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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What can €3 million get you in the prime global property market?
While the high-end property market may attract a certain type of buyer wherever you are in the world, the property you can secure differs greatly from one market to the next.
Monaco-owned port in Italy opens for business
The highly-anticipated Cala del Forte port in Ventimiglia, intended to handle overflow from the Principality, is now officially open, marking a new era for the Italian seaside town and Monaco.
“Support is key word” in relaunching Monaco’s economy
The government has offered a “practical guide” for economic recovery in the Principality, vowing to protect employees as well as assist companies in trouble.
Monaco start-up spearheads water conservation efforts
FGWRS, a MonacoTech-supported start-up, is behind a new technology used by French Open players to convert “grey water” into usable non-potable water for showers and toilets.
Climate change, Covid and ESG factors boost impact investing
A new report has revealed that HNWIs, families, family offices, and foundations plan to almost double their allocation to impact investing by the year 2025.
Konrad Bergström’s passion for silence
Konrad Bergström registered the trademark X Shore in 1996, but it took nearly 20 years before he felt the timing was right to fully focus on his ‘Tesla of the sea’ idea.
