Monaco Times

Sustainability, Heritage, Exclusivity.
Thursday, Aug 20, 2026
Monaco Times

Monaco Construction Sector Suffers Sharp Revenue and Workforce Decline as Urban Development Slows

Monaco’s construction industry is reporting a significant contraction in revenue and employment, pointing to growing pressure on a sector central to the principality’s economy as authorities balance luxury development with environmental constraints.
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Related Articles

Palermo-Montecarlo Offshore Yacht Race Draws 39 Teams Across the Mediterranean

Thirty-nine sailing teams have departed Sicily for the Yacht Club de Monaco in the 21st Palermo-Montecarlo offshore race, with the 100-foot Black Jack 100 defending its course r...

Monaco Showcases Mareterra Waterfront District in Final Summer Cultural Tours

Monaco’s Heritage Institute has concluded its summer tours of Mareterra, the new waterfront district created through six hectares of land reclamation in the Mediterranean and de...

AS Monaco and Paul Pogba Agree to End Contract Ahead of New European Season

AS Monaco and French midfielder Paul Pogba have mutually agreed to terminate his contract, which had been due to run until June 2027, allowing the club to reshape its squad ahea...

Monaco Hosts First-Ever La Vuelta a España Grand Départ as Summer Tourism Gets Major Boost

The 2026 La Vuelta a España begins in Monaco on August 20 for the first time, bringing an international sporting event to the Principality and supporting late-summer demand acro...

Monaco Private Banks Raise Entry Requirements as Demand From International Wealthy Clients Grows

Private banks in Monaco are increasingly seeking initial deposits of more than €1 million from new clients as international families pursue residency and wealth-management optio...

Monaco Property Prices Remain the World’s Highest as Average Resales Near €60,000 Per Square Meter

Monaco’s average resale property price reached €57,569 per square meter, according to the Monaco Real Estate Observatory, keeping the Principality at the top of the global marke...

Monaco Private Banks Strengthen AI Compliance as EU Transparency Rules Tighten

Private banks and family offices in Monaco are upgrading digital security and compliance systems as European Union rules on artificial intelligence transparency increase pressur...

Côte d’Azur Job Forum Offers More Than One Thousand Positions Near Monaco

More than one thousand jobs were offered at a major recruitment forum at Nice’s Allianz Riviera, supporting the regional pipeline of hospitality and service workers needed by Mo...

Monaco’s Historic Exotic Garden Prepares to Reopen After Six-Year Renovation

Monaco’s authorities are preparing to reopen the iconic Exotic Garden following a six-year renovation, restoring a major cliffside attraction and adding to the principality’s to...

AS Monaco Reassesses Ligue 1 Campaign After Late Draw With Toulouse

AS Monaco is reviewing its early-season approach after conceding a late equaliser against Toulouse, with the club seeking to maintain its competitive standing in Ligue 1 and its...

Saint-Paul de Vence Festival Marks Fifteenth Anniversary With Cultural Programme

The Festival de Saint-Paul de Vence has celebrated its fifteenth anniversary with a programme of cultural performances that continues to attract Monaco residents and other afflu...

Zimmermann Stages Luxury Fashion Event Near Monaco at Cap d’Antibes

Australian fashion house Zimmermann held an exclusive event at Cap d’Antibes, using the wider French Riviera market to reach Monaco-based wealthy clients and summer visitors.
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