Monaco Times

Monte Carlo Luxury Exhibition Draws Strong Demand for Jewellery and Collectible Assets

The Unique Show at Le Méridien Beach Plaza generated substantial transaction volumes as family offices and wealthy collectors acquired rare gemstones, bespoke jewellery and contemporary artworks as alternative stores of value.

Monaco Grand Prix Delivers Record Revenue for Yacht Operators and Port Authorities

Economic assessments following the Formula One Monaco Grand Prix show that premium hospitality and yacht services generated record earnings, with prime superyacht berths commanding more than €210,000 in mooring fees.

Prince Albert II Foundation Expands Global Funding for Ocean and Climate Projects

The Prince Albert II of Monaco Foundation has launched its 2026 funding cycle, directing capital toward marine conservation, renewable energy and biodiversity initiatives in the Mediterranean and polar regions.

Hydrogen-Powered Superyacht Showcases Monaco's Growing Focus on Sustainable Luxury

The award-winning superyacht Breakthrough, equipped with hydrogen fuel-cell propulsion, has become a focal point in Port Hercules and highlights increasing interest in zero-emission technologies among luxury yacht owners and charter oper...

Monaco Commits Nearly €68 Million to Upgrade French Riviera Rail Services

The government has agreed to fund four additional high-capacity regional trains with SNCF Sud Azur in an effort to ease commuter congestion and improve sustainable transport links across the busy Côte d'Azur corridor.

Monaco Attracts Rising Numbers of Millionaires and Billionaires Seeking Tax Stability

Wealth intelligence firms report growing applications for residency in Monaco as affluent individuals seek shelter from geopolitical uncertainty and benefit from the principality's zero-percent personal income and capital gains taxes for...

Global Investment Leaders Gather in Monaco for Monte Carlo Asset Management Summit

Chief executives, private bankers and sovereign wealth investors overseeing trillions of euros are convening at the Grimaldi Forum for the IMpower FundForum, reinforcing Monaco's role as a leading venue for private market investment and ...

Monaco Real Estate Sets Global Record With $550 Million Residential Sale

Ukrainian billionaire Rinat Akhmetov purchased a multi-storey residence in the Le Renzo complex within Monaco's Mareterra development, marking the most expensive home sale in the principality's history and underscoring its status as the ...

Monaco Adopts New Anti-Corruption Strategy for Senior Officials and Royal Institutions

The Principality of Monaco has enacted a transparency framework covering 2026 to 2028 that targets senior government officials and the Prince's Palace, meeting Council of Europe requirements and reinforcing the country's reputation as a ...

AS Monaco Basketball Secures Five-Year EuroCup Participation Agreement Beginning in 2026

Euroleague Basketball has granted AS Monaco a guaranteed five-year place in the EuroCup from the 2026 season, strengthening the Principality's international sporting profile and commercial visibility.

Hotel de Paris Monte-Carlo Completes Luxury Suite Renovations for Extended High-Net-Worth Residencies

Hotel de Paris Monte-Carlo has completed renovations of its rooftop suites, adding enhanced privacy and integrated corporate facilities tailored to billionaire guests undertaking extended stays in Monaco.

Princess Charlene Foundation Expands Global Water Safety and Drowning Prevention Programmes

The Princess Charlene of Monaco Foundation has announced a multimillion-euro increase in funding for international drowning prevention and water safety initiatives, expanding educational and public health programmes in emerging markets.

Monaco Expands AI-Powered Security Systems to Enhance Public Safety and Privacy Protection

The Department of Interior has integrated advanced artificial intelligence capabilities into Monaco's security network to improve real-time threat detection and strengthen public safety measures across the Principality.

Grimaldi Forum Opens Major Summer Exhibition Featuring Private Art Collections From Monaco Residents

The Grimaldi Forum has launched its summer cultural programme with an exhibition showcasing privately owned masterpieces loaned by Monaco residents, enhancing the Principality's profile as an international cultural destination.

The Unique Show Monte-Carlo Reports Record High Jewellery Sales

The high jewellery exhibition at Le Méridien Beach Plaza concluded after three days of private presentations, with international dealers and gemstone brokers reporting record transaction volumes among ultra-high-net-worth collectors.

Monaco Fine Dining Sector Expands as Michelin-Starred Chefs Open New Restaurants

Monte Carlo's luxury dining scene is experiencing renewed growth, with several internationally renowned Michelin-starred chefs launching new venues aimed at meeting rising demand from affluent residents and visitors.

