Monaco Times

Germany’s Economic Malaise Reopens the Sunday Shopping Debate

Political and business leaders are pressing for looser retail restrictions, challenging a constitutionally protected day of rest defended by churches, trade unions and many workers.

Singapore Considers Lower Taxes for Fund Managers as Hong Kong Intensifies Talent Contest

The city-state is examining tax and operating-cost relief for investment firms after Hong Kong proposed broader exemptions on carried interest and performance fees.

Monaco Hosts E1 Electric Powerboat Championship to Showcase Sustainable Marine Technology

The E1 Series electric powerboat championship was held in Port Hercules, highlighting Monaco's efforts to combine elite sporting events with innovation in zero-emission maritime technology and ocean conservation.

Monte Carlo Casino Records Strong Growth in High-End Table Gaming

Monte Carlo Casino reported a 30 percent increase in table gaming revenue, contributing to Monte-Carlo Société des Bains de Mer's record financial results and reflecting continued demand from affluent international visitors.

Monte-Carlo Société des Bains de Mer Plans Major Redevelopment of Thermes Marins and Casino Terraces

The company confirmed preparations for a comprehensive modernization of the Thermes Marins wellness complex and the Casino terraces, representing one of Monaco's largest upcoming luxury infrastructure projects.

Prince Albert II and Princess Charlene Host Monaco Red Cross Gala

Prince Albert II and Princess Charlene presided over the 77th Monaco Red Cross Gala, one of the Riviera's leading charitable events, combining international fundraising with Monaco's diplomatic and cultural outreach.

Monaco Advances Digital Finance Strategy for Private Banking and Family Offices

Financial technology specialists said Monaco is focusing its digital finance strategy on secure data infrastructure, digital identity, and regulatory compliance tailored to private banks, family offices, and ultra-high-net-worth clients ...

Mareterra Development Adds New Premium Homes to Monaco's Limited Property Market

The Mareterra land reclamation project continues to introduce sustainable waterfront residences to Monaco, providing new high-end housing in one of the world's most land-constrained real estate markets.

Ukraine Releases Video of Parcel Bomb Attack at Monaco Residence

Ukraine's Prosecutor General published security footage of a June parcel bomb explosion at a luxury apartment building in Monaco that injured businessman Vadym Yermolaiev and members of his family, highlighting a rare security incident i...

Monaco Luxury Property Market Holds Firm as Larvotto Prices Reach Record Levels

Property analysts said Monaco's real estate market has shifted from pandemic-era buying activity to more selective investment, while values remain among the world's highest, with the Larvotto waterfront district averaging more than 71,00...

Monte-Carlo Société des Bains de Mer Expands With New Luxury Hotel in Courchevel

Monte-Carlo Société des Bains de Mer confirmed progress on a flagship luxury hotel in the French Alps resort of Courchevel, with the property scheduled to open by Christmas 2027 as part of the group's international expansion strategy.

Monaco Tourism Generates Nearly 1.4 Billion Euros in Direct Visitor Spending

Government figures showed Monaco welcomed more than 6.7 million visits over the past year, generating almost 1.4 billion euros in direct tourism spending and reinforcing the central role of hospitality in the Principality's economy.

Prince Albert II Marks Completion of First Phase of New Princess Grace Hospital

Prince Albert II formally accepted the first completed section of the new Princess Grace Hospital, a major healthcare project that will provide Monaco with environmentally certified medical facilities equipped with advanced energy recove...

Monte-Carlo Société des Bains de Mer Posts Record Revenue After Strong Formula One and Tourism Demand

Monte-Carlo Société des Bains de Mer reported record annual revenue of 861 million euros for the financial year ending March 31, driven by a 20 percent increase in gaming revenue and an 11 percent rise in hotel performance supported by m...

Prince Albert II Foundation Launches Blue Economy Investment Fund

The Prince Albert II of Monaco Foundation partnered with international investors to establish a new fund supporting ocean conservation, sustainable maritime technologies and marine biodiversity projects, expanding Monaco's role in global...

Monaco Modernises Crypto Rules to Attract Institutional Digital Asset Investors

The Monegasque government updated its regulatory framework for digital assets, creating a compliant environment for institutional cryptocurrency funds and financial technology firms while maintaining international anti-money-laundering s...

Mareterra Waterfront Development Nears Completion With New Luxury Homes

The multi-billion-euro Mareterra land reclamation project entered its final residential handover phase, adding eco-certified villas and apartments that are reshaping Monaco's ultra-prime property market.

Société des Bains de Mer Posts Record Results on Luxury Tourism and VIP Gaming Demand

Société des Bains de Mer reported record annual profits, driven by investments in luxury hotels, high-end gaming and premium dining that continued to attract affluent international visitors to Monte Carlo.

Monaco Financial Sector Maintains Strong Capital Inflows Despite Tougher Compliance Rules

Wealth managers and regulators said international capital continues to flow into Monaco even after the principality was placed on the Financial Action Task Force grey list, with investors adapting to stricter transparency and compliance ...

