In a world marked by economic turbulence, Monaco continues to stand out as a beacon of stability—and the Monaco Economic Board (MEB) is playing a central role in reinforcing the Principality’s reputation as a safe haven for global business.
At the MEB’s recent General Assembly, held at the Yacht Club of Monaco on March 19, this message came through loud and clear. Addressing more than 370 business leaders, MEB President Michel Dotta underscored Monaco’s unique positioning: a financially sound, politically stable microstate with world-class infrastructure, low debt, and a dynamic entrepreneurial ecosystem. “Monaco is a safe-haven destination,” he said—a sentiment echoed by attendees who have increasingly turned to the Principality as a resilient base amid geopolitical and market uncertainty.
The figures back it up. The MEB has seen a 20 percent growth in membership since 2019, now counting 638 companies—including 49 at Premium level—within its network. This growth signals strong confidence from both local and international businesses. In 2024 alone, the MEB carried out over 50 economic initiatives, welcomed seven foreign delegations, and organised five strategic business missions to key markets including China, the UK, and Saudi Arabia.
What sets Monaco apart is not just its prestige, but its practicality. Executive Director General Guillaume Rose and Deputy Director General Justin Highman highlighted the MEB’s successful digital transformation—particularly in its International Export Formalities service—which has boosted both efficiency and revenue.
With continued outreach through platforms like the World Economic Forum in Davos and high-profile testimonials from entrepreneurs like Peter Kütemann, Monaco is positioning itself not just as a luxury destination, but as a serious, secure and forward-thinking place to do business.
In an era of volatility, Monaco offers something rare: confidence in the long term.
