Monaco Times

LaFerrari Breakdown in Casino Square Draws Global Attention to Monaco's Luxury Car Culture

A LaFerrari owned by a Saudi billionaire broke down in Casino Square, attracting widespread international attention and highlighting the visibility of Monaco's concentration of ultra-luxury vehicles during the summer season.

Pharmacies Sell Out of Eclipse Glasses Ahead of Rare Partial Solar Eclipse in Monaco

Pharmacies across Monte Carlo have sold out of protective eyewear as residents and visitors prepare to watch a rare partial solar eclipse visible over the Mediterranean.

Monaco Welcomes Ocean's Eleven Prequel Filming as Production Returns to the Riviera

Film crews have arrived in Monaco to shoot scenes for an upcoming Ocean's Eleven prequel, bringing another major international production to the Principality and supporting activity among local hospitality and logistics businesses.

AS Monaco Basketball Appeals Regulatory Dispute to French Olympic and Sports Committee

AS Monaco's basketball club has taken an ongoing regulatory dispute to the French National Olympic and Sports Committee, escalating a case involving one of Europe's prominent basketball teams.

Monaco United Secures Sponsorship Deal With Brazilian Aesthetics Company Rennova

Monaco United has announced an international sponsorship agreement with Brazilian aesthetics company Rennova, adding another global commercial partnership for a Monaco-based sports organisation.

Monaco's National Council Advances Equal Survivor Pension Rights for Widows and Widowers

Monaco's National Council is advancing legislation that would establish equal survivor pension rights for widows and widowers, continuing efforts to modernise the Principality's social protection framework.

Zuma Cannes Marks Second Anniversary as Riviera Luxury Dining Demand Remains Strong

Zuma Cannes has marked its second anniversary as demand for premium dining and waterfront hospitality remains strong across the French Riviera despite broader global economic uncertainty.

Monaco Businesses Mark a Decade of Government-Backed Green Trade Initiatives

Businesses in Monaco are marking ten years of government-backed sustainability initiatives focused on reducing single-use plastics and lowering carbon footprints across the Principality's retail and luxury hospitality sectors.

AS Monaco Beats Liverpool 3-2 at Anfield in Preseason Match

AS Monaco secured a three-two preseason victory over Liverpool at Anfield, giving the Principality's football club a high-profile result ahead of the upcoming Champions League and Ligue One seasons.

Prince Albert Offers Condolences to Colombia After Deadly Earthquake

Prince Albert II has expressed solidarity with Colombia following a magnitude seven point four earthquake that killed more than two hundred people, while Monegasque expatriates and local philanthropic groups have mobilised disaster relie...

Cybersecurity Experts Warn Riviera Luxury Hotels of Targeted Wireless Network Attacks

Cybersecurity authorities are warning wealthy travellers and business executives on the French Riviera that criminals are targeting unsecured hotel wireless networks to intercept sensitive financial information and corporate communicatio...

Monaco Prepares for 2026 La Vuelta Grand Départ Through Formula One Circuit

Monaco is finalising preparations for the 2026 La Vuelta cycling Grand Départ later this month, with the international race route set to pass through Port Hercules, Casino Square and sections of the Formula One circuit.

Monte-Carlo Société des Bains de Mer Renovates Diamond Suites at Hôtel Hermitage

Monte-Carlo Société des Bains de Mer has unveiled renovated Diamond Suites and the Gustave cocktail bar at the Hôtel Hermitage as the luxury hospitality group continues upgrading its premium offering for international high-net-worth guests.

Monaco Yacht Show Adds Designer Gallery as Demand for Bespoke Superyachts Grows

Organisers of the Monaco Yacht Show are introducing a dedicated designer gallery and new Upper Deck Lounge services as wealthy clients increasingly seek customised superyachts, highlighting the growing role of bespoke naval architecture ...

Monaco Private Banks Raise Entry Requirements for Ultra-High-Net-Worth Clients

Wealth management advisers say some private banks in Monaco are seeking initial deposits of between €1 million and €5 million from new ultra-high-net-worth clients, well above the government's €500,000 minimum deposit requirement for res...

