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Al-Junaibi Congratulates Bahrain on the Success of the Formula 1 Race

Mr. Abdul Wahid Al-Junaibi, CEO of Benefit Company, extended his heartfelt congratulations and highest regards to His Majesty King Hamad bin Isa Al Khalifa, the King of the Kingdom, may God preserve and protect him, and to His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, may God protect him, on the outstanding success achieved by Bahrain in hosting the Bahrain Grand Prix of Gulf Air Formula 1 for the year 2025. This event adds to Bahrain's record of successes and achievements in organizing international events.
Al-Junaibi also specially congratulated the Bahrain McLaren team for winning the Bahrain Grand Prix of Gulf Air Formula 1, marking the team's first victory at the Bahrain International Circuit. He noted that this great sporting achievement is the culmination of years of hard work and quality investments in the professional sports sector. Additionally, it enhances Bahrain's position as a leading center for hosting global events and qualifies it to continue leading the regional sports scene and competing with global powers in this area.
He highlighted the importance of this event in showcasing Bahrain's ability to host leading events, along with the high capabilities and advanced skills of Bahraini youth in achieving an exceptional level of organization, which was reflected in the successful hosting of this global sporting event with efficiency and excellence to the highest standards.
Al-Junaibi praised the role of Formula 1 in placing the Bahraini economy on the global investment map and enabling the Kingdom to attract more foreign investments. He emphasized the role it plays in opening new doors for startups and financial institutions to provide innovative solutions that support the shift towards digital transformation. He assured that the recovery witnessed in the financial services sector and the acceleration of cash flow during the Formula 1 season reflects the strength of the Bahraini banking and financial sector and its capacity to accommodate such major events.
He commended the efforts of all ministries, institutions, agencies, and sectors that supported the successful hosting and organization of the Bahrain Grand Prix of Gulf Air Formula 1, all of which contributed to weaving a new success story for Bahrain that resonates worldwide. He expressed his pride and honor in this achievement, which elevates the Kingdom's status as an ideal destination in terms of digital infrastructure that meets future requirements.
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BENEFIT Sponsors Gulf Uni...
- April 17, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the “Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT’s active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT’s active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition’s supervisory committee. Her upcoming participation reflects BENEFIT’s forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, “We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT’s enduring commitment to fostering innovation and nurturing the potential of Bahrain’s youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.”
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, “We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.”
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.
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