Business & Finance
easyJet founder Sir Stelios backs €4.9bn Apollo takeover as family commits 15% stake
The founder of easyJet and long-time Monaco resident Sir Stelios Haji-Ioannou has thrown his support behind Apollo Global Management’s recommended acquisition of the airline, backing the €6.6 billion takeover.
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ReOcean Fund backs concrete technology that turns sea walls into marine habitats
The ReOcean Fund has made its third investment in ECOncrete, a bio-enhancing concrete technology already deployed in Monaco's Port of Fontvieille, which enables marine infrastructure to actively...
The EU-Mercosur trade deal takes effect — here is what it means for Europe
Cars, wine, pharmaceuticals and beef — the EU-Mercosur trade deal entered force on 1st May, reshaping tariffs across a trading bloc of 700 million people.
From haute couture to horsepower: what drives Monaco’s retail economy
Monaco's €2.48 billion retail sector is driven primarily by luxury goods and motor vehicles, which together account for 75% of turnover — outperforming the broader economy by more than 13...
SBM renovates staff accommodation as recruitment race heats up
Monte-Carlo SBM has completed a full renovation of its seasonal staff accommodation and is building two new residences in Beausoleil and Roquebrune-Cap-Martin, adding 125 beds by 2028.
Monaco Economic Board attends ICC Europe annual meeting in London
The Monaco Economic Board participated in the ICC Europe annual meeting in London on 21 and 22 April, hosting discussions on international trade, regionalisation, and potential cooperation with...
Monaco employment figures: key trends for 2025
Monaco’s labour market remains strong, with employment up 27.6% over the past decade, despite a slight 0.7% dip in 2025 to 77,866 jobs, driven by a slowdown in the private sector.
