The 1998 Malta Grand Prix was a professional invitational snooker tournament which took place at the New Dolmen Hotel in Buġibba, Malta in December 1998.

Stephen Hendry won the tournament, defeating Ken Doherty 7–6 in the final.

[1] The highest break, a 104, was compiled by Doherty in his quarter-final match against Jimmy White.

The breakdown of prize money for this year is shown below: