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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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Malek Kanawati, CEO of Mubasher Financial Services
May 24th, 2011 - 07:54 GMT

Mubasher and HSBC partner on pioneering stock payment solution

Gary Tilkin, President and CEO of GFT and Boris Schlossberg, Director of Currency Research at GFT
May 24th, 2011 - 07:03 GMT

GFT launches office in Dubai

Al Bawaba
May 24th, 2011 - 06:06 GMT

GAFI launches its first SMEs support initiative

Al Bawaba
May 23rd, 2011 - 01:15 GMT

ADCB Etihad Credit Card wins best in category award

Al Bawaba
May 23rd, 2011 - 09:47 GMT

Burgan Bank announces names of the daily lucky winners of Yawmi Account

Abu Dhabi Islamic Bank
May 23rd, 2011 - 09:38 GMT

ADIB strengthens its private banking division

AFAQ graduates at the graduation ceremony
May 23rd, 2011 - 06:49 GMT

36 UAE nationals graduate from NBAD AFAQ programme

Abdulla Al Najran Al Tuwaijri, NBK Deputy General Manager
May 22nd, 2011 - 12:19 GMT

NBK launches the Family Income Protection Insurance

Al Bawaba
May 22nd, 2011 - 09:14 GMT

NBAD launches new service for credit cardholders

Derek Weist, Director, Asset Management at BLME
May 22nd, 2011 - 08:53 GMT

BLME launches first Sharia’a compliant UK light industrial building fund for Gulf investors

Yong Wei Lee, Head of MENA Equity Investments, Emirates NBD Asset Management
May 22nd, 2011 - 06:59 GMT

MENA equity markets on track for sustained growth, says Emirates NBD Asset Management

Al Bawaba
May 19th, 2011 - 07:43 GMT

NBAD wins Best Mobile Payment & Pre-Paid Card Awards

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