Business & Finance
Monaco’s SBM reports strong half-year earnings, boosted by hospitality and real estate
Monaco’s state-linked hospitality and gaming group, Société des Bains de Mer (SBM), has posted robust earnings for the first half of its 2025/2026 financial year, with revenue climbing 10% year-on-year to €542.5 million.
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Monaco Real Estate: New build sales top €1 billion for first time ever
In Part I of Monaco Life’s Real Estate Review for 2022, we look at the impressive growth – in volume and in yield – of the Principality’s new build sector.
Stéphane Valeri takes on role as head of SBM
Former National Council President Stéphane Valeri has officially taken over as Chairman of Monaco’s biggest company, the Société des Bains de Mer.
Monaco to “step up” financial crime action after damning Moneyval report
The Prince's Government has expressed its “full support” for recommendations made by Moneyval that Monaco should “step up” its efforts to investigate and prosecute money laundering, to...
Luxury real estate is booming in the Alps
Property in ski resorts is experiencing the fastest price rise in nearly a decade, but emerging trends show buyers want more than just a rentable investment with good access to the slopes.
Hundreds come together for MEB members meeting
It was in the new Fairmont Monte-Carlo Grand Salon where 300 decision-makers and personalities gathered on Wednesday evening for the 43rd Members Meeting of the Monaco Economic Board.
World Economic Forum 2023: Ukraine, cost of living and climate on Davos agenda
The World Economic Forum kicked off in a big way on Monday, with a serious list of items of concern being tackled by everyone from heads of state to business leaders. Here’s what’s on the...
