Forbes Monaco folds five years after launch in the Principality

Forbes Monaco is no longer in publication, with all references to the media, which carries the global Forbes brand, being removed from print and platforms online.

The bi-monthly printed magazine and website was launched in October 2018 in partnership with Vizio Publishing of Luxembourg, and spearheaded by Editor-in-Chief Paul Trustfull. Local businessman Luiz Macambira then took on the role of Chief Executive Oficer and Publishing Editor.

The launch of Forbes Monaco came 101 years after the first copy of the original American version was sold.

Monaco Life has learned that Forbes Monaco halted publication at the start of 2023 due to financial reasons. The website is no longer accessible, and social media sites including the official Forbes Monaco Instagram page have been renamed Monaco Globe.

In addition to the printed magazine and online news site, Forbes Monaco hosted events in the Principality including the Forbes Monaco Art and Crypto Gala in 2021 and the Metaverse and Technology Gala in 2022.

The Forbes franchise currently has over 40 local language editions.


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France aims to cut food waste by 50% in two years with new initiative for retailers

food waste france

A new label from the French government hopes to encourage caterers, retailers and wholesalers to actively work to reduce food waste, with the goal of halving waste in some sectors by 2025. 

Launched on 1st March during the 2023 Agricultural Show, France’s new national anti-food waste label has been created to make those working in sectors of the food industry think harder about – and in turn lessen –  the amount of binned products. 

France wastes almost nine million tonnes of food each year. According to the government, this new label will “encourage players in the food chain to save our planet’s resources, such as arable land or water, and to reduce their emissions of greenhouse gas”.  

A co-venture by the Ministry of Ecological Transition and Territorial Cohesion, the Ministry of Agriculture and Food Sovereignty, Ademe and AFNOR Normalisation, the attack on food waste is two pronged.  

Retailers and wholesalers are the primary focus 

The first sector to be targeted are the country’s large and medium-sized stores, wholesalers and catering trades such as butchers, bakers, greengrocers and the like. The aim here is to get them to halve their waste by 2025.   

Those who are making good progress can apply for a label. The labels can be placed in shop fronts and will be graded on a star system: one star means commitment, two means mastery and three will go to those showing exemplary practices.   

The second wave will affect the distribution and collective catering sectors, who will have until 2030 to cut excesses in half in terms of consumption, production, processing and catering.  

More information can be found here


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Photo source: Markus Spiske for Unsplash



Basketball: Roca Team make it three wins in five days against Roanne

AS Monaco Basketball have capped a brilliant week with one final victory. After consecutive wins in the Euroleague in the space of mere hours, the Roca Team beat Roanne (74-85) over the weekend.

Monaco’s recent form has proven that February was merely a blip. Amidst rising tensions, Sasa Obradovic has managed to steady the ship, and it feels once again as though everyone is pulling in the same direction.

Monaco rally late against Baskonia

Only 48 hours separated the Roca Team’s Euroleague ties against Panathinaikos and Baskonia. The odds were stacked against Monaco. As well as a tight turnaround, the side would be without Mike James due to an index finger injury, and they would face a Baskonia side last Friday night that are imperious on their imposing home court, which was filled with a 15,000-strong crowd on the night.

Photo by AS Monaco Basket

In the absence of James, this was truly a collective victory with five players scoring 14 points or more. Jordan Loyd (19 points), Elie Okobo (18 points) and Alpha Diallo (17 points) have been consistent and crucial for Monaco this season, and it was no different against Baskonia.

Loyd, Okobo and Chima Moneke (14 points, 13 rebounds) were all key in particular in the final quarter, as Monaco overturned a deficit to make the break and once again register over 100 points. The victory (93-102) consolidates the Roca Team’s position in the top four of the Euroleague.

“We have sent out a message to the world of basketball.”

“We’re nearing the playoffs. To do it again for a second year would be a formidable accomplishment, not just for Monaco, but for France. We have sent out a message to the world of basketball,” said Obradovic post-match.

A third victory in five days

Monaco then looked to complete their week with a victory in the Betclic Elite. The club are comfortably perched atop the French division, and they were hoping to keep it that way when they made the difficult trip to Roanne.

