Monaco Times

Palermo-Montecarlo Offshore Yacht Race Draws 39 Teams Across the Mediterranean

Thirty-nine sailing teams have departed Sicily for the Yacht Club de Monaco in the 21st Palermo-Montecarlo offshore race, with the 100-foot Black Jack 100 defending its course record on the Mediterranean route.

Monaco Showcases Mareterra Waterfront District in Final Summer Cultural Tours

Monaco’s Heritage Institute has concluded its summer tours of Mareterra, the new waterfront district created through six hectares of land reclamation in the Mediterranean and developed for luxury residential and commercial use.

AS Monaco and Paul Pogba Agree to End Contract Ahead of New European Season

AS Monaco and French midfielder Paul Pogba have mutually agreed to terminate his contract, which had been due to run until June 2027, allowing the club to reshape its squad ahead of the UEFA Conference League playoffs.

Monaco Hosts First-Ever La Vuelta a España Grand Départ as Summer Tourism Gets Major Boost

The 2026 La Vuelta a España begins in Monaco on August 20 for the first time, bringing an international sporting event to the Principality and supporting late-summer demand across Monte Carlo and the French Riviera.

Monaco Private Banks Raise Entry Requirements as Demand From International Wealthy Clients Grows

Private banks in Monaco are increasingly seeking initial deposits of more than €1 million from new clients as international families pursue residency and wealth-management options in the Principality amid geopolitical and tax uncertainty...

Monaco Property Prices Remain the World’s Highest as Average Resales Near €60,000 Per Square Meter

Monaco’s average resale property price reached €57,569 per square meter, according to the Monaco Real Estate Observatory, keeping the Principality at the top of the global market amid severe land scarcity and sustained demand from wealth...

Saint-Paul de Vence Festival Marks Fifteenth Anniversary With Cultural Programme

The Festival de Saint-Paul de Vence has celebrated its fifteenth anniversary with a programme of cultural performances that continues to attract Monaco residents and other affluent audiences from across the Côte d’Azur.

Zimmermann Stages Luxury Fashion Event Near Monaco at Cap d’Antibes

Australian fashion house Zimmermann held an exclusive event at Cap d’Antibes, using the wider French Riviera market to reach Monaco-based wealthy clients and summer visitors.

Le Fernet Monte-Carlo Opens as Monaco Adds New Luxury Dining Venue

Le Fernet Monte-Carlo has opened as a new luxury brasserie serving Monaco’s international residents and affluent Riviera visitors, adding another premium dining option to the principality’s hospitality market.

Navis Marine Marks Yacht Brokerage Expansion With Monaco Client Event

International yacht brokerage Navis Marine held a client event in Monaco to mark its expansion, underscoring the principality’s continuing role in high-value and off-market superyacht transactions.

Rothschild and Company Expands Family Office Advisory Services in Monaco

Rothschild and Company is expanding bespoke advisory services for entrepreneurs and multi-generational family offices in Monaco, responding to continued demand from ultra-high-net-worth clients establishing financial and wealth managemen...

Monaco Opens Dedicated Themed Area at Germany’s Europa-Park

Prince Albert and Princess Charlene have inaugurated a Monaco-themed area at Germany’s Europa-Park, promoting the principality’s heritage, tourism appeal and motorsport history to a wider European leisure audience.

Prince Albert Backs 225-Kilometre Water Bike Challenge for Pelagos Sanctuary

Prince Albert the Second has endorsed a 225-kilometre water bike challenge led by Princess Charlene to raise awareness and conservation funding for the Pelagos Sanctuary, a protected marine area in the Mediterranean.

Stelios Foundation Commits Ten Million Euros to Healthcare Facilities Across Greek Islands

A Monaco-based philanthropic foundation established by Sir Stelios Haji-Ioannou has pledged ten million euros to support healthcare infrastructure on remote Greek islands, extending the reach of Monaco-based family philanthropy beyond th...

Monaco Intensifies Night-Time Traffic Checks Ahead of August Tourism Peak

Monaco police have stepped up overnight road checks targeting excessive supercar noise and traffic violations as the principality prepares for heavy congestion during the August Riviera holiday period.

Informa Prestige to Launch Superyacht Refit Summit in Monaco Next Spring

Global events company Informa Prestige is creating a new Monaco summit focused on superyacht refitting, with the event aimed at growing demand for sustainable upgrades and technical work across the aging international fleet.

Thirty-Nine Yachts Set Sail in Palermo-Monte Carlo Offshore Regatta

Thirty-nine international sailing vessels have departed from the Gulf of Mondello for the twenty-first Palermo-Montecarlo regatta, continuing the long-standing maritime links between Sicily’s yachting community and Monaco’s Port Hercules.

CFM Indosuez Extends Support for Monaco’s Blue Economy and Ocean Sustainability Initiatives

CFM Indosuez has renewed financial support for Monaco’s blue economy summits, aligning the private bank with Prince Albert the Second’s environmental agenda as interest in ocean sustainability and related investment products grows.

Monaco Yacht Show Creates New Designer Gallery for Superyacht Buyers

The Monaco Yacht Show will introduce a dedicated Designer Gallery connecting wealthy buyers with leading naval architects and superyacht designers, adding a new procurement and innovation hub to the September event.

Monaco Tightens Fire Safety Rules at Nightclubs and Luxury Hospitality Venues

The Monaco government has banned open flames, indoor fireworks and theatrical bottle sparklers at nightclubs and luxury hospitality venues as authorities seek to reduce fire risks in the densely populated Monte Carlo entertainment district.

Monaco Extends Formula E-Prix Contract Through 2031

Formula E and the Fédération Internationale de l’Automobile have confirmed that the Monaco E-Prix will remain on the electric racing calendar through at least 2031, reinforcing Monaco’s role in both international motorsport and sustainab...

