Monaco Times

Spain Seeks Mainland Transfers for 1,100 Children Stranded in Ceuta

The unaccompanied minors remain in the Spanish enclave after a deadly mass crossing from Morocco, overwhelming a child-protection system built for only 29 places.

Damen Yachting Introduces Augmented Reality Design Experience at Monaco Yacht Show

Dutch yacht builder Damen Yachting will debut augmented reality technology at the Monaco Yacht Show, allowing prospective buyers to customize Amels Limited Editions yachts through immersive digital experiences.

Fraser Yachts Expands Monaco Grand Prix Hospitality Offerings

Fraser Yachts is increasing its luxury hospitality packages following strong demand during this year's Monaco Grand Prix, offering superyacht viewing, Michelin-starred dining and exclusive private events for future races.

Sotheby's Highlights Monaco's Strength in Global Luxury Property Market

Sotheby's International Realty said Monaco's limited land supply, fiscal neutrality and institutional stability continue to support its ultra-prime residential market despite broader volatility in European luxury real estate.

Mediterranean Superyacht Charter Rates Exceed 2.4 Million Euros per Week

Leading yacht brokerages said demand for ultra-luxury charter vessels has remained exceptionally strong during the Riviera summer season, with the largest superyachts commanding weekly rates above 2.4 million euros.

Monte-Carlo Société des Bains de Mer Reports Strong Summer Hospitality Demand

Monte-Carlo Société des Bains de Mer said premium dining experiences, the Monte-Carlo Summer Festival and new attractions in the Mareterra district are driving robust seasonal visitor spending.

Monaco Family Offices Report Rising Demand for Cross-Border Wealth Planning

Independent family offices in Monaco said they are seeing increased interest from ultra-high-net-worth families seeking relocation advice, political neutrality and cross-border wealth management services.

Prince Albert II Calls for Stronger Climate Action After European Wildfires

Prince Albert II and Princess Charlène expressed solidarity with communities affected by wildfires in France, Spain and the United Kingdom, urging stronger international action on climate change.

Monaco Yacht Show Launches Blue Wake Sustainability Initiative

Organizers of the Monaco Yacht Show will introduce the Blue Wake hub to showcase environmentally focused propulsion systems, sustainable refit materials and emissions-reduction technologies for the global superyacht industry.

Monaco Prepares to Host Historic Start of La Vuelta a España

Monaco will become the first country to host the opening stages of all three Grand Tour cycling races when La Vuelta a España begins on August 20, an event expected to boost tourism, hospitality and global television audiences.

Monaco Ranks Among Top 20 Jurisdictions for Cryptocurrency Adoption

The Henley Crypto Adoption Index placed Monaco nineteenth worldwide, reflecting growing digital asset adoption as wealth managers and cryptocurrency firms expand services for high-net-worth clients in the principality.

Mareterra Eco-District Reaches 80 Percent Occupancy Following Landmark Expansion

Nearly a year after its inauguration by Prince Albert II, Monaco's six-hectare Mareterra development has filled most of its luxury residences while exceeding expectations in the transplantation of protected posidonia seagrass as part of ...

Monaco Property Prices Remain Resilient as Buyers Prioritize Stability and Privacy

Real estate consultancies said average residential prices in Monaco have reached 59,700 euros per square metre, with international buyers increasingly focused on long-term security, privacy and move-in-ready properties rather than rapid ...

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

The Financial Action Task Force said Monaco has substantially completed its anti-money laundering action plan, citing stronger suspicious transaction reporting and increased administrative penalties that reinforce confidence in the princ...

Prince Albert II Foundation Expands Global Marine Conservation Funding

The Prince Albert II of Monaco Foundation is increasing financial support for international marine conservation projects after successful fundraising events, directing new resources toward Mediterranean biodiversity protection and zero-e...

Monte Carlo Summer Festival Sustains Strong Demand for Luxury Tourism

The Monte Carlo Summer Festival continues to generate robust ticket sales, fine dining demand and high hotel occupancy, helping extend Monaco's peak tourism season through August.

Société des Bains de Mer Expands Luxury Retail at Café de Paris

Société des Bains de Mer is leasing newly renovated commercial space at the Café de Paris complex to luxury brands, strengthening its retail portfolio and capturing increased spending from affluent visitors.

Grimaldi Forum Showcases Historic Automobile Exhibition

The Grimaldi Forum is hosting a major exhibition tracing 133 years of automotive history, featuring rare vehicles and previously unseen royal archives that are attracting collectors and visitors throughout the summer.

Monaco and France Recover More Than €1 Million in Stolen Jewellery

A joint investigation by Monaco Public Security and French authorities has led to the arrest of a suspect linked to the theft of jewellery worth more than €1 million from an elderly Monaco resident, highlighting close cross-border law en...