Monte-Carlo Television Festival Drives Surge in Luxury Hospitality Demand

The Monte-Carlo Television Festival has attracted international media executives and streaming industry leaders to the Principality, generating strong demand for premium hotels and fine dining establishments.

Port Hercules Introduces Dynamic Berthing System as Summer Superyacht Demand Reaches New Highs

Monaco's port authorities have deployed an algorithm-based berthing allocation system to manage record demand for limited docking space at Port Hercules and Port of Fontvieille during the summer season.

Monaco Heliport Begins Upgrades to Prepare for Electric Air Taxi Operations

Aviation authorities have launched infrastructure improvements at Monaco's heliport to accommodate future electric vertical takeoff and landing aircraft, with the goal of enabling low-emission rapid transfers between Nice Airport and the...

Monaco and France Upgrade Transport Links Between Nice Airport and the Principality

French and Monegasque authorities have agreed to modernise strategic transport corridors connecting Nice Côte d'Azur Airport with Monaco, aiming to improve travel efficiency for investors, business travellers and residents.

Monaco Strengthens Environmental Standards for Superyachts Operating in Territorial Waters

The Yacht Club de Monaco and maritime authorities have introduced new environmental certification requirements for large luxury vessels docking in Monaco, positioning the Principality at the forefront of efforts to promote more sustainab...

Monaco Family Offices Establish Venture Capital Fund for Climate Technology Investments

A group of Monaco-based family offices has launched a venture capital syndicate dedicated to investing in European climate technology and renewable energy startups, reflecting broader diversification trends among private wealth investors.

Monte-Carlo Société des Bains de Mer Reports Record Luxury Retail and Hospitality Revenues

Monte-Carlo Société des Bains de Mer says quarterly revenue reached a record level as a sustained influx of affluent visitors and new luxury retail openings boosted performance across its hospitality and shopping businesses.

Monaco Launches Mediterranean Marine Conservation Trust Backed by Private Wealth

Prince Albert II has unveiled a new ocean sustainability investment trust, drawing support from Monaco-based family offices and international philanthropists to finance biodiversity protection projects across the Mediterranean.

Monaco Introduces Digital Asset Custody Rules to Attract Institutional Crypto and Fintech Investment

The government has approved a regulatory framework covering the institutional custody of digital assets and tokenised luxury goods, aiming to attract sophisticated fintech firms and cryptocurrency investors to the Principality.

Monaco Grand Prix Generates Record Luxury Spending and Superyacht Demand After Kimi Antonelli Victory

Hotels, yacht charter companies and hospitality operators across Port Hercules reported unprecedented post-race spending and extended superyacht bookings following the Monaco Grand Prix weekend and Kimi Antonelli's victory.

Swiss Private Banks Expand Monaco Operations to Capture Rising Inflows of European Wealth

Several leading Swiss private banks are increasing hiring and expanding their presence in Monte Carlo as high-net-worth Europeans move assets and residency to Monaco, attracted by its political stability and tax environment.

Mareterra Luxury District Nears Completion as Monaco Property Prices Exceed €100,000 Per Square Metre

Developers of the offshore Mareterra land reclamation project say ultra-prime residences are changing hands at more than €100,000 per square metre, reinforcing Monaco's status as the world's most expensive luxury real estate market.

Monaco Streamlines Family Office Registration as Wealth Migration Accelerates From Northern Europe

Financial regulators in Monaco are implementing faster and more modern registration frameworks for single-family offices in response to a growing influx of ultra-high-net-worth individuals relocating from the United Kingdom and Northern ...

Nice Côte d'Azur Airport Expands Business Aviation Facilities to Meet Rising Premium Travel Demand

Authorities at Nice Côte d'Azur Airport are upgrading dedicated business aviation terminals and expanding facilities in response to increasing transatlantic flights and customised charter operations serving Monaco and the French Riviera.

McLaren Marks Its Thousandth Grand Prix With Heritage Events in Monaco

McLaren Racing completed a series of commemorative events during the Monaco Grand Prix, including special liveries and demonstrations of championship-winning cars that attracted strong interest from the international luxury automotive co...

Luxury Monte Carlo Exhibition Draws Elite Collectors and Global Brands

The Unique Show concluded after showcasing rare jewellery, bespoke watches, and collectible assets, providing luxury brands with direct access to Monaco's exceptionally affluent resident and visitor base.

