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Banking and Finance

Banking and Finance latest

Bitget Protection Fund Averaged $735M in September, 145% Above Initial Allocation
October 24th, 2025 - 05:54 GMT

Bitget Protection Fund Averaged $735M in September, 145% Above Initial Allocation

Bitget, the world's largest Universal Exchange (UEX) today released its September 2025 Protection Fund Valuation Report, registering an average monthly valuation of $735,503,167, a level roughly 145% higher than the fund’s original $300 million allocation at launch in 2022. The fund peaked at $761,442,500 on September 18 and recorded a monthly low of $708,266,000 on September 24, reflecting steady strength through market fluctuations. Established in 2022 with a stated floor of $300 million, the Protection Fund is designed to provide a transparent, readily verifiable buffer for user assets during abnormal ...
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Egypt Prime Minister Ahmad Qandil
May 13th, 2013 - 09:30 GMT

Egypt seeking urgent IMF loan

Colonel Sameer Jassim Showaiter, Mr. Mohamed Ahmed Mohamed Yateem and Mr. Silvan Varghese during the signing.
May 13th, 2013 - 09:22 GMT

Agreement to better military supply in Bahrain signed

During the event
May 13th, 2013 - 08:34 GMT

UAE Exchange and Bahrain-based Dadabhai Travel, join hands for cash collection services

Al Bawaba
May 13th, 2013 - 08:03 GMT

NBAD appoints Regional Manager in Kuwait

Ms. Salma Al-Hajjaj, General Manager, Human Resources at Gulf Bank along with the Bank’s Human Resources team during the Job Fair
May 13th, 2013 - 07:55 GMT

Gulf Bank concludes its platinum sponsorship of the GUST Spring Job Fair

Three per cent said they never even think about being a victim of fraud
May 13th, 2013 - 03:31 GMT

7% of Emaratis had to deal with a false positive with their bank - survey

International Monetary Fund
May 12th, 2013 - 11:33 GMT

Trade between 18 Arab countries hikes to $2.1 trillion - IMF

Al Bawaba
May 12th, 2013 - 10:19 GMT

Q1 -2013 Underlying performance remains solid: KD20.4 million Net Income Excluding Provisions reflecting 16% Year-on-year growth

Minister of Petroleum and Mineral Resources Ali Ibrahim al-Naimi addresses the audience during a lecture in The Center for Strategic and International Studies (CSIS) in Washington DC in this April 30, 2013 file photo. (AFP)
May 12th, 2013 - 10:12 GMT

Allocating more funds to SWF would improve Saudi wealth returns

Al Hilal Bank
May 12th, 2013 - 05:58 GMT

Al Hilal Bank is unrelated to Al Hilal Exchange

Sheikh Talal Al Khalid Al Sabah, Kuwait Petroleum Corporation’s (KPC) Managing Director, Government, Parliament, Public & Media Relations along with the Gulf Bank team at the Bank’s stand during the event
May 12th, 2013 - 05:12 GMT

Gulf Bank Platinum sponsor of Kuwait University’s Business Administration honouring ceremony

The shift is due to the debt problems afflicting the European Union and the Arab Spring
May 12th, 2013 - 05:06 GMT

Sovereign wealth funds in GCC focus more on local investments

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