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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CMB raises €471,000 for hospital
A fundraising campaign led by CMB has managed to secure close to half a million euros for the Princess Grace Hospital in just over a month.
Monaco boasts science and technical sector boom
Scientific and technical companies have overtaken financial and insurance activities as the leading employer in Monaco, contributing in excess of €1 billion to GDP last year alone.
Prince confirms new minister of state
The Palace has officially announced that Pierre Dartout will become the new minister of state from September, replacing Serge Telle in Monaco’s most senior strategic position after the Prince.
MEB reorganises for maximum efficiency
Earlier this year, the Monaco Economic Board (MEB) surveyed members to ask what the group could do to improve. The results are now in and have led to the MEB's reorganisation, including new and...
Two weeks until cafés, restaurants reopen in Riviera
France will reopen bars and restaurants in the country’s “green zones”, including the French Riviera, on Tuesday 2nd June, provided the health situation doesn’t deteriorate.
Interview: Carlo app creator Antoine Bahri
Antoine Bahri is the brains behind Carlo app, Monaco’s first mobile-based loyalty programme rewarding consumers for buying local – an initiative that couldn’t have come at a better time.
