Monaco Times

Princess Charlene Foundation Raises Funds Through Riviera Water Sports Event

The Princess Charlene of Monaco Foundation concluded a high-profile aquatic sporting event that brought together athletes, public figures and corporate partners to support global drowning prevention and youth water safety initiatives.

Grimaldi Forum Opens Flagship Summer Art Exhibition

Monaco's Grimaldi Forum has unveiled its major summer exhibition, featuring works on loan from leading international institutions for collectors, philanthropists and visitors from around the world.

PhiloMonaco Welcomes European Thinkers for Annual Forum on Society and Technology

The annual PhiloMonaco conference has opened with academics, philosophers and cultural leaders gathering to discuss ethics, science, technology and contemporary society, further strengthening Monaco's cultural profile.

Monaco Private Banks Introduce Regulated Digital Asset Custody Services

Selected private banks have launched regulated digital asset custody and trading services to meet growing demand from younger wealthy clients while maintaining established wealth management standards.

Monte-Carlo Société des Bains de Mer Expands Michelin-Starred Dining Partnerships

Société des Bains de Mer has signed new partnerships with internationally recognised chefs, strengthening its portfolio of Michelin-starred restaurants to meet demand from global luxury travellers.

Monaco Reinforces International Tax Transparency and Anti-Money Laundering Standards

The Department of Finance and Economy has issued updated guidance reaffirming Monaco's commitment to international tax reporting and anti-money laundering rules to maintain confidence in its financial sector.

Prince Albert II Foundation Expands Funding for Mediterranean Marine Conservation

The Prince Albert II of Monaco Foundation announced additional funding for marine protected areas and coastal resilience projects across the Mediterranean, bringing governments and private donors together to strengthen ocean conservation...

Monaco Business Leaders Accelerate Artificial Intelligence Adoption Across Financial Services

The Club de l'Eco Monaco-Matin and business executives gathered in Monte Carlo to promote wider use of artificial intelligence in private banking and corporate services while positioning Monaco as a secure and privacy-focused digital fin...

Monaco Family Offices Increase Investment in Climate Technology and Healthcare Innovation

Wealth advisers report that family offices based in Monaco are directing more capital into climate resilience, renewable energy and advanced medical technologies as part of broader long-term investment strategies.

Louis Vuitton Partnership Boosts Commercial Value of the Monaco Grand Prix

Sports business analysts say Louis Vuitton's title sponsorship has further increased hospitality revenues and premium sponsorship values around the Monaco Grand Prix, reinforcing its position as one of the world's leading luxury sporting...

Mareterra Eco-District Nears Completion as Most Luxury Homes Are Already Sold

Monaco's landmark Mareterra land reclamation project is entering its final stages, with most waterfront villas and apartments already secured by ultra-high-net-worth buyers at record prices per square metre.

Monaco Energy Boat Challenge Brings Global Marine Industry Together to Advance Clean Propulsion

The Yacht Club de Monaco is preparing to host the 13th Monaco Energy Boat Challenge, bringing engineers, shipyards and technology companies from 21 countries to showcase hydrogen-powered and other low-emission maritime technologies.

Prince Albert II Outlines Housing, Mobility and Reputation Priorities for Monaco

In a rare joint interview with Monaco-Matin, Prince Albert II and Princess Charlene highlighted efforts to strengthen Monaco's international reputation, improve urban mobility and protect housing access for Children of the Nation as glob...

Monaco Private Banks Report Rising Capital Inflows From Global Entrepreneurs

Private banking executives and financial regulators say entrepreneurs and technology founders continue to move wealth into Monaco, reinforcing the Principality's role as a tax-neutral base for preserving family assets amid economic uncer...

Monaco Real Estate Market Shifts Toward Long-Term Wealth Preservation as Demand for Prime Assets Endures

New research from Sotheby's International Realty and Polarius shows Monaco's ultra-prime property market has moved beyond pandemic-era buying, with international investors increasingly prioritising high-quality, turnkey homes and the Pri...

Monte Carlo Restaurant Scene Attracts Fresh Luxury Investment

Hospitality groups and private investors committed substantial funding to new fine dining concepts across Monte Carlo, aiming to meet growing demand from the Principality's international luxury clientele.

Grimaldi Forum Announces Landmark Art Exhibition From Private Collections

The Grimaldi Forum unveiled a major summer exhibition featuring rare post-war and contemporary artworks on loan from prominent private collections, enhancing Monaco's cultural appeal.

Monaco Yacht Market Gains Momentum Ahead of Autumn Boat Show

Yacht brokers based in Port Hercules reported stronger charter demand and increased sales activity ahead of the Monaco Yacht Show, reflecting sustained spending by high-net-worth clients.

Monaco Intensifies International Economic Outreach to Support Local Businesses

Government officials launched new economic diplomacy initiatives across the Middle East and Asia to improve overseas commercial opportunities for Monegasque luxury, maritime and technology companies.

Monaco Expands Green Bond Financing for Climate and Infrastructure Projects

Banks in Monaco increased green bond issuance to fund sustainable infrastructure and climate resilience initiatives along the Mediterranean coast, targeting institutional investors.

Monaco Upgrades Heliport for Future Electric Air Taxi Services

Authorities launched modernization work at the Fontvieille heliport to prepare for electric vertical takeoff and landing aircraft, supporting future links with Nice Côte d'Azur Airport and Saint-Tropez.

