ZAWYA: BENEFIT recognized among Bahrain’s top 50 companies

BENEFIT, the Kingdom’s fintech and electronic financial transactions provider, has been named among Albilad Newspaper’s “Top 50 Bahraini Companies”, reinforcing the company’s standing in Bahrain’s digital payments sector. The award was presented to Abdulwahed AlJanahi, Chief Executive at BENEFIT, at a ceremony held in Manama attended by H.E. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, alongside senior officials, business leaders and representatives from both public and private sectors.

“We are proud to see BENEFIT recognized among Bahrain’s Top 50 Companies by Albilad Newspaper. This recognition reflects the company’s position and its growing role in developing Bahrain’s fintech sector,” AlJanahi said. “It also speaks to the dedication of our team and their commitment to delivering trusted and innovative digital solutions that meet market needs and support the Kingdom’s digital transformation journey.”

The accolade forms part of an initiative designed to highlight Bahraini companies that have made a meaningful contribution to the national economy through performance, governance, innovation and economic impact. BENEFIT—formally The Benefit Company B.S.C (C)—was singled out for its continued commitment to advancing digital payment solutions and financial services that enhance efficiency, security and accessibility for individuals and businesses across the Kingdom.

• Event: Award ceremony in Manama, attended by H.E. Abdulla bin Adel Fakhro and senior stakeholders.
• Recipient: Abdulwahed AlJanahi, Chief Executive, BENEFIT.
• Awarding body: Albilad Newspaper’s “Top 50 Bahraini Companies” initiative.

BENEFIT’s recognition comes as the company emphasises its role in strengthening Bahrain’s digital financial infrastructure and supporting the broader fintech ecosystem. In his remarks at the ceremony, AlJanahi underscored the company’s motivation to continue investing in innovation: “This recognition gives us further motivation to continue developing our digital solutions and investing in innovation to meet the needs of our customers and partners, while supporting the efficiency of the financial sector and the competitiveness of the national economy.”

BENEFIT’s services span electronic payment processing and related financial transaction platforms, positioning the company as a key facilitator of electronic commerce and cashless transactions within Bahrain. The company’s headquarters are listed as P.O. Box 2546, Seef District, Kingdom of Bahrain, and it provides corporate communications through Aisha Buhiji, Administrator, PR Corporate Communication (ayshab@benefit.bh). Further information is available at www.benefit.bh.

The recognition also highlights broader expectations for Bahraini companies to demonstrate sound governance and measurable economic impact. Organisers of the Top 50 initiative aim to showcase firms that promote competitiveness and effective institutional practices across the local market.

Looking ahead, BENEFIT plans to leverage the award as a platform to deepen its investment in advanced electronic payment solutions and digital financial services. The company stated its commitment to “strengthening Bahrain’s electronic payments and digital financial services ecosystem through advanced solutions that contribute to reinforcing the Kingdom’s position as a leading financial and fintech hub.” As competition and demand for secure, efficient digital payments grow, BENEFIT’s inclusion in the Top 50 signals continued visibility and influence in shaping the national fintech landscape.