320 business leaders and local officials turned out for the Monaco Economic Board’s General Assembly meeting at the Hôtel Hermitage on 28th March, which championed the “better and better, and more and more” successes achieved by the Principality’s business scene over the last year.
The meeting is the 48th such event to have been held by the MEB since its inception in 1999 and while it provided a platform to congratulate the businesses present on their achievements, the focus was clearly on the future.
MEB Chair Michel Dotta opened the meeting with words of praise for the MEB and those gathered before introducing Monaco’s new Minister of Finance, Pierre-André Chiappori.
See more: Pierre-André Chiappori becomes Monaco’s new finance minister
So far in 2024, representatives of the MEB have embarked on a trade mission to the Saudi capital of Riyadh and another similar venture in Morocco will be taking place between 15th and 18th April.
The MEB’s agenda is also packed with a range of upcoming local events on topics such as macroeconomic forecasts, sport business, artificial intelligence and intellectual property in conjunction with the group’s sponsors and partners, which include the likes of Banque Populaire Méditerranée, BNP Paribas Wealth Management, Gramaglia, Jutheau Husson, Monaco Asset Management and, new in 2024, CFM Indosuez Wealth Management, the Monterra Wealth Management Investment Fund and the Ordre des Experts Comptables de Monaco.
Collaborations, notably with Monaco’s diplomatic and consular corps and the Attractiveness Unit headed up by Frédéric Genta, will continue throughout 2024 as part of an economic development strategy aimed at attracting ever more investors and wealthy residents to the Principality.
Additionally, Team Monaco, the entity responsible for uniting the efforts of public and private sector companies in the international promotion of Monaco, will be very busy over the next few months with various missions and projects in the works.
Minister Chiappori closed the meeting with a speech on Moneyval progress and praised the Principality’s reactiveness, saying he was “dazzled to see the strength and speed with which we have been able to respond to these new imperatives”.
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Photo credit: Monaco Economic Board