Monaco Times

Nice Côte d'Azur Airport Expands Business Aviation Facilities to Meet Rising Premium Travel Demand

Authorities at Nice Côte d'Azur Airport are upgrading dedicated business aviation terminals and expanding facilities in response to increasing transatlantic flights and customised charter operations serving Monaco and the French Riviera.

McLaren Marks Its Thousandth Grand Prix With Heritage Events in Monaco

McLaren Racing completed a series of commemorative events during the Monaco Grand Prix, including special liveries and demonstrations of championship-winning cars that attracted strong interest from the international luxury automotive co...

Luxury Monte Carlo Exhibition Draws Elite Collectors and Global Brands

The Unique Show concluded after showcasing rare jewellery, bespoke watches, and collectible assets, providing luxury brands with direct access to Monaco's exceptionally affluent resident and visitor base.

Stelios Foundation Expands Support for Entrepreneurs Across Monaco and the French Riviera

Sir Stelios Haji-Ioannou has broadened grant funding and mentorship programmes through his Monaco-based foundation to support emerging founders and strengthen the regional startup ecosystem.

Monte Carlo Television Festival Opens With International Premieres and Industry Gatherings

The latest edition of the Monte Carlo Television Festival has opened at the Grimaldi Forum, bringing together entertainment executives, producers, and media buyers for screenings and business negotiations.

Monaco Wealth Managers Rebalance Portfolios as European Monetary Policy Shifts

Private bankers and asset managers in Monaco are advising clients to favour short-duration bonds and artificial intelligence-linked technology equities as they adjust portfolios to changing interest rates and persistent inflation.

Princess Charlene Promotes Sport as a Tool for Equality and Social Inclusion

Addressing visiting Council of Europe parliamentarians at the Prince's Palace, Princess Charlene called for broader access to organised sport as a means of promoting inclusion and supporting youth development.

Princess Charlene Prepares 225-Kilometre Water Bike Challenge to Promote Ocean Conservation

Princess Charlene, supported by the Prince Albert II of Monaco Foundation, is preparing for an endurance crossing of the Pelagos Sanctuary to raise awareness of marine protection and water safety initiatives.

Middle East Shipping Disruptions Increase Demand for Monaco and Riviera Superyacht Berths

Commercial shipping volatility and higher energy prices in the Red Sea region are prompting more yacht owners to keep vessels in the Mediterranean, intensifying competition for premium mooring space in Monaco and along the French Riviera.

Monaco Superyacht Market Posts Record Business Activity After Formula One Grand Prix

Yacht brokers and event organisers reported exceptional commercial activity following the Monaco Grand Prix, with superyachts hosting corporate showcases, automotive presentations, and high-level networking events.

Monaco Investors Turn to Emerging Districts as Prime Seafront Property Prices Reach New Highs

International buyers are increasingly targeting renovation projects and family-sized apartments in districts such as La Condamine and Moneghetti, seeking alternatives to the premium pricing of the Carré d'Or and Larvotto areas.

Premium Spending Lifts Revenue Across Monte Carlo's Luxury Retail and Hospitality Sector

The Société des Bains de Mer and other hospitality groups reported strong early summer growth as rising numbers of affluent visitors and family office representatives boosted demand at luxury boutiques and fine dining establishments.

Financial Institutions Deepen Support for Monaco's Blue Economy and Marine Conservation Initiatives

Major financial groups, including Credit Foncier de Monaco Indosuez, have expanded support for Monaco-based environmental initiatives by directing investment toward marine conservation, sustainable maritime technologies, and ocean research.

International Technology Leaders Gather in Monaco to Discuss Artificial Intelligence in Luxury Industries

Executives, investors, and digital strategists meeting in Monte Carlo are examining how artificial intelligence, cybersecurity, and digital visibility can reshape luxury services and enhance bespoke experiences for high-end clients.

Private Aviation Traffic to Monaco and the French Riviera Surges Ahead of Peak Summer Season

Private jet charter demand for Nice Côte d'Azur Airport and Monaco's heliports has risen by nearly 30 percent from a year earlier as affluent travellers increasingly favour private aviation amid commercial flight disruptions and global s...

Monaco's Banking Sector Accelerates Digital Modernisation to Meet New Wealth Management Demands

Several Monaco-based financial institutions, including Banque Richelieu Monaco, have deployed advanced portfolio management and transaction systems as the Principality's private banking industry adapts to changing regulatory requirements...

