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.
Read moreUK still ‘open for business’ says Barclays
The Barclays UK Prosperity Map released on August 30, 2016 reported that every region in the UK is more prosperous, despite the uncertainty of the previous year. Other key points in the annual...
Monaco Resources Agribusiness Division invests in Bonum
Agricorp Invest SA, a unit of the Monaco-registered group Monaco Resources, has acquired a majority stake in the Macedonian mushroom and vegetable processing plant, Bonum, the company said....
Human chain to block Calais motorway
Anyone thinking of driving to the UK next week may have to change plans, after shopkeepers, businessmen, farmers and police unionists in Calais pledged to block “indefinitely” the motorway...
Monaco resident to demolish Trump property
Monaco resident and majority owner of the AS Monaco football club, Dmitri Rybolovlev, is demolishing the Palm Beach, Florida, mansion he bought from Donald Trump in 2008 for $95 million, according to...
European Commission takes a bite out of Apple
Ireland should act to recover up to €13 billion from Apple in back taxes, the European Commission has ruled. After a three-year long investigation, it has concluded that the US firm’s tax...
Ladies Vintage Car Rally revving up
The third annual Ladies Vintage Car Rally is almost here again with the same purpose as the very successful previous events, to raise funds for Child Care Monaco’s girls’ school in India. This...