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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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Abdulelah AlKindy, General Manager, Retail Banking, Emirates NBD
May 9th, 2011 - 11:07 GMT

Emirates NBD provides free foreign currency telegraphic transfers to online customers

Al Bawaba
May 9th, 2011 - 08:16 GMT

Barclays Wealth continues to recommend equities, particularly developed markets

Al Bawaba
May 9th, 2011 - 07:46 GMT

Dubai Islamic Bank launches second Qiyadee programme

Ibrahim Nonoo along with Sathyan Pola and Mohammed Faysal
May 8th, 2011 - 01:07 GMT

Bahrain Financing Company opens new outlet

The event, which was attended by over 400 people, focused on the financing of Jordan's economy
May 8th, 2011 - 12:14 GMT

Euromoney hosts its first conference in Jordan

Al Bawaba
May 8th, 2011 - 11:29 GMT

Gulf Finance House holds its AGM, updates shareholders on positive progress

Al Bawaba
May 8th, 2011 - 09:52 GMT

Investcorp undertakes a £30 million buyout of British online booking solutions company Eviivo

Al Bawaba
May 8th, 2011 - 07:34 GMT

Safety comes first with First Gulf Bank

Al Bawaba
May 8th, 2011 - 06:48 GMT

NBAD opens second branch in Jordan

Emirates NBD inaugurates Al Wadha branch in Abu Dhabi
May 8th, 2011 - 06:12 GMT

Emirates NBD continues expansion drive in Abu Dhabi

Al Bawaba
May 5th, 2011 - 01:33 GMT

RAKBANK launches first Chinese-enabled ATMs in the region

Tamweel also announced its positive financial results for the three months ending March 31, 2011
May 5th, 2011 - 01:20 GMT

Tamweel shares to resume trading on May 10, 2011

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