
Foulath Achieves ISO 22301:2019 Certification for Excellence in Business Continuity Management
This accomplishment marks the first time that Foulath has received ISO certification at the group level. Previously, both Bahrain Steel and SULB obtained various ISO certifications individually, and plans are underway for SULB Bahrain and SULB Saudi Arabia to secure ISO 22301:2019 accreditation by the end of the year.
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Daily Tribune
22-06-2025
- Daily Tribune
Kingdom's Payments Core Clears Global Audit
TDT | Manama Bahrain's national payments backbone has passed a sweeping international audit with zero flaws, reinforcing its cyber resilience and operational continuity amid rising regional digital risks. BENEFIT, which powers the Kingdom's real-time transfers, debit card switching, and digital payment infrastructure, has secured recertification for two globally recognised standards: ISO 27001:2022 for information security and ISO 22301:2019 for business continuity. The company cleared both audits without a single non-conformity. Vital Infrastructure This clean result carries weight beyond corporate performance. As the operator behind essential services like Fawri+, Fawri, Fawateer, and network ATM services, BENEFIT forms the digital core of Bahrain's financial system. Any failure in its systems would cascade across banks, retailers, consumers, and government agencies. The recertification confirms BENEFIT's alignment with the newest and most stringent ISO protocols. ISO 27001:2022 in particular demands higher levels of leadership accountability, risk-based thinking, and integration of security governance across operations. These are requirements not all fintechs have successfully met. Leadership Speaks Badran Bukamal, Head of Risk Management and Information Security at BENEFIT, called the audit result a milestone built on years of dedication. 'This accomplishment represents the culmination of years of dedication and hard work by our team, who have once again demonstrated their ability to meet and exceed the highest international standards in cybersecurity and operational sustainability.' He added that BENEFIT is committed to remaining ahead of emerging threats and maintaining uninterrupted services for its partners and clients. 'These accreditations reflect our vision to position BENEFIT as a secure and dependable fintech provider, trusted by both customers and partners.' Setting the Benchmark As Gulf nations accelerate their shift toward digital finance, Bahrain's example offers a model of readiness. With rising pressure on financial infrastructure operators to prove resilience, BENEFIT's flawless audit result gives the Kingdom a reputation edge in cybersecurity and business continuity. The company said it would continue investing in future-proof systems to meet growing demands and protect against disruptions, reinforcing the stability of Bahrain's financial ecosystem.


Biz Bahrain
22-06-2025
- Biz Bahrain
BENEFIT receives ISO recertification for information security and business continuity
BENEFIT, the Kingdom's innovator and leading company in Fintech and electronic financial transactions service, has been officially re-accredited with the upgraded version of ISO 27001:2022 (Information Security Management System) as well as for ISO 22301:2019 (Business Continuity Management Systems). This notable achievement follows the successful completion of a comprehensive joint audit for both standards—conducted with zero non-conformities reported by the certification body. It marks a significant milestone in BENEFIT's operational journey and reinforces its ongoing commitment to the highest standards of quality, information security, and excellence. It also reflects the organisation's strategic emphasis on maintaining robust business continuity frameworks and ensuring consistent service reliability across all operations. The successful recertification serves as an international testament to BENEFIT's commitment to implementing global best practices in the field of data protection and information security, and its consistent efforts to ensure the uninterrupted availability of its financial services and its proactive approach to continuously improve and modernise its internal systems and frameworks. BENEFIT's compliance with the updated versions of both ISO certifications further reflects the integrated and comprehensive security standards it has embedded across all departments and processes, enhancing the trust and confidence of its clients, partners, and stakeholders in its ability to protect sensitive financial data and sustain service delivery. Mr. Badran Bukamal, Head, Risk Management & Information Security at BENEFIT, stated: 'We are proud to have received the re-accreditation of ISO certifications in both Information Security Management System and Business Continuity Management Systems. This accomplishment represents the culmination of years of dedication and hard work by our team, who have once again demonstrated their ability to meet and exceed the highest international standards in cybersecurity and operational sustainability. At BENEFIT, such achievements serve as a catalyst to reinforce our dedication to safeguarding customer data and ensuring the uninterrupted continuity of our operations.' Mr. Bukamal further added: 'These accreditations reflect our vision to position BENEFIT as a secure and dependable fintech provider, trusted by both customers and partners, and recognised for delivering high-quality, distinguished services. They also highlight the important stage of growth the company has achieved, along with our continued investment in business continuity and resilience planning—ensuring that our clients, suppliers, and partners are equipped to navigate unforeseen challenges. In parallel, we remain focused on advancing our information security management capabilities and proactively addressing the evolving landscape of cybersecurity threats.'


Trade Arabia
11-06-2025
- Trade Arabia
New Kezad Business District to come up in Abu Dhabi
Khalifa Economic Zones Abu Dhabi - Kezad Group, one of the largest operators of integrated and purpose-built economic zones in the region, has announced the development of Kezad Business District (KBD), Abu Dhabi's newest business destination. Strategically located with frontage at the gateway of the E11 arterial corridor between the UAE capital and northern emirates, Kezad Business District is part of the wider 410 sq km-Kezad Al Ma'mourah master development. Initially planned over approximately 3 sq km, the area will be developed in phases with infrastructure works currently underway. New developments include a 21,000 sq m office tower, sporting facilities and food and beverage (F&B) retail facilities adjacent to the Kezad Group HQ building, Kezad One. Kezad Business District is located along the E11 inter-emirate highway between Abu Dhabi and Dubai, and provides exceptional connectivity to all major logistics, industrial and business areas within short driving distance. Kezad Business District is planned as an integrated mixed use commercial hub that will enable close collaboration between academia, businesses and industry while having a thriving social pulse. The district is also advantageously located next to three landmark projects: the 70,000 sq m twofour54 media production campus; the 3.3 sq km Abu Dhabi Food Hub, and the 3.3 sq km Global Auto Hub – the latter two being developed by Kezad Group as part of a pioneering public-private investment. Abdullah Al Hameli, CEO, Economic Cities and Free Zones, AD Ports Group, said: 'The ambition and inventiveness that we have applied to developing and operating one of the world's most integrated, thriving and largest industrial ecosystems is the same one that we will employ to deliver a next-generation business district that will further elevate Abu Dhabi's proposition to global investors. The development of Kezad Business District continues Kezad Group's investment in Abu Dhabi's polycentric urban expansion, with Kezad Al Ma'mourah seen as a critical economic centre in the nation's future-forward growth strategies.' 'Aside from re-emphasising our commitment to provide our investors with end-to-end solutions to grow their businesses, Kezad Business District will offer development opportunities and catalyse new investments in the wider Kezad Al Ma'mourah masterplan. We are very proud and excited to attract new, frontier businesses and commercial activities that will propel our nation's economy into the future.' Kezad Business District is extraordinarily located at the confluence of major transport links with Khalifa Port being only 15 minutes away, Zayed International Airport being a 25-minute drive away, and linked to rest of UAE by the high-speed Etihad Rail and two major highways. With unparalleled proximity to Dubai, Kezad Business District is less than a 30-minute drive away from Jebel Ali Port and Dubai World Central - Al Maktoum International Airport. When completed, Kezad Business District will serve as an attractive site for investors to set up their regional headquarters, research and innovation centres, training facilities and other operations, and a compelling option complementing service providers, educational institutes, etc. Serving as a secondary business district comprising a commercial hub with a vibrant mix of office, retail, residential, lodging, education, professional training and leisure components, Kezad Business District aims to establish itself as a major commercial centre, and the heart of Kezad's advanced manufacturing and economic ecosystem.