AGP Executive Report

Public Finances: Monaco’s National Council approved the 2026 amended budget, after securing government commitments on public-sector jobs and state-owned housing. Transport and Climate: Monaco is tying Nice helicopter operating rights to a commitment to sustainable fuel. Diplomacy: Prince Albert welcomed ambassadors from two Latin American countries at the Palace. Sport: AS Monaco opened its Conference League campaign with a 2–1 win over CSKA Sofia. Culture: A Mozart Requiem concert and sculpture unveiling are planned for Monaco Cathedral on October 29, under Prince Albert’s patronage. Financial Crime: Monaco was among the first signatories to a Council of Europe treaty expanding cross-border powers to freeze and seize criminal assets, including digital currencies.

Diplomacy: Prince Albert II received ambassadors from the Dominican Republic, Ecuador, San Marino, Egypt and Guinea-Bissau at the palace on October 15. European Football: Monaco opened its Conference League campaign with a 2–1 win away to CSKA Sofia, with Paris Brunner and Ansu Fati scoring before the hosts pulled one back. Childcare: Albert and Princess Charlene inaugurated Crèche Ida at Monaco’s Héméra Residence, where the new facility has been welcoming families since September. Business: Monaco’s yachting sector has reached a reported €660 million, outpacing the wider economy, while the principality’s new fair-credit access rules have taken full effect.

Financial Protections: Monaco’s “right to be forgotten” rules took effect on 13 October, letting eligible cancer and hepatitis C survivors apply for borrower insurance without medical-history penalties when seeking loans. International Ties: The Principality is among the first to sign a Council of Europe treaty aimed at seizing criminal assets, while its Chamber of Commerce welcomed a German trade delegation. Local Opportunities: Monaco is seeking an operator for a major commercial space dedicated to leisure and sport. Sailing: Twenty-three all-female crews are expected at the Virginie Hériot Trophy, which runs from 16 to 18 October and switches to RS21 boats this year. Arts and Yachting: TAEX has opened a permanent gallery in Mareterra with a solo show by Kevin Abosch; meanwhile, Monaco’s yachting leaders met to discuss geopolitical pressures and the sector’s future. Marine Conservation: Monaco scientists’ red coral nursery has passed 800 births, highlighting local efforts to restore marine life.

Luxury Travel: The Venice Simplon-Orient-Express will add a Paris–Monte Carlo journey from May 2027, with one-night fares starting at €4,870 per person. Princely Family: Prince Albert and Princess Charlene sent Pope Leo XIV their prayers ahead of lung surgery, while Albert, Princess Caroline and Charlotte Casiraghi welcomed literary award winners at the Palace. Childcare: The Princely Couple inaugurated Crèche Ida, expanding childcare in the Principality. Marine Conservation: Monaco’s red-coral nursery has passed 800 births, a sign of progress in local restoration efforts; a separate cleanup at Larvotto beach removed 30kg of rubbish and 530 cigarette butts. On the Water: Monaco hosts the Smeralda 888 season finale and the all-female Virginie Hériot Trophy from October 16 to 18, with 23 crews expected. Business and Culture: A new Monaco summit will address funding gaps for women founders, while MonacoTech has opened its latest startup call. Transport: Trains to Monaco will be suspended for nearly two days in November during major rail works.

Princely Couple: Prince Albert II and Princess Charlene sent Pope Leo XIV their support and prayers as he underwent lung surgery. Business Ties: A Qatari delegation representing nearly 20 companies met Prince Albert and senior officials to explore investment and trade partnerships with Monaco. Yacht Racing: Monaco’s bay hosts two international regattas from 16–18 October: the Smeralda 888 season finale and the Virginie Hériot Trophy, featuring 23 all-female crews racing RS21s. Marine Conservation: New monitoring data show fish biomass in the Larvotto reserve is 2.5 times higher than in nearby unprotected waters, while nursery surveys counted about 24,000 juvenile fish in 2025. Women in Tech: HERS Monaco will bring female founders and investors together on 23 October, spotlighting the funding gap that left all-female European teams with just 1.2% of venture capital last year. European Football: Monaco opens its Conference League campaign away to CSKA Sofia on Thursday.

