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.
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Former F1 team boss off the hook for tax evasion
After 12 years and six trials, former Renault F1 team boss and Monaco resident Flavio Briatore has been acquitted for tax evasion. Now he’s looking to recuperate losses.
Monaco gets a new Irish bar
As the saying goes, the Irish are Ireland’s greatest exports. An intrepid bunch, they can be found all over the globe in a variety of occupations, but by far the most ubiquitous is in the Irish...
Monaco strengthens links with Dubai health authority
As part of his official visit to the Monaco Pavilion at the Dubai World Expo, Minister of Social Affairs and Health Didier Gamerdinger signed an agreement with the Dubai Health Authority.
This is Monaco’s new anti-financial crimes committee
The committee charged with combatting financial crimes in the Principality of Monaco has met for the first time with Minister of State Pierre Dartout at the helm.
Peace and Sport appoints new CEO
Jean-Jérôme Perrin-Mortier has been named the new Chief Executive Officer of Peace and Sport after the departure of former chief Laurent Dupont, who has taken a new position in Pairs.
Monaco businesses strengthen ties with Dubai through MEB
Local businessman Chris Clavel was among a 30-strong delegation to Dubai for a trade mission to strengthen ties between the regions, that also included the signing of a MOU with world trade hub DMCC.
