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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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Al Bawaba
April 24th, 2013 - 10:08 GMT

MoF and Mohammed bin Rashid Establishment for SME Development Organises Government Procurement Forum for Ministries and Independent Government Agencies

The majority of Dubai residents are concerned about increasing living costs
April 23rd, 2013 - 12:27 GMT

Cost of living worries Dubai's residents

Orascom's share on the Egyptian stock market were suspended on Tuesday
April 23rd, 2013 - 11:58 GMT

Shares in Orascom suspended over tax dispute

Emirates NBD
April 23rd, 2013 - 11:53 GMT

Emirates NBD wins ‘Best SME Internet Banking Service’ at Banker Middle East Product Awards 2013

Six out of ten of the Saudi national respondents said they are putting less than 10 percent of their monthly salaries into savings
April 23rd, 2013 - 10:43 GMT

Little saving for a rainy day in Saudi

Al Bawaba
April 23rd, 2013 - 06:53 GMT

Gulf Bank posts net profit KD 7.9 million for first quarter 2013

Ten UK-based Arabs, including Mohammed al-Fayed, former owner of Harrods, have a joint work of over $17.5 billion
April 22nd, 2013 - 09:09 GMT

UK-based Arabs top $17.5 billion in combined wealth

Yaser Sulaiman, Executive Manager, Consumer Banking at Gulf Bank handing the car keys to, Allam Ahmed Shadid, the 1st Quarterly KOC draw winner
April 22nd, 2013 - 08:56 GMT

Allam Ahmed Shadid wins a new GMC Yukon in Gulf Bank’s first quarterly KOC Draw -2013

Al Bawaba
April 22nd, 2013 - 08:09 GMT

NBAD named Best Corporate Bond Arranger

banon successfully closed a $1.1 billion eurobond issue  on Thursday
April 21st, 2013 - 12:41 GMT

Lebanon seal $1.1 billion Eurobond deal

Adnan Chilwan, Deputy Chief Executive Officer, DIB
April 21st, 2013 - 11:20 GMT

Dubai Islamic Bank goes live on Social Media

Nimish Dwivedi, Head of Payments at Mashreq
April 21st, 2013 - 07:42 GMT

Mashreq takes the UAE’s Best Travel Programme to new heights

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