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Day: 25 February 2019

‘Grace Kelly, from Hollywood to Monaco’ … and now Macau.

by: Cassandra Tanti
25/02/2019

The Grimaldi Forum Monaco is continuing its policy of roaming exhibitions abroad, this time signing a new partnership with Macau. The deal will see the new ‘Grace Kelly, from Hollywood to Monaco’ exhibition displayed at the heart of a resort dedicated to high-end leisure tourism.

Grimaldi Macau deal
The signing ceremony took place in the presence of Patrice Cellario, Government Counselor-Minister of the Interior, of David Tomatis, Advisor at the Sovereign Prince’s Cabinet and of Jean-Louis Masurel, Managing Director of the Société des Bains de Mer

On 22nd February, at the Hermitage Hotel, the Grimaldi Forum Monaco (GFM) and Macau’s Galaxy Entertainment Group (GEG) joined hands in their first ever art and cultural collaboration.

The Galaxy Entertainment Group Foundation unveiled its ambition to become engaged in the promotion of art and culture by producing, for the first time, a cultural exhibition detailing the life story of Grace Kelly, from being an actress to becoming the Princess of Monaco, and includes a special exhibit dedicated to the Grimaldi dynasty and artists’ tributes with their work inspired by Grace Kelly. For its part, the GFM formalised a new step in its policy of roaming exhibitions abroad.

The ‘Grace Kelly, from Hollywood to Monaco’ exhibition, which was made possible with loans from the collections of the Prince’s Palace of Monaco, will be hosted from 15th May to 28th August 2019 in an exhibition gallery specially created for this purpose and located in the heart of the Galaxy Macau™ complex.

‘Grace Kelly, from Hollywood to Monaco’ combines two previous productions: ‘The Grace Kelly Years’, created in 2007, whose tour raised Monaco’s profile around the world for over 10 years and, ‘Princes and Princesses of Monaco. A European Dynasty’, presented in Beijing’s Forbidden City in 2018. Its curator, Thomas Fouilleron, Director of the Archives and Library of the Prince’s Palace of Monaco, takes up this new challenge. The GFM is responsible for its scenographic design and logistical implementation.

The cultural memorandum of understanding was signed jointly by Henri Fissore, President and Sylvie Biancheri, Chief Executive Officer of the Grimaldi Forum on the one hand, and Francis Lui, Vice Chairman of GEG and its Foundation, and Michael Mecca, Non-Executive Director and Senior Advisor of GEG , on the other.

The signing ceremony took place in the presence of Patrice Cellario, Government Counselor-Minister of the Interior, of David Tomatis, Advisor at the Sovereign Prince’s Cabinet and of Jean-Louis Masurel, Managing Director of the Société des Bains de Mer, of which the GEG is a shareholder since July 2015.

 

Historic villa goes on the market for record price

by: Cassandra Tanti
25/02/2019
Villa Echauguette

One of Monaco’s last remaining mansions from the Belle Époque era has hit the market at a record price of 110 million euros. The property, which spans six floors, was formerly owned by François Blanc, founder of the Monte Carlo Casino.

The pastel-pink villa known as ‘l’Echauguette’, meaning ‘the watchtower’, straddles the cliff edge above Port Hercule, overlooking the Vallon Sainte Dévote, the Mediterranean sea, the Prince’s Palace and the Formular One race track.

The villa overlooks the Port Hercule
The villa overlooks the Port Hercule

With an asking price of 110 million euros, the villa is particularly exceptional even for the Principality of Monaco, where real estate prices are among the highest in the world at 48,799 euros per m2 on average (IMSEE). That’s an increase of more than 47% in just 10 years, says Sotheby’s, which is listing the 700m2 villa. It features a living space spread over six floors, a plot of 550m2, a 22m swimming pool, a spectacular wine cellar, rooftop terrace, and two internal lifts.

Sold unfurnished, the neo-classical property is one of the last of its era – the beginning of the 20th century. Many of Monaco’s grand historic homes have since been subdivided or demolished for apartments or office space.

Villa Echauguette was renovated in 2008 and will be sold unfurnished

The villa’s former owner, François Blanc, was a French casino mogul who invested heavily in building Monaco’s casino industry. He helped transform the tiny city-state into an international destination for the wealthy.

For more information, see the listing at Sotheby’s:

https://www.sothebysrealty.com/eng/sales/detail/180-l-1001-9xpzk7/exceptional-villa-overlooking-the-port-monaco-lc-98000#mediaplayermodule

 

 

Monaco conquers inaugural Port Hercule Regatta

by: Cassandra Tanti
25/02/2019
Port Hercule Regatta

The first ever Port Hercule Regatta was held on the weekend and declared a resounding success. Under glorious sunshine almost 100 boats gathered at the base of the Rock, with the Monegasque club taking home the most wins of the day.

Port Hercule Regatta
Regatta organisers Monaco Nautical Society won 10 of the 14 races entered. Photo: Screenshot Youtube rowermc

In all there were 350 athletes on 95 boats taking part in races, which ran from early morning to mid-afternoon. Participants came from all over southern France, as well as Spain, Italy, Germany and Switzerland.

Weather conditions were perfect, with blue skies and a light westerly wind.

It was a great day for the Principality, with organisers Monaco Nautical Society winning 10 of the 14 races entered. “For its first edition, the Port Hercule Regatta was a success, both at the sporting level and at the organisation level,” Daniel Fauché, Base Manager of the Société Nautique, told Monaco Matin.

