Monaco Times

Why 2027 Could Be a Strong Year for Stocks—and Why the Forecast Is Fragile

A bullish case rests on continued profit growth, easing policy uncertainty and a broader payoff from AI investment; high valuations leave little room for disappointment.

Monte Carlo Heritage Exhibitions Showcase Classic Cars and Monaco’s Motorsport History

A series of historic automotive exhibitions in Monte Carlo is showcasing vehicles including the Delahaye 135 MS Coupe, combining the Principality’s motorsport heritage with luxury cultural programming for international collectors and ent...

Monaco Introduces Random Drug Testing for Public Bus Drivers

Monaco’s national bus operator has introduced mandatory random drug testing for drivers as part of broader efforts to strengthen safety standards across the Principality’s public transport network.

Acquera Yachting Expands Monaco Yacht Show Presence as Riviera Refit Demand Rises

Acquera Yachting is expanding its participation at the Monaco Yacht Show as demand for high-value superyacht refit work grows across Riviera shipyards ahead of the Caribbean winter charter season.

Monaco Grand Prix Hospitality Operators Report Strong Advance Demand for Next Season

Premium travel and hospitality operators on the French Riviera are reporting a sharp increase in advance VIP reservations for the next Formula One Monaco Grand Prix, underscoring the race’s importance to international corporate hospitali...

Monaco Luxury Property Prices Hold at Historic Highs Amid Severe Housing Supply Constraints

Prime residential property prices in Monaco remain at historic levels as demand from European and Middle Eastern ultra-high-net-worth buyers meets a severe shortage of new turnkey developments in the Carré d’Or and Larvotto districts.

Monte Carlo Summer Festival Drives Strong Luxury Hospitality Demand During August Peak

The Monte Carlo Summer Festival has entered its peak August schedule with international artists performing at the Salle des Etoiles, driving strong occupancy and luxury hospitality demand across the Monte Carlo Société des Bains de Mer h...

Yacht Club de Monaco Showcases Maritime Heritage at United States Classic Sailing Regatta

The historic gaff cutter Viola has crossed the Atlantic to represent the Yacht Club de Monaco at the Corinthian Classic regatta in Massachusetts, promoting Monaco’s maritime heritage among North American sailing circles.

Monaco Athletics Festival Opens With Urban High-Jump Event on Quai Albert Premier

The Monegasque Athletics Federation has held the inaugural Monaco Athletics Festival with Olympic champion Mutaz Barshim, turning the Quai Albert Premier into an elite high-jump venue and adding a new event to Monaco’s summer sporting ca...

Monaco and French Police Arrest Suspect Linked to 1.5 Million Euro Luxury Property Theft

Monegasque and French authorities have arrested a suspect in Amiens in connection with the theft of one point five million euros from an elderly Monaco resident, following a cross-border investigation into the luxury property crime.

Monaco Confirms International Judicial Cooperation in Investigation of Ukrainian Businessman Explosion

Monaco’s public prosecutor has confirmed cooperation with foreign law enforcement agencies in the investigation into an explosion targeting Ukrainian businessman Vadim Ermolaev, as the Principality faces international scrutiny over the c...

Monaco Finalizes Infrastructure and Security Plans for Vuelta a España Grand Depart

Monaco has completed key urban infrastructure and security preparations for hosting the Grand Depart of the Vuelta a España later this month, with the cycling event expected to generate international exposure and boost premium hospitalit...

Monaco Private Banks Offer Senior Wealth Managers Up to 280,000 Euros as Talent Competition Intensifies

Senior relationship managers at Monaco’s private banks and family offices are securing compensation packages of up to two hundred and eighty thousand euros as financial institutions compete for specialists to manage growing inflows of ul...

Monaco Yacht Show Reports Record Average Superyacht Length Ahead of September Exhibition

The Monaco Yacht Show says the average length of superyachts in the global order book has reached a record forty-one metres despite a slight contraction in total new-build orders, reflecting growing demand for larger bespoke vessels such...

Prince Albert II Foundation Appoints Former French Secretary of State Brune Poirson to Board

Former French Secretary of State for Ecological Transition Brune Poirson has joined the board of the Prince Albert II of Monaco Foundation, bringing international climate negotiation experience as the foundation expands its work on ocean...

Brock Lesnar Retires From Wrestling, Closing a Career of Rare Athletic Range and Lasting Controversy

The 49-year-old former NCAA champion, UFC heavyweight champion and WWE headliner announced that his SummerSlam loss to Oba Femi was his final match.

Monaco Expands International Partnerships to Protect Mediterranean Marine Ecosystems

The Monaco government and affiliated royal charities are increasing funding and international cooperation aimed at protecting endangered marine ecosystems across the Mediterranean, continuing the Principality’s focus on ocean conservatio...

Monaco Refines Digital Asset Rules for Wealth Management and Family Offices

Monaco’s financial authorities are continuing to develop regulations for digital finance and cryptocurrency as banks and family offices respond to growing interest from younger ultra-high-net-worth investors and internationally managed p...

French Riviera Luxury Hotels and Leisure Businesses See Strong High-Net-Worth Demand

Luxury hotels, yacht charter companies and fine-dining businesses across Monaco, Cannes and Saint-Tropez are reporting strong late-summer bookings, reflecting continued demand from wealthy international visitors to the Côte d’Azur.

AS Monaco Finalizes Squad Ahead of Ligue 1 and UEFA Conference League Campaigns

AS Monaco is completing its preseason fixtures and finalizing its squad as the club prepares for the new Ligue 1 season and its European campaign in the UEFA Conference League.

Monaco Property Prices Remain Elevated as International Buyers Seek Scarce Housing

Savills reports that Monaco property prices remain historically high as wealthy buyers from Europe and the Middle East continue purchasing residential assets, with limited housing supply supporting the market despite global economic unce...

