AGP Executive Report
Last update: a minute agoVenture Capital: Monaco-based Monte Carlo Capital has raised €13 million toward a €26 million second fund for early-stage deep-tech, AI and space-tech companies. It has already backed five businesses. Business Community: MEB has rebranded as the Monaco Chamber of Commerce, sharpening the Principality’s business representation. Public Policy: A budget debate was suspended amid a government–National Council clash over housing and jobs, while proposed new property controls for Monaco’s historic Rock could reshape development. Wealth and Property: Billionaire David Reuben’s move from Britain adds to the flow of wealthy residents relocating to Monaco, a trend with implications for the Principality’s prime property market. Tourism: The Venice Simplon-Orient-Express will add Monte Carlo to its route in 2027, with the first Paris–Monaco journey scheduled for May 10.
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