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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Small businesses fuel EU economy, making up 99% of companies
Micro and small businesses dominate the EU’s economic landscape, representing a remarkable 99% of all companies within the bloc, according to the latest Eurostat data.
New legal regulations for Monaco-based companies and Economic Interest Groups
In a bid to enhance transparency and accountability, the Monaco Government has announced new legal requirements for businesses and economic interest groups operating in the Principality.
New ambassadors from Burundi, Serbia and Nepal welcomed in Monaco
Monaco’s latest ambassadors, Isaïe Kubwayo of Burundi, Ana Hrustanovic of Serbia and Nepal's Sudhir Bhattarai, have officially been installed in their new posts following key meetings with Prince...
National Council pushes for universal bank access for all Monaco residents
The National Council is proposing a change in the law that governs who can have a bank account in the Principality, with those in favour of the update arguing that it should be easier for residents...
National Council officially passes 2024 Amending Budget
Monaco’s National Council has formally passed the 2024 Amending Budget, with its president, Thomas Brezzo, calling the development "a signal of shared confidence" following months of conflict...
Monaco’s Foreign Affairs Minister on diplomatic mission in Burundi
The Principality’s Minister of Foreign Affairs and Cooperation, Isabelle Berro-Amadei, has spent five days in the East African nation of Burundi on a visit intended to strengthen ties and formalise...
