Business & Finance
Monaco’s GDP doubles in a decade: which industries are fuelling the Principality’s growth?
Monaco’s economy has almost doubled in size over the past decade, with GDP soaring from €4.94 billion in 2013 to €9.24 billion in 2023, according to the latest IMSEE data. This rapid growth, in stark contrast to slower recoveries across Europe, positions the Principality as an economic powerhouse driven by high-value industries.
Read more
Judicial ties with UAE closer to reality
Monaco has moved another step closer to strengthening judicial relations with the UAE that include mutual legal assistance and extradition.
Government praises success of Operation Carlo
Carlo, a locally-produced app that encourages people to purchase within the Principality, has directed €9 million to the local economy, says the government, largely thanks to its support of the...
Goldman Sachs set to return to the Principality
New York-based multinational investment firm Goldman Sachs is setting up shop again in Monaco, expanding operations for HNWIs as part of its European strategy.
Stoli vodka group becomes Venturi’s major sponsor
In a rare show that drinking and driving can indeed go together, Venturi Racing, the Monaco-based Formula E motor racing team, has joined forces with Stoli Group’s elit Vodka.
2021 was a super year for superyachts
Despite the Covid-19 pandemic, 2021 was a remarkable and impressively successful year in the luxury yacht brokerage sector for purchase, sale, charter and virtually every aspect of the business.
MEB takes London by storm
The Monaco Economic Board spent two days in the English capital, renewing ties and creating new bonds for future investment and collaborative opportunities.
