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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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Dubai introduces AI-powered stock analytics chatbot
April 14th, 2025 - 01:05 GMT
Reema Tuqan

Dubai introduces AI-powered stock analytics chatbot

Emirates NBD becomes the first bank in the UAE to launch Visa+ Simplifying International Money Transfers
April 14th, 2025 - 09:16 GMT

Emirates NBD becomes the first bank in the UAE to launch Visa+ Simplifying International Money Transfers

Boursa Kuwait publishes its fourth sustainability report, reaffirming its commitment to governance, transparency and sustainable growth
April 14th, 2025 - 07:08 GMT

Boursa Kuwait publishes its fourth sustainability report, reaffirming its commitment to governance, transparency and sustainable growth

KIB promotes financial literacy at "FunFest" and showcases its products and services to visitors
April 14th, 2025 - 04:23 GMT

KIB promotes financial literacy at "FunFest" and showcases its products and services to visitors

Burgan Bank Wins the Visa “Best-in-Class Premium Active Cards Growth in Kuwait” 2024 Award
April 13th, 2025 - 04:25 GMT

Burgan Bank Wins the Visa “Best-in-Class Premium Active Cards Growth in Kuwait” 2024 Award

Dubai Islamic Bank Launches DIB Academy as a Strategic Investment in Human Capital for a Rapidly Evolving World
April 10th, 2025 - 09:50 GMT

Dubai Islamic Bank Launches DIB Academy as a Strategic Investment in Human Capital for a Rapidly Evolving World

Invest Bank Announces Appointment of Narinder Auluck as its First-Ever Chief Technology Officer
April 9th, 2025 - 10:21 GMT

Invest Bank Announces Appointment of Narinder Auluck as its First-Ever Chief Technology Officer

Abu Dhabi Islamic Bank Becomes First Bank to Offer Fractional Sukuk, Expanding Access to Sharia-Compliant Investment Opportunities
April 9th, 2025 - 05:12 GMT

Abu Dhabi Islamic Bank Becomes First Bank to Offer Fractional Sukuk, Expanding Access to Sharia-Compliant Investment Opportunities

Everything you need to know about market terminology amid downturns and recent tariffs
April 8th, 2025 - 09:13 GMT
Reema Tuqan

Everything you need to know about market terminology amid downturns and recent tariffs

Abu Dhabi Islamic Bank Becomes First Bank to Offer Fractional Sukuk, Expanding Access to Sharia-Compliant Investment Opportunities
April 8th, 2025 - 08:40 GMT

Abu Dhabi Islamic Bank Becomes First Bank to Offer Fractional Sukuk, Expanding Access to Sharia-Compliant Investment Opportunities

Visa Tap to Phone Adoption Soars: 200% Year-over-Year Growth Worldwide
April 8th, 2025 - 07:43 GMT

Visa Tap to Phone Adoption Soars: 200% Year-over-Year Growth Worldwide

KIB warns of fraudulent schemes targeting users of the WAMD service
April 7th, 2025 - 12:30 GMT

KIB warns of fraudulent schemes targeting users of the WAMD service

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