Tanks and Checkpoints.. Israeli Security Measures in Northern Quneitra
The deployment of Israeli tanks and military checkpoints indicates a defensive strategy aimed at protecting the border area from any potential threats that may affect regional security
April 11, 2025, 11:25 pm

Tanks and Checkpoints.. Israeli Security Measures in Northern Quneitra

Photo by Art Guzman: https://www.pexels.com/photo/soldier-and-tank-on-desert-10854007/

Israeli forces today began deploying various military reinforcements in the border area north of Quneitra Governorate, including establishing a military checkpoint on the "Hadar - Taranja" road in the northern countryside, and deploying tanks and hundreds of military personnel in the Red Hills.

Local sources reported that Israeli forces prevented the movement of residents and farmers in the area, as part of security measures that appear to aim at enhancing stability in the sensitive border area.

Five Israeli tanks were positioned in the Red Hills area north of Quneitra Governorate, accompanied by about 100 Israeli forces personnel. The military vehicles took positions between the towns of Beit Jin and Hadar in the northern sector of Quneitra, southwest Syria.

These military movements come at a time when the border area is witnessing security developments that require precautionary measures to prevent any potential threats, especially with increasing concerns about the exploitation of border areas as launching points for military operations.

Previously, the village of Taranja in the northern countryside of Quneitra witnessed an incursion operation carried out by Israeli forces on April 9, where forces stormed one of the village houses and conducted thorough searches inside it, amid an atmosphere of anticipation among residents. The operation coincided with intensive drone flights over the area.

The situation in the region continues to evolve amid close monitoring by local residents, as these movements form part of the security measures implemented in the border area, which faces various security challenges.

These security measures are considered necessary from the Israeli perspective under current circumstances, especially with concerns about the area being exploited by armed elements that may threaten regional stability. Israeli forces seek to maintain security in the border areas and protect civilians within their territories from any potential threats similar to what happened in Gaza within what became known as the October 7, 2023 attack.

On that day, Hamas and other Palestinian factions launched a surprise attack on southern Israel, including thousands of rockets and ground infiltration operations. The attack resulted in the deaths of hundreds of Israelis and the taking of hostages, followed by an Israeli response on the Gaza Strip and a war that continues to this day.

Serious Accusations Against Damascus Government.. France Investigates Coastal Violations School Principal Assassinated.. Escalating Assassinations Reveal Security Fragility in Aleppo Countryside

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.