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​Monaco Economic Board: 2016 results and 2017 outlook​

Monaco Economic Board General Meeting

The Monaco Economic Board (MEB) held its General Assembly on Thursday 16 of March with more than 200 participants from its 470 member companies and numerous personalities. The 2016 balance sheet and 2017 outlook were presented and all proposals were approved. The Committee Director has been renewed, as it has been for the last 3 years. At the end of …

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Monaco Yacht Show Organisation acquires five largest boat shows

yacht show

The organiser of the Monaco Yacht Show, Informa Exhibitions, announced in March that it has bought Yachting Promotions, the operator of three of the largest boat shows in the USA. The deal, which is worth $133 million, will see Informa take over the Fort Lauderdale International Boat Show, Yachts Miami Beach and the Palm Beach International Boat Show, as well …

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The World Association of women entrepreneurs met in Monaco

Women Entrepreneurs

More than 300 women entrepreneurs gathered in Monaco last week, from more than 50 countries including Australia, Japan, Mexico, Norway, Morocco, Russia and Senegal. The Association meets four times a year and had responded to the invitation of its Monegasque branch, created in 2004. The Association has more than 500,000 members in 120 countries. “It’s a wonderful recognition. They were …

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JEC: Helping Young Entrepreneurs in Monaco

JEC

Monaco’s Junior Economic Chamber has chosen its new boss. Olivier Mura intends to boost the annual meetings for this association of young leaders. He’s 34 years old with entrepreneurship in his blood. Olivier Mura is the new president of the Junior Economic Chamber of Monaco. He succeeds Thierry Chausse and is clearly fit for the role: the new president has …

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Record Economic Year for Monaco in 2016

ECO club

ECO club: it is difficult for Monaco to increase economic influence even more when one has already achieved a record year in 2016. The Principality of Monaco takes up the challenge with its key economic players. The numbers confirm it. 2016 was an excellent year economically in Monaco. Though it would be difficult to do better, the Principality will try …

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FENDI IS PLANNING TO BUILD THE FIRST GOLD REFINERY IN MONACO

GOLD REFINERY

An investor from Dubai, Selim Fendi, is planning to open the first gold refinery in Monaco in early 2017. This will be a guarantee for both local and international jewelers that they are not using raw materials from armed conflict and war zones. “Monaco Gold SAM will be producing up to 1 metric ton of gold per month in its …

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Banking Sector Undergoing Drastic Changes in Monaco

Banking in Monaco

The banking world is experiencing a profound metamorphosis. The requirement of transparency is omnipresent, reputation will be essential from now on. If transparency has become the key word in terms of communication, the banking world has been very discreet in the past. Branches shutting-down, mergering and restructuring, laying-offs. In the quiet little world of banks, silence was golden. The sector …

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600 Entrepreneurs Expected to Attend Monaco Business Expo

4th annual conference "Monaco Business"

The fourth annual conference “Monaco Business” dedicated to business leaders will take place on Tuesday, the 15th of November at the Auditorium Rainier-III. The theme of the day will be ‘the digital transformation.’ It’s a whole day annually dedicated to entrepreneurs in Monaco. As much as ten whole hours to help them with their businesses and develope networking. The fourth edition …

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Monaco Economic Board visited Azerbaijan

Baku Azerbaijan

Economic players representing thirty companies of the Principality have visited Baku, the capital of Azerbaijan last week. It must be said that the destination of the new mission organized by the Monaco Economic Board is not the most accessible. Why has the MEB decided to lead a trade mission in the Caucasus country situated on the Caspian Sea? In the …

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APG World Connect Conference took place in Monaco

APG Conference in MOnaco

Seventy airlines have met at the Fairmont Hotel in Monaco. The airline representatives came from all over the world: China, Ethiopia, Georgia, Saudi Arabia, and Kenya, among others. They all participated in the three-day event, the 8th APG World Connect Conference which was held from 2nd ̶4th November. APG is an international network of professional providers for airlines. This network …

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