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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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.
CFM Indosuez initiates Monaco’s first solidarity finance offer
CFM Indosuez has inaugurated an innovative solidarity finance offer with the Oceanographic Institute with a donation of €130,000, 30% of which comes from investors fees.