Monaco Times

Global Auction Houses Expand Monaco Presence for Summer Sales Season

Major international auction houses increased operations and scheduled additional high-end art and jewellery sales in Monaco to capture demand from the concentration of wealthy collectors on the Côte d'Azur.

Monaco's Private Banking Industry Maintains Wealth Inflows Despite FATF Grey Listing

Banks and wealth managers reported continued inflows of international capital and family office relocations despite Monaco's placement on the Financial Action Task Force grey list, indicating that stricter compliance requirements have no...

Monaco Introduces Landmark Plea Bargaining Reform to Modernise Criminal Justice System

The Principality enacted Law No. 1.593, introducing plea bargaining procedures for the first time as part of its most significant overhaul of criminal procedure in decades, aiming to accelerate straightforward cases and align judicial pr...

Monaco Luxury Property Prices Hit Record High as Mareterra Drives Market Growth

Monaco's statistics office said luxury property prices reached new records, with the Larvotto district surpassing €70,000 per square metre after the completion and resale of homes in the Mareterra eco-district, reinforcing the Principali...

Monaco Sustainability Academy Launches New Programmes for Future Ocean Leaders

The Monaco Sustainability Academy has introduced new education and training programmes, supported by royal foundations, to prepare the next generation of leaders in marine conservation and sustainable maritime technology.

Global Wealth Management Leaders Gather in Monaco for Industry Summit

Senior executives from the private banking and wealth management sectors have convened in Monaco to discuss international asset management, estate planning and the evolving needs of wealthy families.

Monaco and French Riviera Tourism Bodies Strengthen Regional Cooperation

Tourism authorities from Monaco and neighbouring Riviera destinations, including Cannes and Saint-Tropez, have agreed to improve regional coordination and visitor connectivity to enhance the travel experience.

Prince's Palace Launches Long-Term Heritage Conservation Programme

The Prince's Palace of Monaco has announced a new restoration initiative to preserve historic architectural features, reinforcing the royal family's commitment to protecting the Principality's cultural heritage.

Luxury Fashion Brands Expand Presence in Monte Carlo

The development of new retail space in Monte Carlo is attracting leading global luxury fashion houses seeking to strengthen their presence in one of the world's premier luxury shopping destinations.

Monaco Economic Board Expands Trade Outreach in Europe and the Middle East

The Monaco Economic Board has completed a series of trade missions across Europe and the Middle East aimed at creating new commercial partnerships and supporting the international expansion of Monaco-based businesses.

Monaco Sustainable Finance Funds Attract New Institutional Investors

Monaco-based sustainable finance initiatives focused on ocean conservation have secured fresh commitments from international institutional investors, strengthening the Principality's role in environmental investment.

Monaco Strengthens Maritime Security Cooperation in the Mediterranean

The government has signed new agreements with neighbouring maritime authorities and international security organisations to enhance coastal surveillance and improve safety across Monaco's ports and territorial waters.

Wealth Advisers Highlight Monaco's Stability Amid European Economic Uncertainty

International wealth advisers say Monaco continues to attract investors seeking financial and political stability, pointing to the Principality's fiscal independence and established legal framework.

Monaco Red Cross Gala Preparations Begin for Annual Philanthropy Event

Organisers have confirmed preparations are underway for the Monaco Red Cross Gala, one of the Principality's flagship charitable events that brings together members of royal families, business leaders and international philanthropists.

Monaco Hospitality Groups Expand Luxury Portfolio Across the French Riviera

Leading Monaco-based hospitality companies have announced new hotel and resort partnerships across the French Riviera, extending the Principality's luxury tourism presence beyond its borders.

Monaco Cultural Venues Report Record Attendance at International Exhibitions

The Grimaldi Forum and other leading cultural institutions have recorded their highest attendance levels for international exhibitions, reflecting Monaco's growing appeal as a destination for world-class arts and culture.

Nice Airport Expands Private Aviation Facilities to Support Monaco Travel

Nice Côte d'Azur Airport has completed major upgrades to its private aviation terminals, increasing capacity for executive aircraft serving Monaco and the French Riviera's growing luxury tourism market.

Monaco Explores New Rules to Attract Fintech and Digital Asset Companies

The Monaco government and the Monaco Economic Board are developing a regulatory framework aimed at attracting fintech businesses and digital asset firms while maintaining strict anti-money laundering and compliance standards.

Monaco Grand Prix Continues to Drive Corporate Investment and Luxury Tourism

Business analysts say the Monaco Grand Prix generated record levels of corporate sponsorship and demand for premium hospitality packages, underscoring the event's importance to the Principality's tourism and services economy.

Monte Carlo Luxury Property Market Holds Firm Despite Global Economic Uncertainty

Property specialists say prime residential prices in Monte Carlo remain among the highest in the world, supported by limited supply and continued demand from international buyers seeking luxury homes in Monaco.

Prince Albert II Strengthens Ocean Conservation Partnerships at Paris Summit

Prince Albert II of Monaco attended a high-level ocean conservation summit in Paris, using the Prince Albert II of Monaco Foundation to expand cooperation with governments and non-governmental organisations focused on marine sustainabili...

Monaco Yacht Show Expects Record Participation and Strong Sales

Organisers of the Monaco Yacht Show say this year's event will feature record participation from major shipyards, yacht brokers and design firms, with strong demand expected for sustainable and custom-built superyachts.

Monaco Private Banks Report Rising Inflows From International Family Offices

Private banks and wealth management firms in Monaco are seeing sustained growth in capital inflows and residency applications from ultra-high-net-worth individuals and family offices attracted by the Principality's tax stability, politic...

Monaco Launches Major Infrastructure Plan to Expand Larvotto and Upgrade Port Hercules

The Monaco government has unveiled a multi-year investment programme to expand the Larvotto waterfront and modernise Port Hercules, increasing capacity for larger superyachts and reinforcing the Principality's position as a leading desti...

Demand Grows for Preventive Healthcare and Wellness Services in Monaco

Private clinics in Monaco report rising demand for personalized preventive healthcare and longevity programmes, reflecting growing international interest in the Principality's luxury medical and wellness sector.

Riviera Transport Projects Improve Links Between Monaco and Nice

Regional authorities report continued progress on transport infrastructure along the Côte d'Azur, with road and transit upgrades aimed at improving connectivity between Monaco, Nice, and Antibes.

Monaco Strengthens International Engagement on Philanthropy and Humanitarian Issues

Monaco's diplomatic representatives continue participating in international discussions on philanthropy, humanitarian assistance, and human rights, reflecting the Principality's ongoing engagement in global cooperation.

Luxury Watch and Jewellery Brands Host Exclusive Events in Monte Carlo

Leading watchmakers and jewellery houses are holding invitation-only showcases in Monte Carlo, reinforcing Monaco's standing as a premier destination for luxury retail and elite networking.

Monaco Hotels Introduce Concierge Services Integrated With Wealth Management

Luxury hotels in Monte Carlo have expanded personalized concierge offerings through partnerships with local financial institutions, combining hospitality with private wealth advisory services for international guests.

Monaco Ocean Week Initiatives Expand Global Conservation Efforts

Monaco-based environmental foundations have announced additional funding and international partnerships to support Mediterranean marine conservation and promote sustainable maritime development.

Private Jet Traffic Increases at Nice Côte d'Azur Airport

Private aviation operators report higher flight activity at Nice Côte d'Azur Airport, the principal gateway for Monaco's residents and international visitors during the peak travel season.

Monaco's Prime Residential Property Market Remains Resilient

Leading real estate brokerages report that prices for prime residential properties have remained stable despite broader global economic uncertainty, supported by limited supply and sustained international demand.