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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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Invest Bank Strengthens Leadership Team to Accelerate Transformation and Enhance Financial Governance
April 23rd, 2025 - 08:56 GMT

Invest Bank Strengthens Leadership Team to Accelerate Transformation and Enhance Financial Governance

Mastercard research highlights urgent need for UAE SMEs to stay ahead of evolving cyber threats
April 23rd, 2025 - 08:46 GMT

Mastercard research highlights urgent need for UAE SMEs to stay ahead of evolving cyber threats

ADCB rated the strongest banking brand in the UAE for  the 2nd consecutive year while its brand value surges 17%  to AED 12.3 billion
April 23rd, 2025 - 07:19 GMT

ADCB rated the strongest banking brand in the UAE for the 2nd consecutive year while its brand value surges 17% to AED 12.3 billion

Burgan Bank Participates in ktech’s Career Fair
April 22nd, 2025 - 02:50 GMT

Burgan Bank Participates in ktech’s Career Fair

Record growth continues, RAKBANK delivers AED 772M profit before tax despite increased global uncertainty
April 22nd, 2025 - 06:33 GMT

Record growth continues, RAKBANK delivers AED 772M profit before tax despite increased global uncertainty

Burgan Bank Participates in the 2nd “Partners to Hire” Employment Forum
April 21st, 2025 - 07:52 GMT

Burgan Bank Participates in the 2nd “Partners to Hire” Employment Forum

A Milestone in Digital Transformation and Customer Experience Sharjah Islamic Bank Launches a Smart Digital Branch at Dubai Festival City Mall
April 20th, 2025 - 08:29 GMT

A Milestone in Digital Transformation and Customer Experience Sharjah Islamic Bank Launches a Smart Digital Branch at Dubai Festival City Mall

Gold surges above $3,357 amid ongoing US-China trade war and tariffs
April 17th, 2025 - 06:46 GMT
Reema Tuqan

Gold surges above $3,357 amid ongoing US-China trade war and tariffs

Visa Partners with SAB and AC Milan Women to Launch She’s Next in Football in Saudi Arabia
April 16th, 2025 - 08:07 GMT

Visa Partners with SAB and AC Milan Women to Launch She’s Next in Football in Saudi Arabia

NBB Hosts Clients at the 2025 Formula 1 Gulf Air Bahrain Grand Prix
April 16th, 2025 - 06:06 GMT

NBB Hosts Clients at the 2025 Formula 1 Gulf Air Bahrain Grand Prix

Boursa Kuwait and Kuwait Clearing Company strengthen the Kuwaiti capital market’s presence in Asia
April 15th, 2025 - 11:05 GMT

Boursa Kuwait and Kuwait Clearing Company strengthen the Kuwaiti capital market’s presence in Asia

Burgan Bank Publishes Its Sixth Sustainability Report
April 15th, 2025 - 07:17 GMT

Burgan Bank Publishes Its Sixth Sustainability Report

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