Press Release
Eswatini Becomes a New Financial Hub: iSwiss Bank Secures Free Economic Zone License
Christopher Aleo aims to transform the small African kingdom into a global economic center, offering unique incentives for businesses.
London, United Kingdom, 6th Nov 2024 – iSwiss Bank, through its subsidiary FZ CAPITAL JSC, is proud to announce that it has obtained the first Free Economic Zone license in the Kingdom of Eswatini. This landmark agreement, signed directly with His Majesty King Mswati III, marks a significant step forward for Eswatini, positioning it as one of the most competitive and attractive destinations for international investors and entrepreneurs, with tax incentives reaching as low as 0%.

A Groundbreaking Development Project
The establishment of a zero-tax Free Economic Zone will open Eswatini’s market to a wide range of global investors, with projections to register between 600,000 and 1 million new companies by 2025. This favorable fiscal environment, combined with advanced financial infrastructure and global banking connections, promises substantial benefits for both foreign entrepreneurs and the local population. The Free Zone will provide direct access to multi-currency bank accounts, simplifying and streamlining international economic transactions.
The Vision of Christopher Aleo, CEO of iSwiss Bank and Interim President of the Eswatini Free Zone Authority
Christopher Aleo, CEO of iSwiss Bank and the driving force behind this Free Zone initiative, shared his vision for the project: “After spending many years in Dubai and working closely with Middle Eastern royal families, I’ve had the opportunity to observe and understand the success models that have made cities like Dubai and other economic hubs international benchmarks for business. This experience, coupled with my travels to Georgia, Kazakhstan, Bulgaria, and other countries, allowed me to integrate the best aspects of various Free Zones worldwide, always keeping in mind the needs of modern digital entrepreneurs, consultants, and freelancers.”
Aleo added, “Today, many entrepreneurs, freelancers, and digital consultants feel lost when faced with complex tax regulations and bureaucratic processes that delay business setup. In Eswatini, we’ve made it possible to open a business in under three minutes, complete with a multi-currency bank account and global payment services. Thanks to our advanced facial recognition and document verification systems, clients can register quickly and securely without the long, costly trips typically required to open accounts abroad. Our goal is to provide them with the best possible experience while ensuring full compliance with anti-money laundering regulations.”
A Global Financial Platform for New Businesses
The Free Economic Zone project goes beyond offering tax incentives; it aims to create a modern and interconnected economic platform. New companies will be able to operate as though they were based in the home country of their commercial counterpart, with fast, secure, real-time transactions that break down geographical barriers and simplify international trade. SEPA, ACH, and SWIFT connections provided by iSwiss Bank will enable money transfers worldwide with the same speed as local transactions, making Eswatini one of the most financially interconnected states in Africa.
Incentives for Industrial Development and Job Growth
The Eswatini Free Zone is also committed to boosting the industrial sector. iSwiss Bank has already allocated significant funds for building state-of-the-art industrial facilities and logistical areas, which will create high-quality job opportunities for the local population and foster skill development in high-demand sectors. In partnership with the Eswatini Free Zone Authority, training programs for the local workforce will be launched, contributing to the creation of a competent, globally aligned labor force.
A Historic Meeting with Eswatini Government Officials
It was a great honor for Christopher Aleo and the entire iSwiss team dedicated to African development to meet personally with key government figures in the Kingdom of Eswatini: Prime Minister H.E. Russell Dlamini, Finance Minister H.E. Neal Rijkenberg, and Commerce Minister H.E. Manqoba Khumalo, along with the entire government team. “We immediately recognized that we could help bring this beautiful nation to ever greater heights, supporting its economic and social growth,” Aleo commented.
Looking Ahead: Innovation and Accessibility for Investors and Businesses
This agreement between iSwiss Bank and the government of Eswatini is only the first step in a long-term partnership, with plans to expand into key sectors such as tourism, precision agriculture, and renewable energy. The objective is to establish Eswatini as an economic hub for the entire African continent, following in the footsteps of successful Free Zones like those in Dubai.
Eswatini is on track to become a prime destination for global business, creating a fiscal and financial environment that accelerates new business growth and offers substantial returns for the nation. The innovative approach of iSwiss Bank, combined with the visionary support of the government and His Majesty King Mswati III, is transforming this African nation into a significant international market, providing an unprecedented opportunity for investors, entrepreneurs, and citizens alike.
