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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MEB strengthens ties with Antwerp
A delegation of entrepreneurs headed by the Monaco Economic Board has taken part in a trade mission to Antwerp, Europe’s second largest port and the world capital of diamonds.
Montecarlo Automobiles launches two new prototypes
Two sleek prototypes by Montecarlo Automobiles made their world-premiere during the Monaco Yacht Show marking the rebirth of the brand, with a new president and CEO at the helm.
Interview: Patrick Coote, Northrop & Johnson
Patrick Coote talks artificial intelligence, whether this year’s Monaco Yacht Show lived up to expectations, and what it’s like to head the fastest growing yacht brokerage in the continent.
Latest budget “more in line with reality”
Thursday’s amendment by the National Council to the State’s doom and gloom budget of June shows not the forecasted deficit, but a fairly healthy one that is nearly balanced.
MonacoTech looking for new round of entrepreneurs
MonacoTech, the start-up incubator founded in the Principality in 2017, has put out its annual call for new start-ups in the green, clean, bio-med, financial yachting and digital tech worlds.
SBM looks ahead after dismal financial year
Despite a 46% drop in turnover for the 2020/21 financial year, SBM Monte-Carlo has revealed an exciting new expansion plan for the famed Café de Paris in the Casino Square.