BUSINESS

Summary: Princess Grace Hospital in Monaco dismisses the claim of being the world’s most expensive hospital as “fake news.” Full Story: The Princess Grace Hospital Center (CHPG) in Monaco has denied claims that it is the most expensive hospital in the world. The hospital officials have dismissed the report as “fake news” from an article […]

Summary: New legal provisions have been put in place for commercial companies and Economic Interest Groups (EIG) registered with the Trade and Industry Register, requiring the designation of a responsible person for basic information on the legal entity and information on beneficial owners. Full Story: New legal provisions have been implemented for commercial companies and

Summary: The Swiss justice system has dropped a criminal case against Dmitri Rybolovlev, the owner of AS Monaco, in connection with a commercial conflict surrounding the fraudulent sale of a prestigious art collection. Full Story: The Swiss justice system has cleared Dmitri Rybolovlev, owner of AS Monaco, of all charges in the Rybolovlev-Bouvier case. The

Summary: Monaco Legend Group achieves a successful €16.27 million watch auction, selling 96.6% of lots. Full Story: Monaco Legend Group, known for its prowess in the global watch market, recently achieved a remarkable auction success by generating €16.27 million in sales. This achievement is further emphasized by the fact that 96.6% of the lots were

Summary: Butterfly Ball Monaco raises a record-breaking €1.6 million for disabled and autistic children. Full Story: The Butterfly Ball Monaco, a prestigious fundraising event organized by Caudwell Children, broke its previous fundraising record by raising €1.6 million this year to support disabled and autistic children. The event, which attracts significant anticipation and glamour, was sponsored

Summary: Condamine merchants gather to discuss strengthening their commercial synergy and enhancing the neighborhood’s appeal, with plans to boost the local economy. Full Story: The business community of Condamine in Monaco has come together to discuss plans to boost the local economy. The gathering, organized by Monaco’s Economic Development Department and the Union of Traders

Summary: Sir Stelios Haji-Ioannou hosted the annual easyGroup reunion in Monaco, bringing together representatives from all easy brands and key associates for a two-day event. Full Story: Sir Stelios Haji-Ioannou, the founder and owner of easyGroup brands, recently hosted the annual autumn reunion for the easy family of brands at the group’s headquarters in Monaco.

Summary: The article discusses a recent meeting between the representatives of Condamine’s merchants and the government of Monaco to strengthen the collaboration and support for economic activities in the area. Full Story: The Monaco Economic Development Department and the Union of Merchants and Artisans of Monaco (UCAM) recently held a meeting with the merchants of

Summary: Monaco has launched free training sessions on international targeted financial sanctions. Full Story: The government of Monaco has launched free training sessions on international Targeted Financial Sanctions as part of its ongoing efforts to combat money laundering, terrorist financing, and the proliferation of weapons of mass destruction. The sessions, offered monthly, are a collaborative

Summary: The construction sector in Monaco is expected to see a significant decrease in its workforce, potentially resulting in the loss of around a thousand jobs. Full Story: The construction sector in Monaco is expected to experience a significant decline in its workforce, with the possibility of up to a thousand jobs being lost. This