Royal & Community: Prince Albert II and Princess Charlene opened Monaco’s new Ida nursery, adding childcare capacity at the Héméra complex. The couple also attended the principality’s inaugural philanthropy summit, where about 100 international figures discussed the future of charitable giving. Marine Life: Monaco scientists’ red coral nursery has passed 800 births, while a Larvotto beach clean-up removed 30kg of rubbish and 530 cigarette butts. Yachting: The principality’s yachting sector is valued at €660 million and is growing faster than the wider economy. Culture & Business: Digital art platform TAEX is opening a Monaco gallery, as the principality expands its autumn fashion programme.

Philanthropy: Prince Albert II and Princess Charlene hosted Monaco’s first philanthropy summit, bringing together about 100 leaders representing an estimated €150 billion in wealth. The gathering is intended to become an annual event. Arts and Fashion: Digital art gallery TAEX has opened its first permanent Monaco space in Mareterra, with a new exhibition running through November 30. Monte-Carlo Fashion Week’s autumn rendez-vous follows from October 14 to 16, spotlighting local designers and sustainable fashion. Startups: MonacoTech is inviting technology ventures to apply for its incubation and entrepreneur-in-residence programmes by November 17. Marine Conservation: Scientists in Monaco are testing underwater lights to attract plankton to a red coral nursery where more than 800 young corals have been born since 2023. A Larvotto cleanup also removed 30.8kg of rubbish, including 530 cigarette butts. Sport: AS Monaco remain top of Ligue 1 despite a 2-2 draw with Toulouse; Monegasque tennis player Valentin Vacherot’s Shanghai title defence ended in the third round.

Luxe Pack Monaco: Refillable packaging, recycled materials and AI-personalised fragrance were among the trends at the trade show. Berlin Packaging and Ininum also won a Beauty Tech award for their smart perfume device. Tennis: Monaco’s Valentin Vacherot began his Shanghai Masters title defence with a straight-sets win. Yachting: Monaco’s yacht sector is reported to have reached €660 million, outpacing the wider economy. Rail Travel: Trains to Monaco will be suspended for nearly two days in November as major rail works begin. Football: AS Monaco remain top of Ligue 1 despite dropping points against Toulouse. Charity: The Women of Monaco Lunch raised a record €35,000 for the Princess Grace Foundation.

Transport: Monaco’s rail link with Nice and Ventimiglia will shut for engineering works on 10 November and remain suspended until Wednesday evening, 11 November. The Government urged commuters to plan ahead. Yachting: The sector generated €659.7 million in 2025, up 16.3% from 2022—far outpacing the Principality’s wider economy, which grew 3.6%. Yacht brokers accounted for more than half of yachting revenue. Charity: The Women of Monaco Lunch raised a record €35,000 for the Princess Grace Foundation, with a lively auction at the Hôtel Métropole. Sport: AS Monaco remain top of Ligue 1 despite dropping points against Toulouse. A Monaco team also placed 11th overall in the 42-hour Jules Bianchi charity karting marathon. Heritage: Prince Albert II visited Piedmont to mark historic ties between the region and the Grimaldi family.

AS Monaco: A 2-2 draw at Toulouse kept the club top of Ligue 1, with Rennes just one point behind. Formula 1: Monaco’s Charles Leclerc finished second at the Singapore Grand Prix as Max Verstappen won. Government: A budget debate was suspended after the National Council and Government clashed over housing and jobs. Environment: Prince Albert II championed regional cooperation and marine conservation at the Med9 summit; Monaco is preparing a new yacht-mooring zone ahead of a 2027 anchoring ban. Heritage and Planning: Prince Albert and Princess Caroline opened a major heritage exhibition, while proposed property controls could reshape development on Monaco’s historic Rock.

Ligue 1: Monaco let a two-goal lead slip in a 2-2 draw with Toulouse but stayed top of the table. Formula 1: Monegasque Charles Leclerc finished second at the Singapore Grand Prix as Max Verstappen won; Lewis Hamilton came sixth. Marine Protection: Monaco has begun work on a new yacht mooring zone ahead of a 2027 anchoring ban, while Prince Albert II championed marine conservation at the Med9 summit. Local Policy: A proposed law would introduce tighter property controls on Monaco’s historic Rock. The Principality has also launched a campaign to help young people spot fake news and AI misinformation.