Media Contact
Organization: iSwiss Bank SA
Contact Person: D.ssa Monica Diamanti
Website: https://iswiss.ch/
Email: Send Email
City: London
Country: United Kingdom
Release Id: 06112419502
The post Eswatini Becomes a New Financial Hub: iSwiss Bank Secures Free Economic Zone License appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Avenix Fzco Introduces Avexbot: Data-Driven Precision for Forex Traders
Limassol, Cyprus – 03/04/2025 – (SeaPRwire) – Avenix Fzco announces the launch of Avexbot, an advanced algorithmic trading system leveraging high-quality tick data to enhance forex trading accuracy. In 2025, the trading world is buzzing about the importance of top-notch data, the quality of your data can make all the difference between success and failure. There’s a growing trend towards using top-notch data processing to supercharge trading strategies. Avexbot, developed by Avenix Fzco, is leading the charge by seamlessly integrating high-quality data into its algorithmic framework, giving traders a real edge in the competitive forex market.
Why Quality Data Matters More Than Ever
Good trading is all about timing and accuracy. But in fast-moving markets, relying on outdated or poor-quality data can skew analysis and lead to missed or misjudged trades. That’s why dependable, high-resolution tick data is essential. It enables trading systems to track market behavior with more clarity and accuracy, turning raw numbers into real insight.
Foundations Built on Precision
Avexbot has been built and refined using 100% quality tick data from Tick Data Suite (Thinkberry SRL). This long-term, high-resolution dataset gives Avexbot the foundation to interpret market conditions accurately, shape its strategies around reliable inputs, and minimize false signals or missed setups.
Practical Features for Informed Decisions
Avexbot’s design puts this data to work with a feature set geared toward clear, disciplined trading:
- Candlestick-Based Momentum Mapping: Avexbot calculates average candlestick values over specific periods based on its examination of daily chart data. This methodology serves as the foundation for identifying market trends and determining opportune moments to enter trades.
- Built for GBP/USD on M15: Focused on one of the most traded currency pairs, it balances opportunity and control with a 15-minute timeframe.
- Intelligent Risk Management: Includes automatic stop-loss settings and real-time position sizing adjustments, adapting to shifting market conditions to protect capital.
What’s Next for Algorithmic Trading
With algorithmic trading expected to grow from $19.95 billion in 2024 to over $22 billion in 2025, quality data and adaptable infrastructure are fast becoming the new standard. Traders using systems built on strong data foundations will be better equipped to handle volatility and evolve with the market.
Avexbot reflects this movement, where clean data meets careful execution. It’s not about chasing trends, but about building a trading system that holds up over time.
About Avexbot
Avexbot is dedicated to providing innovative trading solutions, combining advanced algorithms with expert market insights to enhance forex trading efficiency. Designed for both novice and experienced traders, its expert advisors (EAs) streamline decision-making and maximize profitability. Learn more at https://avexbot.com/.
Media contact
Brand: Avexbot
Contact: PR team
Email: support@avexbot.com
Website: https://avexbot.com/
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Asagaia Launches its Gamified App known as 1xMM for DeFi Education & Trading
1xMM is a gamified DeFi mini-app that educates users on finance, simplifies trading, and fosters engagement, paving the way for a Metabank.
London, United Kingdom, 1st Apr 2025 – Asagaia Europe Ltd officially announces the launch of 1xMM, on their X account, an innovative gamified DeFi mini-app designed to simplify trading, educate users on financial concepts, and introduce next-generation trading tools.
Set for release by the end of April 2025, this app working as an MVP for the coming exchange, aims to bridge the gap between traditional finance and decentralized markets, paving the way for a Decentralized Order Book Metabank that will redefine how users interact with decentralized markets and liquidity networks.
In addition, Asagaia, has launched its 1xMM Blockchain Token on Ethereum to support this new Ecosystem and is planning on a series of NFT’s by the end of the year.

Addressing the Complexity of DeFi
The decentralized finance (DeFi) market is experiencing rapid growth, with projections estimating an increase from $90 billion today to $350 billion by 2030.
