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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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As investors wait for the Federal Reserve's policy-making committee to conclude its two-day meeting, the Dow Jones industrial average, S&P 500 and the Nasdaq all declined 0.4% in morning trading. (Photo by Spencer Platt/Getty Images)
May 7th, 2013 - 10:51 GMT

Federal Reserve has 'the greatest monetary policy of our lifetime'

Al Bawaba
May 7th, 2013 - 05:52 GMT

Mashreq launches UAE’s BEST Everyday SmartSaver card

Al Bawaba
May 7th, 2013 - 04:50 GMT

Visa cardholders spent $4.7 billion in the UAE in 2012

Dubai World Central
May 6th, 2013 - 12:00 GMT

Dubai World Central scores Dh22 billion in investments

Emile Habib of Gulf Related with Yasir Abu Sulayman of NCB and senior executives.
May 6th, 2013 - 10:55 GMT

450 million Saudi riyals deal to further enhance Riyadh real estate

Sheikh Mohammed Al Maktoum looks on during Super Saturday at Meydan Racecourse on March 9, 2013 in Dubai, United Arab Emirates.
May 6th, 2013 - 10:19 GMT

Dubai gov't repays 3.3 billion dirhams bond on maturity, sending shares to three-year high

A branch of Emirates Islamic Bank
May 6th, 2013 - 09:52 GMT

Emirati bank unveils a whopping 101% profit jump in first quarter

Al Bawaba
May 6th, 2013 - 09:42 GMT

Emirates Islamic Bank announces 101 per cent increase in first quarter net profit

Group photo
May 6th, 2013 - 09:23 GMT

Gulf Bank receives Deutsche Bank Award for Commercial and Treasury Payments

Al Bawaba
May 6th, 2013 - 07:26 GMT

IBQ sponsors Lycée Français Bonaparte football team

During the event
May 6th, 2013 - 06:35 GMT

UAE Exchange bags Dubai Quality Award and DSES Award

Al Bawaba
May 6th, 2013 - 05:26 GMT

DIB conducts school Roadshows to help children understand the importance of saving

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