Football: Folarin Balogun fires Monaco into European places

Balogun and his teammates celebrate taking the lead against Brest as the Stade Louis II

AS Monaco continued their excellent run in Ligue 1 with a controlled 2-0 win over Brest on Saturday night, a result that lifts the Principality club into the European places. 

As SĂ©bastien Pocognoli said at the midway point of the season, the club’s disastrous first half of the campaign left a big margin for improvement in the second. The turnaround in recent weeks has bordered on the miraculous when you consider what came before. Les MonĂ©gasques are now unbeaten in their last eight games in the league, have won their last five, and have taken 20 points from a possible 24.

These matches are the ones that have often tripped Monaco up. There was understandable euphoria last Friday when Pocognoli’s men stormed the Parc des Princes, scoring three goals and taking all three points away to reigning European champions PSG. But backing that up at the Stade Louis II against a side that they are ‘expected’ to beat has been a shortcoming for this Monaco side, not just this year.

Balogun and Monaco clinical

Perhaps that undersells Saturday night’s clash. Pocognoli sought to highlight that the game was “the headliner of the gameweek”, one contested between Ligue 1’s two most in-form sides. He was right. No teams have registered more points than Monaco and Brest over the past six gameweeks. Even if they still linger in midtable, Brest’s confidence showed in the opening exchanges. “We started the match in the way that we wanted,” reacted Eric Roy.

Consequently, it took Monaco time to play themselves into this match, but once they did, the reward was immediate. After 15 minutes of being hassled and harried into errors by a high-pressing Brest side, the Principality club built their first period of pressure and netted at the end of it. It was Balogun who continued his hot streak, netting in his fourth consecutive game in Ligue 1, after pouncing onto a loose ball inside the Brest box.

A second could have followed had Maghnes Akliouche done better with a sumptuous inswinger from Aladji Bamba, but he clumsily kneed wide. When Éric Junior Dina Ebimbe failed to convert a glorious chance moments later, it was a reminder of how fragile their lead was. It remained that way and incited Pocognoli to make attacking changes around the hour mark, despite his side defending a lead. His choice was justified when Aleksandr Golovin rifled into the roof of the net following a move involving two of Pocognoli’s substitutes, Mika Biereth and Mamadou Coulibaly.

Roy regretted that his side didn’t shoot enough, despite creating the conditions to do so, and it took until the 82nd minute for Brest to register their first shot on target. They didn’t do enough to take any points back to Brittany, quite simply, relative to a Monaco side that, even when leading, chased another goal.

“We want to climb up the table” – Faes

“In the 60th minute, we felt that there were signs that we needed to add some fresh legs,” said Pocognoli, and it was his defensive substitutions after the second goal that helped “kill all hope for Brest,” added the Monaco manager, who was once again grateful for Balogun’s contribution. “He is simply reaping the fruit of his hard work. He is ambitious, focused, professional… he has a lot to play for between now and the end of the season, and in the summer [at the World Cup],” he said.

Pocognoli repeated the “feet on the ground” mantra, despite the run. “We are coming from a long way back,” he said. “We know where we’ve come from,” added Wout Faes, who nonetheless added that Monaco can now “be ambitious.”

“We want to climb up the table; that is clear. We haven’t set ourselves an objective, but we are looking at ourselves first and foremost,” said the Belgian. With matches against direct rivals Lyon and Marseille coming up, Monaco’s fate is in their own hands, a scenario that felt improbable just a matter of weeks ago.

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Photo source: AS Monaco

Watch: Inside the transformation of Monaco’s first high-rise, Le Schuylkill

It rose above Monaco’s skyline in 1963 as the Principality’s first high-rise residential building. Today, Le Schuylkill is undergoing an ambitious €185 million transformation. Go behind the scenes of the renovation in this exclusive tour with Monaco Life’s Cassandra Tanti and the architects leading the project, Zaha Hadid Architects.

To watch the report, click on the video below…

This video was written, produced and presented by Cassandra Tanti. Video footage by Cassandra Tanti, with renderings provided by Zaha Hadid Architects. 

 

 

 

Women of Monaco Awards celebrate female achievement across the Principality

More than 70 women gathered at the Yacht Club de Monaco on Thursday 12th March to celebrate the fifth edition of the Women of Monaco Awards, recognising female achievement across eight fields from sport and fashion to philanthropy and the arts — and raising €15,000 for the Fondation Princesse Grace in the process.

The exclusive annual lunch, organised by Five Stars Events on the initiative of Sandrine Knoell and supported by Barclays Private Bank, also marked the third anniversary of the Women of Monaco Club, which Sandrine Knoell founded in March 2023 as an English-language network for women connected to Monaco through residence, professional activity, education, philanthropy or the arts. Members join by sponsorship and share, in Knoell’s words, a genuine desire to support one another.

