AGP Executive Report
Last update: 7 hours agoMonaco Business & Economy: SBM climate adaptation: Monte-Carlo Société des Bains de Mer has launched a group-wide review after extreme summer heat hit restaurant activity, with a report due by end-2026 and measures like more shade, misting, stronger cooling and lighter uniforms planned for summer 2027. Yachting & Luxury Trade: Monaco Yacht Show push: Antigua and Barbuda will use the 35th Monaco Yacht Show (Sept 23-26) to court charter business and marine investment, while Egypt returns with an expanded national pavilion highlighting Suez Canal transit and Red Sea services. Marinas investment: Private equity giant Blackstone is betting on the marina boom as yachts get bigger, expanding its marina portfolio to around 200 sites, including Mediterranean operations serving Monaco-area traffic. People & Finance: Julius Baer India hires: Julius Baer India appoints Jayesh Kothari as CHRO to support growth in relationship management and mid-office operations. Sports & Business Culture: Ratcliffe UK row: Manchester United co-owner Sir Jim Ratcliffe, a Monaco tax resident, says the UK is “on the slide,” drawing Labour backlash over “moral high ground” and “tax exile” politics. Monaco spotlight in sport: Monaco midfielder Lamine Camara remains a transfer talking point after reports of interest from major clubs, including Liverpool. Community & Events: Prince Albert II Foundation turns 20: Monaco’s Prince Albert II Foundation marks two decades with a star-studded gala and renewed focus on climate, biodiversity and water projects.
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