Business & Finance
Bernard Arnault acquires legendary Cap Estel in Èze for €200 million
Bernard Arnault, CEO of LVMH, has acquired the legendary Cap Estel in Èze through his holding company Groupe Agache, in a deal worth an estimated €200 million.
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CFM Indosuez donates €50,000 for students in need
CFM Indosuez Wealth Management has renewed its support for the charity AMADE with a donation to support two education projects for young people from modest backgrounds.
GDP per employee was €106,719 in 2020
Monaco’s GDP fell by a significant 11.8% last year as Covid took its grip on the Principality, according to a new report by statistics group IMSEE.
Simplifying customs in a post-Brexit world
A new customs office has been inaugurated on Port Hercule and Franzosini Monaco has become the first to be granted customs clearance declarant permission in Monaco.
Supporting a circular economy this Christmas
Carlo, the app that rewards buyers for local purchases, will be again offering gift vouchers to employers who wish to give their workers an end of year treat this holiday season.
Monaco start-up secures €3.7 million in funding
Monaco start-up YouStock has reached a major milestone with three major new investors, giving them the capital to expand not only in France, but also internationally.
Government unveils outline of 2022 budget
Minister of State Pierre Dartout has presented the Principality’s 2022 primitive budget, citing a positive balance and a “clear improvement” in the overall economic situation.
