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Record 20th anniversary year results solidify DIFC’s position as region’s number one global financial centre

DUBAI, UAE, Feb. 18, 2025 /PRNewswire/ — Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, continued to bolster Dubai’s position as the region’s financial services capital during its 20th year.

Record 20th anniversary year results solidify DIFC’s position as region’s number one global financial centre
Record 20th anniversary year results solidify DIFC’s position as region’s number one global financial centre

 

Home to 6,920 active companies, up from 5,523 companies in 2023, DIFC attracted 1,823 new registrations.

Combined revenues for 2024 reached AED 1.78bn (USD 484mn) and operating profit grew to AED 1.33bn (USD 363mn).

Technology and innovation remain the fastest growing sector with 1,245 companies in 2024.

The workforce expanded to 46,078, up 10 per cent. The AI, FinTech and Innovation workforce stands at 4,243.

DIFC is home to the region’s largest cluster of financial services companies including more than 260 banking and capital markets companies, 410 wealth and asset management firms, 75 hedge funds, and 125 insurance and reinsurance related companies. Over 70 brokerage companies are also part of the ecosystem.

DIFC now includes 27 of the world’s 29 global systemically important banks (G-SIBs), eight of the 10 pre-eminent global money managers, five of the highest ranked insurance brokers, and five of the top 10 interdealer brokers by volume.

At the end of 2024, the Dubai Financial Services Authority (DFSA) regulated or supervised in excess of 900 entities. 

More than 800 family-related businesses are located in DIFC, up from 600. The leading 120 families and wealthy individuals in the community are managing more than USD 1.2trn of wealth globally. The use of Foundation structures jumped to 671.

The Dubai AI Campus attracted more than 120 companies in the initial six months of operations.

DIFC owned and managed properties have been operating at 99.8 per cent occupancy. More than 1.6mn sq. ft. of commercial space will be introduced following the launches of DIFC Square, Innovation Two, and Immersive Tower by DIFC.

9,156 people graduated from DIFC Academy programmes, totalling 41,456 learners since inception.

His Excellency Essa Kazim, Governor of DIFC, commented: “DIFC has played a leading role in transforming Dubai and the UAE’s economic landscape, in line with the Dubai Economic Agenda (D33). DIFC will continue to forge new partnerships to further strengthen our reputation for driving the future of finance.”

 

Mining Disrupt 2025: The Must-Attend Bitcoin Mining Event | March 25-27 – Get Tickets Now!

FORT LAUDERDALE, Fla., Feb. 18, 2025 /PRNewswire/ — March 25-27, 2025 – The world’s largest Bitcoin mining conference is back and bigger than ever! Mining Disrupt 2025 will take over the Broward Convention Center for an unforgettable two-day experience of innovation, networking, and industry-shaping discussions.

This 7th edition of Mining Disrupt promises to be our most exciting yet, with miners, innovators, investors, and blockchain enthusiasts from around the globe coming together to shape the future of Bitcoin mining.

What’s Happening at Mining Disrupt 2025?

  • World-Class Speakers – Industry leaders and disruptors sharing their insights on Bitcoin mining, blockchain, and finance.
  • Expert Panels & Discussions – Key topics include:
    • The latest mining hardware & software advancements
    • The energy debate: Tackling sustainability in mining
    • Bitcoin mining’s role in the global economy
  • Massive Expo Hall – 200+ exhibitors showcasing ASICs, cooling systems, renewable energy solutions, and software tools.
  • Bitcoin Mining Museum – Explore mining history with rare rigs, iconic artifacts, and milestones.
  • Networking Opportunities – Connect with industry leaders, sponsors, and fellow miners through lounges and casual meetups.
  • Epic Parties & Side Events – Start with our exclusive Pre-Party on March 25th at the Seminole Hard Rock Casino, plus two side events to keep the energy going.

Who’s Attending? Mining Disrupt 2025 will feature top companies and brands, including Bitmain, Canaan, Genesis Mining, Foundry, and more, all showcasing the latest advancements and forging new partnerships.

