Business & Finance
Marriott hotel in Cap d’Ail sold to Swiss investment firm Achernar Assets
The Riviera Marriott Hotel La Porte de Monaco in Cap d’Ail has been sold by Schroders Capital to Swiss-based Achernar Assets in a deal reportedly worth €85 million.
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Jean-Luc Biamonti: “I will leave SBM in good shape, and with a warm heart”
SBM President Jean-Luc Biamonti has told Monaco Life that he will leave as deputy chairman in six months’ time with a strong feeling of accomplishment, handing over a very different company than...
SBM appoints Stéphane Valeri as chairman, effective 2023
National Council President Stéphane Valeri is stepping down in a matter of days to succeed Jean-Luc Biamonti in running Monaco’s largest employer, Monte-Carlo Société des Bains de Mer (SBM).
IUM partners with Monaco Asset Management
A partnership between the International University of Monaco and Monaco Asset Management will see the sharing of expertise with students as well as continuing its tradition of hiring IUM alumni for...
Economist Jean-Pierre Petit analyses year ahead
Economist Jean-Pierre Petit has told a room full of entrepreneurs that he expects the war in Ukraine to last much longer than anticipated, and that inflation in Europe will continue to rise into next...
Nice Mayor claims city as top tourist spot in France
The Mayor of Nice Christian Estrosi declared his city to be France’s number one tourist destination after a stellar summer season, with visitor numbers well above pre-pandemic figures.
Bel Air residence projects gets “green” light
A new apartment complex, the Bel Air, has been given the go-ahead to start works by the municipal council. Here’s more on this modern and energy-efficient site.
