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
Model Victoria Silvstedt collaborates on eco-friendly fashion line
Sustainable luxury brand Marli Dresses has formed a partnership with former Guess model and Monaco socialite Victoria Silvstedt, creating a new line called the Wild Life Collection.
Primitive Budget: surpluses, infrastructure and housing concerns
The National Council met to discuss the 2022 Primitive Budget on Tuesday and, along with monetary matters, it was a time for council members to review plans for the future.
Jim Mellon invests in start-up accelerator Monaco Foundry
Monaco Foundry has just announced that British billionaire entrepreneur Jim Mellon will be investing in the company to take it to the next level.
Hospitality staff: no health pass, no work
From 15th December, all staff working in public venues in Monaco, including restaurants and bars, must present a valid health pass.
The future of tourism in Monaco
Guidelines for a sustainable tourism sector in Monaco have been outlined in a new White Paper, developed in consultation with the government and tourism professionals.
MAM to merge with Swiss company
Monaco Asset Management has signed a deal with Swiss-based wealth management company Chenton and agreed that within four years, the two companies will be operating jointly.
