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Day: 28 October 2024

Marking 40 years: all the events at the Princess Grace Irish Library in November

by: Niki Borisova
28/10/2024

Monaco’s Princess Grace Irish Library is set to celebrate its 40th anniversary next month with a series of cultural events, including a theatre event organised by the Monaco-Ireland Arts Society and a musical luncheon.

As the Princess Grace Irish Library prepares to celebrate its 40th anniversary on 20th November, the cultural hub has organised several engaging events commemorating its heritage and the enduring connections between the Emerald Isle and the Principality.

On 7th November, the Monaco-Ireland Arts Society, which is celebrating its own 30th anniversary this year, will present a theatre performance at the library from 7pm. This collaboration will feature poetic readings inspired by Irish literature. For more information, click here.

As the library approaches its anniversary, it is preparing to release a commemorative volume celebrating its 40 years of service. This 128-page book, which chronicles the institution’s history since its inauguration by Prince Rainier III in honour of Princess Grace, will be released in a limited edition, with a digital version available for free on the official anniversary date.

Then, a lunchtime celebration supported by the Stelios Philanthropic Foundation and featuring Irish music performed by Dr. Fintan Vallely has been scheduled for 12.30pm on 20th November. For more information, click here.

 

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Photo by Monaco Life

Basketball: Roca Team return to winning ways with a solid victory against Nancy

by: Stephanie Horsman
28/10/2024
monaco nancy

After a disheartening defeat at the hands of Paris Basketball just two days prior, the Roca Team rallied in time to achieve a deserved victory in an away game against Nancy over the weekend.

It was a focused Monaco side—and a team keen to shake off a bruising EuroLeague defeat at home—that hit the court in Nancy’s Palais des Sports Jean Weille de Gentilly for the Betclic Elite game on Saturday 26th October.

After a slightly slow start, AS Monaco Basket got it together towards the end of the first quarter, coming within three points of their rivals. By the second quarter, they had accelerated further, breaking through Nancy’s defence and going into halftime with a comfortable 34-47 lead.

The break didn’t disrupt their momentum, and Monaco kept up the pressure in the second half, leading in both remaining quarters and finishing with a final score of 77-98.

It was a standout night for top scorer Elie Okobo, who added 18 points to Monaco’s total. He was closely followed by Alpha Diallo with 17 points, John Brown with 16 and Mam Jaiteh with 15.

AS Monaco Basket currently sits in seventh place in the Betclic Elite and Turkish EuroLeague standings, and there are a series of challenging games ahead in both leagues.

The team will be on the road for their next four games. They will meet Belgrade’s Partizan on 30th October, Lithuanian powerhouses Zalgiris Kaunas on 1st November, BCM Gravelines Dunkerque on 3rd November and Anadolu Efes in Istanbul on 8th November, before finally returning home to play JDA Dijon on 10th November.

For more information on the upcoming games or to reserve tickets, click here.

Read related:

Basketball: Roca Team’s unbeaten EuroLeague home streak broken by Paris Basketball

 

Monaco Life is produced by real multi-media journalists writing original content. See more in our free newsletter, follow our Podcasts on Spotify, and check us out on Threads,  Facebook,  Instagram,  LinkedIn and Tik Tok.

 

Photo credit: AS Monaco Basket

Spanish team clinches back-to-back Monte-Carlo E-Rally victory

by: Cassandra Tanti
28/10/2024

Spanish champions Eneko Conde and Lukas Sergnese secured a back-to-back win at the 8th Monte-Carlo E-Rally. Prince Albert II celebrated with the winners, including his niece Camille Gottlieb, who also triumphed.

Over three intense days of competition, the pair dominated the rain-slicked roads of the Alpes-Maritimes, overcoming weather challenges that forced event organisers to cancel the final four stages due to an orange alert. This achievement makes Conde and Sergnese the first team to claim back-to-back victories since the rally’s inception in 2016.

