Monaco Times

Prince Albert II Appoints Retiring Palace Chef to Gastronomic Diplomatic Role

Chef Christian Garcia will represent Monaco at international culinary and charitable events after nearly four decades serving the Princely Family, while former Élysée Palace chef Cédric Chabaudie takes over daily responsibility for the s...

Monte-Carlo Art and Luxury Fair to Focus on Longevity and High-End Craftsmanship

The third Monte-Carlo Art and Luxury Fair will bring international artists, designers and collectors to the Théâtre Princesse Grace in late September, with programming spanning fine art, bespoke jewellery and advanced well-being sciences.

Monaco Yacht Show Adds Sustainability Initiative to September Superyacht Showcase

More than 120 superyachts are expected at the Monaco Yacht Show in Port Hercules, where organisers are also introducing the Blue Wake exhibition focused on cleaner propulsion systems and sustainable refit technologies.

Société des Bains de Mer Advances Second One Monte-Carlo Development

Monaco’s state-backed hospitality and entertainment group is moving ahead with an ultra-luxury residential and commercial project above Thermes Marins Monte-Carlo, prompting Edmond de Rothschild to relocate its private banking headquarte...

Ultra-Wealthy Investors Diversify Residencies Across Monaco, Switzerland and Singapore

Henley and Partners says billionaires and family offices are increasingly spreading their residencies across several jurisdictions, including Monaco, Switzerland and Singapore, as they seek greater protection from geopolitical uncertaint...

Monaco Hosts Council of Europe Ambassadors as Committee of Ministers Resumes Work

Forty-six permanent representatives gathered at Monaco’s Oceanographic Museum as the Council of Europe’s Committee of Ministers resumed its work under the Principality’s presidency, reinforcing Monaco’s role in European diplomacy and hum...

Monaco Private Banks Expand Artificial Intelligence and Tokenisation Services for Family Offices

Private banks in Monaco are adopting artificial intelligence tools for portfolio analysis and exploring fractionalised real estate assets as they respond to increasingly complex demands from ultra-high-net-worth clients while maintaining...

Monaco Bans Single-Use Plastic Food Packaging Across the Principality

Monaco introduced a comprehensive ban on disposable plastic food packaging from September 1, requiring hospitality and retail businesses to eliminate single-use plastics as part of the government’s wider environmental and ocean-conservat...

AS Monaco Basketball Demoted to French Third Tier After Regulatory and Financial Failures

AS Monaco’s Roca Team has been excluded from the EuroCup and French professional leagues over regulatory and financial compliance problems, forcing a major restructuring one year after reaching the EuroLeague final.

Monaco Property Prices Hit Record Highs as Mareterra Tops €100,000 per Square Metre

Monaco remains the world’s most expensive property market, with average values approaching €53,000 per square metre and ultra-prime developments in Mareterra exceeding €100,000 per square metre.

Monaco Investment Forums Increase Focus on Ocean Sustainability and Blue Economy

Monaco’s leading investment conferences are directing more attention and capital toward ocean conservation technologies, reinforcing the Principality’s role in sustainable maritime finance.

Monaco Becomes First Sovereign State to Host Starts of All Three Cycling Grand Tours

Monaco has become the only sovereign state to have served as the starting point for all three major cycling Grand Tours, highlighting the Principality’s ability to host large international sporting events.

Villa Ariane Development Pushes Luxury Property Benchmark Higher in Monaco’s La Rousse

The Villa Ariane project is setting a new high-end pricing benchmark in Monaco’s La Rousse-Saint Roman district as demand for premium residential property remains strong.

Cédric Chabaudie Takes Charge of Monaco Palace Kitchens After Élysée Tenure

Cédric Chabaudie has assumed responsibility for the Prince’s Palace kitchens after joining from the French presidential kitchens at the Élysée Palace.

Prince Albert II Appoints Long-Serving Palace Chef to Gastronomic Diplomacy Role

Chef Christian Garcia has been named Prince Albert II’s Personal Representative for Gastronomy after nearly four decades serving the Princely Family, taking on a role focused on international cultural and charitable engagement.

AS Monaco Beats Marseille by Two Goals in Ligue 1

AS Monaco recorded a two-goal victory over Olympique de Marseille at Stade Louis II, strengthening the club’s position as it pursues European qualification this season.

Folarin Balogun’s £40 Million Everton Transfer From AS Monaco Collapses After Medical

A proposed £40 million deadline-day transfer of United States forward Folarin Balogun from AS Monaco to Everton fell through after complications during his final medical examination.

Monaco Family Offices Adopt More Formal Governance for Generational Wealth Transfers

Family offices and wealth advisers in Monte Carlo are increasingly using formal family constitutions and institutional governance structures to manage complex cross-border transfers of wealth between generations.

Monaco Establishes Formal Diplomatic Relations With Mauritius

Monaco and Mauritius have established formal bilateral relations, opening avenues for cooperation in tourism, marine conservation and cross-border wealth management.

Monaco Yacht Show Adds Designer Gallery and Sustainability Hub for 2026

The 2026 Monaco Yacht Show at Port Hercules will introduce a dedicated superyacht design gallery and an environmental technology hub focused on more sustainable maritime innovation.

Monaco Luxury Rental Prices Rise More Than 10% as Property Supply Tightens

Long-term luxury rents in Monaco have climbed by more than 10% over the past two years as limited supply meets demand from wealthy expatriates seeking tax efficiency and political stability.

Tighter Monaco Banking Checks Lengthen Residency Application Timelines

Stricter anti-money laundering reviews are extending the time required for prospective Monaco residents to obtain mandatory local banking attestations, according to wealth managers advising applicants.

