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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Government discusses action plan following GRECO anti-corruption report
Monaco’s government is ramping up efforts to tackle corruption at the highest levels, following recommendations from a recent GRECO report.
France: Huissiers now authorised to mediate and negotiate real estate transactions
As of 1st September, huissiers in France have been granted new privileges, enabling them to offer real estate mediation and negotiation services alongside their traditional duties.
Italy’s flat-tax rate for HNWIs doubled to €200,000
Italy’s flat-tax rate for wealthy foreigners in exchange for residency has been raised from €100,000 to €200,000 with immediate effect by Prime Minister Giorgia Meloni.
Hiring household staff in Monaco: expert insights from Sophie Marquet
Employing household staff in Monaco can be a straightforward process when adhering to the Principality’s labour laws, but there are several important factors to consider.
From concept to reality: JCI Monaco seeks to empower aspiring entrepreneurs through targeted events
Over the next few months, the Jeune Chambre Économique de Monaco will be hosting two business-minded events with the goal of helping young people in the Principality with good ideas and an...
Michel Barnier appointed as France’s new prime minister
French President Emmanuel Macron has chosen 73-year-old Michel Barnier as the new prime minister, ending nearly two months of political gridlock following legislative elections that left Parliament...