Despite difficult conditions, the rally effectively highlighted the advancing capabilities of electric vehicles. Each day, the 40 electric models representing 18 manufacturers covered impressive distances of 250 to 300 kilometers without recharging, a testament to the resilience and evolution of battery technology.

Along the route, local spectators gathered in towns and villages to witness the impressive lineup.

The winners of the 8th Monte-Carlo E-Rally. Photo source: ACM

The 8th Monte-Carlo E-Rally not only marked a win for Spanish champions Eneko Conde and Lukas Sergnese, but also celebrated a standout performance from Camille Gottlieb, niece of Prince Albert II of Monaco. On Saturday 26th October, Gottlieb took the top spot in the ‘Trophée Enliten FIA Ecorally 2024’ with her co-driver Margaux Grundstein. Behind the wheel of her Volvo C40, Gottlieb competed with determination and purpose, showcasing both her driving skills and her commitment to promoting safer roads through her association, Be Safe.

See also: Camille Gottlieb and Black Sirius team shine spotlight on Be Safe at E-Rallye Monte-Carlo

The rally concluded with an award ceremony at the iconic Hôtel de Paris, followed by a celebratory reception at the Prince’s Collection Museum. Prince Albert II himself joined participants for an informal coffee, generating a sense of camaraderie and highlighting the role of events like the Monte-Carlo E-Rally in promoting innovation and sustainability in transport.

Monaco Life is produced by real multi-media journalists writing original content. See more in our free newsletter, follow our Podcasts on Spotify, and check us out on Threads,  Facebook,  Instagram,  LinkedIn and Tik Tok.

Main photo: H.S.H. Prince Albert II of Monaco and the winners of the E-Rally Monte-Carlo. Source: ACM

New legal regulations for Monaco-based companies and Economic Interest Groups

by: Stephanie Horsman
28/10/2024
sea index

In a bid to enhance transparency and accountability, the Monaco Government has announced new legal requirements for businesses and economic interest groups operating in the Principality. Under the revised corporate laws, all Monaco-based companies and Economic Interest Groups must now appoint a designated representative responsible for overseeing essential company information and ownership records.

Recent changes to Monaco’s corporate law have brought about new registration requirements for commercial companies and economic interest groups (GIEs) listed on Monaco’s Trade and Industry Register.

These provisions involve various legal structures, including limited liability companies (SARL), public limited companies (SAM), limited partnerships (SCS), general partnerships (SNC), limited partnerships with shares (SCA), Economic Interest Groups (GIE) and foreign companies operating as Societas Europaea (SE).

A key requirement is the designation of a person responsible for maintaining the company’s basic information and details of beneficial ownership. This role can be held by one individual overseeing both categories or can be split between two designated persons.

The range of eligible candidates for this responsibility includes partners, shareholders, managers, staff members and, specifically for GIEs, members from associated legal entities.

Importantly, these designated individuals must reside in the Principality. If no such person is available, professionals from Monaco’s legal and financial sectors can assume the role. This list includes lawyers, trainee lawyers, chartered and certified accountants, notaries, corporate service providers, legal advisors and multi-family office representatives.

The registration process is free and involves completing forms provided by Monaco’s Economic Development Department. More details and links to the necessary documents are available on the Principality’s official business portal: www.monentreprise.gouv.mc.

Read related:

Free financial compliance training offered to Monaco-based professionals

  

Monaco Life is produced by real multi-media journalists writing original content. See more in our free newsletter, follow our Podcasts on Spotify, and check us out on Threads,  Facebook,  Instagram,  LinkedIn and Tik Tok.

 

Photo by Monaco Life

Princess Charlene opens European swimming event in Monaco

by: Cassandra Tanti
28/10/2024

This past weekend saw Monaco’s Centre Nautique Albert II abuzz with energy as Princess Charlene hosted the second annual Princess Charlene European Swimming Meet.

