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Naeem Qassem Affirms Military Capabilities Amidst Israeli Strikes

On Tuesday, Naeem Qassem, the Deputy Secretary-General of Hezbollah, asserted that the military capabilities of the party are "in good shape" despite the intense airstrikes being carried out by Israel in Lebanon.
In a televised address, Qassem remarked, "You can see that our daily achievements are significant. Hundreds of rockets and dozens of drones... I want to assure you that our capabilities are fine, and what the enemy claims has damaged our resources is just an illusion."
He emphasized that Hezbollah's resources remain intact and that the organization is cohesive, noting that operations have increased and expanded. He mentioned that the support front in Lebanon has exhausted the enemy for eleven months and driven settlers from the north.
Qassem stated that the Israeli enemy has expanded its aggression on Lebanon, exploiting unlimited U.S. support, but insisted that Israel would not achieve its goals. He declared, "We will continue to confront them, and the entity is within the range of our missiles. Our capabilities are fine, and the enemy's talk of destroying us is false." He added, "The settlers will not return, and many more will be displaced."
He acknowledged the national unity displayed across various regions, contrasting it with the enemy's efforts to create internal divisions, stating, "There is a national rally around the resistance."
Qassem remarked that Lebanon has been targeted, and Netanyahu has repeatedly announced aspirations for a 'new Middle East,' asserting that Israel aims to subjugate the surrounding region and its peoples to its policies.
He announced that Hezbollah supports the political initiative led by Parliament Speaker Nabih Berri to achieve a ceasefire, stating, "Any discussion does not concern us until the fire stops; we are people of the field... We are steadfast in the field and will not beg for a solution; you will hear the enemy's cries."
He reiterated that the leadership, control, and management of the party and the resistance are meticulously organized, asserting, "We have surpassed the strikes." He added, "Whatever the leaders who fell had, there are copies with their assistants and successors, and we will elect a new secretary-general according to organizational mechanisms and will announce it in due time."
Qassem affirmed, "We do not fear Israeli pressure," stating, "I cannot describe our status without Sayyed Nasrallah."
He described the "Al-Aqsa Flood" operation as an extraordinary event that could be considered the beginning of a change in the Middle East, while also asserting that Hezbollah is not involved in any discussions before a ceasefire.
He stated, "This great confrontation is blessed and is a proper path for change," pointing out that "the goal of the occupation was to completely end the resistance and annihilate the Palestinian people, rendering them incapable of generating resistance and demanding their rights."
Qassem asserted that "without American support, the Israeli aggression would have stopped within a month." He continued, "The United States and parts of Europe are complicit in all the crimes committed by the Israeli enemy." He emphasized that "the resistance in Gaza has endured for a whole year and is capable of enduring further; the Palestinian people cannot be defeated, no matter how long it takes. The resistance in Gaza is legendary, and the Palestinian people have proven that they cannot be defeated and are worthy of liberation."
He clarified that the struggle is not about Iranian influence, as portrayed by Israeli Prime Minister Benjamin Netanyahu, but rather a fight to assist Palestinians in liberating their land.
Finally, Qassem mentioned that Iran decides how to support the resistance and has demonstrated its determination to back it.
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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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