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Month: October 2024

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

 

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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 

F1: Late-stage slip costs Leclerc second place in Mexico

by: Elsa Carpenter
28/10/2024
leclerc mexico 2024

Just a week on from Ferrari’s one-two finish in Austin, the team’s two drivers were back on the podium in Mexico City on Sunday. Though an error in the final stages cost Charles Leclerc P2, the Monegasque ran a good race and picked up an additional point by driving the fastest lap, despite having to settle for third place overall.

Sainz had qualified in P1, while Leclerc started the Mexican Grand Prix on Sunday 27th October from the second row in P4. As in the US Grand Prix a week earlier in Austin, the Ferrari drivers were joined at the front of the grid by Red Bull’s Max Verstappen, who took the initial lead once racing began, and McLaren’s Lando Norris.

A safety car was sent out on Lap 1 after a collision between Yuki Tsunoda and Alexander Albon, and clear racing didn’t resume until Lap 7. Realising his only chance of getting past Verstappen would be a surprise attack, Sainz got ahead of the Red Bull in a braking zone on Lap 9 and took the lead.

A battle ensued between Verstappen and Norris, with the Dutchman picking up two 10-second penalties for forcing his rival in the Drivers’ Standings off the track and for leaving the track himself and gaining an advantage. Leclerc capitalised on the incident to soar past them both, moving up from fourth to second.

The two Ferraris gradually pulled away from the pack, creating enough space between themselves and the rest of the drivers to pit and rejoin without compromising their positions.

By Lap 52, however, Norris was hot on Leclerc’s heels and began his chase. An error by the Monegasque 10 laps later, when he went wide on the final corner, allowed the McLaren to get ahead, costing Leclerc his second place.

But the race was far from over for the 27-year-old, and with plenty of space between Leclerc and Mercedes’ Lewis Hamilton, the Monegasque zipped back into the pits for a fresh set of tyres and headed back out to earn the fastest lap of the race.

Leclerc embraced the atmosphere of the Mexico Grand Prix in the run-up to the race. Photo credit: Scuderia Ferrari Media Centre

Sainz enjoyed a comfortable victory and was joined on the podium by Norris in P2 and Leclerc in third.

The points have allowed Ferrari to move up to second place in the Constructors’ Standings, overtaking Red Bull. Ferrari now has 537 points to McLaren’s 566. Leclerc is third in the Drivers’ Standings, with 71 points between him and rankings leader Verstappen.

“It was a difficult race, and I think P3 was the best we could do, having spent the weekend a bit on the back foot,” said Leclerc in the aftermath of the race. “The first stint was all about managing the tyre temperatures, which was not easy. After that, I just had to bring it home and maximise the points we scored as a team. It was a good race for Carlos and a nice points haul for the team, which has been working really well, coming back to the level we want to be at, which is amazing to see. Our target is still to fight for the Constructors’ title, and we are getting closer thanks to weekends like the last two. Now on to the final race of this triple header, where we will push to keep up this momentum.”

The grid will now head to Brazil for the 2024 São Paulo Grand Prix on 3rd November.

Read related:

Charles Leclerc gets his wings in new ‘Supersonique’ documentary

 

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: Scuderia Ferrari Media Centre