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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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Independent analysts said in countries such as Egypt and Lebanon, the banking sector could face negative rating action
December 12th, 2011 - 05:12 GMT

S&P to review ratings of 50 banks in Middle East

Ajman Bank
December 12th, 2011 - 02:19 GMT

Ajman Bank inaugurates new branch in the heart of Al Ain

Arab Bank
December 12th, 2011 - 02:14 GMT

Arab Bank recognizes employee volunteers for their community service efforts

"Islamic banks will have to consolidate or otherwise or substantially increase their capital structures to enhance their ability to provide project finance on the scale required," Al-Belooshi told a banking seminar in Bahrain
December 12th, 2011 - 12:37 GMT

Bahrain's biggest merger of banks

Al Bawaba
December 12th, 2011 - 11:58 GMT

MoF organises workshop in Dubai on the practical applications of tax agreement principles and international tax systems

First Gulf Bank Abu Dhabi Credit Card
December 12th, 2011 - 10:24 GMT

FGB’s Abu Dhabi Credit Card Fulfills the Dreams of More than 500 winners in 2011

Al Bawaba
December 12th, 2011 - 09:56 GMT

‘Spirit of the Union’ inspires TASWEEK & Asset Allocation Advisors to build international portfolio of hotels & resorts

Al Bawaba
December 12th, 2011 - 09:51 GMT

Jordan Ahli Bank supports Haretna Festival as Gold Sponsor

Al Bawaba
December 12th, 2011 - 06:59 GMT

NBAD opens 9th branch in Oman

Rich nations believe paying developing countries to stop the destruction of rainforests is an effective way to fight climate change
December 11th, 2011 - 05:41 GMT

Private sector finance eyed for UN forest projects

Al Bawaba
December 11th, 2011 - 12:28 GMT

Seven UAE universities participate in the Western Union and Al Ansari Exchange “Business for Better” competition

Al Bawaba
December 11th, 2011 - 07:57 GMT

Mashreq offers distinctive Job loss insurance on Personal Loans

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