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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A&K appoint Michael Wale as new CEO
Geoffrey Kent and Manfredi Lefebvre d’Ovidio have named Michael Wale as the new President and CEO of the Abercrombie & Kent Group.
Update on local businesses
The first Retail Trade Observatory meeting has been held since lockdown to discuss government actions to jumpstart business and what local merchants are doing to make Monaco an attractive retail...
MV Agusta launches customisation store in Monaco
MV Agusta and champion Italian motorcycle racer Virginio Ferrari have launched the Monaco Design Studio, specialising in the design of unique, one-off models.
Outdoor heater ban
France plans to ban heaters used by restaurants and cafes on outdoor terraces from early next year, as it accelerates a shift to a low-carbon economy.
Government in talks with Monacair
Struggling Monegasque company Monacair has met with the government to discuss future plans.
Iqoniq secures €100m in new funding
Monaco-based startup Iqoniq has entered into a €100 million funding agreement to develop and expand its new sports fan engagement platform.
