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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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.
Civil servants to get pay hike to combat inflation
Monaco’s Minister of State Pierre Dartout has held his annual press conference marking the return to work after the summer holidays, encouraging people to “remain mobilised and reasonably...
Q2 stats reveal record-busting revenues for Monaco
Revenues rose 21% in Q2 of 2022 to reach a record-high of €8.7 billion, and that’s not counting Financial and Insurance activities. Here are some other standout figures from the latest IMSEE...
A busy few months ahead for MEB members
The Monaco Economic Board (MEB) returned to work on Tuesday after the summer holidays for its 42nd Members Rendezvous, looking ahead to the many events planned between now and the end of the year.
