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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Monaco explores eco-real estate tech system
Monaco will benefit from a ‘Real Estate Tech Innovation Program’ that is being developed in partnership with the ESCP Europe Business School in Paris. Prince Albert discussed the research program...
French President holds talks with Prince Albert
HSH Prince Albert II of Monaco has met with French President Emmanuel Macron at the Elysée Palace, discussing everything from the Paris Agreement to the rights of French citizens working in Monaco....
Markets weekly
As we enter December, markets will welcome any positive prints from the US labour market in the hope that consumers will increase spending over the festive period. October’s jobs report was...
Hybrid cloud to fastrack digital transition
The government has announced plans to work with Amazon Web Services to create a hybrid cloud for the Principality, signalling a major step in Monaco’s digital transition and its efforts to build...
Jean-Christophe Gerard confirms as CEO of Barclays Monaco
Jean-Christophe Gerard, who took the role of interim Head of Barclays Private Bank EMEA in April, now assumes an expanded role in Barclays Private Bank as Head of Private Bank Europe, Monaco and...
Monaco Economic Board takes on Russia’s second city
The Monaco Economic Board (MEB) made an exploratory trip to St. Petersburg earlier this month with the aim of expanding trade and creating opportunities for business between the Principality and the...
