Monaco Times

Superyacht Demand Remains Strong as Flagship Vessels Fill Monaco Harbour

High-profile yachts, including the newly delivered Silver Fox and the Feadship-built Lunasea, occupied prime berths in Port Hercule during the Grand Prix, reflecting continued strength in the Mediterranean ultra-luxury charter market.

Cadillac Formula One Team Unveils Monaco Partnership With TheArsenale

The American Formula One entrant announced a strategic collaboration with Monte Carlo-based mobility retailer TheArsenale during Grand Prix weekend as part of its broader expansion into Europe’s luxury market.

Hôtel Métropole Monte-Carlo Earns Rare Triple Recognition From Luxury Travel Industry

The landmark hotel became the first property in Monaco to receive simultaneous recognition on Condé Nast Traveler’s Hot List, Gold List and Readers’ Choice Awards, reinforcing its standing in the global luxury hospitality sector.

Florent Farge Appointed Special Advisor to Monaco’s Princely Couple

Former French civil servant Florent Farge has been named special advisor to Prince Albert II and Princess Charlene, bringing experience from regional administration and the French Court of Audit to the role.

Prince Albert II and Princess Charlene Complete Official Visit to Madrid

The Monegasque royal couple concluded a two-day visit to the Spanish capital focused on strengthening cultural cooperation and advancing shared environmental priorities with Spanish partners.

Monaco Invests Nearly €68 Million in Rail Upgrades Along French Riviera Corridor

The government announced a €67.9 million investment in four new regional trains aimed at improving services for around 20,000 daily passengers and easing congestion on the key rail connection between Monaco and Nice.

Julius Baer and Gordon S Blair Highlight Demand for Cross-Border Wealth Planning

The Swiss private bank and Monaco law firm are promoting integrated solutions for estate planning, tax structuring and international asset management as wealthy clients navigate increasingly complex regulations.

BNP Paribas Wealth Management Expands European Footprint Following German Acquisition

The bank’s Monaco-based wealth management division continues to integrate recently acquired German private banking assets, strengthening its position in the European high-net-worth market.

Monte-Carlo Société des Bains de Mer Reports Strong Grand Prix Hospitality Revenue

The luxury hospitality and gaming group recorded robust spending across its flagship properties during the Monaco Grand Prix weekend, benefiting from strong demand for premium experiences and exclusive events.

Sohn Monaco Conference Combines Investment Insights With Cancer Research Fundraising

Leading hedge fund managers and investors will gather at the Yacht Club de Monaco for the annual Sohn Conference, supporting paediatric cancer research while sharing market perspectives and investment ideas.

Prince Albert II Marks 150 Years of Monaco-Spain Diplomatic Relations in Madrid

Prince Albert II met Spanish Prime Minister Pedro Sánchez during an official visit commemorating 150 years of diplomatic ties and discussing broader European cooperation.

Monaco Energy Boat Challenge Draws Record International Participation

The Yacht Club de Monaco said 56 teams from 22 countries will compete in this year’s event, showcasing hydrogen and electric vessel technologies designed to advance low-emission maritime transport.

Prince Albert II Foundation Opens New Funding Round for Environmental Projects

The foundation has invited international applications for initiatives focused on climate action, biodiversity conservation and water resource management, reinforcing Monaco’s role in environmental philanthropy.

Monaco Strengthens Anti-Money Laundering Oversight for Financial Technology Firms

Digital banking and payment companies are adapting to stricter compliance requirements as regulators increase scrutiny of client verification processes and cross-border wealth transfers.

WAIB Summit Explores Artificial Intelligence and Blockchain in Private Banking

Technology executives, digital asset specialists and financial leaders will meet in Monaco to examine how artificial intelligence and blockchain technologies are being integrated into traditional wealth management and banking services.

IMpower Fund Forum Brings Global Asset Management Industry to Monte Carlo

The Grimaldi Forum is preparing to host 1,400 asset management professionals for a major industry gathering focused on digital transformation, asset tokenisation and investment strategy within the global wealth management sector.

Monaco Rental Prices Rise Sharply as Housing Supply Remains Constrained

Real estate analysts report that demand from international residents continues to outstrip available housing stock, pushing average rents close to €125 per square metre and intensifying competition for rental properties.

Mareterra Development Pushes Monaco New-Build Property Prices to New Highs

The completion of luxury residences within the Mareterra land reclamation project has transformed the Larvotto district, driving average new-build transaction values to nearly €35 million as affluent buyers seek larger homes in the Princ...

Monaco Resale Property Market Surpasses €3 Billion in Record-Breaking Year

New data from Savills shows Monaco’s secondary property market exceeded €3 billion in transaction value, with average resale prices reaching €7.6 million as demand remained strong despite broader economic uncertainty.