Tickets & VIP Perks: 

  • General Pass – Full access to keynotes, panels, expo, and networking events.
  • VIP Pass – Includes everything in the General Pass, plus VIP Lounge access with free food & drinks.
  • Whale Pass – Premium networking, backstage access, and a private lounge for VIPs and industry leaders.

Get your tickets now!

 – Bitcoin and crypto payments accepted!

About Mining Disrupt
Since 2018, Mining Disrupt has been the #1 Bitcoin mining conference, drawing attendees from 50+ countries. Whether you’re a seasoned miner, an investor, or just Bitcoin-curious, this is the place to be.

Got questions? Want to sponsor? Reach out to us at miningdisrupt.com/contact.

See you in Fort Lauderdale!

Frost & Sullivan Honors Forcepoint with the 2024 Global Company of the Year Award for Enabling “Data Security Everywhere”

Forcepoint is recognized for delivering a full lifecycle approach to data protection across endpoints, networks, cloud, SaaS, and hybrid environments.

SAN ANTONIO, Feb. 18, 2025 /PRNewswire/ — Frost & Sullivan recently assessed the data loss protection (DLP) industry and, based on its findings, recognizes Forcepoint with the Global Company of the Year Award for the second consecutive year. Driven by a “Data Security Everywhere” approach, Forcepoint delivers a full-lifecycle solution that provides real-time visibility and control over data across globally distributed enterprises and governments. Whether on-premises, in the cloud, or across hybrid environments, Forcepoint’s data security solutions adapt to modern business needs such as GenAI and other digital transformation initiatives. Protecting sensitive data across endpoints, SaaS applications, web, and email with a unified, automated policy engine and SaaS-based DLP solutions, Forcepoint has established its reputation as the architect of modern data security.

Forcepoint’s data security solutions adapt to modern business needs such as GenAI and other digital transformation initiatives.
Forcepoint’s data security solutions adapt to modern business needs such as GenAI and other digital transformation initiatives.

Georgia Edell, consultant at Frost & Sullivan, observed, “Forcepoint doesn’t just protect business data – it helps enable businesses to stay ahead of a growing threat landscape by simplifying security for the people who manage it. By simplifying workflows, enhancing user interfaces, and streamlining policy management, Forcepoint aims to empower security analysts to work more efficiently and effectively in safeguarding sensitive data across diverse digital environments.”

Why Forcepoint Stands Out in DLP
Consistently recognized among the top DLP and data security software providers by users and industry analysts, Forcepoint DLP prioritizes superior visibility and control over business data. Key features include:

  • Unified Security Policy Management: A single policy engine ensures consistent enforcement across all data channels, reducing complexity and manual intervention.
  • GenAI-Ready Protection: Forcepoint helps businesses secure AI-powered workflows, ensuring innovation doesn’t come at the cost of security.
  • Adaptive, Risk-Based Security: Risk-Adaptive Protection (RAP) enables automated remediation and dynamic access control based on user behavior, responding in real time to potential threats.
  • Forensic-Level Visibility: Built-in secure evidence lockers provide analysts with a clear, actionable trail of security incidents, from origin to resolution.

“Forcepoint continues to lead the DLP space, pushing the boundaries of what data security can achieve through its best-in-class data protection capabilities,” added Edell. “The evolution of its SaaS DLP solution ensures customers get the best of enterprise-grade security, now tailored for the modern cloud and AI-driven world.”

Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact us: Start the discussion.

Contact:

Tarini Singh
E: tarini.singh@frost.com

Hardware cybersecurity leader, X-PHY Inc, appoints US General Manager to strengthen presence and drive growth in North America

Wayne Maw joins company’s management team to head its US operations

SAN MATEO, Calif., Feb. 18, 2025 /PRNewswire/ — Hardware cybersecurity pioneer X-PHY Inc (the “Company“) today announced the appointment of Wayne Maw as its US General Manager. With extensive experience in technology leadership, business development, and cybersecurity, Wayne will spearhead X-PHY’s continued expansion in North America, focusing on driving adoption of its AI-embedded, hardware-based security solutions.

