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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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Gulf Bank
May 6th, 2013 - 04:49 GMT

Gulf Bank offers special OSN packages to its VISA cardholders

The offices of the National Bank of Dubai
May 5th, 2013 - 09:17 GMT

UAE residents 'less likely' to stick with one bank

Egypt's financial regulator quashes a much anticipated deal on EFG Hermes with Qatar's QInvest, citing the latter's inexperience
May 2nd, 2013 - 01:08 GMT

Egypt: EFSA cite "lack of experience" in quashing QInvest-EFG Hermes tie-up

Emirates NBD ATM
May 2nd, 2013 - 05:00 GMT

Emirates NBD introduces Western Union Money Transfers Services on ATMs

Al Bawaba
May 1st, 2013 - 12:06 GMT

Alpen Capital’s GCC Food Industry report highlights the growth opportunities in the GCC food sector

Faisal Aqil, Deputy CEO, Consumer Wealth Management, Emirates Islamic Bank
May 1st, 2013 - 10:21 GMT

Emirates Islamic Bank launches exclusive promotion in Northern Emirates

Egypt's Shura council passed a draft law on Islamic bonds
May 1st, 2013 - 08:07 GMT

Egypt passes draft sukuk law

Al Bawaba
May 1st, 2013 - 07:55 GMT

Mashreq ensures strong presence at Careers UAE 2013

Al Bawaba
May 1st, 2013 - 04:42 GMT

Mashreq reports a powerful start to 2013 with 57% Net Profit increase in the first quarter of 2013

Doha Bank Award Ceremony
April 30th, 2013 - 10:51 GMT

Doha Bank bags the Best Corporate Responsibility Program in the Middle East award

The tie-up between Egypt and Turkey's stock exchanges is due to be completed by September
April 30th, 2013 - 09:46 GMT

Egypt-Turkey bourse tie up due to be finalized by September

Al Bawaba
April 30th, 2013 - 09:34 GMT

HSBC bank Oman Q1 profit up by 91%

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