The next rowing regatta in Monaco will be the Prince Albert II Challenge, held at the end of November 2019 and featuring a new formula.

Finance taskforce week comes to a close

by: Cassandra Tanti
25/02/2019
FATF assembly

A taskforce charged with combatting money laundering, terrorist financing and other threats to the international financial system has wound up its work in Paris. Monaco’s Jean-Marc Gualandi served as a delegate and worked on a number of solutions for the global problem.

FATF assembly
FATF was established in 1989

A representative of the Control Information Service on Financial Circuits (SICCFIN), Jean-Marc Gualandi participated in the Plenary Assembly of the Financial Action Task Force (FATF) which took place in the French capital from 17th to 22th February.

The main objective of the FATF, established in 1989, is to combat money laundering, terrorist financing and other related threats to the integrity of the international financial system, including through the development of regulatory standards.

It also monitors the progress made by its members in implementing the required measures, examines money laundering and terrorist financing techniques and measures to combat such phenomena, and encourages the adoption and implementation of adequate measures at the global level. In collaboration with other international actors, the FATF also identifies vulnerabilities at the country level to protect the international financial sector against its use for illicit purposes.

At this plenary meeting, delegates worked on many topics such as virtual asset risk mitigation, the approval of several guidance documents related to the application of the risk-based approach to certain professions, the reviewed the China and Finland Mutual Evaluation Reports and updated the list of countries with strategic AML / CFT deficiencies.

During his stay in Paris, Jean-Marc Gualandi was also received at the Monaco Embassy by HE Christophe Steiner, Ambassador of Monaco in France.

‘Grace Kelly, from Hollywood to Monaco’ … and now Macau.

by: Cassandra Tanti
25/02/2019
Grimaldi Macau deal

The Grimaldi Forum Monaco is continuing its policy of roaming exhibitions abroad, this time signing a new partnership with Macau. The deal will see the new ‘Grace Kelly, from Hollywood to Monaco’ exhibition displayed at the heart of a resort dedicated to high-end leisure tourism.

Grimaldi Macau deal
The signing ceremony took place in the presence of Patrice Cellario, Government Counselor-Minister of the Interior, of David Tomatis, Advisor at the Sovereign Prince’s Cabinet and of Jean-Louis Masurel, Managing Director of the Société des Bains de Mer

On 22nd February, at the Hermitage Hotel, the Grimaldi Forum Monaco (GFM) and Macau’s Galaxy Entertainment Group (GEG) joined hands in their first ever art and cultural collaboration.

The Galaxy Entertainment Group Foundation unveiled its ambition to become engaged in the promotion of art and culture by producing, for the first time, a cultural exhibition detailing the life story of Grace Kelly, from being an actress to becoming the Princess of Monaco, and includes a special exhibit dedicated to the Grimaldi dynasty and artists’ tributes with their work inspired by Grace Kelly. For its part, the GFM formalised a new step in its policy of roaming exhibitions abroad.

The ‘Grace Kelly, from Hollywood to Monaco’ exhibition, which was made possible with loans from the collections of the Prince’s Palace of Monaco, will be hosted from 15th May to 28th August 2019 in an exhibition gallery specially created for this purpose and located in the heart of the Galaxy Macau™ complex.

‘Grace Kelly, from Hollywood to Monaco’ combines two previous productions: ‘The Grace Kelly Years’, created in 2007, whose tour raised Monaco’s profile around the world for over 10 years and, ‘Princes and Princesses of Monaco. A European Dynasty’, presented in Beijing’s Forbidden City in 2018. Its curator, Thomas Fouilleron, Director of the Archives and Library of the Prince’s Palace of Monaco, takes up this new challenge. The GFM is responsible for its scenographic design and logistical implementation.

The cultural memorandum of understanding was signed jointly by Henri Fissore, President and Sylvie Biancheri, Chief Executive Officer of the Grimaldi Forum on the one hand, and Francis Lui, Vice Chairman of GEG and its Foundation, and Michael Mecca, Non-Executive Director and Senior Advisor of GEG , on the other.

The signing ceremony took place in the presence of Patrice Cellario, Government Counselor-Minister of the Interior, of David Tomatis, Advisor at the Sovereign Prince’s Cabinet and of Jean-Louis Masurel, Managing Director of the Société des Bains de Mer, of which the GEG is a shareholder since July 2015.

 

AS Monaco win 2-0 against Lyon

by: Cassandra Tanti
25/02/2019
Gelson Martins AS Monaco

Monaco edged further away from relegation trouble in Ligue 1 with a 2-0 win against Lyon on Sunday.

Winger Gelson Martins and midfielder Rony Lopes put Monaco in control early in the game, while Lyon striker  Memphis Depay’s second-half penalty was saved. Martins is the first Monaco player this season to score a goal in three consecutive games in Ligue 1.

Gelson Martins AS Monaco
Winger Gelson Martins was in top form on Sunday. Photo: AS Monaco Twitter

Monaco, who began the day two points above the bottom three, have leapfrogged Amiens into 16th place.

They have won three and drawn one of their last four league games under Leonardo Jardim, who was reappointed boss after  Thierry Henry was sacked in January after just three months in charge.

Jardim called the win an “important victory”.

“The performance sometimes varies but the quality of my players remains the same,” said Jardim. “Today we performed better but we can not rest. We are already thinking about the next match… Our goal is to be at the same level as the best teams in France. For the moment, that’s the case.”