AGP Executive Report
Last update: 9 hours agoMonaco Economy Watch: IMSEE says Monaco’s 2026 H1 cooled from 2025’s record highs: business turnover fell 9.6% to €9.2bn and construction and real estate slid, but retail and hospitality grew and private-sector employment hit a new high near 70,000 by June. Yachting & Tourism: Sunreef launched its 100 Eco Ipharra at the Monaco Yacht Show—an electric sailing catamaran with solar tech and an education-focused cruising plan—while Red Sea Global rolled out a Yachting Network linking AMAALA and Shura berths for seamless Red Sea access. Business Events: Grimaldi Forum Monaco won Best Overseas Conference Centre (Gold) at the M&IT Awards, and Visit Monaco Convention Bureau also took Gold, reinforcing Monaco’s pull for international meetings. Marina Standards: M3 Monaco debuted the S3 Smart & Sustainable Standard to push marina performance beyond labels, adding customer experience and destination appeal to safety and environmental checks. Finance & Payments Tech: UK banks completed early tokenised-deposit transfers under UK Finance’s Great British Tokenised Deposit project, moving on from pilots toward real settlement flows. Global Trade Links: Italy’s ambassador in Kenya met CEOs to promote “Sistema Italia,” with ITA, a new Italian-Kenyan chamber, and SACE support for investment and financing.
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