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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What is the Blue Fund?
Businesses looking for a digital overhaul will have up to 70% of the project paid for by the government in a recovery package designed to help companies reach their digital potential.
Brexit and VAT explained for Monegasque companies
When the UK officially left the European Union on 1st January 2021, the concept of intra-community transactions between Monaco and the UK, which are exempt of VAT, ended.
CSM signs finance deal with coral molecule maker
The CSM has become the first public entity to take an interest in a private company, signing a financial deal with startup Coraliotech for its work applying coral molecules to human health.
Government launches Monaco Boost incubator
Monaco’s entrepreneurial eco-system has received a major “boost” thanks to the opening of another government funded start-up incubator capable of supporting 108 businesses.
Overcoming gender bias in financial system
New research from Barclays Private Bank shows that the next generation of HNW women are set to change family and banking dynamics as their share of global wealth steadily increases.
Restaurant closures amid police blitz
A major control by authorities in Monaco has found that a third of the cafés and restaurants were in breach of strict health controls, while four were shut down for repeated offences.