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’s Ahsani brothers plead guilty in U.S. to vast bribery scheme
Two brothers from the Ahsani family, who ran Monaco-based oil and gas consultancy Unaoil, have pleaded guilty in the United States to being part of a 17-year scheme to pay millions of euros in bribes...
Interview: Peter Kutemann, Founder of Monaco Impact
Monaco has given much to Peter Kutemann, President and CEO of Dietsmann. It has provided legal and financial stability for his company, and a safe and welcome environment for his family.
MEB meets with business leaders in Naples
The Chamber of Commerce’s Monaco Economic Board (MEB) met last week with almost 100 institutional and private company directors in the Italian city with the goal of building stronger ties to the...
Markets weekly
With Halloween approaching, hopefully markets won’t be spooked by this week’s batch of macro data (and by the ghost of a no-deal Brexit). Needless to say, Brexit is the key event to look out for....
Hungary’s business value explored at MEB meeting
Monegasque entrepreneurs have had the opportunity to learn about business opportunities arising from the Principality’s collaboration with Hungary at a meeting organised by the MEB. Held at the...
Markets weekly
Increasing hopes of a mini trade-deal between the US and China and receding fears around a no-deal Brexit have helped calm markets lately, but it is to be seen whether they fed into October’s macro...
