Business & Finance
Monaco’s SBM reports strong half-year earnings, boosted by hospitality and real estate
Monaco’s state-linked hospitality and gaming group, Société des Bains de Mer (SBM), has posted robust earnings for the first half of its 2025/2026 financial year, with revenue climbing 10% year-on-year to €542.5 million.
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Could France be about to introduce a US-style tax system for citizens?
France's Finance Committee has proposed a new citizenship-based tax system, inspired by the US model, that is stirring up debate as it would require French citizens worldwide to pay taxes on their...
Monte-Carlo SBM reveals name of new Courchevel hotel and international brand
Monte-Carlo SBM reveals the name of its Courchevel hotel, Monte-Carlo One - Courchevel, and launches its global brand, Monte-Carlo One - Hotels & Residences, marking a new era of luxury expansion.
Europe’s hottest property markets to watch in 2025
Prices in luxury markets across the continent, including here in Monaco, are expected to rise in 2025, driven by a combination of low inflation, low interest rates and the enduring appeal of...
Monaco’s ambassador presents credentials to the co-prince of Andorra
Monaco’s Ambassador to Andorra, Valérie Bruell-Melchior, has officially presented her credentials to Archbishop Joan-Enric Vives i Sicília, the Episcopal Co-Prince of Andorra.
LVMH expands events and property portfolio with acquisition of historic Cannes villa
LVMH has acquired the stunning Villa Bagatelle in Cannes for a reported €46.5 million, with plans to transform the historic property into a hub for exclusive events and experiential branding.
MEB sets sights on Japan ahead of 2025 World Expo in Osaka
The Monaco Economic Board (MEB) is laying the groundwork for its upcoming trade mission to Japan, which will coincide with the Osaka World Expo in June 2025.