Business & Finance
Monaco’s €660 million yachting boom outpaces wider economy
New figures show the considerable economic weight of yachting in Monaco, with growth driven particularly by yacht brokerage, specialist technical services and an expanding network of businesses supporting the international superyacht industry.
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Interview: Naval Architect and Designer Espen Oeino
Who better to front the first of a series of Monaco Life forays into MYS 2022 than one of yachting’s most iconic figures of innovation and forward-thinking: naval architect and designer Espen...
Jean-Luc Biamonti: “I will leave SBM in good shape, and with a warm heart”
SBM President Jean-Luc Biamonti has told Monaco Life that he will leave as deputy chairman in six months’ time with a strong feeling of accomplishment, handing over a very different company than...
SBM appoints Stéphane Valeri as chairman, effective 2023
National Council President Stéphane Valeri is stepping down in a matter of days to succeed Jean-Luc Biamonti in running Monaco’s largest employer, Monte-Carlo Société des Bains de Mer (SBM).
IUM partners with Monaco Asset Management
A partnership between the International University of Monaco and Monaco Asset Management will see the sharing of expertise with students as well as continuing its tradition of hiring IUM alumni for...
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.