Wayne Maw, X-PHY Inc's US General Manager
Wayne Maw, X-PHY Inc’s US General Manager

In this role, Wayne will oversee X-PHY’s business strategy, customer engagement, and partnerships in the US, ensuring that enterprises and government agencies have access to proactive, real-time cybersecurity solutions that eliminate reliance on traditional software defenses. His leadership will be instrumental in advancing the Company’s mission of delivering autonomous, hardware-layer security to protect critical digital assets.                                                                                                         

“I am thrilled to join X-PHY at such a pivotal moment for the cybersecurity industry,” said Wayne Maw, US General Manager, X-PHY Inc. “With cyber threats growing in complexity and scale, it is clear that a paradigm shift is needed or the war against cybercrime will be lost. Cybersecurity must move beyond reliance on human intervention and software patches. X-PHY’s hardware-based approach is a game changer, and I look forward to working closely with our partners and customers to establish this as the new standard for data protection.”

Camellia Chan, Co-Founder and CEO of X-PHY Inc, said, “We are excited to welcome Wayne to X-PHY’s leadership team as we accelerate our presence in the US. His deep understanding of technology, operations and business strategy will be invaluable as we drive forward our mission of reshaping cybersecurity with intelligent, hardware-embedded protection. With Wayne at the helm of our US operations, we are confident in our ability to scale our impact and support businesses and government entities in fortifying their cybersecurity infrastructure.”

Wayne brings over 20 years of experience in IT, cybersecurity, and leadership. He holds a Master’s in Business Administration and Leadership and a degree in Electrical Engineering Technology. He is also a Certified Information Systems Security Professional (CISSP).

Since its founding 2021, X-PHY Inc has expanded its presence in the United States with corporate offices in San Mateo, California, and Maryland, reinforcing the Company’s commitment to serving critical infrastructure, enterprise, and government sectors with next-generation security solutions that proactively detect, respond to, and prevent cyber threats at the hardware level.

About X-PHY Inc

X-PHY Inc is a pioneering cybersecurity company dedicated to hardware-based cybersecurity solutions that protect data at its core. Built on the principle of Security by Design, X-PHY embeds protection directly at the physical layer for proactive, autonomous, and real-time defense against evolving cyber threats. Headquartered in California, USA, X-PHY Inc was established in 2021 and has since developed a growing portfolio of 43 patents, reinforcing its commitment to innovative AI-embedded security at the hardware level. The company’s patented solutions safeguard endpoints, servers, and data centers, ensuring zero-trust resilience across industries.

X-PHY Inc is part of the Flexxon Group, a leader in hardware engineering and memory solutions, leveraging its legacy of innovation and expertise in secure storage to build cutting-edge cybersecurity technologies for the digital world.

For more information, please visit:
X-PHY: x-phy.com
Flexxon: flexxon.com 

Lichen China Limited Announces Receipt of Nasdaq Delisting Notice Subject to Hearing Request

XIAMEN, China, Feb. 18, 2025 /PRNewswire/ — Lichen China Limited (Nasdaq: LICN) (“Lichen China” or the “Company”), a dedicated financial and taxation service provider in China today announced that it has received a letter from The Nasdaq Stock Market LLC (“Nasdaq”), notifying that the Company is not in compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the “Low Priced Stocks Rule”), as the Company’s securities had a closing bid price of $0.10 or less for eleven consecutive trading days from January 28, 2025 through February 11, 2025. The letter indicated that, as a result, the Nasdaq staff has determined to delist the Company’s ordinary shares from The Nasdaq Capital Market (the “Delisting Determination”).

As previously reported, on January 23, 2025, Nasdaq notified the Company that the bid price of its listed securities had closed at less than $1.00 per share over the previous 30 consecutive business days and, as a result, did not comply with Listing Rule 5550(a)(2). The Company was provided 180 calendar days, or until July 22, 2025, to regain compliance with this rule. The Delisting Determination ended the aforementioned compliance period before its expiration because the Company’s stock prices have triggered the Low Priced Stocks Rule. The Company was provided until February 19, 2025 to request an appeal of the Delisting Determination to the hearing panel.

The Company intends to request such hearing to appeal the Delisting Determination before that date, which will stay the suspension of its securities from the date of the request, during which time such securities will continue to be listed on The Nasdaq Capital Market.

