Business & Finance

Latest news

1st quarter results show 74% loss in turnover

The health crisis is thwarting the recovery efforts of Monaco’s largest employer, SBM, which saw profits plummet this summer ahead of a “very difficult” winter.

Tourism in Monaco “less gloomy” than predicted

The summer tourist season was better than expected thanks to the loyalty of French, Swiss and Italian visitors, according to the latest figures by the Tourism and Congress Department.  

Inside Monaco's major development sites

Minister of State Pierre Dartout has toured the main construction sites of the Principality, taking stock of the major developments that are currently under way.

New Ambassadors welcomed

It’s been a month of diplomatic accreditations, with several ambassadors officially presenting their credentials in Monaco and internationally.

Half year balance sheet takes stock of crisis

The crisis brought about by Covid-19 cost the Principality €900 million in profits for the first half of the year, the latest report from IMSEE has revealed.

New Italian Ambassador

Giulio Alaimo has presented his credentials as the new Ambassador of Italy to Prince Albert.