AGP Executive Report
Last update: 6 hours agoInvestment: Monte Carlo Capital has raised €13 million for its second fund, targeting early-stage companies in deep tech, AI and space technology. Wealth and Finance: Billionaire David Reuben’s move to Monaco adds to reports of wealthy residents leaving the UK; Banque Richelieu has also appointed a new CEO and plans to expand into Geneva. Business Representation: MEB has officially rebranded as the Monaco Chamber of Commerce, sharpening its focus on local businesses. Housing and Jobs: A National Council budget debate stalled amid clashes with the Government over housing and employment, while proposed property controls on Monaco’s historic Rock could reshape development there. Tourism: The Venice Simplon-Orient-Express plans to add a Paris–Monte Carlo route in 2027, bringing a new luxury travel draw to the Principality.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.