If the Company fails to request an appeal of the Delisting Determination by February 19, 2025, trading of the Company’s ordinary shares will be suspended at the opening of business on February 21, 2025, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market.

The Company is considering all potential options available to it to regain compliance with the aforementioned rules, including seeking shareholders’ approval for a reverse stock split.

About Lichen China Limited

Lichen China Limited focuses on providing financial and taxation solution services, education support services, and software and maintenance services under its “Lichen” brand. In recognition of the Company’s expertise and experience in the financial and taxation solution services industry for over 18 years, the Company has built up its reputation as a dedicated financial and taxation solution services provider of professional and high-quality services in China. For more information, please visit the Company’s website: https://ir.lichenzx.com/.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the U.S. Securities and Exchange Commission.

For more information, please contact:

Tian Sun
Phone: +86-0592-5586999
Email: ir@lichenzx.com

Yiren Digital Integrates DeepSeek to Boost Innovation and Operational Excellence

BEIJING, Feb. 18, 2025 /PRNewswire/ — Yiren Digital Ltd. (NYSE: YRD) (“Yiren Digital” or the “Company”), an AI-powered platform providing a comprehensive suite of financial and lifestyle services in China, has officially integrated with DeepSeek, marking a significant milestone in its technological transformation and reaffirming its commitment to pioneering AI-driven innovation.

The integration of DeepSeek will empower Yiren Digital with comprehensive AI capabilities to boost operational efficiencies and enhance the user experience. The initial focus is on enhancing workflows, including meeting management, schedule automation, and intelligent financial management, all aimed at streamlining collaboration and improving decision-making efficiency. As the integration progresses, Yiren Digital is also exploring the expansion of its collaboration with DeepSeek into additional key business development areas, such as marketing, customer service, and risk management. These efforts will focus on enhancing voice interactions, improving customer conversion rates, and reducing operational costs, with the goal of delivering smarter, more efficient services as the Company continues to refine these applications for broader business impact.

The integration of DeepSeek also strengthens Yiren Digital’s proprietary AI platforms, such as the FengChao Intelligent Voice Interaction Platform and the DiTing Intelligent Decision-Making Platform. Together, these technologies will create a cohesive AI ecosystem, enhancing user experiences and enabling more precise decision-making to support business growth.

Innovation has long been a cornerstone of Yiren Digital’s strategy. By consistently investing in AI and transitioning from fintech to smart technology, the Company has established an “AI + Diversified Scenarios” approach to meet the evolving needs of its customers. The integration with DeepSeek further solidifies Yiren Digital’s position as a leader in AI-driven transformation and sets the foundation for long-term, sustainable growth.

About Yiren Digital

Yiren Digital Ltd. is an advanced, AI-powered platform providing a comprehensive suite of financial and lifestyle services in China. Our mission is to elevate customers’ financial well-being and enhance their quality of life by delivering digital financial services, tailor-made insurance solutions, and premium lifestyle services. We support clients at various growth stages, addressing financing needs arising from consumption and production activities, while aiming to augment the overall well-being and security of individuals, families, and businesses.

GoDaddy Airo®: An AI-Powered Revolutionary Solution for Pakistani Entrepreneurs and Small Business Owners

GoDaddy Airo Delivers website creation, logo design and digital marketing strategies for entrepreneurs to get started online quickly

ISLAMABAD, Feb. 18, 2025 /PRNewswire/ — GoDaddy, a global leader in empowering entrepreneurs, unveiled GoDaddy Airo®, an innovative AI-powered experience set to transform small and medium-sized businesses sector. This groundbreaking new AI-powered experience enables entrepreneurs to establish a comprehensive online presence within minutes, bridging the gap between vision and digital reality.

Selina Bieber, Vice President for International Markets at GoDaddy, emphasized the new experience’s significance, “GoDaddy Airo® provides accessible AI-powered tools for Pakistani entrepreneurs and business owners to realize the benefits of using AI technology to help build and grow their digital brands together effortlessly.”

The AI-driven features include instant brand creation, digital marketing tools, Search Engine Optimization, and a user-friendly interface that allows navigation of advanced features without technical expertise. GoDaddy Airo® generates custom logos, websites, and email addresses in moments, develops targeted social media calendar aligned with local events, and enhances online visibility with built-in email marketing campaigns.

