Business & Finance
Brought to you by: Monaco Life
The MEB and the Italian Chamber of Commerce in Nice have signed an agreement that will ramp-up their services to provide members with new local and international opportunities as the recovery takes off.
Promoting trade between Italy, Monaco and France is the objective currently set by the Monaco Economic Board (MEB) and the Italian Chamber of Commerce in Nice to make it easier for foreign companies on the Riviera and in the Principality to set up and grow.
This new collaboration is the result of a meeting between MEB Executive Director General Guillaume Rose and Italy’s Ambassador in Monaco Giulio Alaimo, and it aims to further boost trade between Monaco and Italy with the focus being on Italian investors.
“We are delighted to forge these closer ties with the Italian Chamber of Commerce,” says MEB Deputy Director Justin Highman. “Italy is number two after France in terms of trade with the Principality. After such a difficult period we are very positive for the future, the recovery is here and we are delighted to be able to count on the Italian Chamber of Commerce.”
Justin Highman and Italian Chamber Director Agostino Pesce formalised the partnership on Wednesday 2nd June at an event celebrating the Republic of Italy’s National Day.
It is a unique opportunity for Italian, Monegasque and French companies to grow and develop their markets. Having already organised a joint webinar in April, the two organisations will be working much closer together.
The signing will see the two organisations share a stand at the 2021 Monaco Business fair, is the MEB did with the CCI Nice Côte d’Azur at the 2020 edition.
Photo: Agostino Pesce and Justin Highman, provided by the MEB
The Monaco Economic Board has met with a Quebec delegation for a conference highlighting the latest responsible construction trends being employed in the Principality.
A 1968 Lamborghini Miura P400 took top honours at the Artcurial Motorcars car auction at the Hôtel Hermitage this week, selling for €977,400 to a Monegasque collector.
Sellier Knightsbridge has announced the upcoming opening of a Monaco location, a first for the luxe pre-loved retailer outside of the UK.
The government is allowing shops and restaurants to expand their services on to terraces free of charge through the month of September to help boost summer trade.
Robert Friedland, the international financier and a major player in the mining industry, was the guest speaker at the meeting and summer cocktail of the Monaco Venture Private Equity and Venture Capital Association (MVCA) last night. Zsolt Lavotha, Chairman and President of MVCA, gave a review of the first half of 2013 to the 60 members and guests, with an impressive list of activities, among them several high quality co-investment meetings, VIP lunch speakers such as Luc Vandevelde, former chairman of Carrefour, a full day event with Stephen Schwarzman, founder of Blackstone Group, one of the world's most prominent Private Equity Groups, and of course the global entrepreneur event THE EDGE, which MVCA co-organized with the International University of Monaco…But the show last night belonged to Robert Friedland, founder of Ivanhoe Capital, his private family business providing venture capital to mainly the mining, energy and technology field. Ivanhoe Capital has raised billions of dollars since its inception and Friedland also founded and was Executive Chairman of Ivanhoe mines which in 2012 was sold to Rio Tinto, the world's third-largest mining group by market capitalization (>$130billion). With a larger than life personality, Friedland provided his view on the future of precious metals and backed it up with seriously interesting facts and demographics. His lively presentation was highly enlightening in the field of mining, the world economy in general,and including several provocative statements that mesmerized the audience. Friedland was listed as one of the 10 most influential people in Steve Jobs’ life by the Business Insider, and he counted him among his good friends and who actually influenced the choice of name for his Apple company. Michel Bouquier presented Friedland with the Monaco Private Label Card, to join an exclusive group who receive preferential treatment in the Principality. Article first published June 26, 2013.