria (Dad)"

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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.