Sportel Awards 2026 Opens Campaign Ahead of Monaco Gathering

Monaco has launched the promotional campaign for the 2026 Sportel Awards, with the event set to bring together international broadcasters, sports executives and technology companies to discuss media rights and innovation.

Indosuez Wealth Management Urges Long-Term Investment Discipline

Indosuez Wealth Management has advised Monaco-based investors to remain focused on private markets and long-term investment strategies rather than reacting to short-term global market volatility.

Monaco Approves Survivor Pension Reform Expanding Equality for Spouses

The National Council has passed legislation guaranteeing survivor pension rights for spouses in both the public and private sectors regardless of gender, marking a further modernization of Monaco's family and social welfare laws.

AS Monaco Basketball Seeks Conciliation Over French League Dispute

French basketball champion AS Monaco has referred its dispute over league participation to the French National Olympic and Sports Committee, beginning a formal conciliation process aimed at securing its return to the Betclic Elite champi...

Monaco's Extensive Security Network Keeps Street Crime Exceptionally Low

Security assessments highlight Monaco's high police presence and extensive surveillance systems, with authorities maintaining that visible policing has made professional pickpocketing virtually non-existent in key tourism and shopping di...

Monaco Tightens Drone Restrictions Ahead of Peak Summer Events

The Public Security Department has introduced stricter drone controls to protect the privacy and security of major summer events, royal engagements and luxury yachts during the busiest tourism period.

Société Générale Private Banking Upgrades Advisory Services in Monaco

Société Générale Private Banking has introduced advanced portfolio allocation tools and strengthened environmental, social and governance capabilities, expanding investment services for international family offices and cross-border clien...

International Family Offices Continue Expanding Operations in Monaco

Wealth management advisers report sustained growth in the number of single and multi-family offices relocating to Monaco, attracted by the Principality's financial services sector and evolving governance frameworks for international weal...

Monaco Yacht Show Expands Fleet for 35th Anniversary Edition

Organisers have confirmed that more than 120 superyachts will attend this year's Monaco Yacht Show in Port Hercules, with a strong lineup of new 2026 launches highlighting continued strength in the global luxury yacht industry.

Prince Albert II and Princess Charlene Call for Greater Cooperation on European Wildfires

Prince Albert II and Princess Charlene have issued a joint statement expressing solidarity with countries affected by severe summer wildfires, linking the scale of the damage to climate change and urging stronger international cooperatio...

Monaco Prepares to Host the Grand Départ of the 2026 Vuelta a España

Authorities are finalising security and logistics for the opening stages of the Vuelta a España from August 20 to August 23, with the international cycling event expected to deliver a significant boost to tourism and hospitality across M...

Monaco Hospitality Revenue Reaches Record €1.14 Billion

Official statistics show Monaco's accommodation and food service sector generated a record €1.14 billion in annual revenue, up 6% from a year earlier, reflecting sustained demand for luxury tourism, extended stays and premium business ev...

Monaco Property Market Holds Record Prices as Global Wealth Seeks Safe Haven

Prime residential districts including Larvotto and Monte Carlo continue to command record prices, with wealth managers citing limited land supply and Monaco's tax environment as key factors attracting ultra-high-net-worth buyers amid glo...

Monaco Launches Economic Study Into Formula One Grand Prix Impact

The Monaco Institute of Statistics and Economic Studies has begun a comprehensive assessment of the 2026 Formula One Monaco Grand Prix, measuring spending on hospitality, luxury retail and the event's long-term economic value to guide fu...

Formula E Extends Monaco E-Prix Agreement Through 2031

The Automobile Club de Monaco and Formula E have agreed to keep the Monaco E-Prix on the calendar through 2031, confirming the race will remain an annual double-header, with the 2027 edition moving to early May to better align with the P...

Spain and Morocco Trade Blame After 72,000 Migrants Enter Ceuta

Madrid says criminal networks drove the mass crossing into the Spanish enclave, while a Moroccan official points to a court ruling that curtailed summary returns at sea.

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.

Aston Martin Faces Legal Threat Over £550m Rescue Deal

Bondholders say the luxury carmaker’s plan to use branding and intellectual-property assets in a new financing package could weaken their claims on the company.

Stade Louis II Undergoes Summer Modernisation Works

Renovation of the athletics track and other facilities at Stade Louis II is under way during the summer break to maintain the venue's international standards for future football and athletics events.

Indosuez Wealth Management Warns Clients to Prepare for Market Volatility

Indosuez Wealth Management advised clients to remain cautious amid geopolitical and economic uncertainty, recommending portfolio adjustments to navigate changing market conditions.

Monaco Launches New Athletics Festival at Port Hercules

The inaugural Monaco Athletics Festival opened on the Port Hercules waterfront, expanding the principality's summer sporting calendar and attracting international competitors.

Monaco Yacht Show Introduces Executive Media and Networking Hub

Organisers announced a new broadcasting studio and networking lounge for maritime executives, creating a dedicated space for industry discussions during the upcoming yacht exhibition.