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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 Salam Bank Launches AI Bootcamp in Partnership with Bahrain Polytechnic
October 12th, 2023 - 05:40 GMT

Al Salam Bank Launches AI Bootcamp in Partnership with Bahrain Polytechnic

Nasdaq
October 11th, 2023 - 10:19 GMT

Nasdaq composite index suffers biggest daily loss in 3 weeks

IMF noted that the easing of concerns related to the banking sector paved the way for optimism about rapid inflation decline and a soft landing for the global economy.
October 11th, 2023 - 10:08 GMT

IMF optimistic about global financial stability but warns of lingering risks

Commercial Bank of Kuwait successfully completes the issuance of first tranche under subordinated tier 2 bonds program of the Bank
October 11th, 2023 - 09:53 GMT

Commercial Bank of Kuwait successfully completes the issuance of first tranche under subordinated tier 2 bonds program of the Bank

Burgan Bank Receives GCC Excellence Award in the Recruitment and Development of Nationals for the Second Time
October 11th, 2023 - 09:31 GMT

Burgan Bank Receives GCC Excellence Award in the Recruitment and Development of Nationals for the Second Time

Fed will avoid recession while tackling US inflation
October 11th, 2023 - 09:27 GMT

Fed will avoid recession while tackling US inflation

Emirates Islamic claims double win at the International Finance Awards 2023
October 11th, 2023 - 08:44 GMT

Emirates Islamic claims double win at the International Finance Awards 2023

US stock indices gain on easing monetary policy hints
October 11th, 2023 - 08:01 GMT

US stock indices gain on easing monetary policy hints

Gold prices in Amman Today Wednesday 11 October 2023
October 11th, 2023 - 06:31 GMT

Gold prices in Amman Today Wednesday 11 October 2023

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

Gold prices in Riyadh Today Wednesday 11 October 2023

Gold prices in Doha Today Wednesday 11 October 2023
October 11th, 2023 - 06:21 GMT

Gold prices in Doha Today Wednesday 11 October 2023

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

Gold prices in Dubai Today Wednesday 11 October 2023

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