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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France signs deal with UAE for new energy projects
The French government has released a statement saying that France and the United Arab Emirates (UAE) have made a deal to work together on projects in the hydrogen, renewable and nuclear energy...
EU raises inflation forecasts for eurozone
The European Commission has considerably upped the inflation forecast for the Union, as well as reducing the growth forecast for 2023 amid concerns over the lingering effects of the war in Ukraine.
MEB confirms “African Ambitions”
Monaco hosted its first Africa Day conference recently, underscoring the trade opportunities that have been brewing and are now starting to see fruition.
Monaco Innovative Runway inaugurated by Prince
A new showcase for the country’s emerging projects, called Monaco Innovation Runway, has officially been launched at MonacoTech by Prince Albert II and Monaco Telecom owner Xavier Niel as part of...
Youth projects celebrated and awarded by J-Med
“In the Mediterranean, as elsewhere, it is by involving young people that we will achieve sustainable development that benefits everyone.”
Monaco’s construction boom pumps sector to new highs
The construction industry is booming in Monaco, generating revenue of €2.1 billion last year, almost triple what it was last decade, a trend that even held true during the pandemic.