However, the Roca Team made light work of their French rivals. Jaron Blossomgame (18 points) has always turned up when called upon this season, and it was no different on Sunday.

Monaco made the break in the first quarter (17-25) and Roanne never managed to restore parity. Despite launching a comeback of sorts in the second quarter, the Monegasque team managed the tie well, coming home comfortable winners (74-85). Second-placed Boulogne-Levallois are now two wins behind Monaco.

After a perfect week, Monaco next welcome Virtus Bologna to the Salle Gaston Médecin on Thursday.


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Photo by AS Monaco Basket

Cycling: Monaco’s Tour de France route revealed

The contours of the final stage of the 2024 edition of the Tour de France, which will depart from Monaco before finishing on the Promenade des Anglais, have been revealed. 

The Tour de France traditionally concludes on the Champs-Élysées in Paris and has done so in every edition since 1905. However, due to the French capital’s hosting of the 2024 Olympic Games, the Arrivée has had to be relocated.

As revealed back in December, the 2024 edition of the Tour de France will conclude in Nice. The Côte d’Azur city previously hosted Le Grand Départ in the heavily Covid-affected edition of 2020. There will be a discernably different atmosphere when the peloton passes through Nice in 2024.

Paris-Nice the blueprint for the penultimate stage

There will be two days of cycling around the region in July 2024. The first day (the 20th stage of the event) will see the riders depart from Nice and head towards Col de la Couillole.

Photo of Beking 2023 by Monaco Life

The peloton will take the route followed by the Paris-Nice peloton last weekend. The penultimate stage of the Paris-Nice, won by Tadej Pogacar ahead of David Gaudu, represented a test event of sorts. The organisers of the Tour de France are sufficiently satisfied by what they saw during last Saturday’s race, which concludes with a climb up to 1,678 metres above sea level.

A historic Monaco stage

The Tour de France has not visited Monaco since Le Grand Départ back in 2009. The Principality will now host the Départ of the 21st and final stage of the 2024 event, and for the first time since 1989, the race will conclude with a time trial.

Whilst not reaching the heights of the previous day, riders must still tackle an undulating route. They will first head into Beausoleil and continue their ascent into La Turbie. They will then head west towards Èze, reaching a maximum height of 508 metres.

The riders will then descend into Villefranche-sur-Mer before concluding on the Promenade des Anglais for the final race for the iconic Yellow Jersey.


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Photo of Tour de France, Nice 2020 by C. Martino

Monegasque virtuoso Stella Almondo headlines launch of The Sea is Green

the sea is green

Monte-Carlo Société des Bains de Mer on Saturday launched The Sea is Green initiative at a special dinner recital, marking a year of action on the theme of the sea that will bring together art, culture and solidarity.

Under the stunning Eiffel glass dome of the Hôtel Hermitage, guests were treated to a piano concert by 16-year-old Monegasque virtuoso Stella Almondo, an art exhibition by Jean Boghossian, and a gastronomic meal and wine pairing imagined by Chef Yannick Alléno.

Echoing the pioneering action of Prince Albert II of Monaco, his commitments on the international scene and the actions of his Foundation, The Sea is Green is the first theme in a year-long campaign by the Monte-Carlo Société des Bains de Mer (SBM) to promote the protection of the oceans. This will be followed by ‘New Wave’, ‘Et vogue le navire’ (And Sail the Ship), and ‘Mer de glace‘ (Sea Ice).

In launching the initiative on Saturday 10th March, newly appointed CEO Stéphane Valeri spoke of SBM’s dedication to sustainable development, highlighting that all of the company’s establishments are Green Globe certified, and the Resort is working towards becoming one of the very first in the world to obtain this certification in its own right.

Art inspired by the sea

To give the theme an artistic dimension, SBM asked artist Jean Boghossian to come up with a series of works inspired both by the sea and by the ambition of sustainable development. As a result, the Syrian-born artist created La Mer Incandescente: plaques that mimic the sails dotting the horizon during regattas, which will be displayed in the gardens and streets of Monte-Carlo. He is also showcasing in the halls of the Hôtel Hermitage his ceramic sculptures that incorporate corals and sea shells.