Prince Albert II Sets Diplomatic Priorities Ahead of Monaco's Council of Europe Presidency

Prince Albert II has hosted senior diplomatic delegations at the Prince's Palace to prepare for Monaco's upcoming presidency of the Council of Europe, with a focus on human rights, digital governance, and environmental cooperation across...

Monaco Luxury Property Prices Extend Decade-Long Rise Despite Global Economic Volatility

Luxury real estate values in Monaco have climbed more than 44 percent over the past decade, with zero capital gains tax and chronic land scarcity continuing to support demand and shield the market from broader interest rate pressures.

Monaco Private Banks and Family Offices See Rising Inflows as Global Wealth Seeks Stability

Private banks and wealth management firms in Monaco reported stronger capital inflows and increased residency inquiries in the second quarter as ultra-high-net-worth families seek political stability, tax efficiency, and secure European ...

Exclusive Entertainment Events Reinforce Monaco Grand Prix's Luxury Appeal

Private concerts featuring the Gipsy Kings and celebrity gatherings overlooking the street circuit highlighted the extensive ecosystem of luxury entertainment, private aviation and VIP hospitality surrounding the Monaco Grand Prix.

Monte-Carlo Société des Bains de Mer Launches Premium FIFA World Cup Hospitality Experiences

The luxury hospitality operator is preparing exclusive viewing venues across its flagship properties to attract international residents and affluent sports enthusiasts during the football tournament.

Monaco Expands Monaco Boost Incubator to Support Domestic Entrepreneurs

The government-backed programme is offering subsidised office space and mentoring services to Monegasque entrepreneurs in an effort to encourage business creation despite the Principality's exceptionally high property costs.

Prince Albert II Opens Environmental Photography Exhibition on Larvotto Promenade

The exhibition, held on the redeveloped seafront and marking the twentieth anniversary of the Prince Albert II Foundation, uses environmental photography to promote biodiversity protection and climate action.

Monte-Carlo Television Festival Opens With International Premieres and Industry Awards

The 65th edition of the festival has begun with Dame Kristin Scott Thomas receiving the Crystal Nymph award as international studios and streaming executives gather in Monaco to celebrate television production and negotiate distribution ...

Monaco Parliament Approves Landmark Disability and Family Caregiver Reforms

The National Council unanimously adopted legislation formally recognising family caregivers and expanding protections for people with disabilities, marking a significant update to the Principality's social welfare framework.

Monaco and Switzerland Deepen Technology Investment Cooperation

The Monaco Economic Board and the Swiss Chamber of Commerce have launched new initiatives linking Swiss investors with startups at MonacoTech, with a focus on digital innovation and sustainable technologies.

Monaco Strengthens Blue Economy Financing Through New Environmental Partnerships

CFM Indosuez Wealth Management has partnered with environmental organisations to channel private capital into sustainable maritime initiatives and support Monaco's growing role in green finance and ocean conservation.

Global Investors Gather in Monte Carlo for Sohn Investment Conference

Hedge fund managers, family offices and institutional investors convened in Monaco to discuss macroeconomic trends, technological innovation and alternative investment opportunities.

Prince Albert II Meets Spanish Leaders to Mark 150 Years of Monaco-Spain Relations

The Prince of Monaco travelled to Madrid to commemorate a century and a half of diplomatic relations and discuss bilateral cooperation and European affairs with Spanish officials.

Kimi Antonelli Wins Chaotic Monaco Grand Prix to Extend Championship Lead

The teenage driver secured victory after a race disrupted by multiple safety cars, a red flag and the early retirement of Max Verstappen, capitalising on a dramatic afternoon in Monte Carlo.

Formula One Monaco Grand Prix Drives Record Superyacht Demand in Port Hercules

The Monaco Grand Prix generated unprecedented demand for premium berths, with newly delivered mega-yachts including the 400-foot Kismet commanding charter rates exceeding $3 million a week during the race weekend.

Banque J. Safra Sarasin Faces Legal Scrutiny Over Alleged Breach of Client Confidentiality in Monaco

The private banking sector is closely watching legal proceedings involving allegations that a senior employee improperly accessed and shared confidential information concerning an Italian businessman.

