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.
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Tourism taking a major hit
The fallout from the Covid-19 crisis on tourism in Monaco and the French Riviera could potentially be devastating to the local economies.
Commerce figures down in early 2020
The latest figures from IMSEE show that business was slightly down in both the retail and automotive repair sectors in February ahead of the coronavirus lockdown.
CMB initiates campaign for Princess Grace Hospital
The Compagnie Monégasque de Banque (CMB) has set up a fund-raising campaign to benefit the Princess Grace Hospital Centre of Monaco.
Strict legal requirements for Monaco's construction sites
Following news that construction has resumed at Monaco’s Larvotto beach development, the government has written into law strict safety measures to be employed at all construction sites across the...
Additional support for businesses
The government has bolstered some of the support systems it introduced recently for businesses in the Principality.
Barclays unveils aid for coronavirus relief
Banking giant Barclays has announced the launch of a £100 million package in an effort to help those most affected by the Covid-19 epidemic.