Monaco Construction Sector Suffers Sharp Revenue and Workforce Decline as Urban Development Slows

Monaco’s construction industry is reporting a significant contraction in revenue and employment, pointing to growing pressure on a sector central to the principality’s economy as authorities balance luxury development with environmental ...

Monaco Red Cross Prepares Annual Charity Gala and Community Grant Programs

The Monaco Red Cross is finalizing preparations for its annual humanitarian initiatives and community support programs, funded in part through traditional high-society fundraising events.

Monaco Environmental Authorities Expand Smart Irrigation and Water Recycling in Public Parks

Municipal landscaping teams are using automated sensors and recycled water systems to maintain public gardens as Monaco applies tighter water-conservation measures during the Mediterranean summer.

Monaco Expands Preventive Medicine and Wellness Services for Wealthy Residents

Longevity and wellness clinics in Monaco and the nearby French Riviera are reporting growing client numbers for preventive medicine, regenerative therapies and personalized health programs.

Monte-Carlo Summer Festival Draws International Audiences to Sold-Out Performances

The annual summer festival at Sporting Monte-Carlo has concluded a series of sold-out performances by internationally known artists at the Salle des Etoiles.

Monaco Expands Secure Cloud and Blockchain Systems for Government Services

Extended Monaco has upgraded cryptographic security protocols for public administrative portals, strengthening digital infrastructure and data-protection measures for residents and businesses.

Luxury Retailers in Monte Carlo Report Strong Spending by International Visitors

High-end boutiques around the Casino squares and Promenade des Princes are recording strong transaction volumes as affluent international visitors seek exclusive collections and bespoke luxury services.

Monaco Strengthens Cross-Border Financial Controls Against Economic Crime

Monegasque financial intelligence agencies are working with European regulatory bodies to improve information sharing, compliance monitoring and anti-money-laundering controls across the private wealth sector.

Monaco Economic Board Expands International Trade Missions and Investment Outreach

The Monaco Economic Board has organized delegations of local entrepreneurs and financial executives to pursue cross-border partnerships, technology investment and sustainable business opportunities in European markets.

Monaco’s Construction Sector Adjusts After Major Infrastructure and Property Delivery Cycle

The Monegasque Institute of Statistics and Economic Studies reports a recalibration in construction-sector revenues following years of intensive offshore development and the completion of major real estate projects.

Nice-Monaco Helicopter Services Record Peak Summer Passenger Volumes

Commercial helicopter operators linking Nice Côte d’Azur International Airport with Monaco Heliport are reporting record seasonal passenger numbers, serving international business executives and private travellers.

Prince Albert II Foundation Expands Support for Polar and Mediterranean Conservation

The Prince Albert II of Monaco Foundation has announced new grants for oceanographic expeditions, marine biodiversity protection and climate resilience projects in polar and Mediterranean regions.

Monaco Yacht Show Reports Strong International Demand Ahead of September Exhibition

Organizers of the Monaco Yacht Show say international shipbuilders are showing strong participation and berth demand ahead of the September event at Port Hercule, one of the world’s leading superyacht exhibitions.

Monaco Police Expand Nighttime Patrols and Deploy Three-Dimensional Security Technology

Monaco’s police have introduced new spatial technology and increased targeted nighttime patrols in Monte Carlo and Larvotto as the Principality manages security and traffic during the peak summer visitor period.

Société des Bains de Mer Reports Strong Summer Performance Across Monaco Resorts

Société des Bains de Mer de Monaco is benefiting from strong tourist spending across its luxury hotels, restaurants and gaming properties as international visitors drive seasonal demand.

Monaco Ports Reach Peak Summer Capacity as Superyacht Traffic Surges

Port Hercule and the Port of Fontvieille are operating at maximum occupancy during the Mediterranean summer season, with international superyachts and megayachts filling available berths along the Côte d’Azur.

Monaco Luxury Property Values Remain Near Record Levels Amid Limited Supply

Prime residential areas including the Carré d’Or and the newly developed Mareterra district continue to command exceptionally high valuations, supported by strong international demand and the Principality’s limited property supply.

Monaco Private Banking and Family Offices See Rising Demand From Global Wealth

Financial institutions and wealth advisers in Monte Carlo are reporting increased demand for residency and asset-structuring services from international high-net-worth individuals seeking political stability and tax efficiency.

Monaco Tightens Fire-Safety Rules Across Restaurants, Bars and Nightlife Venues

The Monaco government has banned naked flames in public areas of restaurants, bars, gaming establishments and clubs as the Principality strengthens safety standards in densely occupied hospitality venues.

Christophe Lemoine Appointed France’s Ambassador to Monaco

Christophe Lemoine has been formally appointed France’s ambassador to Monaco, with the role covering bilateral relations, security cooperation and regulatory coordination between the two countries.

Monaco Finalizes Road Closures and Infrastructure for Historic La Vuelta Grand Départ

Monaco authorities have completed traffic restrictions and event installations along Boulevard Albert Ier and around Place du Casino ahead of La Vuelta’s first stages, marking the first time the Principality hosts the cycling tour’s Gran...

Monaco Wealth Sector Sees Growing Interest in Tokenising Real Estate and Private Equity

Financial conferences in Monte Carlo highlighted increasing institutional interest in tokenised luxury property and structured investment products as wealth managers seek greater liquidity and faster execution for complex international p...

Monaco Studio Apartment Asking Prices Approach €900,000 Amid Limited Housing Supply

Even small traditional studio apartments in Monaco are approaching €890,000 in asking prices, underscoring the severe shortage of residential property available to international buyers.