Monaco Property Prices Reach New Highs as Luxury Real Estate Sales Exceed Five Billion Euros

Monaco strengthened its position as the world's most expensive residential property market, with average prices surpassing 57,000 euros per square metre and the Larvotto district exceeding 71,000 euros amid persistent supply constraints.

European Tax Changes Drive Surge in Wealth Migration to Monaco

Private banks and family offices in Monaco reported rising residency applications from British and Dutch billionaires as changes to the United Kingdom's non-domicile regime and tighter wealth taxation across Northern Europe encourage mor...

The Ten World Cup Finals That Defined Football History

From Pelé’s emergence in Sweden and Uruguay’s shock at the Maracanã to Zidane’s final act and Messi’s triumph in Qatar, these matches set the standard awaiting Argentina and Spain in the 2026 final.

Smartphones Are Getting More Expensive, Sales Are Collapsing, and Even Apple Admits: "Prices Will Rise"

Surging memory prices, soaring demand for artificial intelligence hardware and supply chain disruptions are driving smartphone prices higher while analysts forecast the steepest annual market contraction on record.

The Monaco Bombing Has Become a Test of Ukraine’s Intelligence Accountability

The Monaco Bombing Has Become a Test of Ukraine’s Intelligence Accountability

A failed assassination, the execution-style killing of the alleged bomber and the arrest of a military intelligence officer have turned a criminal investigation into a politically explosive inquiry over who authorized the operation.

Leadership Change and Strategic Rivalry Redraw the Political Map

Britain’s political transition, renewed pressure between Washington and Tehran, domestic unrest in the United States, closer Russia-China alignment and a new India-United Kingdom trade framework defined a week of widening geopolitical re...

The AI Race Enters Its Infrastructure Era

The AI Race Enters Its Infrastructure Era

The past week showed the artificial intelligence competition expanding far beyond better models, as battles over chips, operating systems, consumer hardware and national markets increasingly determine who will shape the next generation o...

Princess Caroline Opens New Cultural and Philosophy Center

Princess Caroline inaugurated expanded cultural and philosophy facilities designed to promote public discussion, literature, and intellectual engagement within Monaco and the wider Riviera region.

Monaco Family Offices Increase Direct Private Equity Investments

A new industry report found that Monaco-based family offices are increasingly building internal investment teams to make direct investments in luxury, technology, and commercial real estate assets.

Port Hercules Expands Shore Power for Hybrid Superyachts

Monaco has completed a major electrical infrastructure upgrade at Port Hercules, allowing visiting hybrid superyachts to connect to shore power and reduce emissions while in port.

Hospitality Investors Expand Monaco's Fine Dining Sector

International investors are funding renovations of prominent Riviera restaurants while recruiting renowned chefs to strengthen Monaco's position as a leading luxury dining destination.

Monaco Approves Major Redevelopment of Fontvieille District

The National Council has approved the final master plan for the redevelopment of Fontvieille, paving the way for new residential buildings, commercial facilities, public green spaces, and sustainable urban infrastructure.

Monaco Red Cross Gala Secures Record Corporate Sponsorship

Organizers said the annual Monaco Red Cross Gala has attracted unprecedented backing from luxury and financial companies, strengthening fundraising for humanitarian and social programs.

French Riviera Property Market Benefits From Demand Linked to Monaco

Property transactions are increasing in Cap d'Ail and Saint-Jean-Cap-Ferrat as Monaco residents purchase larger homes in neighboring French communities while maintaining close access to the principality.

Luxury Brands Expand Flagship Presence at One Monte-Carlo

Leading luxury fashion and jewelry companies are opening new boutiques and private client salons at One Monte-Carlo to meet growing demand from high-net-worth residents and international visitors.

Formula One and Monaco Advance Talks on Long-Term Grand Prix Future

Liberty Media and the Automobile Club de Monaco are continuing negotiations aimed at securing the Monaco Grand Prix's place on the Formula One calendar through the next decade while enhancing commercial and hospitality facilities.

Monaco Concludes Council of Europe Presidency

Monaco completed its presidency of the Council of Europe after promoting initiatives linking human rights protections with environmental and climate policy.

Princess Charlene Launches Mediterranean Water Bike Challenge for Marine Conservation

Princess Charlene announced she will undertake a two hundred and twenty-five kilometer water bike challenge across the Pelagos Sanctuary to raise funding and awareness for marine biodiversity protection.

Monaco Strengthens Digital Asset Regulations for Institutional Investors

Financial regulators introduced updated rules for cryptocurrency custody and digital assets to improve regulatory transparency and align Monaco's financial sector with European anti-money laundering standards.

Nice Côte d'Azur Airport Introduces Sustainable Aviation Fuel Requirement for Private Jets

Airport authorities have implemented mandatory sustainable aviation fuel blending requirements for private charter flights serving the French Riviera, aiming to reduce emissions while supporting continued business aviation activity.

Art Monte-Carlo Marks Tenth Anniversary With Record Private Sales

The contemporary art fair concluded its tenth edition at the Grimaldi Forum with strong participation from international galleries and collectors, reinforcing Monaco's position as a leading European art market.