Benefit Donates BHD 200,000 for those Affected by Coronavirus

Dr. Mustafa Al Sayed met with the Chairman of BENEFIT, Mohamed Ebrahim Al Bastaki, and the CEO of BENEFIT, Abdulwahed Janahi at the Organization’s headquarters in the Seef District, where BENEFIT donated an amount of BHD 200,000 to help families affected by the Coronavirus.

During the meeting, Dr. Mustafa Al Sayed expressed the gratitude and appreciation of His Highness Shaikh Nasser Bin Hamad Al Khalifa, Representative of His Majesty the King for Charity Works and Youth Affairs and President of the Supreme Council for Youth, to BENEFIT for their generous support to those affected by the pandemic, and all their other supporting efforts during these times of uncertainty.

Dr. Mustafa Al Sayid also praised BENEFIT’s efforts in renewing its partnerships with the Royal Charity Organization through this generous donation, which comes in response to the directives of His Majesty King Hamad Bin Isa Al Khalifa, May God protects and preserve him, to support the families affected by the Coronavirus, ensuring that this generous support will continue to shed some light to the lives of the families affected by this pandemic.

Mohamed Al Bastaki, Chairman of BENEFIT, said that the BENEFIT Company is honored to respond to the royal orders of His Majesty King Hamad Bin Isa Al Khalifa, may God protect and preserve him, to help and support the families affected by the pandemic, and expressed that this order does not come as a surprise, as his Majesty the King had always shown us this concern for all citizens, providing them with their needs under all circumstances and occasions, working to provide a decent life for them. Mohamed Al Bastaki also expressed his appreciation to His Highness Shaikh Nasser Bin Hamad Al Khalifa for his efforts in leading this charitable and humanitarian initiative through the Royal Charity Organization as part of its other initiatives to support those seeking support in the Kingdom of Bahrain.

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Benefit awarded as the fastest growing electronic payment solution at the international finance awards 2019

The kingdom’s leading regional player in electronic financial transactions; BENEFIT was awarded at the highly distinctive International Finance Awards 2019 as the “Fastest Growing Electronic Payment Solution” on the 23rd of January 2020 in Jumeirah Emirates Tower, Dubai. The prestigious award is in recognition of BENEFIT’s extraordinary achievements in the financial services sector, and its commitment to provide the most modern financial services and cutting-edge technology for the kingdom to strengthen Bahrain’s position as the financial hub of the region.

International Finance Awards is a reward in the accreditation of corporate and professional excellence highlighting and recognizing innovation and high performance in solutions, products, and services. The International Finance Awards recognizes and honors individuals who have had a positive impact on the performance of their company, energy that has developed innovative products or services that have set benchmarks for their peers and within the industry. Winning an International Finance Award is recognition of their continued efforts and commitment to improving business performance. International Finance is a global finance and business magazine, based and headquartered in London.

“This award marks another milestone for us. It is a testament to the diligent execution of the company’s strategic initiatives geared towards making Bahrain a regional model for FinTech services. Additionally, this award is a wonderful validation for all the hard work our immensely talented team has put in, to achieve our vision. We will continue to build on this momentum and further enhance the Kingdom’s position as a leading FinTech ecosystem in the MENA region.”

Abdulwahed AlJanahi

Recently, BENEFIT has been making strides to develop the FinTech landscape in Bahrain. Additionally, BENEFIT has been creating various strategic alliances to offer innovative solutions that strengthen relationships between businesses and their consumers’ inconsistency of with the Kingdom’s Economic Vision 2030. BENEFIT continues to launch innovative solutions and services that will prepare the Kingdom for the future economy. Up to 2019, BenefitPay has registered 280,000 users on the application, is the most used online payment platform in the kingdom.

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