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 moreMonaco declares €50 million economic package
The Monaco Government has announced that it will release €50 million to counteract the impact of the Covid-19 crisis.
Economic impact spreading faster than Covid-19
As Italy goes into lockdown and tourism businesses enter a tail-spin, there are calls for governments to put as much effort into halting the economic impact of Covid-19 as treating the health crisis.
Port Palace hotel under new ownership
French property investor The Madar Group has just bought the Port Palace from Lofti Maktouf. Their plan is to update the hotel to meet the expectations of today’s savvy young clientele.
Markets weekly
After Super Tuesday last week showed former vice president Joe Biden resurrecting his campaign and halting Bernie Sander’s progress, this Tuesday sees a flurry of state primaries and caucuses.
Barclays named best private bank in Monaco for Sustainable and Impact
Euromoney has announced Barclays Private Bank as the best private bank in Monaco for ESG/Impact Investing, according to its 2020 Private Banking and Wealth Management Survey.
Monaco Sunday Experience returns in time for Grand Prix
Monaco’s trade professionals and government officials gathered together at the Welcome Office earlier this week to prepare for the launch of the 2020 Monaco Sunday Experience.