Business & Finance
Monaco’s €660 million yachting boom outpaces wider economy
New figures show the considerable economic weight of yachting in Monaco, with growth driven particularly by yacht brokerage, specialist technical services and an expanding network of businesses supporting the international superyacht industry.
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Monaco invokes “fraud” to challenge €140 million Esplanade des Pêcheurs penalty
The Monegasque government has filed a Supreme Court appeal to annul a €140M penalty to Caroli Immo, alleging fraud by the developer and its lawyers in the Esplanade des Pêcheurs case, Monaco Matin...
France: Minimum wage raised by 2% in November
The minimum wage in France was raised by 2% on 1st November, increasing the hourly rate to €11.88 and the net monthly salary for full-time workers to €1,426.30. The change will benefit over 17%...
Six local business leaders and pioneering companies honoured at Monaco Eco Club Awards
Among the winners of the 2024 Monaco Eco Club Awards are Françoise Puzenat, who has been Head of BNP Paribas Monaco since 2022, and Dr Pierre Lavagna, the founder of Otoneuro Monaco, who was...
Monaco reaffirms commitment to combating cross-border financial crime
Monaco has renewed its commitment to combating global financial crime by pledging support and funding for the United Nations' Global Programme to Combat Money Laundering, which is set to focus on the...
Fonds Bleu evolves to drive Monaco’s digital future and business growth
The Monaco Government is taking its digital revolution to the next level with the launch of phase two of the Fonds Bleu, or the Blue Fund, initiative.
Fairmont Monte Carlo announces Alexandre Ariel as new General Manager
After more than 15 years with the hotel, Alexandre Ariel has been formally appointed General Manager of the Fairmont Monte Carlo.