Monaco Wealth Managers Expand Tokenised Investment Funds as Crypto Rules Advance

Monegasque wealth managers are expanding tokenised fund offerings as legislative proposals covering crypto-asset service providers move to the National Council, combining digital investments with traditional private banking structures.

Monaco Private Banks Expand AI, Tokenised Assets and Cybersecurity Services

Private banks in Monaco are upgrading technology platforms with artificial intelligence portfolio tools, tokenised asset management and enhanced cybersecurity aimed at ultra-high-net-worth international clients.

Monaco Prepares to Host Council of Europe Representatives During Committee Chairmanship

Monaco is preparing to receive permanent representatives from 46 Council of Europe member states as it chairs the Committee of Ministers, with talks expected to include environmental policy and European stability.

Monaco Bans Single-Use Plastic Packaging for Fresh and Ready-to-Eat Foods

Monaco has introduced a broad ban on short-lived plastic packaging for fresh and prepared retail foods, requiring hospitality and retail businesses to shift toward biodegradable alternatives.

Monaco Accelerates Financial Reforms in Bid to Exit FATF Grey List

Monaco has unified its anti-money laundering framework and established an independent Financial Intelligence Unit as authorities work to secure the Principality’s removal from the Financial Action Task Force grey list by year-end.

Musée du Vieux Monaco Reopens With Exhibition on Le Rocher

The Musée du Vieux Monaco has reopened with an exhibition exploring the history of the Rock of Monaco, focusing on the Principality’s sovereign heritage and architectural preservation.

Prince’s Palace Exhibition on Rainier III and Grace Kelly Wedding Nears Close

The Prince’s Palace is preparing to close its summer exhibition marking the 70th anniversary of the 1956 wedding of Prince Rainier III and Grace Kelly, an event that reshaped Monaco’s international image.

Grimaldi Forum Automobile Exhibition Enters Final Days After Drawing Thousands

The Grimaldi Forum’s summer exhibition covering more than 130 years of Monaco’s automotive history is nearing its close after attracting thousands of international collectors and visitors.

Monaco Launches Septembre Rouge Campaign to Support Blood Cancer Research

Monaco has begun its annual Septembre Rouge campaign, bringing together residents, philanthropic organizations and medical institutions to raise awareness and funding for blood cancer research and treatment.

BOAT International Plans VIP Lounge at 2026 Monaco Yacht Show

BOAT International will introduce a dedicated VIP networking lounge at the 2026 Monaco Yacht Show for yacht owners, brokers and luxury-industry executives.

Monaco to Host BNI International Business Convention in October

The Grimaldi Forum will host the BNI International Convention in late October, bringing thousands of business leaders and entrepreneurs to Monaco for international networking.

LUXE PACK Monaco to Showcase Sustainable Packaging for Luxury Brands

Luxury, cosmetics and premium beverage companies are preparing for LUXE PACK Monaco, where exhibitors will present new sustainable packaging technologies aimed at high-end consumer markets.

Monaco Sustainable Marina Summit Draws Maritime and Green Technology Investors

The Monaco Smart and Sustainable Marina Rendezvous is bringing together maritime developers and green-technology investors to discuss cleaner yachting and more environmentally resilient coastal infrastructure.

Monaco Prepares to Host Les Assises Cybersecurity Conference

Cybersecurity specialists, financial technology executives and corporate leaders are preparing to gather in Monaco for Les Assises, with discussions focused on protecting digital infrastructure used by private banking and wealth manageme...

AS Monaco Moves to Top of French League After Victory Over Marseille

AS Monaco climbed to the top of the French domestic standings after a commanding win over Olympique de Marseille, with Paris Brunner scoring a standout goal in the victory.

Monaco Opens Ticket Sales for 2026 Formula One and Historic Grand Prix

The Automobile Club de Monaco has launched hospitality and grandstand ticket sales for the 2026 Monaco Grand Prix and Historic Grand Prix ahead of expected strong international demand.

International School of Monaco Reaches Capacity With More Than 850 Students

The International School of Monaco has begun the new academic year at full capacity with more than 850 pupils, reflecting continued demand from international families relocating to Monaco and the French Riviera.

Monaco Yacht Show Prepares to Display About 125 Superyachts at Port Hercules

Shipyards and luxury maritime brokers are preparing for the late-September Monaco Yacht Show, where about 125 superyachts are expected to be presented to international buyers and visitors.

AS Monaco Agrees £40 Million Transfer of Folarin Balogun to Everton

AS Monaco has agreed to sell United States international striker Folarin Balogun to Premier League club Everton for £40 million following his spell in French football.

French Rail Works Disrupt Monaco-Menton Route Through November

France’s national railway operator has introduced major works and restricted timetables on the Monaco-Menton corridor through November, creating travel difficulties for thousands of cross-border commuters working in Monaco.

Monaco Bans Single-Use Plastic Food Packaging From September 1

Monaco has introduced new rules banning single-use plastic food packaging across the Principality, requiring hospitality and luxury retail businesses to move toward sustainable alternatives.

Monaco Private Banks Expand Use of AI and Digital Finance Tools

Private banking institutions in Monaco are increasing their use of artificial intelligence portfolio systems, financial technology and cybersecurity tools to serve international wealthy clients while meeting regulatory requirements.

Monaco Luxury Rental Prices Rise More Than 10% as Housing Supply Remains Tight

Long-term luxury rents in Monaco have climbed by more than 10% over the past two years as limited housing supply meets growing demand from affluent expatriates and international professionals seeking residency in the Principality.