Monaco Times

AI Is Remaking the US Economy, From GDP Growth to iPhone Prices

The race to build data centres and buy advanced chips is lifting investment, construction and stock values, while increasing debt, import demand and pressure on technology supply chains.

Prince Albert II and Princess Charlene Express Support for European Wildfire Response

Prince Albert II and Princess Charlene sent official messages of solidarity to European countries battling severe summer wildfires, reaffirming Monaco's support for regional cooperation on climate-related emergencies.

Monaco Showcases Mareterra Eco-District Through New Cultural Tours

The Monaco Heritage Institute has introduced guided tours linking historic Monte Carlo with the recently completed two billion euro Mareterra eco-district, highlighting the principality's expansion through sustainable land reclamation.

Monaco Prepares Luxury Hospitality Sector for Vuelta a España Grand Départ

Monte-Carlo Société des Bains de Mer is finalising premium hospitality and guest experiences ahead of Monaco hosting the start of the Vuelta a España in late August, with the event expected to support high-end tourism during the summer s...

Prince Albert II Foundation Funds Conservation Project in Greater Yellowstone

The Prince Albert II of Monaco Foundation awarded a one hundred thousand United States dollar grant to support researchers using digital mapping technology to tackle invasive species and reduce wildfire risks across the Greater Yellowsto...

Monaco Yacht Show to Feature Record Number of New Superyachts

Organisers of the thirty-fifth Monaco Yacht Show said this September's exhibition at Port Hercules will showcase one hundred and twenty superyachts, including forty-three new deliveries and the global debut of the fifty-metre Benetti Oasis.

Monaco Luxury Property Market Shifts Toward Long-Term Quality Investments

Mid-year assessments by international property consultancies found that Monaco continues to command Europe's highest residential property prices, while wealthy buyers are placing greater emphasis on premium construction quality and long-...

Monaco Steps Up Anti-Money Laundering Reforms Ahead of FATF Review

The Monegasque Financial Security Authority and the national justice system are strengthening compliance measures and administrative sanctions in high-risk sectors as Monaco seeks removal from the Financial Action Task Force grey list at...

Monaco Remains a Leading Destination as Global Millionaire Migration Reaches Record Levels

The Henley Private Wealth Migration Report said Monaco continues to rank among the world's most attractive destinations for ultra-high-net-worth individuals as an estimated one hundred and sixty-five thousand millionaires relocate global...

Off-Market Property Deals Gain Momentum in Monaco's Luxury Real Estate Sector

Property advisers report growing demand for confidential off-market transactions as high-net-worth buyers increasingly prioritize privacy, strengthening the role of Monaco's private banking and bespoke wealth management networks in facil...

Mareterra Development Continues to Transform Monaco's Waterfront Property Market

The multi-billion-euro Mareterra land extension project is continuing to reshape Monaco's ultra-luxury real estate sector by adding sustainable waterfront developments that are attracting new international investors and family offices.

Monte-Carlo Summer Festival Boosts Luxury Tourism During Peak Season

The Monte-Carlo Summer Festival continues through mid-August with performances at the Salle des Étoiles and the Opéra Garnier, attracting international visitors and supporting strong demand across Monaco's luxury hospitality, entertainme...

Monaco's Property Market Holds Record Values as Global Demand Outpaces Limited Supply

Monaco's residential real estate market continues to maintain record valuations, with strong international demand for high-end family apartments in districts including Larvotto and Fontvieille supported by the principality's limited land...

Prince Albert II Foundation Expands Global Conservation Efforts With Yellowstone Grant

The Prince Albert II of Monaco Foundation awarded a 100,000 U.S. dollar Camp Monaco Prize to support research into invasive ecological threats in the Greater Yellowstone ecosystem, extending the principality's international conservation ...

FIFA’s Retreat Leaves a Larger Question Over Who Guards the Game

Gianni Infantino has abandoned a private-investment plan for football’s most valuable commercial rights, but the revolt it provoked has widened into a dispute over FIFA’s power, process and future leadership.