Organised by the Monaco Special Olympics, the event is dedicated to athletes with intellectual disabilities and brought together over 200 elite competitors from across Europe. Among the contenders was Monaco’s own Clément Collon, who, with a career full of medals across swimming and judo, admitted he’s “lost count of the medals” he’s amassed since beginning his athletic journey as a child.

Photo credit: Philippe Fitte

Princess Charlene, honorary president of Special Olympics Monaco since 2012, officially inaugurated the event that bears her name.

Her presence highlights Monaco’s longstanding commitment to the Special Olympics, which was first established in the United States in 1968 before expanding to Europe in 1980. Monaco was one of the first nations to participate, supporting a mission of inclusion and opportunity for individuals with intellectual disabilities through sport.

Princess Charlene officially inaugurated the second edition of the event. Photo credit: Philippe Fitte

Months of preparation and the dedicated efforts of around 100 volunteers brought this event to life. With its focus on athletic excellence and community support, the Princess Charlene European Swimming Meet once again served as a powerful reminder of the impact that sport has on fostering inclusion and celebrating individual achievements.

Monaco Life is produced by real multi-media journalists writing original content. See more in our free newsletter, follow our Podcasts on Spotify, and check us out on Threads,  Facebook,  Instagram,  LinkedIn and Tik Tok.

Photos credit: Philippe Fitte

 

New ambassadors from Burundi, Serbia and Nepal welcomed in Monaco

by: Stephanie Horsman
28/10/2024
ambassador monaco

Prince Albert II and Isabelle Berro-Amadei, the Principality’s Minister of Foreign Affairs and Cooperation, have formally welcomed a distinguished diplomatic trio from Burundi, Serbia and Nepal, marking a new chapter in these nations’ missions to Monaco.

Monaco’s latest ambassadors have officially been installed in their new posts following key meetings with the Prince. Isaïe Kubwayo of Burundi, Ana Hrustanovic of Serbia and Nepal’s Sudhir Bhattarai each presented their letters of credence to Prince Albert on the morning of Friday 25th October, before enjoying a celebratory lunch with Monaco’s Minister of Foreign Affairs and Cooperation, Isabelle Berro-Amadei, at the Hôtel Hermitage.

Burundi’s Isaïe Kubwayo began his career as an educator before advancing to senior roles at the University of Burundi and as a consultant to the Inter-Parliamentary Union in Geneva. His diplomatic path led him to Paris as First Counsellor for the Embassy of Burundi, then to Morocco as Ambassador. Now representing Burundi in France, Portugal and Spain, he brings a wealth of experience to his current roles.

See more: Monaco’s Foreign Affairs Minister on diplomatic mission in Burundi

Serbia’s Ana Hrustanovic transitioned from journalism to the public arena as a public relations coordinator at Serbia and Montenegro’s Ministry of Defence in 2004. Her diplomatic expertise deepened with her role as First Counsellor to the Serbian Embassy in Rome, followed by a term as Ambassador to the European Union in Brussels. She extended her ambassadorial reach to France in 2024 and has now landed in Monaco.

Sudhir Bhattarai has long been a career diplomat. A physicist by training, he embarked on his journey within Nepal’s Foreign Service in 1995. His previous postings include serving as First Secretary at Nepal’s Permanent Mission to the United Nations in New York, followed by an appointment in Saudi Arabia. From 2017 to 2021, he represented Nepal’s interests in Belgium and with the European Union. Now positioned as Nepal’s Ambassador to France and Andorra and as the Permanent Delegate to UNESCO, he continues his diplomatic journey with an additional role in the Principality.

Read related:

Four new ambassadors from Cyprus, Sri Lanka, Cambodia and Ethiopia take office in Monaco

 

Monaco Life is produced by real multi-media journalists writing original content. See more in our free newsletter, follow our Podcasts on Spotify, and check us out on Threads,  Facebook,  Instagram,  LinkedIn and Tik Tok.

 

Photo credit: Manuel Vitali / Monaco Communications Department