Business & Finance
The great wealth transfer begins: billionaire heirs inherit nearly $300 billion in one year
Global billionaire wealth just hit a record high. UBS’s 11th Billionaire Ambitions Report reveals how heirs, innovation, and a massive wealth transfer are reshaping power and fortune in ways we’ve never seen before.
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Barclays marks centenary year
Barclays Private Bank is this year celebrating its 100th anniversary of opening in Monaco and will mark the milestone by showcasing some of its precious mementos.
Tourism takes another hit during festive season
The festive season in Monaco was “not catastrophic”, according to Guy Antognelli, the Principality’s Director of Tourism, but it was not “as good as had been hoped for”.
How Monaco supports the world’s poorest countries
Monaco’s financial assistance to developing countries and those in need packs a big punch for a small nation. Within a decade, it doubled its international contribution to €22 million a year.
Mandatory work from home until at least end of January
As the Christmas holiday draws to a close, the government has announced it is reintroducing an order for employees to work from home, effective immediately, to limit the spread of Covid-19.
New gin named for “Explorer Prince” Albert I
Monaco Gin, a local distiller offering its first premium gin, has created a beverage named after the iconic Monegasque leader and environmentalist, Prince Albert I.
Monaco restates commitment to refugees
The Global Compact on Refugees turned two this year and Monaco joined other signatories to review strategies and plans for the future in aid of displaced persons and host countries around the world.
