Local News
Monaco’s 2024 finances soar with €193 million surplus and record revenues
The big story this year? A major leap in corporate income tax, which shot up by nearly 44%, adding more than €100 million to the state’s coffers.
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Loox of LBS leaves a Mark in Monaco
The International University of Monaco (IUM) has announced the Loox project as the winners of the 2017 Mark Challenge, which saw 75 teams from 16 different countries submit a luxury retail business...
Arnault offers to buy rest of Dior
Bernard Arnault has offered to buy the 26 percent of Christian Dior that he and his family don’t already own for about €12.1 billion. His aim is to merge Christian Dior’s couture operation into...
Ambassador of Great Britain presents credentials
Gilles Tonelli, Minister of Foreign Affairs and Cooperation, received Lord Edward Llewellyn, Ambassador Extraordinary and Plenipotentiary of Great Britain, at a luncheon held at Monte Carlo Bay. HE...
Monaco ups its anti-Malaria programmes
According to the World Health Organisation, one child still dies of malaria every two minutes, mainly in Africa. Faced with this, the Government of the Principality, through its Directorate of...
France cracks down on speeding, expects to raise extra millions
Speeding drivers are about to face a major onslaught as France starts to install 400 “smart” cameras on its motorway network. Each of these devices will be able to identify up to a dozen...
Monaco’s French residents voted in greater numbers
French residents in Monaco voted in greater numbers in the first round of France’s Presidential election on Sunday, April 23. Turnout was 55.8 percent, considerably higher than in the 2012election,...
