Business & Finance
SBM posts record revenues of €861.6 million as American clientele drives Formula 1 boom
SBM reported record revenues of €861.6 million for 2025/2026, up 12%, with net profit of €112.9 million. North American visitors are now the group’s leading clientele, with Formula 1 a key driver of growth.
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Louis Starck appointed to lead Monaco’s Hôtel de Paris Monte-Carlo
Louis Starck, one of the Principality’s most respected hoteliers, has taken over as General Manager of the Hôtel de Paris Monte-Carlo, the landmark palace that has defined Monaco’s luxury scene...
Monaco’s economy surges ahead as finance minister outlines digital revolution
Monaco's economy is thriving at a pace that defies its neighbouring regions, growing at 5% annually in real terms while the eurozone barely exceeds 0.5%, a JCI conference heard Thursday morning.
French banks to enforce name-checks on transfers
From 9th October, all French banks and payment institutions will be required to verify that the name of a payment recipient matches the IBAN provided before authorising a transfer.
Monaco Private Label hosts strategic dinner during Monaco Yacht Show
A high-level networking dinner was held in Monaco last week as part of efforts by the Principality to strengthen international business ties during the Monaco Yacht Show.
Photos: Ribco and Brooks Brothers host joint reception during Monaco Yacht Show
Greek performance boatbuilder Ribco and American fashion house Brooks Brothers teamed up during the Monaco Yacht Show, co-hosting a reception for more than 300 guests at the Yacht Club de Monaco.
New commercial spaces available for rent on Avenue Princesse Grace
These ground-floor spaces are positioned on the prestigious Avenue Princesse Grace, offering prime visibility and foot traffic in one of the most exclusive areas of the Principality.
