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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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Al Bawaba
December 26th, 2011 - 07:15 GMT

Noor Takaful named Best Takaful Operator in the GCC

Mashreq & Bank of Ceylon officials
December 26th, 2011 - 07:08 GMT

Mashreq leads USD 140 Million syndicated loan for Sri Lanka’s Bank of Ceylon

To expand the market and "establish diamonds as a full-fledged investment asset", the industry will have to improve transparency, create a traded market and improve the method of valuations, the report said
December 22nd, 2011 - 05:33 GMT

For wise investors, diamonds are forever

Al Bawaba
December 22nd, 2011 - 10:25 GMT

63% of UAE residents prefer to receive Cash over physical gifts: Western Union Survey

Jamal Fakhro addressing the members and guests at the event
December 22nd, 2011 - 10:01 GMT

Bahrain’s Capital Club hosts Business Forum on outlook 2012

Some banks said they continue to fin-ance businesses owned by Iranians in the UAE
December 22nd, 2011 - 08:21 GMT

The UAE bankers admit increased caution about Iran businesses

Dr Mariah Khan the Head of NBAD's Ladies Private Banking
December 22nd, 2011 - 06:14 GMT

NBAD appoints Head of Ladies Private Banking

Dubai Islamic Bank
December 21st, 2011 - 08:21 GMT

Dubai Islamic Bank appoints Blue Apple as its Creative Agency

Al Bawaba
December 20th, 2011 - 12:06 GMT

MoF discusses World Bank’s technical support in health insurance sector with federal and local government bodies

Al Bawaba
December 20th, 2011 - 09:19 GMT

NCB Capital: high global food prices a threat for Saudi food companies

Al Bawaba
December 20th, 2011 - 09:14 GMT

Luxurious apartment in Abu Dhabi worth over AED 1 Million for Mashreq customers

Most people stayed out of the market until the gold price bounced back
December 19th, 2011 - 05:27 GMT

Trying to market time a volatile gold and silver market is a fool’s errand

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