Business & Finance
Brought to you by: Monaco Life
According to a press release issued by the Prince’s Palace, the new project will be smaller in scale and must “provide the surfaces necessary for the sustainability of the Formula 1 Grand Prix in the Principality and preservation of access to emergency services. The modified program will include a private building as well as a State-owned housing building, premises for port professionals and a museum dedicated to Man and the Sea.”
Top photo: The project will be located at the entrance of Port Hercule. Monaco Life, all rights reserved
Société des Bains de Mer has confirmed the sale of its 47% stake in Betclic Everest Group, a French online gambling company, in a deal that garners €710 million profit for Monaco’s largest company.
The UAE is set to overtake the US in attracting the largest number of emigrating millionaires in 2022, according to a new report, though Monaco still remains a very attractive option.
Monaco has posted Lorenzo Ravano as new Ambassador to represent the country in Berlin. He was welcomed in the German capital where he met with the German President.
The AS Monaco football club boutique and jersey provider Kappa have become members of the government’s environmental label, a move that comes with some serious commitments to the environment.