Monte-Carlo Summer Festival Heads Toward August Finale After Strong Cultural Season

The Monte-Carlo Société des Bains de Mer is preparing the closing performances of its summer musical festival at the Salle des Étoiles and Opéra Garnier after a season that attracted international audiences to the Riviera.

Global Superyacht Market Shifts Toward Larger Vessels Ahead of Monaco Yacht Show

Industry data ahead of the thirty-fifth Monaco Yacht Show shows that although the number of new yacht projects has declined, average vessel size and tonnage have reached record levels, with leading shipyards booked through the end of the...

Monaco to Host Grand Départ of 2026 Vuelta a España

Monaco will host the opening of the Vuelta a España for the first time in its history this August, bringing an international cycling event to the Principality and supporting demand across Monte Carlo’s luxury hospitality sector.

Monaco Prime Property Market Remains Resilient as International Demand Outpaces Supply

Monte-Carlo Sotheby’s International Realty reports strong demand for turnkey homes in Monaco’s Carré d’Or and Larvotto districts, with limited housing supply supporting the Principality’s ultra-prime residential market despite broader ec...

Monaco Responds to Ukraine Over Investigation Into Vadim Ermolaev Explosion

Monaco’s public prosecutor has responded to criticism from Ukraine’s Prosecutor General over the investigation into the targeted bombing of Ukrainian businessman Vadim Ermolaev, saying international legal assistance requests remain activ...

Monaco Ranks Among Leading Destinations for Wealthy Individuals Relocating Internationally

Henley and Partners’ latest wealth mobility index places Monaco among the most competitive destinations for relocating millionaires, citing political stability, favorable tax conditions and high-end lifestyle infrastructure as key attrac...

Oceanco to Present One Hundred Eleven Metre Superyacht at Monaco Yacht Show

Dutch shipbuilder Oceanco will unveil its one hundred eleven metre superyacht Leviathan alongside a ninety-three metre support vessel at Port Hercules, highlighting continued demand for large, highly customized vessels in the luxury expe...

Brune Poirson Joins Prince Albert the Second of Monaco Foundation Board

Former French Secretary of State for Ecological Transition Brune Poirson has joined the board of the Prince Albert the Second of Monaco Foundation, bringing international climate policy experience to the foundation’s work on ocean conser...

Monaco Banks Raise Minimum Deposits as Wealthy International Residents Increase

Major Monaco banks including Barclays Bank and Compagnie Monégasque de Banque are raising initial deposit requirements to between one million and five million euros as institutions prepare for increased demand from ultra-high-net-worth i...

Monaco Average Resident Wealth Surpasses Twenty Million Dollars as Global Capital Concentrates

Average investable wealth among Monaco residents has surpassed twenty million dollars, according to global wealth intelligence reporting, reinforcing the Principality’s position as a center for elite capital and sustaining demand across ...

Weight-Loss Drug Boom Tests the Limits of Prescription Advertising Rules

Novo Nordisk and Eli Lilly are competing for an enormous obesity-treatment market, but strict rules in Britain and Europe force them to promote awareness of the condition rather than the medicines themselves.

Police Arrest Suspect After €1.5 Million Theft From Elderly Monaco Resident

French police arrested a suspect in Amiens following the theft of €1.5 million from an elderly Monaco resident and recovered part of the stolen proceeds in the cross-border investigation.

Monaco Minister Isabelle Berro-Amadeï Addresses Roma and Sinti Genocide Commemoration at Auschwitz

Monaco’s Minister of External Relations Isabelle Berro-Amadeï addressed a commemoration of the Roma and Sinti genocide at Auschwitz-Birkenau while serving as president of the Council of Europe’s Committee of Ministers, using the diplomat...

France Closes Forest Areas in Var as Wildfire Risk Rises

Authorities in France’s Var region have closed eight major forest areas as extreme heat and strong winds increase the risk of further fires following the Gros Bessillon wildfire, affecting access to parts of the French Riviera.

Cannes Yachting Festival to Highlight Sustainable Slow Boating

The Cannes Yachting Festival will place sustainable slow boating at the centre of its 49th edition from September 8 to 13, reflecting growing attention to lower-impact technologies in Mediterranean leisure boating.

Thomas Pesquet to Speak in Monaco on Future of Space Exploration

French astronaut Thomas Pesquet is scheduled to give a presentation in Monaco in September on space exploration and its future, adding an aerospace-focused event to the Principality’s cultural and business calendar.

Brune Poirson Joins Prince Albert II of Monaco Foundation Board

Former French Secretary of State for Ecological Transition Brune Poirson has joined the board of the Prince Albert II of Monaco Foundation, strengthening its leadership as it works on international conservation, ocean and biodiversity in...

Monaco Prepares for La Vuelta Grand Départ on August 20

Monaco is preparing to host the Grand Départ of the La Vuelta cycling race on August 20, adding another major international sporting event to the Principality’s tourism and hospitality calendar.

Monaco Tightens Drone Restrictions During Major International Events

Monaco has introduced stricter restrictions on drone use during major events, tightening airspace controls during periods when the Principality hosts large numbers of international visitors and luxury-event participants.

Monaco Strengthens Financial Oversight With Appointment of Benoît de Juvigny

Former French Financial Markets Authority Secretary General Benoît de Juvigny has joined Monaco’s Financial Activities Control Commission for a term running until October 2027, bringing senior regulatory experience to the Principality’s ...

Mareterra Seafront District Completes Public Lighting Infrastructure in Monaco

The Mareterra development has completed its public seafront lighting infrastructure as Monaco advances the €2 billion, six-hectare land extension, which will add residential and marina space and expand the Principality’s territory by abo...