Monaco Times

Alain Ducasse Launches Sustainable Fine Dining Concept in Monte Carlo

Chef Alain Ducasse has introduced a new haute cuisine restaurant in Monte Carlo using ingredients sourced exclusively from farms across the French Riviera, reflecting rising interest in locally produced sustainable luxury dining.

Prince Albert II Foundation Launches €50 Million Mediterranean Biodiversity Fund

The Prince Albert II of Monaco Foundation has announced a €50 million initiative supporting marine biodiversity, coastal resilience and plastic pollution reduction across the Mediterranean with backing from international donors.

Monaco Heliport Begins Upgrades for Future Electric Air Taxi Operations

Infrastructure work has started at the Monaco Heliport to prepare for electric vertical take-off and landing aircraft, supporting plans for lower-emission connections with Nice Côte d'Azur Airport and the French Riviera.

Monaco and Gulf States Deepen Investment and Wealth Management Dialogue

Monegasque officials have begun high-level discussions with Gulf sovereign wealth funds and financial representatives to strengthen investment ties, encourage family office activity and facilitate cross-border capital flows.

Monaco Sovereign Fund Increases Investment in Renewable Energy and Maritime Innovation

Monaco's sovereign reserve fund has shifted more capital toward renewable energy, sustainable infrastructure and maritime technology ventures, aligning investment strategy with the principality's environmental priorities.

Monaco Yacht Show Reports Record Interest in Sustainable Megayachts

Organisers of the September Monaco Yacht Show said registrations have risen for hybrid and fully electric superyachts exceeding 100 metres in length, reflecting growing demand for environmentally focused yacht design.

Monaco Introduces New Regulatory Framework for Digital Asset Firms

Financial regulators have implemented an updated licensing regime for digital asset managers and blockchain businesses designed to attract institutional investment while maintaining Monaco's anti-money laundering standards.

Monaco Grand Prix Delivers Record Corporate Hospitality Spending

An economic assessment of the Formula One Monaco Grand Prix found corporate sponsorship, superyacht charters and VIP hospitality spending reached record levels, highlighting the event's importance to the principality's economy.

Société des Bains de Mer Expects Record Summer Tourism and Gaming Revenue

The operator of the Casino de Monte-Carlo and the Hôtel de Paris reported exceptionally strong advance bookings for luxury accommodation, fine dining and entertainment, reflecting continued demand from high-end international visitors.

Mareterra Development Sets New Luxury Property Price Records

Developers say Monaco's Mareterra eco-district has achieved record prices per square metre ahead of its final completion, with strong demand for waterfront homes from international buyers seeking sustainable luxury real estate.

Monaco Energy Boat Challenge Showcases Artificial Intelligence and Hydrogen-Powered Vessels

The 13th Monaco Energy Boat Challenge has opened in Port Hercules with a record 56 international teams demonstrating hydrogen, battery-electric and artificial intelligence-powered maritime technologies, reinforcing the principality's rol...

Prince Albert II Opens Ocean Space Forum to Advance Satellite-Based Marine Conservation

Monaco's government and the French National Centre for Space Studies have launched the third Ocean Space Forum in Monte Carlo, bringing together policymakers, industry leaders and space agencies to explore satellite technologies for ocea...

Private Wealth Inflows Rise as Affluent Families Relocate to Monaco

Private banks and family offices reported stronger capital inflows during the second quarter as wealthy individuals from the United Kingdom and France relocated to Monaco, citing political stability, regulatory certainty and tax efficiency.

Monaco Issues International Arrest Warrant After Parcel Bomb Attack Injures Ukrainian Businessman

Authorities in Monaco, working with French police and international law enforcement, have issued a global arrest warrant after a parcel bomb seriously injured Ukrainian businessman Vadym Yermolaiev, prompting Prince Albert II to reassure...

Monaco Red Cross Completes Preparations for Annual Charity Gala

Organisers are finalising security and logistics for the 77th Monaco Red Cross Gala, one of the principality's leading philanthropic events supporting international humanitarian programmes.

Monte-Carlo Summer Festival Begins Peak Tourism Season

The Monte-Carlo Summer Festival has opened with performances at the Salle des Étoiles and Opéra Garnier Monte-Carlo, supporting the principality's hospitality, luxury retail and tourism industries during the busy summer season.

Yacht Club de Monaco Hosts Energy Boat Challenge for Clean Maritime Technology

Engineers, universities and yacht builders are gathering in Monaco for the 13th Energy Boat Challenge to test zero-emission propulsion systems and hydrogen-powered marine technologies.

Grimaldi Forum Opens Major Exhibition Celebrating Monaco's Automotive Heritage

The Grimaldi Forum has launched its summer exhibition, "Monaco and the Automobile," tracing the principality's long association with motorsport, luxury vehicles and automotive innovation.

Port Hercules Hosts Prestigious Monte Carlo Show Jumping Competition

Port Hercules has once again been transformed into an international equestrian arena as riders gather for the Longines Global Champions Tour, one of Monaco's flagship sporting events.

Gucci Showcases Monaco in Latest Global Luxury Advertising Campaign

Gucci has released the second chapter of its international campaign featuring private villas and coastal locations across Monaco, reinforcing the principality's image as a leading luxury destination.

