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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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Stocks worldwide mixed as gold prices edge higher
October 25th, 2023 - 12:23 GMT

Stocks worldwide mixed as gold prices edge higher

Oil prices fall, US dollar index up on easing fears of genocide in Gaza spiralling into full-blown war
October 25th, 2023 - 11:07 GMT

Oil prices fall, US dollar index up on easing fears of genocide in Gaza spiralling into full-blown war

Strategic initiative to raise the profile of the Kuwaiti capital market to the international investment community
October 25th, 2023 - 10:44 GMT

Strategic initiative to raise the profile of the Kuwaiti capital market to the international investment community

On top of billions in damages, S&P Global cut Israeli credit rating on risks of genocide in Israeli onslaught on Gaza
October 25th, 2023 - 10:08 GMT

On top of billions in damages, S&P Global cut Israeli credit rating amid onslaught on Gaza

Xi pushes new stimuli to boost China’s sluggish economic recovery
October 25th, 2023 - 08:45 GMT

Xi pushes new stimuli to boost China’s sluggish economic recovery

Sharjah Islamic Bank completes integrated connectivity through Buna Platform
October 25th, 2023 - 08:00 GMT

Sharjah Islamic Bank completes integrated connectivity through Buna Platform

Burgan Bank Sponsors Kuwait Women's Football League for the 2023 Season
October 25th, 2023 - 07:38 GMT

Burgan Bank Sponsors Kuwait Women's Football League for the 2023 Season

Gold prices in Amman Today Wednesday 25 October 2023
October 25th, 2023 - 07:21 GMT

Gold prices in Amman Today Wednesday 25 October 2023

Gold prices in Riyadh Today Wednesday 25 October 2023
October 25th, 2023 - 06:46 GMT

Gold prices in Riyadh Today Wednesday 25 October 2023

Gold prices in Doha Today Wednesday 25 October 2023
October 25th, 2023 - 06:22 GMT

Gold prices in Doha Today Wednesday 25 October 2023

Gold prices in Dubai Today Wednesday 25 October 2023
October 25th, 2023 - 06:11 GMT

Gold prices in Dubai Today Wednesday 25 October 2023

Marmore: GCC banks, facing saturation in home markets, might consider expanding into other growth markets
October 25th, 2023 - 05:57 GMT

Marmore: GCC banks, facing saturation in home markets, might consider expanding into other growth markets

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