Stelios Foundation Expands Support for Entrepreneurs Across Monaco and the French Riviera

Sir Stelios Haji-Ioannou has broadened grant funding and mentorship programmes through his Monaco-based foundation to support emerging founders and strengthen the regional startup ecosystem.

Monte Carlo Television Festival Opens With International Premieres and Industry Gatherings

The latest edition of the Monte Carlo Television Festival has opened at the Grimaldi Forum, bringing together entertainment executives, producers, and media buyers for screenings and business negotiations.

Monaco Wealth Managers Rebalance Portfolios as European Monetary Policy Shifts

Private bankers and asset managers in Monaco are advising clients to favour short-duration bonds and artificial intelligence-linked technology equities as they adjust portfolios to changing interest rates and persistent inflation.

Princess Charlene Promotes Sport as a Tool for Equality and Social Inclusion

Addressing visiting Council of Europe parliamentarians at the Prince's Palace, Princess Charlene called for broader access to organised sport as a means of promoting inclusion and supporting youth development.

Princess Charlene Prepares 225-Kilometre Water Bike Challenge to Promote Ocean Conservation

Princess Charlene, supported by the Prince Albert II of Monaco Foundation, is preparing for an endurance crossing of the Pelagos Sanctuary to raise awareness of marine protection and water safety initiatives.

Middle East Shipping Disruptions Increase Demand for Monaco and Riviera Superyacht Berths

Commercial shipping volatility and higher energy prices in the Red Sea region are prompting more yacht owners to keep vessels in the Mediterranean, intensifying competition for premium mooring space in Monaco and along the French Riviera.

Monaco Superyacht Market Posts Record Business Activity After Formula One Grand Prix

Yacht brokers and event organisers reported exceptional commercial activity following the Monaco Grand Prix, with superyachts hosting corporate showcases, automotive presentations, and high-level networking events.

Monaco Investors Turn to Emerging Districts as Prime Seafront Property Prices Reach New Highs

International buyers are increasingly targeting renovation projects and family-sized apartments in districts such as La Condamine and Moneghetti, seeking alternatives to the premium pricing of the Carré d'Or and Larvotto areas.

Premium Spending Lifts Revenue Across Monte Carlo's Luxury Retail and Hospitality Sector

The Société des Bains de Mer and other hospitality groups reported strong early summer growth as rising numbers of affluent visitors and family office representatives boosted demand at luxury boutiques and fine dining establishments.

Financial Institutions Deepen Support for Monaco's Blue Economy and Marine Conservation Initiatives

Major financial groups, including Credit Foncier de Monaco Indosuez, have expanded support for Monaco-based environmental initiatives by directing investment toward marine conservation, sustainable maritime technologies, and ocean research.

International Technology Leaders Gather in Monaco to Discuss Artificial Intelligence in Luxury Industries

Executives, investors, and digital strategists meeting in Monte Carlo are examining how artificial intelligence, cybersecurity, and digital visibility can reshape luxury services and enhance bespoke experiences for high-end clients.

Private Aviation Traffic to Monaco and the French Riviera Surges Ahead of Peak Summer Season

Private jet charter demand for Nice Côte d'Azur Airport and Monaco's heliports has risen by nearly 30 percent from a year earlier as affluent travellers increasingly favour private aviation amid commercial flight disruptions and global s...

Monaco's Banking Sector Accelerates Digital Modernisation to Meet New Wealth Management Demands

Several Monaco-based financial institutions, including Banque Richelieu Monaco, have deployed advanced portfolio management and transaction systems as the Principality's private banking industry adapts to changing regulatory requirements...

Prince Albert II Sets Diplomatic Priorities Ahead of Monaco's Council of Europe Presidency

Prince Albert II has hosted senior diplomatic delegations at the Prince's Palace to prepare for Monaco's upcoming presidency of the Council of Europe, with a focus on human rights, digital governance, and environmental cooperation across...

Monaco Luxury Property Prices Extend Decade-Long Rise Despite Global Economic Volatility

Luxury real estate values in Monaco have climbed more than 44 percent over the past decade, with zero capital gains tax and chronic land scarcity continuing to support demand and shield the market from broader interest rate pressures.

Monaco Private Banks and Family Offices See Rising Inflows as Global Wealth Seeks Stability

Private banks and wealth management firms in Monaco reported stronger capital inflows and increased residency inquiries in the second quarter as ultra-high-net-worth families seek political stability, tax efficiency, and secure European ...