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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Grimaldi Forum inaugurates new terrace
The Grimaldi Forum has inaugurated its new Ravel Terrace, giving extra room to visitors in a beautiful open air setting and sea views that can’t be beat.
Boosting remote opportunities for Italian workers
Remote working for cross-border employees was the hot topic of discussion between the Monaco government and Italy’s new Ambassador in Monaco Giulio Alaimo this week.
Green light to chase casino debt
The National Council has passed a long-awaited bill allowing the SBM to chase bad debts incurred at its casinos – a move which could already put millions back into its coffers.
Monaco welcomes new ambassadors
The Principality has received four new ambassadors this week from Japan, Spain, Czech Republic and India.
France to ease lockdown within days
Four weeks after France entered its second lockdown, the country will begin its gradual release, with stores reopening just in time for the busy Christmas period.
Millennials driving sustainable investing
New research from Barclays Private Bank shows that the younger members of wealthy families are pushing ESG investing, acting as a common ground for the different generations.