Kimi Antonelli Wins Chaotic Monaco Grand Prix to Extend Formula One Championship Lead

Mercedes driver Kimi Antonelli secured his fifth consecutive victory after navigating crashes, retirements and race interruptions in Monaco, strengthening his position at the top of the Formula One standings at one of motorsport’s most p...

Formula One Driver Residency Patterns Highlight Monaco’s Tax Appeal

Financial commentators noted that more than half of the current Formula One grid resides in Monaco, reflecting the Principality’s longstanding attractiveness for high-income international athletes and entrepreneurs.

Monaco Foundation Expands Global Ocean Conservation Funding

The Prince Albert II of Monaco Foundation announced a new round of grants for marine biodiversity and climate resilience projects, extending the Principality’s international environmental initiatives.

Monaco Relies on Cross-Border Workforce to Sustain Luxury Economy

Transport authorities continue working to improve rail and road links supporting the daily movement of thousands of workers from neighboring France and Italy into Monaco’s hospitality and services sectors.

Private Jet Traffic Surges at Nice Airport Ahead of French Riviera Summer Season

Operators at Nice Côte d'Azur Airport reported heavy private aviation activity linked to the Monaco Grand Prix, marking the start of the peak summer tourism and yachting period along the French Riviera.

Jimmy’z Monte-Carlo Benefits From Influx of Formula One Visitors

The renowned nightlife venue expanded its entertainment program during race week as celebrities, athletes and wealthy international guests arrived in Monaco for the Grand Prix.

Luxury Marine Brands Use Monaco Grand Prix to Showcase New Vessels

Boat manufacturers including SACS Tecnorib are using the concentration of affluent visitors during Grand Prix week to present new models directly to prospective buyers.

Top Marques Monaco Adds Luxury Tuners Hall as Demand for Bespoke Supercars Grows

Organizers of the luxury automotive exhibition are launching a dedicated space for specialist customization firms as wealthy collectors seek increasingly personalized high-performance vehicles.

Turnkey Luxury Apartments Dominate Demand in Monaco Property Market

Real estate brokers reported rising demand for fully renovated residences, with affluent buyers increasingly favoring move-in-ready apartments offering premium amenities and sea views.

Monaco Expands Role as Hub for Wealth Management and Longevity Services

The upcoming SIP Health and Wealth Summit will bring together experts in family office management, healthcare innovation and preventive medicine, reflecting growing interest in the intersection of wealth preservation and longevity.

Cadillac Formula One Team Faces Challenging Monaco Debut

The new Cadillac Formula One operation endured a difficult qualifying session as drivers Sergio Pérez and Valtteri Bottas struggled to find competitive pace on the demanding street circuit.

Brando Badoer Claims First Formula Three Victory on Monaco Streets

Italian driver Brando Badoer secured his maiden FIA Formula Three win in Monte Carlo after converting a front-row start into a controlled race-long victory.

Monaco Hospitality Group Retains 10 Michelin Stars Across Luxury Resort Portfolio

Monte-Carlo Société des Bains de Mer maintained 10 Michelin stars across its restaurants, reinforcing Monaco’s standing as one of the world’s leading destinations for luxury dining.

Banque Richelieu Monaco Upgrades Banking Platform to Support International Expansion

The private bank has adopted a new core technology system designed to enhance portfolio management capabilities and support growth among international clients and family offices.

Monaco Strengthens Anti-Money Laundering Controls to Protect Banking Reputation

Authorities in the Principality have expanded compliance and due-diligence requirements across private banking and wealth management activities as part of ongoing efforts to maintain international financial standards.

European Wealth Migration Continues to Support Monaco’s Financial Sector

Private bankers and advisers reported sustained interest from European and Middle Eastern family offices seeking residency and investment opportunities in Monaco amid broader geopolitical and regulatory uncertainty.

Prince Albert II Strengthens Monaco-Spain Ties During Official Madrid Visit

Prince Albert II and Princess Charlene concluded a diplomatic visit to Spain that included meetings with King Felipe VI and Pedro Sánchez, marking 150 years of bilateral relations and advancing cooperation on marine conservation initiati...

Liberty Media Reshapes Monaco Grand Prix Commercial Model With Higher Hosting Fees

Formula One owner Liberty Media has revised the commercial structure of the Monaco Grand Prix, introducing a higher annual hosting fee while integrating the event more closely with global sponsorship arrangements.

Monaco Property Market Remains Resilient Despite Global Economic Headwinds

New research from Sotheby’s International Realty and Savills indicates that demand from ultra-high-net-worth buyers continues to support record valuations across Monaco’s prime residential districts, including Monte Carlo, Larvotto and F...