Business & Finance
What Monaco’s record-breaking GDP per employee really says about its economy
Monaco’s economy generated €152,277 per employee in 2024. But behind the headline figure is a story of sector strength, talent concentration, and a business model built for high-value productivity.
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Sandrine Sauval-Chanteloube takes over as new Director of MonacoTech
MonacoTech has elevated Sandrine Sauval-Chanteloube to the position of director. The Monegasque replaces Lionel Galfré as the head of Monaco’s successful incubator.
How much property will $US1 million buy you around the world?
One million US dollars might sound like a nice budget when shopping for a new home, but how much property can you really get for that in the world’s most expensive cities?
Laurent Anselmi steps down as Prince’ Albert’s chief of staff
The surprise shake-up of Prince Albert’s closest circle continues, with Chief of Staff Laurent Anselmi to step away from his position. However, he will remain close to the Sovereign.
Edmund Shing talks AI and investment at Monaco Economic Board event
The Monaco Economic Board invited finance world heavyweight Edmund Shing to speak at their latest event, the first in a new series of talks that will be led by English speakers.
Claude Palmero, in charge of Prince Albert’s assets, steps down
The Palace on Wednesday confirmed that Prince Albert’s Administrator of Properties Claude Palmero has handed in his resignation. It comes amid the so-called ‘Rock Files’ affair which has shaken...
Number of UHNWIs in Monaco to grow by 25% in the next five years
The global population of ultra-high-net-worth-individuals is predicted to grow by almost 30% in the next five years despite a contraction in 2022. In Monaco, the number of UHNWIs is expected to climb...
