Monaco Times

Monaco's Fine Dining Scene Expands With New Michelin-Starred Concepts

International restaurant groups and Michelin-starred chefs opened new dining venues around Larvotto and Casino Square, strengthening Monaco's reputation as a leading luxury culinary destination.

Prince Albert II and Princess Charlene Mark 160 Years of Diplomatic Relations With Florence

Prince Albert II and Princess Charlene attended a ceremony at Florence's Palazzo Vecchio commemorating 160 years of diplomatic relations while supporting cultural and philanthropic cooperation with the Andrea Bocelli Foundation.

Luxury Brands Expand Around Casino Square as High-End Spending Grows

Major European luxury fashion and jewellery groups expanded their presence around Casino Square and the One Monte-Carlo development to capture rising spending by affluent international visitors.

North American Buyers Increase Luxury Property Purchases in Monaco

Real estate agencies reported rising demand from North American buyers for high-end homes in the Carré d'Or and Fontvieille districts as international investors continue diversifying wealth into Monaco property.

Demand for Superyacht Berths Surges Ahead of Monaco Yacht Show

Monaco Ports Operating Company reported exceptionally strong demand for berths at Port Hercules and nearby Riviera marinas, highlighting limited capacity before the Monaco Yacht Show season.

Société des Bains de Mer Expects Record Summer Revenue

Monte-Carlo Société des Bains de Mer forecast record summer revenue as strong forward bookings at luxury hotels, restaurants and casinos are driven by high-spending visitors from North America and the Middle East.

Monaco Deploys AI Surveillance Systems Across Key Public Areas

The Department of Public Security began introducing artificial intelligence surveillance and biometric threat-detection systems in public spaces and luxury retail districts to strengthen security across the principality.

Prince Albert II Commits €20 Million to Coral Reef Restoration Projects

The Prince Albert II of Monaco Foundation announced a €20 million funding programme for coral reef restoration and marine climate resilience projects around the world.

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

Formula One Management and the Automobile Club de Monaco have opened early discussions on extending the future of the Monaco Grand Prix while balancing the race's historic status with the commercial demands of the championship.

Monaco Advances Digital Asset Rules to Attract Institutional Investors

Financial regulators accelerated work on a dedicated framework for digital assets and blockchain businesses, aiming to position Monaco as a compliant destination for institutional fintech investment.

Mareterra Luxury District Nears Completion as Monaco Property Market Expands

Developers said the Mareterra land reclamation project has entered its final stages, adding a limited supply of ultra-premium homes to one of the world's most expensive residential property markets.

Monaco Private Banks Report Rising Family Office Inflows

Private banks and wealth managers in Monte Carlo reported sustained growth in capital inflows and new family office clients as investors sought a stable jurisdiction amid changing tax and regulatory policies across Europe.

Monaco Strengthens Corporate Transparency Rules to Meet International Standards

The Monegasque government introduced tougher corporate transparency and anti-money laundering measures in response to recommendations from the Council of Europe's Moneyval committee, reinforcing the principality's position as a compliant...

Monaco's Resident Population Reaches Record High as British and Italian Wealth Relocates

Property consultancy Savills said Monaco's resident population has climbed to nearly 39,000 people from 144 nationalities, driven by a growing influx of wealthy British and Italian residents seeking tax efficiency, political stability an...

Interpol Issues Red Notice Over Monaco Bombing That Injured Sanctioned Ukrainian Oligarch

Interpol issued a Red Notice for a 39-year-old Ukrainian national suspected of orchestrating a deliberate bombing in a Monaco residential district that seriously injured a sanctioned Ukrainian oligarch, an attack condemned by Prince Albe...

Monaco Fireworks Festival Enhances Summer Entertainment Calendar

The Monte-Carlo Société des Bains de Mer is combining the Monaco Art en Ciel pyrotechnic festival with gala events as part of a strategy to attract high-end international visitors during the summer season.

Monaco Strengthens Position in Sustainable Finance

Financial institutions in Monaco report increasing demand for environmentally focused investment portfolios as private wealth becomes more closely aligned with the principality's ocean conservation and climate initiatives.

Luxury Retailers Expand Flagship Stores Around Monte Carlo's Golden Square

Leading international fashion and jewellery brands are enlarging their presence in the Carré d'Or district to serve Monaco's growing concentration of ultra-high-net-worth residents and visitors.

Prince Albert II Foundation Expands International Ocean Conservation Programme

The Prince Albert II of Monaco Foundation has brought together environmental advocates and climate technology entrepreneurs through its Future Leaders Programme to strengthen global marine conservation initiatives.

Superyacht Demand Pushes Riviera Marina Capacity to the Limit

Luxury yacht brokers report exceptionally limited berth availability in Monaco, Saint-Tropez and Cannes as peak summer charter demand brings more superyachts to the French Riviera.

Alternative Marine Fuels Take Centre Stage at Monaco Yachting Conference

Industry executives, shipbuilders and marine engineers are meeting in Monaco to assess the commercial potential of green methanol, hydrogen fuel cells and advanced battery technologies for superyachts.