However, many users face barriers to entry due to the complexity of DeFi platforms. 1xMM seeks to lower these barriers by providing an interactive and engaging educational environment for users to explore DeFi trading safely and effectively.
The app provides a structured onboarding process that allows users to familiarize themselves with DeFi mechanics before transitioning to real-world trading. 1xMM is the first project of Asagaia that will eventually create a real order book same as we find in traditional finance.
Key Features of the 1xMM game
Simulated Trading Platform: Users can trade assets in a safe, practice-based environment, gaining real-world trading experience and test strategies without financial risk.
Gamified Learning Experience: Interactive tutorials guide users through essential DeFi concepts like staking, liquidity provision, and decentralized exchanges. This simplifies DeFI’s concepts through those learning modules.
Reward-Based Progression: Completing trading challenges unlocks incentives, making learning both fun and rewarding while easing the onboarding process.
Integrated DeFi Tools: The app serves as an entry point for new users while also introducing experienced traders to innovative trading strategies and tools.

Beyond its educational and engagement functions, 1xMM serves as the foundation for future developments in decentralized finance. The platform aims to facilitate the evolution of decentralized order books and perpetual staking pools. As DeFi adoption continues to expand, Asagaia Europe Ltd anticipates that 1xMM will play a key role in shaping the next generation of decentralized trading platforms.
The platform aligns with a growing trend of bridging traditional financial tools with DeFi innovations, similar to developments seen with platforms such as dYdX and GMX. By integrating familiar trading mechanisms with blockchain technology, 1xMM seeks to make decentralized finance more accessible to a broader audience.
About Asagaia Europe Ltd
Asagaia Europe Ltd is a financial technology company dedicated to advancing decentralized financial solutions. With a mission to enhance accessibility and innovation in DeFi, Asagaia Europe Ltd develops products that empower users to engage with blockchain-based financial ecosystems.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Prestige Yacht Rentals Announces 2025 Summer Season Availability for Private Boat Rentals on Lake Michigan, Chicago IL
As summer kicks off in Chicago, Prestige Yacht Rentals invites locals and tourists to experience the city from the water. Operating out of Diversey Harbor, the company offers a fleet of 8 premium yachts ranging from 31′ to 46′. Ideal for events and leisure cruising, each charter includes top-tier amenities and flexible pricing starting at $150/hour. With demand rising for Chicago Playpen boat rentals and private yacht charters, early reservations are encouraged for peak weekends and holiday events.
Chicago, IL – March 2025 – Prestige Yacht Rentals, a private boat rental service based in Chicago, has officially opened bookings for the 2025 summer season. Operating from Diversey Harbor, the company offers a fleet of eight vessels ranging from 31 to 46 feet, providing charter options for a variety of group events including corporate outings, private celebrations, and lakefront cruises.

With convenient access to popular destinations such as the Chicago Playpen and the Chicago River, Prestige Yacht Rentals continues to serve both local residents and visitors seeking an unforgettable way to explore the city’s waterfront. The company emphasizes safe, private charters with weekday pricing starting at just $150 per hour.
“Chicago summers are all about making memories on the water,” said Nasco, owner of Prestige Yacht Rentals. “Our goal is to offer an elevated yet affordable boating experience for those looking to enjoy the city from a different perspective.”
What to Expect Onboard:
Each vessel comes equipped with Bluetooth sound systems, a floating lily pad for added fun, and spacious decks perfect for socializing—everything needed to create the ultimate summer experience on Lake Michigan.
Important Rental Information:
A USCG-licensed captain is required for every charter. Captains are not included in the rental price and are hired separately at an average rate of $100–$150 per hour.
The legal capacity is 12 guests per vessel, not including the captain.
Weekend charters follow a fixed schedule with limited availability due to high demand.
Advance reservations are highly recommended, especially for Memorial Day Weekend, Fourth of July, and the Chicago Air & Water Show.
Now Accepting 2025 Charter Bookings:
Whether you’re celebrating with friends or exploring the lakefront in style, Prestige Yacht Rentals makes luxury boating in Chicago easy and memorable.
For more information or to inquire about availability, visit www.prestigeyachtrentals.com or follow @PrestigeYachtRentals on Instagram and Facebook.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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