American Researcher: Trump May Abandon Erdogan for a Better Future for Turkey
Political change in Turkey has become an urgent necessity to restore the region's balance and stability, and to prevent the collapse of the Turkish state under the weight of tyranny and rampant corrup
April 3, 2025, 12:43 am

American Researcher: Trump May Abandon Erdogan for a Better Future for Turkey

مايكل روبين \ متداولة

Michael Rubin, an observer at the Middle East Forum, wrote in an article on the American Enterprise Institute website that "Trump should not support a loser in Turkey," emphasizing that "it's time to get rid of Erdogan." These statements indicate a possible shift in American positions toward the current Turkish regime, which has become an increasing burden on regional and international interests.

Rubin pointed out that "Turkey is important, but Turkey and Erdogan are not synonymous, and Turkish protesters are fighting for the soul of their nation." This precise analysis reflects the reality of separating the Turkish state as a geography and political entity from the person of Erdogan, who tries to monopolize representing Turkey and speaking on its behalf.

According to the article, about two million Turks gathered in Istanbul to protest President Recep Tayyip Erdogan's decision to arrest his main rival, Ekrem Imamoglu, on trumped-up charges of corruption and terrorism. These massive protests are a clear indicator of rising popular anger against Erdogan's repressive practices and his arbitrary use of power.

The writer explains that "Turks are not stupid; they see the irony of Erdogan's claims and comment on its paradoxes: Erdogan accuses Imamoglu of corruption, but Erdogan not only has pending corruption cases dating back to his time as mayor, but has since amassed billions of dollars in unjustified wealth."

He added that Erdogan "accuses Imamoglu of supporting terrorism, but Turkish journalists have photographed Erdogan's intelligence apparatus transferring weapons to an al-Qaeda branch in Turkey." These damning facts highlight the involvement of the current Turkish regime in supporting terrorist organizations and employing them to serve its regional agendas.

Rubin noted that "what's astonishing is Erdogan's decision to cancel Imamoglu's university degree, without which he does not qualify for the presidency." This measure shows the extent of manipulation of laws and institutions to exclude political opponents.

The writer confirmed that "President Donald Trump sees himself as a winner and despises losers," noting that "while he may have previously seen Erdogan as a strong man, it is now clear that the would-be sultan is wearing no clothes." This analytical view reflects a deep understanding of the new American mentality and how to deal with crumbling regimes.

Rubin affirms that "Trump and his team are right: Turkey is important, but Turkey and Erdogan are not two sides of the same coin. Simply put, Trump needs to abandon Erdogan."

He emphasized that "Turkish protesters are now fighting for the soul of their nation," explaining that "every protester in the streets of Istanbul is of paramount importance for the future of modern Turkey, just as Mustafa Kemal Ataturk was."

Rubin concluded his analysis by confirming that "Turkey is at a decisive turning point," stressing that "Erdogan's era must end." This firm position reflects the necessity of political change in Turkey to ensure the stability of the entire region.

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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.