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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Montecarlo Automobiles launches two new prototypes
Two sleek prototypes by Montecarlo Automobiles made their world-premiere during the Monaco Yacht Show marking the rebirth of the brand, with a new president and CEO at the helm.
Interview: Patrick Coote, Northrop & Johnson
Patrick Coote talks artificial intelligence, whether this year’s Monaco Yacht Show lived up to expectations, and what it’s like to head the fastest growing yacht brokerage in the continent.
Latest budget “more in line with reality”
Thursday’s amendment by the National Council to the State’s doom and gloom budget of June shows not the forecasted deficit, but a fairly healthy one that is nearly balanced.
MonacoTech looking for new round of entrepreneurs
MonacoTech, the start-up incubator founded in the Principality in 2017, has put out its annual call for new start-ups in the green, clean, bio-med, financial yachting and digital tech worlds.
SBM looks ahead after dismal financial year
Despite a 46% drop in turnover for the 2020/21 financial year, SBM Monte-Carlo has revealed an exciting new expansion plan for the famed Café de Paris in the Casino Square.
"We will continue to live with this virus”
French Scientist Jean-Pierre Petit has told MEB members that the world economy has held up surprisingly well despite the health crisis, giving hope to Monegasque investors.