Monaco Deploys Artificial Intelligence to Strengthen Urban Security

The Ministry of Interior upgraded the Principality's security network with advanced biometric analysis and artificial intelligence tools to enhance protection for residents and visiting dignitaries.

Monaco Introduces Right-to-Be-Forgotten Rules for Financial Services

The government enacted new banking regulations designed to improve access to mortgages and business credit for residents recovering from serious medical conditions through a right-to-be-forgotten framework.

Monaco Hosts Global Blockchain and Artificial Intelligence Summit

Technology executives and investors gathered at the Yacht Club de Monaco for a Web3, artificial intelligence and blockchain summit, where participants introduced new interoperability protocols for institutional digital assets.

Monaco Banks Increase Venture Capital Investment in Artificial Intelligence

Private banks in Monaco established dedicated investment funds focused on artificial intelligence and financial technology companies, seeking to modernize wealth management services and improve cross-border compliance systems.

Société des Bains de Mer Expands Luxury Hospitality Investments

The state-backed hospitality group reported strong quarterly earnings and unveiled plans to broaden its portfolio through investments in ultra-luxury hotels across the French Alps and the Mediterranean.

Monaco Advances Commercial Lease Reform to Support Luxury Retail Sector

The National Council moved forward with legislation to modernize commercial leasing rules, aiming to reduce long-standing disputes between landlords and retailers while strengthening Monaco's competitiveness as a global shopping destinat...

Monaco Grand Prix Drives Record Luxury Hospitality Spending

Hotels, yacht charter companies, restaurants and hospitality businesses across Monte Carlo and the French Riviera reported exceptionally strong demand during the Monaco Grand Prix, reinforcing the event's importance to the regional luxur...

Monaco Sees Surge in Wealthy UK Residents Seeking Relocation

Private banks and relocation advisers reported rising inquiries from affluent UK residents following changes to Britain's non-domiciled tax regime, boosting demand for residency and wealth management services in Monaco.

Mareterra Development Pushes Monaco Luxury Property Prices to New Records

Real estate firms reported record prices per square meter in Monaco's newly completed Mareterra district as strong demand for premium waterfront homes continues among ultra-high-net-worth buyers.

Monaco Economy Maintains Strong Performance Despite Global Uncertainty

Official statistics show Monaco's economy remained resilient, with gross domestic product, luxury retail activity and high-end accommodation revenues holding near historic highs despite tighter financial conditions across Europe.

Prince Albert II Expands Monaco Blue Initiative Through New Financial Partnerships

The Prince Albert II of Monaco Foundation and the Oceanographic Institute launched the Blue Economy and Finance Forum, securing backing from major banks and philanthropic investors to support marine conservation and sustainable ocean eco...

Indosuez Wealth Management Completes BNP Paribas Monaco Portfolio Integration

Indosuez Wealth Management finalized the transfer of BNP Paribas private banking portfolios in Monaco, strengthening its leadership in the Principality's wealth management sector and expanding its European assets under management beyond ...

OECD Endorses Monaco's Progress on Financial Transparency Standards

The Organisation for Economic Co-operation and Development recognized Monaco's implementation of enhanced tax transparency and information-sharing measures, reinforcing the jurisdiction's standing as an internationally compliant wealth m...

Monaco Tightens Anti-Money Laundering Enforcement With €800,000 Compliance Penalty

Monaco's Financial Security Authority imposed an €800,000 fine on a local corporate services provider for serious anti-money laundering compliance failures, underscoring the Principality's tougher regulatory approach as it works to stren...

Luxury Retailers Expand Flagship Stores in Monte Carlo

Global fashion and jewellery houses are enlarging boutiques and private client spaces in the Carré d'Or and One Monte-Carlo districts to meet growing demand from Monaco's affluent international clientele.

Security and Privacy Continue to Attract Global Billionaires to Monaco

Wealth advisers report sustained relocation interest from ultra-high-net-worth families who cite Monaco's exceptionally low crime rate, sophisticated security measures and strong culture of discretion.

Elite Athletes Continue to Choose Monaco as Their Home Base

Formula One drivers, leading tennis players and other professional athletes continue to establish tax residency in Monaco, drawn by the principality's privacy, security and favourable financial environment.

Monaco Charity Galas Raise Millions for Climate and Marine Conservation

The principality's summer fundraising events are channeling significant philanthropic support from international donors and luxury brands toward marine conservation, climate resilience and environmental projects.

Grimaldi Forum Exhibitions Draw Global Art Collectors to Monaco

Major summer exhibitions at the Grimaldi Forum are attracting leading collectors, museum curators and art dealers, reinforcing Monaco's position as a key destination on the international cultural calendar.

Monaco Hotels and Restaurants Expect Record Summer Revenue

Luxury hotels and fine dining establishments, including properties operated by Monte-Carlo Société des Bains de Mer, are forecasting a record season driven by strong demand from high-end international visitors.

Monaco Family Offices Increase Investment in Technology and Sustainable Innovation

Family offices based in Monaco are allocating more capital to venture investments focused on financial technology, artificial intelligence and blue economy businesses as they diversify beyond traditional asset classes.

Prince Albert II and Princess Charlene Lead Traditional Saint-Jean Celebrations

Prince Albert II, Princess Charlene and their children joined Monaco's annual Saint-Jean festivities, taking part in the ceremonial bonfire and celebrating one of the principality's longstanding cultural traditions.