Ligue 1: Monaco stayed top despite letting a 2-0 lead slip in a 2-2 draw with Toulouse. PSG’s 3-1 win over Le Mans leaves it three points behind the Principality club. Formula 1: Max Verstappen and Lewis Hamilton criticised sprint races on circuits where passing is difficult, putting the format’s planned Monaco debut next season in the spotlight. Monaco bombing probe: A former Ukrainian security officer accused in the attack on businessman Vadym Yermolayev has claimed senior Ukrainian intelligence figures authorised it. He denies involvement; the allegation has not been independently confirmed. Principality affairs: Prince Albert II and Princess Caroline opened a major heritage exhibition, while Albert used the Med9 summit to champion regional cooperation and marine conservation. Monaco has also launched a campaign to help young people spot fake news and AI misinformation.

Formula 1: Max Verstappen won Singapore’s sprint and took pole, then argued F1 should avoid sprint races on tracks where passing is difficult. Monaco is scheduled to host one in 2027, putting its tight street circuit in focus. Ligue 1: Monaco go into the weekend top of the table and host Toulouse; sixth-placed PSG are five points behind and need a win to close the gap. Local affairs: A National Council budget debate was suspended amid a clash with the Government over housing and jobs. Proposed controls could also reshape property rules on Monaco’s historic Rock. Maritime: Work has begun on a new yacht mooring zone ahead of the Principality’s 2027 anchoring ban. Travel: Monaco citizens are among the nationalities exempt from the EU’s biometric border registration system. Royal history: Grace Kelly’s 10.48-carat Cartier engagement ring is now valued at a reported $38.8 million.

Global Gift Gala: Camille Gottlieb and Princess Stéphanie joined Eva Longoria at the Hôtel de Paris on Friday for a fundraiser supporting children and families. Sport: Princess Charlene announced Monaco’s rugby sevens team had secured a historic EU Games qualification. AS Monaco remain top of Ligue 1, two points clear after Lyon lost to Lens. Security: A former Ukrainian security officer accused in the June bombing near Monaco told the BBC he believed senior intelligence figures had authorized the attack. He denies involvement; the claim has not been independently established. Housing and Governance: A National Council budget debate was suspended amid clashes with the Government over housing and jobs. Separately, proposed rules would tighten property controls on Monaco’s historic Rock. Marine Protection: Monaco has begun work on a yacht mooring zone ahead of a 2027 anchoring ban, while Prince Albert II urged regional cooperation and marine conservation at the Med9 summit. Heritage: Prince Albert and Princess Caroline opened a major exhibition, as Monaco also welcomed visitors into rarely seen historic spaces.

AS Monaco: Coach Filipe Luís says the squad is fully fit for its Ligue 1 return, while a new look inside the club’s academy highlights La Diagonale’s role in developing talent and generating transfer income. Digital policy: Monaco has launched a programme to help young people spot disinformation, including AI-generated content. Princely affairs: Prince Albert II championed regional cooperation and marine conservation at the Med9 summit; he and Princess Caroline also opened a major heritage exhibition. Security: A suspect in the Monaco bombing of businessman Vadym Yermolayev claims Ukrainian intelligence officials approved the plot. The allegation remains unverified, and Ukraine’s agency says it is investigating. Sport and waterfront: Princess Charlene announced Monaco’s rugby sevens team has qualified for the 2027 European Games—the Principality’s first team-sport entry. Yacht Club de Monaco’s Tuiga, skippered by Pierre Casiraghi, has also won its class at Saint-Tropez. Monaco is preparing a new yacht-mooring zone ahead of a 2027 anchoring ban.

Housing & Planning: Monaco’s budget debate was suspended after the National Council clashed with the Government over housing and jobs. A proposed law would also tighten property controls on the historic Rock. Maritime Policy: Work has begun on a new yacht mooring zone ahead of the Principality’s 2027 anchoring ban. Diplomacy: Prince Albert II met Jordan’s Crown Prince Hussein at the MED9 summit in Croatia, where regional leaders discussed security, energy, migration and climate change. Business: Monaco’s Chamber of Commerce has officially adopted the name Monaco Chamber of Commerce. Wealth & Residency: Reports that billionaire David Reuben moved to Monaco this summer are disputed: records and his spokesperson indicate he has lived in the Principality for years. Community: Princess Charlene launched Monaco’s Pink Ribbon campaign at the Casino de Monte-Carlo, as the Principality urges early breast cancer screening.