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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Record achievements at MYS 2019
This year’s Monaco Yacht Show not only featured the most impressive fleet of superyachts in its history worth a jaw-dropping €6 billion, it also attracted a record number of exhibitors. Held from...
Technology investment needed to secure art market
Investment in art and cultural infrastructure hit €8 billion globally over the past three years, while technology and social impact investing are set to shape the art and finance market moving...
Local teams to protect Monaco data
Two Monegasque companies will be responsible for risk analysis and cybersecurity for the Principality of Monaco as it continues with its ambitious digital transition programme. Monaco Digital and...
Weekly markets: Is the US labour market signaling a recession?
With the fourth quarter of 2019 finally underway, markets await third-quarter (Q3) gross domestic product (GDP) readings to assess the resilience of the global economy, which significantly slowed in...
Government shows support for Larvotto traders
Larvotto traders who have had to close their doors for a major beach renovation have met with the Monaco government and other works representatives. Minister of Finance and Economy Jean Castellini,...
Cybersecurity experts meet in Monaco
An estimated 3,000 experts in the world of cybersecurity have come together at the Grimaldi Forum for the 19th edition of the Assises de la Sécurité (Security Inquest), and Monaco has laid out its...
