Business & Finance
Bernard Arnault acquires legendary Cap Estel in Èze for €200 million
Bernard Arnault, CEO of LVMH, has acquired the legendary Cap Estel in Èze through his holding company Groupe Agache, in a deal worth an estimated €200 million.
Read more
Borrowing jumps by 44% in 2nd quarter
Global buyers have borrowed €3.4bn to fund their luxury property purchases so far this year, according to new research from Enness Global.
YCM partners with YPI
The Yacht Club of Monaco has announced a partnership with Yachting Partners International as part of its `Monaco: capital of yachting’ project.
CMB named best private bank in Monaco
Compagnie Monégasque de Banque (CMB) has been given the top spot for Best Private Bank in Monaco for the third year running by World Finance.
Rollout out of ‘Monaco Safe’ label begins
Businesses in the Principality have begun bearing the ‘Monaco Safe’ label, an initiative by the Prince’s government to alert customers to Monaco’s commitment to safety.
Majority of temps are young males
Monaco had an estimated 11,407 temporary workers in 2019 of which the vast majority were young and male.
CARE reviews first files
Around 20 companies have put their hands up for government support under the new CARE initiative. Businesses have only two weeks left to apply for the aid.
