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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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Genocide in Gaza spiralling into regional war poses biggest risk to world economy – WB
October 24th, 2023 - 01:42 GMT

Genocide in Gaza spiralling into regional war poses biggest risk to world economy – WB

Oil prices up slightly against weaker US dollar as oil demand set to peak by 2023
October 24th, 2023 - 11:21 GMT

Oil prices up slightly against weaker US dollar as oil demand set to peak by 2023

Leaders from Wall Street in Riyadh warn on global outlook amid genocide in Gaza
October 24th, 2023 - 10:24 GMT

Leaders from Wall Street in Riyadh warn on global outlook amid genocide in Gaza

KD 259.8 mn stc’s revenues for the first nine months of 2023 with KD 24.4 mn net profit
October 24th, 2023 - 09:21 GMT

KD 259.8 mn stc’s revenues for the first nine months of 2023 with KD 24.4 mn net profit

KIB launches new Salary Account campaign with a weekly draw for a chance to win a shopping trip to London
October 24th, 2023 - 09:13 GMT

KIB launches new Salary Account campaign with a weekly draw for a chance to win a shopping trip to London

Bank of Israel
October 24th, 2023 - 09:00 GMT

Bank of Israel maintains interest rates amid inflation concerns

Ajman Bank Announces Opening of  New Branch in Deira, Dubai
October 24th, 2023 - 08:48 GMT

Ajman Bank Announces Opening of New Branch in Deira, Dubai

NBB Introduces New Range of Recycled Mastercard Credit Cards
October 24th, 2023 - 07:13 GMT

NBB Introduces New Range of Recycled Mastercard Credit Cards

Gold prices in Amman Today Tuesday 24 October 2023
October 24th, 2023 - 06:57 GMT

Gold prices in Amman Today Tuesday 24 October 2023

Gold prices in Riyadh Today Tuesday 24 October 2023
October 24th, 2023 - 06:51 GMT

Gold prices in Riyadh Today Tuesday 24 October 2023

Gold prices in Doha Today Tuesday 24 October 2023
October 24th, 2023 - 06:34 GMT

Gold prices in Doha Today Tuesday 24 October 2023

Bank ABC announces its ‘Diamond’ sponsorship of the “MEIRA 2023” Annual Conference in Bahrain, held under the patronage of the Central Bank of Bahrain
October 24th, 2023 - 06:19 GMT

Bank ABC announces its ‘Diamond’ sponsorship of the “MEIRA 2023” Annual Conference in Bahrain, held under the patronage of the Central Bank of Bahrain

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