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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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The International Islamic Trade Finance Corporation (ITFC) and the Trade Development Fund (TDFD) Sign Landmark Agreement with Oil Sustainability Program and BURN Manufacturing to Deliver Clean Cooking Solutions in Nigeria
May 27th, 2025 - 07:43 GMT

The International Islamic Trade Finance Corporation (ITFC) and the Trade Development Fund (TDFD) Sign Landmark Agreement with Oil Sustainability Program and BURN Manufacturing to Deliver Clean Cooking Solutions in Nigeria

NBB Group First in Middle East & Africa Region to Activate Wire 365 from J.P. Morgan Payments
May 27th, 2025 - 06:12 GMT

NBB Group First in Middle East & Africa Region to Activate Wire 365 from J.P. Morgan Payments

RAKBANK wins Euromoney’s prestigious award for UAE’s Best Bank for SMEs
May 27th, 2025 - 05:39 GMT

RAKBANK wins Euromoney’s prestigious award for UAE’s Best Bank for SMEs

Bank ABC Islamic Named ‘Best Sukuk House in Bahrain’ at Euromoney Islamic Finance Awards 2025
May 27th, 2025 - 04:41 GMT

Bank ABC Islamic Named ‘Best Sukuk House in Bahrain’ at Euromoney Islamic Finance Awards 2025

Air Arabia begins accepting cryptocurrency payments for tickets
May 26th, 2025 - 02:02 GMT
Reema Tuqan

Air Arabia begins accepting cryptocurrency payments for tickets

ila Bank wins ‘Best Consumer Digital Bank in Bahrain’ title at Euromoney Awards for Excellence 2025
May 26th, 2025 - 09:01 GMT

ila Bank wins ‘Best Consumer Digital Bank in Bahrain’ title at Euromoney Awards for Excellence 2025

Boursa Kuwait recognized by Global Finance for its outstanding financial leadership in community sustainability
May 26th, 2025 - 08:31 GMT

Boursa Kuwait recognized by Global Finance for its outstanding financial leadership in community sustainability

ADIB Named Middle East’s Best Bank for Consumers by Euromoney
May 25th, 2025 - 06:14 GMT

ADIB Named Middle East’s Best Bank for Consumers by Euromoney

Burgan Bank Renews Its Sponsorship of the Bonds, Loans & Sukuk Middle East Conference in Dubai
May 22nd, 2025 - 08:33 GMT

Burgan Bank Renews Its Sponsorship of the Bonds, Loans & Sukuk Middle East Conference in Dubai

 ADIB and Ministry of Industry and Advanced Technology Sign Agreement to Accelerate Investment in the UAE’s Industrial and Technology Sectors
May 22nd, 2025 - 06:59 GMT

ADIB and Ministry of Industry and Advanced Technology Sign Agreement to Accelerate Investment in the UAE’s Industrial and Technology Sectors

NBB Announces Auto Finance Campaign Winner
May 22nd, 2025 - 05:46 GMT

NBB Announces Auto Finance Campaign Winner

Burgan Bank Renews Its Sponsorship of the Bonds, Loans & Sukuk Middle East Conference in Dubai
May 21st, 2025 - 11:44 GMT

Burgan Bank Renews Its Sponsorship of the Bonds, Loans & Sukuk Middle East Conference in Dubai

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