Monaco Adds Artificial Intelligence Category to Maritime Innovation Competition

The Yacht Club de Monaco has introduced a dedicated artificial intelligence class to encourage the development of autonomous navigation technologies for future leisure vessels.

Yacht Club de Monaco Hosts Record Field for Sustainable Boat Competition

The 13th Monaco Energy Boat Challenge will bring together 56 international teams developing hydrogen, solar-powered, and artificial intelligence-assisted vessels, highlighting advances in sustainable maritime technology.

Monaco Expects Strong Summer Visitor Spending on Luxury Experiences

Tourism officials forecast a highly profitable summer as cultural events and international yachting activities drive spending across luxury retail, casinos, and Michelin-starred restaurants.

Monaco Summer Festival Aims to Boost Luxury Tourism and Hospitality

The 2026 Monte-Carlo Summer Festival, featuring performers including John Legend and Jon Batiste, is expected to support strong hotel occupancy, fine dining, and luxury tourism during the peak holiday season.

US and Middle Eastern Buyers Increase Investment in Monaco Real Estate

Real estate professionals report growing demand from wealthy American and Middle Eastern families seeking property and residency in Monaco amid geopolitical uncertainty and changing tax policies abroad.

Younger Technology Entrepreneurs Reshape Monaco's Resident Profile

Wealth migration trends indicate that younger technology and cryptocurrency entrepreneurs are increasingly choosing Monaco as a base, establishing family offices and becoming part of the local business community.

Tight Rental Supply Drives Luxury Property Purchases Across Monaco

A shortage of high-quality rental homes is encouraging wealthy prospective residents to buy premium properties in central Monte Carlo and Fontvieille, supporting high real estate values.

Demand for New Luxury Homes Grows at Monaco's Mareterra Development

Recent sales in the Mareterra eco-district show strong demand for newly built, fully serviced and environmentally sustainable residences among international buyers.

Monaco Luxury Property Market Shifts Toward Rental Income as Prices Stabilise

Property analysts say investors are placing greater emphasis on rental returns of up to 3.5% as prime residential values stabilise at around €52,000 per square metre in Monaco's luxury real estate market.

Enforcement of Stricter Compliance Standards Reshapes Monaco's Wealth Management Sector

Monaco's authorities and private banks have strengthened residency and due diligence requirements in line with international transparency standards, reinforcing the principality's focus on attracting well-vetted international capital.

Monaco Private Banks Expand Digital Services for Growing Family Office Business

Private banks are investing in digital wealth management and asset tokenisation platforms as the principality attracts more family offices seeking highly tailored financial services.

Monaco Attracts More British Wealth Following UK Tax Changes

Private wealth advisers and real estate agencies report increased relocation inquiries from British entrepreneurs and financiers after reforms to the United Kingdom's non-domicile tax regime.

Monaco Remains a Leading Destination for Global Wealth Migration

The 2026 Henley Private Wealth Migration Report identifies Monaco as one of the world's most competitive jurisdictions for wealthy individuals, with rising international relocation driven by tax efficiency, political stability, and luxur...

Financial Action Task Force Says Monaco Has Completed Key Anti-Money Laundering Reforms

The Financial Action Task Force has concluded that Monaco has substantially completed its anti-money laundering action plan, clearing the way for the principality's expected removal from the international grey list and strengthening conf...

Alain Ducasse Launches Sustainable Fine Dining Concept in Monte Carlo

Chef Alain Ducasse has introduced a new haute cuisine restaurant in Monte Carlo using ingredients sourced exclusively from farms across the French Riviera, reflecting rising interest in locally produced sustainable luxury dining.

Historic Monaco Grand Prix Expands Entry Categories

The Automobile Club de Monaco has broadened eligibility for the Historic Grand Prix to include more late twentieth-century racing cars, responding to growing demand from collectors seeking to compete on the iconic street circuit.

Grimaldi Forum Opens Major Contemporary Art Exhibition

The Grimaldi Forum has launched its flagship summer exhibition featuring rare contemporary works from private collections, attracting international collectors and art market professionals to Monaco.

Family Offices Expand Permanent Operations in Monaco

The Monaco Association for Family Offices reported growing numbers of ultra-wealthy families establishing fully staffed headquarters in the principality instead of relying solely on offshore advisory structures.

AS Monaco Signs New Commercial Partnership Ahead of Ligue 1 Season

AS Monaco has secured a multi-year sponsorship agreement with an international financial company to strengthen commercial revenue, support player recruitment and expand the club's global profile.

Nice Côte d'Azur Airport Records Surge in Private Jet Traffic to Monaco

Airport authorities reported a record number of summer private aviation slot requests from North America and the Middle East, underscoring continued demand for travel to Monaco and the French Riviera.

LVMH Expands Luxury Retail Presence in Monte Carlo

LVMH has opened an expanded boutique in Monaco's Carré d'Or featuring appointment-only salons and bespoke luxury experiences aimed at resident billionaires and international high-end shoppers.

Prince Albert II Foundation Launches €50 Million Mediterranean Biodiversity Fund

The Prince Albert II of Monaco Foundation has announced a €50 million initiative supporting marine biodiversity, coastal resilience and plastic pollution reduction across the Mediterranean with backing from international donors.