The SWIFT system stands for the Society for Worldwide Interbank Financial Telecommunication. It is the world's leading provider of secure financial messaging services.
The Government of India has approved a USD 1 billion line of credit (LoC) for Sri Lanka, to help the Island nation for importing food, essential items and medicine.
The Prime Minister of Malta, Robert Abela has been sworn in for a second term after his ruling Labour Party won the 2022 general election in a landslide victory.
Paris-based Financial Action Task Force has added the UAE in its Grey List. It is a list of 23 countries of increased monitoring including fellow Middle-East nations Jordan, Syria and Yemen.
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