Monaco Hosts European Justice Ministers to Strengthen Anti-Money Laundering Cooperation

The Principality brought together 46 European justice ministers to coordinate efforts against money laundering and terrorist financing and to deepen judicial cooperation on cross-border financial crime.

Monaco Hospitality and Dining Revenue Exceeds €1.14 Billion on Strong Tourism Demand

State statistics show that luxury hotels and fine dining establishments increased revenue by more than 6%, reinforcing Monaco's position as one of Europe's leading destinations for high-end tourism and wealth-driven consumption.

Monaco's Luxury Property Market Shifts Toward Selective Long-Term Investment

Property analysts say buyers in the world's most expensive residential market are increasingly favouring privacy, turnkey residences and long-term value rather than the rapid purchases seen during the post-pandemic boom.

Monte-Carlo Société des Bains de Mer Reports Record Revenue Driven by American Luxury Spending

Monaco's flagship hospitality and gaming group generated more than €861 million in revenue and €112 million in net profit, benefiting from strong demand from affluent American visitors and spending linked to major sporting events.

Monaco's Population Grows as British and North American Wealth Migrants Relocate to the Principality

Official data show Monaco's population has reached 38,857 residents, with growing numbers of British, American and Swiss nationals moving to the city-state in search of fiscal neutrality and political stability.

Monaco Intensifies Financial Reforms to Exit International Monitoring Grey Lists

The Monaco Economic Board and financial authorities have outlined a series of compliance upgrades and institutional reforms aimed at removing the Principality from international financial monitoring lists and restoring confidence in its ...

Monaco Launches Invest Monaco Agency to Attract Global Entrepreneurs and Family Offices

The government of Monaco has created a unified investment promotion agency to streamline business relocation, strengthen links with private banking services and market the Principality more aggressively to international investors and ult...

Mercan’Tour Classic Business Challenge Combines Cycling and Corporate Networking on the French Riviera

Executives and luxury real estate professionals took part in a business networking event built around the Mercan’Tour cycling race, using the occasion to strengthen commercial relationships and promote the Riviera’s premium lifestyle app...

Monte-Carlo Summer Festival Prepares for Peak Season of Luxury Entertainment and Tourism

The Société des Bains de Mer is finalising plans for its flagship summer programme at the Opéra Garnier and Salle des Étoiles, an important driver of high-end tourism and hospitality activity in Monaco.

Yacht Club de Monaco Prepares to Host Global Competition for Sustainable Marine Technologies

More than 40 engineering teams are finalising preparations for the Monaco Energy Boat Challenge in July, an event focused on advancing zero-emission propulsion systems and promoting innovation in sustainable yachting.

McLaren Marks 1,000th Formula One Grand Prix With Heritage Celebration in Monaco

The British constructor commemorated its milestone race weekend in Monte Carlo with a special livery and displays of historic cars, drawing significant attention from motorsport fans and luxury automotive enthusiasts.

Monaco’s Princely Family Hosts Annual Gathering Celebrating Shared Heritage With French and Italian Communities

Prince Albert II, Princess Charlene and the royal twins welcomed delegations from affiliated municipalities during the seventh Grimaldi Historic Sites Meetings, an initiative promoting cultural ties and regional craftsmanship.

Nice Côte d’Azur Becomes First European Metropolitan Area to Receive UNESCO Tsunami Ready Recognition

The neighbouring French Riviera region has secured United Nations-backed certification for its coastal resilience and emergency preparedness measures, setting a new benchmark for tourism safety and disaster readiness in Europe.

Monte-Carlo Television Festival Opens With International Media Leaders and Entertainment Industry Executives

Prince Albert II formally opened the 65th Monte-Carlo Television Festival at the Grimaldi Forum, bringing together broadcasters, production companies and leading entertainment figures for networking and industry showcases.

Charles Leclerc Retires From Monaco Grand Prix After Brake Failure Ends Home Race Challenge

The Monegasque Ferrari driver was forced to retire while running in a podium position after suffering a mechanical problem, a setback that dominated local and international coverage of the race.

Formula One Teams Call for Regulatory Changes After Controversial Monaco Grand Prix Penalties

Several teams and senior figures in the sport criticised the handling of penalties during the Monaco race weekend and urged the Fédération Internationale de l'Automobile to review procedures to safeguard competitive fairness.