“In 2016, I acquired the collection of the shell museum in Saint-Jean-Cap-Ferrat, which was due to close,” explained Jean Boghossian. “The collection was therefore able to continue to be presented to the public. They are marvels, each shell is as beautiful as a precious stone.”

Monegasque virtuoso Stella Almondo performing during The Sea is Green event on 10th March

Monaco’s young concert pianist steals the show

The evening highlight was Monegasque pianist Stella Almondo. At just 16 years of age, this talented performer has already garnered an impressive track record, winning numerous competitions including the Flame in Paris, the Steinway & Sons in Cannes and the International Young Chopin Competition in Switzerland.

After giving her first concert at the age of 10, Stella has since performed with the Orchestre National de Cannes, the Slovak Sinfonietta Orchestra and the Monte-Carlo Opera for the Printemps des Arts. She also performed for the National Council in Monaco, where she impressed outgoing president Stéphane Valeri so much that he invited her to take part in Saturday’s event.

Guests were treated to five concertos, including Schumann’s Sonata n°2 and Chopin’s Étude Op. 25, No. 12 ‘Ocean’.

Radio Classique Journalist and Presenter David Abiker was MC for the evening, while pianist Camille Taver amused guests with his improvisations around the theme of the sea.

Under the Eiffel glass dome

The dinner was served, for the first time ever, under the Eiffel glass roof of the Hôtel Hermitage Monte-Carlo. The Winter Garden, as it is known, had its dome designed and erected by the disciples of Gustave Eiffel, the undisputed master of metal architecture.

The meal was specially composed by Chef Yannick Alléno (Pavyllon Monte-Carlo) to illustrate the theme The Sea Is Green.

Overall, the evening was a pleasure to the senses, combining art, music, gastronomy and creative ambition with the joy of living and an ambition to protect the ocean: Monte-Carlo in a nutshell.

Click on the gallery below to see more images of the evening…


See more in the reel below…


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A post shared by Cassandra Tanti (@cassandratanti)

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All photos source: Monte-Carlo SBM


2023 MIPIM focuses on innovation, tech and sustainability

mipim 2023

The MIPIM real estate convention is back to talk trends, challenges and the future of the market, and this year’s edition has a strong focus on innovation, tech and sustainability. 

The International Market for Real Estate Professionals, more commonly known as MIPIM, is returning with renewed purpose from 14th to 17th March.  

It will focus on several areas such as post-pandemic positive urban change and what markets to invest in as well as launch a new Road to Zero zone that aims to accelerate the transformation of the built-up environment towards a more sustainable model. 

Held every year at the Palais des Festivals, the event is expected to see over 23,000 people attending with delegates from 90 countries and 2,400 businesses exhibiting. Additionally, a great number of the world’s leading investment managers have confirmed they will be on hand, including Isabelle Scemama, Global Head of Investment at AXA, and Henning Koch, CEO of Commerz Real.  

“We’re looking forward to welcoming the world’s investment community to MIPIM 2023, who will make up around a quarter of all delegates,” said MIPIM Director Nicolas Kozubek. “With an end to low interest rates and continuing macroeconomic and geopolitical uncertainty, this promises to be a crucial year for cities and regions looking to secure vital capital investment to support building and regeneration projects.” 


MIPIM 2023 will look at the most pressing challenges facing the industry, notably those brought on by recent global events, driving change through leadership, the innovation needed to reshape the housing markets and environments, and how to bring the pieces together to do what now needs to be done. 

The MIPIM Awards show, which will be taking place at the Palais des Festival’s Grand Auditiorium from 6.30pm on 16th March, will be giving recognition to projects that “seek to enhance the built environment’s prospects, in line with ESG (environmental, social and governance) goals”.  

Some of the categories include Best Alternative Project, Best Mixed-Use Project, Best New Development, Best Refurbished Building and Best Urban Regeneration Project. There are 43 visionary finalists vying for the prizes, all using eco-friendly tools and approaches to their work.  


This year, MIPIM is launching a new Road to Zero area, which hopes to speed up the switch of the real estate world towards a more sustainable model. The 400m2 space will combine exhibition, networking and conference areas with a focus on practical methods to limit carbon emissions in the real estate industry.

For more information, please click here.  


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Photo source: MIPIM