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Monaco Economic Board
Monaco Economic Board (MEB) is a Monegasque association promoting economic dynamism of the Principality. MEB was established in 1999 with the support of the Prince’s Government. Its mission is to seek new investors by organizing business promotional operations abroad. MEB consists of two departments: ''Monaco Chamber of Commerce'' that serves the development of 500 Monaco-based member companies; and ''Invest Monaco'' that seeks and supports foreign business organizations and individuals who wish to set up in the Principality. The President of the MEB is Michel Dotta. History Monaco Economic Board was established in 1999 with the support of the Prince’s Government. In 2016, Economic Development Chamber was renamed to Monaco Economic Board. In 2019, Monaco Economic Board celebrated its 20-anniversary and made an exploratory trip to St. Petersburg, Russia with the aim to expand trade and create opportunities for business. In 2020, MEB adopted new working methods such as telew ...
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Monaco
Monaco (; ), officially the Principality of Monaco (french: Principauté de Monaco; Ligurian: ; oc, Principat de Mónegue), is a sovereign city-state and microstate on the French Riviera a few kilometres west of the Italian region of Liguria, in Western Europe, on the Mediterranean Sea. It is bordered by France to the north, east and west. The principality is home to 38,682 residents, of whom 9,486 are Monégasque nationals; it is widely recognised as one of the most expensive and wealthiest places in the world. The official language of the principality is French. In addition, Monégasque (a dialect of Ligurian), Italian and English are spoken and understood by many residents. With an area of , it is the second-smallest sovereign state in the world, after Vatican City. Its make it the most densely-populated sovereign state in the world. Monaco has a land border of and the world's shortest coastline of approximately ; it has a width that varies between . The hig ...
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Albert II, Prince Of Monaco
Albert II – Website of the Palace of Monaco (Albert Alexandre Louis Pierre Grimaldi; born 14 March 1958) is Prince of Monaco, since 2005. Albert was born at the Prince's Palace of Monaco, and he is the second child and only son of Prince Rainier III and Grace Kelly. He attended the Lycée Albert Premier before studying political science at Amherst College. In his youth, he competed in bobsleigh during Winter Olympic finals before retiring in 2002. Albert was appointed regent in March 2005 after his father fell ill, and became sovereign prince upon his death a week later. Since his ascension, he has been outspoken in the field of environmentalism and an advocate of ocean conservation, and adoption of renewable energy sources to tackle global climate change, and founded The Prince Albert II of Monaco Foundation in 2006, to directly raise funds and initiate action for such causes and greater ecological preservation. With assets valued at more than $1 billion, Albert owns share ...
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1999 Establishments In Monaco
File:1999 Events Collage.png, From left, clockwise: The funeral procession of King Hussein of Jordan in Amman; the 1999 İzmit earthquake kills over 17,000 people in Turkey; the Columbine High School massacre, one of the first major school shootings in the United States; the Year 2000 problem ("Y2K"), perceived as a major concern in the lead-up to the year 2000; the Millennium Dome opens in London; online music downloading platform Napster is launched, soon a source of online piracy; NASA loses both the Mars Climate Orbiter and the Mars Polar Lander; a destroyed T-55 tank near Prizren during the Kosovo War., 300x300px, thumb rect 0 0 200 200 Death and state funeral of King Hussein rect 200 0 400 200 1999 İzmit earthquake rect 400 0 600 200 Columbine High School massacre rect 0 200 300 400 Kosovo War rect 300 200 600 400 Year 2000 problem rect 0 400 200 600 Mars Climate Orbiter rect 200 400 400 600 Napster rect 400 400 600 600 Millennium Dome 1999 was designated as the ...
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Economic Development
In the economics study of the public sector, economic and social development is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and objectives. The term has been used frequently in the 20th and 21st centuries, but the concept has existed in the West for far longer. " Modernization", "Westernization", and especially "industrialization" are other terms often used while discussing economic development. Historically, economic development policies focused on industrialization and infrastructure; since the 1960s, it has increasingly focused on poverty reduction. Whereas economic development is a policy intervention aiming to improve the well-being of people, economic growth is a phenomenon of market productivity and increases in GDP; economist Amartya Sen describes economic growth as but "one aspect of the process of economic development". Economists primarily focus on the g ...
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Business Organisations Based In Monaco
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicat ...
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