Business & Finance
Monaco GDP surpasses €10 billion for first time
Monaco’s GDP rose to €10.28 billion in 2024, a record-breaking year driven by strong gains in financial, scientific and retail sectors, according to the latest figures published by IMSEE in November.
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Monaco’s tourism sector in 2023: Hotel prices hit new record
The number of hotel visitors to Monaco increased slightly last year, while the average price that visitors paid hit an all-time high. Cruise ship passenger numbers also increased significantly in...
Monaco to host Blue Economy and Finance Forum as part of 2025 UN Ocean Conference
The Blue Economy and Finance Forum, a targeted event aimed at mobilising financing solutions for sustainable ocean activities, will take place at the Grimaldi Forum in Monaco next year ahead of the...
Real Estate: Why did property sales fall by 20% in Monaco in 2023?
2023 was an interesting year for Monaco's real estate market and it brought to light a change in buyers' needs and wants from a property in the Principality.
Esplanade des Pêcheurs: Monaco Government files civil action in criminal proceedings
“Recent publications on the internet and various press articles relating to the legal proceedings initiated before the courts of the Principality have led the State to question the conditions in...
Interview: JCEM President 2024 Clément Maréchal
JCEM President Clément Maréchal speaks with Monaco Life about the “transitional and challenging” year ahead for this organisation of young leaders as well as the ambitions he strives to...
Pierre-André Chiappori becomes Monaco’s new finance minister
Six months after Jean Castellini spectacularly stepped down from the role, Prince Albert has appointed a new minister of finance and the economy for his government, Pierre-André Chiappori, a...