Monte-Carlo Country Club Launches Youth Tennis and Community Programmes

The Monte-Carlo Country Club has partnered with international sports organisations to expand youth tennis development and philanthropic initiatives across the French Riviera with support from private banking and luxury watch sponsors.

Luxury Car Brands Open Exclusive Client Lounges in Monte Carlo

International luxury automobile manufacturers have established private customer experience centres near Place du Casino, offering bespoke design services for affluent residents and visitors while reinforcing Monte Carlo's status as a glo...

Monaco Expands Seawater Heat Pump Network to Cut Emissions

The government is extending its seawater-based heating and cooling system across Fontvieille and La Condamine as part of its strategy to reduce greenhouse gas emissions by 55 percent from 1990 levels.

Monte-Carlo Culinary Arts Week Showcases Sustainable Fine Dining

Leading Michelin-starred chefs gathered in Monte Carlo to promote sustainable seafood, low-waste cuisine and partnerships with organic producers, reinforcing Monaco's growing profile in environmentally conscious luxury hospitality.

Monaco Tightens Residency Verification Requirements

The government has introduced stricter residency checks covering physical presence, housing arrangements and financial integration to ensure new residents make a genuine contribution to the local economy.

Riviera Superyacht Refit Industry Reaches Full Capacity

Shipyards serving Monaco and the French Riviera report full order books through next year as yacht owners invest in cleaner propulsion, wastewater treatment and other upgrades to comply with tighter Mediterranean environmental standards.

Grimaldi Forum Monaco Secures International Partnership for Major Art Exhibition

The Grimaldi Forum Monaco has partnered with leading museums in Europe and the United States to present a major summer exhibition featuring rare private collections, strengthening Monaco's position in the international art market.

Monaco Strengthens Public Safety and Maritime Security Systems

The government has approved additional funding for advanced port security, cyber defence and public surveillance infrastructure, supporting Monaco's reputation as a secure destination for residents, visitors and international businesses.

French Riviera Luxury Tourism Delivers Record Visitor Spending

Tourism organisations across the Côte d'Azur reported record spending at luxury hotels, beach clubs and superyacht charters during the peak summer season, benefiting Monaco and neighbouring destinations including Cannes, Saint-Tropez and...

Monaco Introduces Legal Framework for Digital Assets and Tokenized Investments

Government officials and financial industry leaders have unveiled new rules covering digital assets, tokenized investment funds and wealth management technology, seeking to attract fintech businesses while maintaining strict regulatory o...

Monaco Expands Investment in Clean Technology and Luxury Logistics

Monaco's public investment authority has increased allocations to clean energy transition funds and luxury maritime logistics companies, aiming to preserve long-term capital while supporting the Principality's environmental objectives.

Monte-Carlo Société des Bains de Mer Reports Record Revenue

The Monte-Carlo Société des Bains de Mer posted record quarterly revenue as strong visitor spending lifted performance at the Casino de Monte-Carlo, Hôtel de Paris and its Michelin-starred restaurants, supported by growing arrivals from ...

Nice Côte d'Azur Airport Sees Record Private Aviation Demand

Nice Côte d'Azur Airport and the Monaco Heliport reported unprecedented private jet traffic serving the French Riviera while expanding infrastructure for future electric vertical take-off and landing services linking Nice, Monaco and Sai...

Monaco Expands Economic Dialogue With France and European Union Partners

Monaco's foreign affairs officials and financial regulators are holding high-level talks with French and European Union counterparts to strengthen cross-border trade, labour mobility and financial cooperation that underpin the Principali...

Prince Albert II Foundation Launches Fifty Million Euro Mediterranean Marine Conservation Initiative

The Prince Albert II of Monaco Foundation has committed 50 million euros to support marine protected areas and coastal habitat restoration projects across the Mediterranean, reinforcing Monaco's long-standing role in ocean conservation.