Monaco Opens Architectural Tours of Mareterra Waterfront Development

The principality has launched guided tours showcasing the design, engineering and sustainability features of the six-hectare Mareterra land reclamation project that is reshaping Monaco's coastline.

Global Wealth Continues to Support Monaco's Luxury Property Market

Sotheby's International Realty said international buyers are increasingly choosing Monaco over other European cities, seeking asset protection, tax efficiency and security amid global economic uncertainty.

Prince Albert and Princess Charlene Mark 50 Years of Mediterranean Environmental Cooperation

The princely couple opened a commemorative exhibition celebrating the 50th anniversary of the RAMOGE Agreement, highlighting five decades of cooperation between Monaco, France and Italy to protect the Mediterranean marine environment.

Monaco Expands Digital Finance Strategy for Private Banking and Wealth Management

Regulators are developing a tailored financial technology framework that will support secure cross-border transactions, digital identity verification and modern compliance systems while reinforcing Monaco's private banking sector.

Prince Albert II Opens Ocean Space Forum to Advance Marine Conservation Technology

Prince Albert II and the French National Centre for Space Studies have inaugurated the third Ocean Space Forum in Monte Carlo, bringing together international experts to explore how satellite technology can support marine conservation an...

Monaco Property Prices Reach New High as Larvotto Surpasses €70,000 Per Square Metre

A Savills report says Monaco remains Europe's most resilient ultra-prime residential market, with average prices in the Larvotto district exceeding €70,000 per square metre as homes in the Mareterra development enter the resale market.

Monaco Police Hunt Suspects After Bombing Seriously Injures Ukrainian Businessman

Authorities in Monaco and neighbouring France are investigating a targeted bombing that seriously injured sanctioned Ukrainian construction businessman Vadym Yermolaiev and two family members, marking a rare security incident in the prin...

Financial Action Task Force Commends Monaco for Completing Major Anti-Money Laundering Reforms

The global financial watchdog said Monaco has substantially completed its action plan to strengthen anti-money laundering and counter-terrorism financing measures, citing extensive legislative reforms and an 80% increase in dedicated fin...

Monaco Strengthens Security Ahead of Busy Summer Events

Monaco's police have deployed enhanced surveillance and security technology across the Principality to support public safety during the upcoming season of major international events and gatherings.

French Riviera Luxury Hotels Increase Investment in Sustainable Tourism

Luxury hospitality groups across Monaco and the French Riviera are expanding investment in environmentally focused tourism infrastructure as demand grows for lower-carbon luxury travel experiences.

Monaco Expands Summer Cultural Program to Attract International Visitors

Monaco's cultural and heritage institutions have launched a new program of exhibitions and performances aimed at strengthening the Principality's appeal as a year-round destination for international cultural tourism.

Private Jet Demand Rises Between Monaco and Global Financial Centers

Operators serving Nice Côte d'Azur Airport reported stronger demand for private flights linking Monaco with major financial hubs including London, Zurich and Dubai.

French Riviera Ports Coordinate Strategy for Rising Yacht Traffic

Port authorities across the French Riviera have launched a coordinated plan to manage growing private maritime traffic and reduce congestion between Monaco, Antibes and Saint-Tropez.

Monte Carlo Art Market Sees Rising Demand Ahead of Summer Auctions

Auction houses and private galleries in Monte Carlo reported increased demand for exclusive viewings as international collectors prepare for the summer art auction season.

Monaco Red Cross Gala Draws Record International Support

The Monaco Red Cross Society said ticket and table sales for its annual gala have reached record levels, with strong participation expected from international philanthropists, business leaders and celebrities.

Monaco International Schools Reach Capacity as Global Demand Grows

International schools in Monaco reported enrollment demand has reached capacity as more globally mobile families seek bilingual education and internationally recognized academic programs.

Luxury Retailers Expand Flagship Stores in Monte Carlo

Leading luxury brands are investing in the expansion and renovation of flagship boutiques in Monte Carlo's premier shopping district to meet growing demand from affluent residents and international visitors.

Superyacht Charter Demand Exceeds Pre-Pandemic Levels on the French Riviera

Brokerages and marina operators at Port Hercules reported advance bookings for the upcoming Mediterranean charter season have surpassed pre-pandemic levels, reflecting sustained demand for luxury yacht experiences.

Monaco Yacht Show to Spotlight Sustainable Marine Technology

Organizers of the Monaco Yacht Show said the next edition will feature a dedicated exhibition focused on sustainable propulsion systems and green shipping technologies, highlighting the industry's transition toward lower-carbon operations.

Monaco Enhances Health Research Partnerships in Biotechnology and Rare Diseases

Monaco's Department of Health has signed new agreements with European research institutions and biotechnology companies to advance rare disease research and innovative diagnostic technologies.

Monaco Plans Investment in Electric Vehicle Charging and Urban Mobility

Monaco's National Council is considering a multi-million euro investment program to expand electric vehicle charging infrastructure and modernize urban mobility in support of the Principality's 2050 carbon neutrality goal.

Monaco Tourism Returns to Historic Levels as Business Travel Rebounds

The Monaco Tourism and Congress Authority said international business travel and executive conferences have recovered to historical peak levels, signaling a full recovery in the Principality's corporate hospitality sector.