Many small business owners feel they face challenges in leveraging new technologies, primarily due to high implementation costs and lack of in-house technical expertise. GoDaddy Airo® eliminates these obstacles by providing cost-effective solutions accessible to businesses of all sizes, an intuitive design requiring no specialized skills, and comprehensive support and resources to confidently embrace AI technology and realize its benefits to their business operations.

With the purchase of a domain name, GoDaddy Airo® leverages the power of AI to make it easy to start a business and take it to the next level with a user-friendly online interface that requires no technical expertise. 

Key features include: 

  • Logo Creation – Building a compelling visual identity is essential for any business but can be time-consuming and expensive. With GoDaddy Airo® entrepreneurs can generate unique, professional logos in minutes, providing a solid brand image without needing design expertise.  
  • Instant Website Development – One of the platform’s standout features is its ability to generate complete websites instantly. Entrepreneurs can publish a functional site with personalized content within minutes, simplifying digital presence creation without technical skills.   
  • Automated Search Engine Optimization – GoDaddy helps businesses enhance their search rankings by providing suggestions to optimize their websites with targeted keywords and descriptions. AI analyses and recommends improvements, increasing visibility in search engine results and helping small businesses attract more customers.   
  • Professional Email Services – A company domain-based email not only builds customer trust but also promotes the brand with every message sent. Additionally, it is backed by advanced email security through Microsoft 365, with features such as proactive protection, email backup, archiving, and seamless migration.   

“GoDaddy Airo® can offer business owners new opportunities, while saving valuable time, so they can focus on building their brand, engaging with their customers and growing,” added Bieber.

For more information on how GoDaddy Airo® can help your business, visit.

About GoDaddy
GoDaddy helps millions of entrepreneurs globally start and scale their businesses. People come to GoDaddy to name their idea, build a website and logo, sell their products and services, and accept payments. GoDaddy Airo®, the company’s AI-powered experience, makes growing a small business faster and easier by enabling them to get their idea online in minutes, drive traffic and boost sales. GoDaddy’s expert guides are available 24/7 to provide assistance. To learn more about the company, visit www.GoDaddy.com

 

SC Asset Hosts Exclusive Agent Briefing in Taipei to Unlock Thailand’s Real Estate Potential

TAIPEI, Feb. 18, 2025 /PRNewswire/ — SC Asset, one of Thailand’s leading property developers, will host its first Exclusive Agent Briefing in Taipei on February 25, 2025, at Humble House Taipei, Orchid Room (5th floor). This event will provide real estate professionals with exclusive insights into Bangkok’s lucrative property market and introduce collaboration opportunities with SC Asset.

With over 20 years of innovation and success, SC Asset currently has more than 90 projects on sale, ranging from single detached houses and townhomes to premium freehold condominiums. Its diverse portfolio spans all market segments, from affordable homes to ultra-luxury residences.

Attendees will gain valuable insights into Thailand’s rapidly growing real estate sector and explore investment opportunities with properties priced between 3 million TWD and 550 million TWD. Real estate agents will also benefit from a high and fast commission structure, ensuring attractive returns. To facilitate seamless transactions, SC Asset provides comprehensive support from native-speaking professionals and offers exclusive privileges and incentives to its partners.

The event will feature an executive talk by Ms. Pitchakorn Meesak, Head of Global Network, SC Asset Corporation. In addition to sharing key market insights and partnership benefits, she will engage directly with attendees, offering opportunities for networking and business collaborations.

SC Asset is actively seeking real estate professionals in Taiwan region who are interested in expanding their portfolio with premium Thai properties. The company offers strong support and attractive incentives for agents looking to introduce Bangkok’s top-tier developments to their clients.

The event will take place on Tuesday, February 25, 2025, at 1:30 PM at Humble House Taipei, 5th Floor, Orchid Room. As seating is limited, advance registration is required to secure your spot.

Register Now: https://forms.gle/ayp5jwTDuAnw9WAZ6 

For more information, please contact +66(0)65 050 5454 or email internationalbuyers@scasset.com