Month: December 2017

On Thursday, December 7, prominent representatives from Family Offices and the yacht investment community came together to toast the winter season at BAFTA 195 Piccadilly.

The annual invitation-only event fosters productive business exchange and celebrates Monaco in London. The evening was held in partnership with the Monaco Economic Board and was supported by a number of notable Monaco-based and global businesses, including BlockEx, AM Yacht Design, Silver Arrows Marine, Thirty-Nine Monte Carlo, Edmiston, Icon Gold Fund and BASYCS Switzerland.

The event kicked off with opening remarks by the Monaco Economic Board, who shared their mission to help companies grow their business in Monaco. Other speakers represented an array of perspectives on the wealth of business and leisure resources on offer in Monaco, from the latest on innovative luxury motor yachts to an exclusive sports club, whose programming is inspired by the principles of sporting excellence and a holistic lifestyle.

Some 100 attendees enjoyed Tattinger champagne while reading Investor Media’s newly released bi-monthly magazines: Family Office Investor and Yacht Investor. The magazines are distributed internationally, and spotlight topics relating to investment trends, luxury lifestyle and travel, and the arts and culture.

The cocktail, which ended after 10 pm, showcased an artistic display of glassworks by Lalique, as well as paintings by Rodolfo Villaplana, winner of the Young Masters Prize, and Mark Dziewulski. Dziewulski’s paintings travelled directly from the Venice Biennale to BAFTA, which his representation office, Lauren Xandra of luxury marketing firm L&X, remarked to be “a location which truly reflects the rich cultural heart of London”.

Xavier Calloc’h, CEO of Investor Media, expressed his gratitude to the Monaco Economic Board and the “great success of the event with guests attending from around the world and delighted sponsors.”

Images courtesy of David Dyson/Investor Media.Article first published December 11, 2017.

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Following the appointment of Laurent Anselmi as Director of Judicial Services of the Principality, the position of representative of Monaco to the Venice Commission was entrusted to Professor Bertrand Mathieu.

Accompanied by Christophe Sosso, substitute member, also representing the Principality, Professor Mathieu participated in the 113th General Session of the Venice Commission, held on December 8 and 9.

The Venice Commission, the European Commission for Democracy through Law, is a consultative body specialising in constitutional law, set up by the Council of Europe.

Based in Venice, it includes independent experts from all of its member states, as well as observers from every continent. The next session will be held on March 16 and 17, 2018.

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For the fourth consecutive year, the Junior Economic Chamber of Monaco – which focuses on the areas of Training, Entrepreneurship and Networking – organised the Get in the Ring competition.

The day’s training on Friday, December 1, started at 8:30 am, with a working breakfast with all the incubated startups of MonacoTech. Throughout the day the candidates were coached by high-level mentors in a highly-charged but studious atmosphere.

At the end of the first round of the competition for start-ups, six candidates were selected to go on stage in front of the Grand Jury later in the day: Hyve, Wafer, Coviago, O’Sol, Zappik, and Onhys.

The jury for the evening session, which started at 6 pm at the Meridian Beach Plaza, consisted of Rémi Raso, Nicholas Cournoyer, Mauro Dell Orco, Florence Richardson, and Invest Monaco’s Justin Highman.

The winner, Onhys, which specialises in modelling urban regeneration plans, is now directly qualified for the global final of the Get in the Ring competition to be held in March 2018 in Carcais, Lisbon.

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Government tightens labour law compliance

Air traffic at Nice-Côte d’Azur airport has been shut down due to poor weather conditions across the Riviera on Monday. (A major snowfall across the UK has also seen affected flights out of London.)

All flights have been cancelled until 6 am Tuesday. For further information, passengers should call the airline directly or contact the airport on 0820 423 333 (€0.12/minute). Alternatively, keep up-to-date with real-time flight status on the airport’s website.

Météo-France had placed the Alpes-Maritimes department on orange alert for Monday, warning of heavy rainfalls, floods, risk of avalanches and crashing waves, with swells of up to 4 metres, that could close seaside roads.

Up to 250mm of rain was expected in the Grasse region, with at least 80mm to 120mm of precipitation accumulating along the Coast. Wind gusts of up to 70 km/h should continue until evening, and thunderstorms are forecasted to hit around 4 pm.

The RM 6098 sea road at Cagnes-sur-Mer was closed, as well as the Promenade Reine Astrid (RD 6327) in Menton. Access to Isola via the RM 97 was also closed.

The Prefecture of the Alpes-Martimes advised people to stay indoors and especially avoid the sea and sea roads altogether.

Christmas markets and other outdoor activities had been cancelled Monday.

Haunted by the memory of Nijinsky, like many choreographers before him, Marco Goecke is back with a piece named after one of the 20th century’s greatest dancers.

Since its premiere in June 2016, the powerful biopic so beautifully performed by the Gauthier Dance Company has been met with standing ovations time and time again.

The Monaco Dance Forum will be showcasing the latest offering by a choreographer it has been following for over a decade now, and who was awarded its “Nijinsky Prize” for best emerging choreographer back in 2006.

Nijinsky will be performed on December 14 and 15 at the Salle Garnier of the Monte-Carlo Opera, starting at 8 pm.

On December 16 and 17, the Ballets will be performing Viva Momix Forever, a production of particular interest to a younger audience, at the Salle Prince Pierre at the Grimaldi Forum.

This was created in 2015 to celebrate Momix’s 35th anniversary, and it’s with a spectacular collection of his most iconic and significant choreographies that Moses Pendleton, charismatic Creator and Artistic Director of the company, intends to emphasise this fundamental goal.

Momix is a company of dancer-illusionists based in Washington, Connecticut, founded in 1981 by the well-known choreographer. The new performance is a mix of brilliant beautiful choreographies, new creations and masterpieces of the company’s history: from Momix Classics, Passion, Baseball, Opus Cactus, Lunar Sea, to the recent Botanica and the latest great success of Alchemia.

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Flamboyant entrepreneur Xavier Niel – often described as France’s most influential person – is close to finalising a deal to take a majority holding in Eir, Ireland’s biggest telecoms company.

Neil, who in 2014 bought the majority stake in Monaco Telecom previously owned by Cable & Wireless Communications, is expected to take a stake of 90 percent currently held by US funds Anchorage Capital and Davidson Kempner and Singapore’s GIC.

The deal would value the former state-owned company at €1.5 billion. The transaction is expected to close by the end of the year. The sale would be the sixth change of ownership since 1999.

Niel, 50, is the man behind Iliad, the internet service provider and owner of France’s Free mobile service. In addition to his holding in Monaco Telecom, he is also co-owner of the French newspaper Le Monde. He is said to be close to Silicon Valley entrepreneurs Mark Zuckerberg and Elon Musk.

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