Monaco Introduces Legislation to Tighten and Modernise Crypto Asset Regulation

The Prince's Government has introduced legislation to overhaul the legal framework for cryptocurrency and digital asset service providers, aiming to modernise regulation while maintaining strict international compliance standards and sup...

Monaco Property Prices Reach Record €57,569 Per Square Meter as Ultra-Prime Demand Surges

Official statistics show average residential property prices in Monaco have reached €57,569 per square meter in 2026, with ultra-prime developments such as Mareterra trading above €100,000 per square meter as international demand continu...

Ferrari LaFerrari Breakdown in Monaco Draws Global Luxury Media Attention

A Saudi billionaire’s Ferrari LaFerrari required a tow truck in Casino Square in Monte Carlo, attracting international automotive and luxury media attention and briefly disrupting traffic in one of Monaco’s most prominent public spaces.

Monaco’s Digital Finance Startups Attract More International Private Investment

Blockchain and artificial intelligence trading projects based in Monaco are continuing to attract multimillion-dollar private funding rounds from international investors, reflecting the Principality’s efforts to expand its financial tech...

Monte-Carlo Summer Festival Heads Toward Finale After Strong Season

The Société des Bains de Mer is preparing for the final performances of the Monte-Carlo Summer Festival at the Salle des Étoiles, bringing an event season that supported luxury hospitality activity and premium hotel occupancy across the ...

Prince Albert Highlights Monaco’s Sporting Ties With France at Tour de France Femmes Finale

Prince Albert II attended the conclusion of the Tour de France Femmes in Nice alongside regional officials including the city’s mayor, highlighting the sporting and cultural links between Monaco and the neighboring French Riviera.

AS Monaco Moves to End Paul Pogba Contract After Recurring Injury Problems

AS Monaco has notified representatives of French midfielder Paul Pogba of its intention to terminate his contract by mutual agreement before the transfer window closes, following continued physical setbacks during his time at the club.

Monaco Family Offices See Continued Inflows From Ultra-High-Net-Worth Families

Wealth managers and legal advisers in Monte Carlo continue to report new arrivals of ultra-high-net-worth families establishing single- and multi-family offices, attracted by Monaco’s political stability, regulated financial sector and l...

Monaco Prepares to Host Opening Stages of La Vuelta

Monaco is preparing to host the opening stages of the Tour of Spain from August 20 to 23, an event that will make the Principality the only sovereign state to have hosted the starting events of all three cycling Grand Tours.

Monaco Yacht Show to Host World Debut of 102-Metre Superyacht Nixie

The 102-metre custom superyacht Nixie is set to make its public debut at Port Hercules during the Monaco Yacht Show, adding one of the year’s largest new private vessels to the Principality’s showcase of the global superyacht industry.

Mareterra Resales Command Premiums as Monaco’s Prime Housing Supply Remains Limited

Following completion of Monaco’s Mareterra coastal extension, luxury real estate agencies report that a small number of off-market resale properties are attracting significant premiums as demand from ultra-high-net-worth buyers continues...

Monaco Makes Major Progress Toward Leaving FATF Grey List

Monaco has reached a preliminary agreement with the Financial Action Task Force that it has substantially completed its action plan on anti-money laundering and counter-terrorist financing, a key regulatory step for the Principality’s fi...

Monaco Completes Place d’Armes Upgrades and Opens New Commercial Tenders

The government has completed renovations at the Place d’Armes logistics and parking hub while launching tenders for new retail spaces intended to support employment opportunities for people with disabilities.

Monaco Athletics Festival Opens With World-Leading High Jump Performance

The inaugural What Gravity Tour event at Port Hercule turned Monaco’s superyacht harbor into an athletics venue, with American high jumper JuVaughn Harrison winning after recording a world-leading performance.

AS Monaco Basketball Takes Regulatory Dispute to France’s National Sports Authority

AS Monaco Basketball has escalated its financial and administrative dispute with the French basketball league to the French National Olympic and Sports Committee, seeking to protect its commercial and competitive position.

Osman Sezener Takes Exclusive Summer Culinary Residency at Robuchon Monaco

Michelin-starred Turkish chef Osman Sezener is bringing his Aegean cuisine to Robuchon Monaco for an exclusive summer residency, adding another international culinary collaboration to the Principality’s high-end dining scene.

Opera Gallery Monaco Opens Warhol and Basquiat Exhibition for Children’s Charity

Opera Gallery Monaco has launched an exhibition of nineteen-eighties American contemporary art featuring works by Andy Warhol and Jean-Michel Basquiat to raise funds for Monaco-based charity Mission Enfance.

Monaco Expands Controlled Substance Rules to Cover Emerging Psychoactive Compounds

Monaco has tightened its narcotics classification system to prohibit unregulated psychoactive mushroom derivatives and synthetic cannabis compounds as authorities expand controls on emerging substances.

AS Monaco Negotiates Contract Exit With Paul Pogba After Injury Problems

AS Monaco has begun negotiations with Paul Pogba over a mutual termination of his contract as the club seeks to resolve the financial and operational consequences of the French midfielder’s continuing injury problems before the European ...

Sir Stelios Haji-Ioannou Expands Funding for French Riviera Entrepreneurs

Monaco-based entrepreneur Sir Stelios Haji-Ioannou has provided new funding to emerging luxury and maritime business founders across the Côte d’Azur as part of his continued support for regional entrepreneurship.

Monaco Advances Survivor Pension Rights Legislation as Same-Sex Union Recognition Nears

The National Council has approved legislation strengthening pension rights for surviving partners, while government officials have indicated that the measure could pave the way for formal legal recognition of same-sex unions in Monaco.

Princess Charlene Named Vice-President of Monegasque Olympic Committee

Princess Charlene has taken a senior leadership role as vice-president of the Monegasque Olympic Committee, with a mandate focused on athletic development and equality initiatives.

Monaco to Ban Single-Use Plastic Food Containers From September

A new government directive will prohibit disposable plastic food containers across Monaco’s hospitality and retail sectors from September first, requiring food and beverage businesses to adapt their operations.

Sean Connery-Linked French Riviera Villa Listed for Eighteen Point Five Million Euros

Roc Fleuri in Nice, a historic villa associated with the late James Bond actor Sir Sean Connery, has returned to the luxury property market for eighteen point five million euros, attracting interest from international wealthy buyers.

Former French Minister Brune Poirson Joins Prince Albert the Second Foundation Board

Former French minister Brune Poirson has joined the board of the Prince Albert the Second of Monaco Foundation, bringing European political and environmental experience to its work on global ocean conservation.

Monaco Tightens Drone Restrictions Ahead of Peak Summer Events

Authorities have imposed stricter airspace restrictions on unauthorized drone flights to protect privacy and security during Monaco’s busy summer season, particularly around events involving royalty, wealthy visitors, and superyacht owners.

Monaco Strengthens Digital Security Rules for Ultra-High-Net-Worth Residents

Monaco has introduced broader digital protection guidelines aimed at safeguarding private banking information, personal data, and other digital assets belonging to wealthy international residents facing growing cyber threats.

Prince Albert the Second Hosts Council of Europe Delegation at Monaco Palace

Prince Albert the Second and Princess Charlene welcomed a senior parliamentary delegation from the Council of Europe for discussions focused on European institutional alignment, human rights standards, and cross-border cooperation.

Monaco Launches Study to Measure Economic Impact of Formula One Grand Prix

The Monegasque statistical institute has begun a detailed assessment of the Formula One Grand Prix’s financial contribution to hospitality, retail, and real estate after the latest racing cycle.

Monaco Hospitality and Gastronomy Revenue Reaches One Point One Four Billion Euros

Monaco’s accommodation and dining sector generated one point one four billion euros over the past year, according to the Monegasque Institute of Statistics and Economic Studies, representing eighty percent growth over the past decade as ...