Monaco Yacht Show Draws Record Superyacht Fleet With Focus on Cleaner Propulsion

Organisers of the Monaco Yacht Show and Port Hercules authorities said registrations have reached record levels, with a 50 percent increase in yachts equipped with hybrid or alternative propulsion systems, highlighting the industry's shi...

Formula One and Monaco Grand Prix Agree on Major Hospitality Expansion

Formula One Group and the Automobile Club de Monaco have approved a multi-year programme to expand paddock facilities, VIP hospitality areas and floating spectator platforms, supporting the Monaco Grand Prix's position as one of the spor...

Private Banking Assets Grow as Wealthy Families Relocate to Monaco

Banks and wealth managers in Monte Carlo reported strong capital inflows as ultra-high-net-worth families shifted operations from the United Kingdom and Switzerland in search of fiscal stability and clearer residency frameworks.

Monaco Luxury Property Prices Reach New Highs in Mareterra and Larvotto

Prime residential prices in Monaco's Mareterra district and Larvotto waterfront have exceeded 100,000 euros per square metre for leading penthouses as demand from European, American and Middle Eastern family offices continues to outpace ...

Prince Albert II Advances Anti-Money Laundering Reforms to Strengthen Monaco's Financial Sector

Monaco's government has introduced tougher financial transparency and anti-money laundering measures to align with updated European and international standards, reinforcing the Principality's position as a global wealth management centre.

Prince Albert II Foundation Awards Climate Research Grant for Yellowstone Ecosystem

The Prince Albert II of Monaco Foundation awarded a 100,000 US dollar Camp Monaco Prize to support research into the spread of invasive cheatgrass in the Greater Yellowstone ecosystem, extending the Principality's international environme...

Monaco Completes Preparations for the 2026 Vuelta a España Grand Départ

Monaco finalized logistics for the opening stage of the 2026 Vuelta a España, with an individual time trial route passing through landmarks including Place du Casino, Port Hercules and Stade Louis II to attract international visitors and...

Monaco Yacht Show to Feature More Than 100 Superyachts and 43 World Premieres

Organisers confirmed that the September 2026 Monaco Yacht Show will showcase about 120 superyachts, including 43 world premieres, reinforcing the Principality's position as a leading global marketplace for the luxury yachting industry.

Monaco Reports Record Private-Sector Employment Despite Decline in Economic Revenue

The Monaco Institute of Statistics and Economic Studies recorded a first-quarter high of 63,000 private-sector jobs, led by growth in hospitality and cultural activities, although overall economic revenue declined by 20 percent following...

Monaco Property Market Holds Firm at the World's Highest Residential Prices

New market data showed Monaco's average residential property price remained around 57,500 euros per square metre, while prime districts including Larvotto and Carré d'Or continued to command prices above 100,000 euros per square metre am...

Monaco Moves to Adopt OECD Global Minimum Tax Rules for Multinational Companies

Monaco's National Council introduced draft legislation to implement a Qualified Domestic Minimum Top-up Tax in line with the OECD's Pillar Two framework, marking a significant regulatory change for multinational businesses and family off...

Ukrainian Billionaire Rinat Akhmetov Sets Record With Landmark Monaco Penthouse Purchase

Ukrainian businessman Rinat Akhmetov reportedly acquired a penthouse in the Le Renzo building within Monaco's Mareterra development for an estimated 471 million euros, setting a new benchmark for residential property prices and underscor...

Monte Carlo Luxury Retailers Launch Exclusive Summer Collections

Leading fashion houses, watchmakers and art galleries in Monte Carlo have introduced exclusive seasonal collections and private exhibitions, targeting the influx of affluent visitors during the Mediterranean summer.

Luxury Yacht Market Sees Rising Demand for Hybrid Vessels

Monaco-based yacht charter brokers say demand is increasing for hybrid-powered superyachts and long-range expedition vessels as wealthy clients place greater emphasis on sustainable luxury travel.

French Riviera Infrastructure Projects Improve Transport Links to Monaco

Regional authorities are advancing road and rail upgrades between Nice, Menton and Monaco to ease congestion and improve commuter and freight connections across the French Riviera.