Monaco Times

Monaco Marks Wedding Anniversary of Prince Albert II and Princess Charlene

The principality commemorated the wedding anniversary of Prince Albert II and Princess Charlene with public tributes and cultural activities recognizing the royal family's role in Monaco's public life and international profile.

Monaco's Economy Exceeds €10 Billion as Private Banking and Residency Demand Grow

Monaco's gross domestic product has reached €10.28 billion, reflecting continued expansion in private banking, wealth management and international residency services that underpin the principality's economy.

Key Trends to Watch

Monaco is reinforcing its position as a global wealth and luxury destination while strengthening its international regulatory credentials. Progress toward removal from financial monitoring lists, sustained growth in private banking, cont...

Monte-Carlo Société des Bains de Mer Expands Luxury Dining and Entertainment

Monte-Carlo Société des Bains de Mer has introduced new dining concepts and refreshed entertainment offerings across its flagship venues to meet rising demand during the summer tourism season.

Monaco Expands Accessible Facilities at Larvotto Beach

The government has opened upgraded accessibility services and coastal infrastructure at Larvotto Beach, improving access for visitors ahead of the peak summer tourism season.

Monaco Marks 50 Years of the RAMOGE Marine Conservation Agreement

Prince Albert II joined international partners to commemorate the 50th anniversary of the RAMOGE Agreement, reaffirming Monaco's commitment to environmental cooperation with France and Italy in the Mediterranean.

Villa Paloma Opens Major Victor Brauner Exhibition

The New National Museum of Monaco has launched a major exhibition dedicated to Victor Brauner, attracting international collectors and strengthening the Principality's profile in the global art market.

Monte-Carlo Summer Festival Boosts Luxury Tourism Across the Riviera

The annual Monte-Carlo Summer Festival has begun at the Salle des Étoiles and the Opéra Garnier, supporting demand for luxury hotels and reinforcing Monaco's position as a leading summer destination.

Monaco Red Cross Gala Revamps Format for 77th Charity Event

The Monaco Red Cross has replaced its traditional celebrity concert with an original theatrical production created by Monte-Carlo Société des Bains de Mer for the gala's 77th edition.

Interpol Expands Investigation Into Monaco Bomb Attack Targeting Ukrainian Businessman

International investigators have identified a primary suspect believed to be living in Germany as they continue investigating an explosive attack targeting a Ukrainian businessman in Monaco.

AS Monaco Appoints Filipe Luís as Head Coach

AS Monaco has named former Brazil international and Flamengo manager Filipe Luís as head coach on a multi-year contract as the club prepares for the new European football season.

Monaco Expands Fintech Focus on Wealth Management and Digital Compliance

Monaco's financial technology sector is concentrating on specialist services for private banks and family offices, with regulators and technology firms developing secure payment systems, regulatory technology and digital asset compliance...

Monaco to Showcase Sustainable Marine Innovation at Energy Boat Challenge

The Yacht Club de Monaco will host 54 international engineering teams at the Energy Boat Challenge, highlighting advances in hydrogen, methanol and artificial intelligence-powered propulsion technologies for the maritime sector.

Prince Albert II and Princess Charlene Launch Greenland Climate Research Mission

Prince Albert II and Princess Charlene are leading a scientific expedition to Greenland through the Monaco Institute of Ocean Sciences, reinforcing the Principality's longstanding commitment to ocean research and international climate co...

Monaco's Luxury Property Market Shifts Toward Premium Long-Term Investments

Property consultants say international buyers remain attracted to Monaco's record residential values, but demand is increasingly focused on high-quality turnkey homes offering privacy, security and long-term value rather than short-term ...

Monaco's Private Banking Sector Surpasses €180 Billion in Client Assets

Private banks and wealth managers in Monaco reported client portfolios exceeding €180 billion, with continued inflows from ultra-high-net-worth individuals driving greater investment in private equity, alternative assets and artificial i...

Monaco Moves Closer to Removal From International Financial Grey List

International regulators have confirmed that Monaco has completed its anti-money laundering action plan, paving the way for an on-site assessment widely expected to lead to the Principality's removal from enhanced global monitoring lists.

Global Companies Increase Interest in Establishing Headquarters in Monaco

Corporate advisory firms report rising inquiries from companies in the luxury, maritime and wealth management sectors seeking to establish European holding structures in Monaco, attracted by the Principality's fiscal environment and inte...

Monaco Expands Electric Vehicle Charging Network for Luxury Mobility

Urban planning authorities are installing additional high-capacity electric vehicle charging stations in Fontvieille and Larvotto to support Monaco's decarbonization strategy and the growing use of electric luxury vehicles.

Oceanographic Institute Leads Polar Heritage Ceremony in Iceland

The Oceanographic Institute of Monaco joined Icelandic officials in commemorating French explorer Jean-Baptiste Charcot, highlighting the Principality's long-standing commitment to polar research and marine conservation.

Société des Bains de Mer Expands Digital Concierge Services Across Luxury Hotels

Société des Bains de Mer has introduced enhanced digital concierge services and new culinary partnerships across its luxury hotel portfolio to further personalize guest experiences.

Monaco Art Market Sees Strong Demand from Global Family Offices

Art galleries in Monte Carlo and Larvotto report increased acquisitions by family offices using blue-chip artwork to diversify portfolios amid continued global economic uncertainty.

Monaco Hosts High-Level Mediterranean Security and Economic Talks

Monaco has hosted a series of private discussions involving European and North African policymakers on maritime trade, environmental protection and regional economic cooperation, reflecting the Principality's role as a neutral diplomatic...

Monaco Grand Prix Spending Continues to Lift Summer Luxury Sales

Hotels, restaurants, luxury retailers and yacht charter companies report that strong consumer spending generated during the Monaco Grand Prix has continued into the early summer tourism season.

Entrepreneurs Drive Growing Demand for Monaco Real Estate

A new market analysis shows that internationally mobile entrepreneurs and business owners are increasingly purchasing property in Monaco as a stable European base rather than solely as a luxury lifestyle destination.

Prince Albert II Foundation Completes Global Climate Grant Program

The Prince Albert II of Monaco Foundation has concluded its 2026 funding round, supporting projects focused on Mediterranean marine conservation, polar research and renewable energy in vulnerable regions.

Private Aviation Traffic to Monaco Increases for Peak Summer Season

Regional aviation authorities report rising private jet arrivals and helicopter transfers through Nice Côte d'Azur Airport as executives and family offices relocate temporarily to the French Riviera for the summer.

Monaco Red Cross Prepares Annual Summer Charity Gala

The Monegasque Red Cross is finalizing preparations for its annual July gala at Sporting Monte Carlo, an event that raises funds for humanitarian initiatives supported by the Monaco royal family.

Monaco Summer Festival Opens to Boost Luxury Tourism and Hospitality

The Société des Bains de Mer has launched its 2026 Monte Carlo Summer Festival, with performances at the Salle des Étoiles and Opéra Garnier expected to support strong demand for luxury hotels, restaurants and retail.

Monaco Private Banks Increase Focus on Artificial Intelligence Investments

Private banking institutions in Monte Carlo, including Edmond de Rothschild, are encouraging family offices to increase exposure to artificial intelligence infrastructure and advanced computing as technology investment reshapes global po...