“I believe it is essential that women in Monaco feel part of a supportive community where they can learn, share, and grow together,” she said. “For many women who are new to Monaco and may not yet speak French fluently, the Club offers an inclusive space to connect and participate.”

It was a full house at the 2026 Women of Monaco Awards as more than 70 women came together to celebrate women

The awards

The Women of Monaco Awards 2026 recognised women across eight categories. The winners were Francesca Agostinelli (Media), Katerina Stassinopoulos (Philanthropy), Anna Marmorale (Health), Olga de Marzio (Art), Anna Hu (Entrepreneur), Isabel Fargnoli (Fashion), Susie Wolff (Sport) and Louise Debeaumont (Youth Talent).

Princess Caroline of Hanover received the Diamond award for her devotion to culture, education, and the advancement of women through the arts.

Aude Berrin, Barclay’s Private Wealth Management, spoke about women and wealth.

Barclays on women and leadership

Aude Berrin from Barclays Private Bank delivered a speech on ‘Women & Wealth: The Power of Purpose, Leadership, and Community’. In remarks addressed to those gathered, she said: “The Women of Monaco Club exemplifies what happens when the women of Monaco unite to support one another. Your stories, your successes, your resilience are not only inspiring — you are building a legacy for Monaco and beyond. Today’s awards remind us that leadership wears many faces.”

Partners and programme

The lunch also featured a showcase from Arije, the high-end watchmaking and jewellery maison with boutiques in Monaco, Paris, Cannes and London, which joined the event as a new partner. A fashion presentation by Biancaneve Bridal Boutique, produced by Fashion Business Lab in collaboration with CoolBay Monaco, also formed part of the afternoon.

The event was supported by Explora Journeys, Clinique La Prairie, CoolBay Monaco and artist and designer Agneta Livijn.

In total, €14,500 was raised for the Princess Grace Foundation.

All photos courtesy of Five Stars Events

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Monaco Investment International Forum returns for fifth year

The Monaco International Investment Forum is returning once again at the Yacht Club de Monaco from 18th to 19th March for the fifth consecutive year.

The two-day event draws investors, entrepreneurs and finance professionals to hear company pitches, attend panel discussions and meet potential partners.

Attendance, however, is very selective, with organisers carefully scanning through both companies and individuals before granting access. More than 400 guests are expected attend per day.

Day one programme: Investment presentations

The first day focuses on venture capital, private equity and alternative assets.

Following a welcome speech and pitch overview from 9:30am, company presentations run through the morning and afternoon with a business lunch at midday.

Among the companies expected to be present are Alcenza Properties, Ambassadori Island, Averell, Bombardier, Cayman Summit, Venegas International, BitGet, R-Evolution and Eywa.

Forum activities wrap up at 5pm, with a gala dinner following in the evening for invited guests.

Day two schedule: Panels and debate

The second day opens with a panel on bridging private and public markets, followed by a keynote on private jet ownership.

Further sessions are expected to cover estate investment trends, family office strategy across generations, and the practical realities of digital transformation.

Two afternoon keynotes will address investment opportunities in the defence and maritime sectors, and the risks and opportunities around data security.

The day closes with the fifth edition of the Monaco PropTech Symposia, run in partnership with the Princely Government under the theme ‘Accelerator of Innovation and Growth in Real Estate’, before a farewell cocktail from 7pm.

Last year’s Monaco edition brought together representatives from over 50 companies across 21 nationalities.

A separate event held in Dubai in November 2025, the forum’s first outside Monaco, attracted more than 450 guests. The forum has since announced a second Dubai edition for November 2026.

More information and registration details can be found at the forum’s website.

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Main photo credit: Monaco International Investment Forum

E-Rallye Monte-Carlo suspended after 30 years

The Automobile Club de Monaco (ACM)  has announced it is suspending the 2026 edition of the E-Rallye Monte-Carlo, an event that dates back to 1995.

The race, which had been due to take place from 14th to 17th October 2026 and was included in the Bridgestone FIA ecoRally Cup calendar, will not go ahead as planned. Organisers say the decision follows a strategic review of the event’s future direction.

The reason behind the suspension

The ACM says it wants to wait for new advances in electric and alternative energy technology before bringing the competition back. Eric Barrabino, General Commissioner of the ACM, said the club now feels the moment calls for a pause rather than pressing ahead.

“As pioneers in the promotion of electric rallying since the mid-1990s, the Automobile Club de Monaco now wishes to wait for the development or emergence of new energy solutions before reintroducing this competition to the event calendar,” he said.

Since its founding in 1995, the E-Rallye Monte-Carlo has grown into one of the most recognised regular competitions for electric and alternative-energy vehicles in the world, attracting one of the largest fields in the discipline.

Jacques Rossi, President of the ACM’s Electric and New Energies Commission, called it “an international reference in regularity competitions dedicated to 100% electric and alternative-energy vehicles, bringing together one of the largest line-ups in the discipline.”

Not the end of the road

The ACM, however, has stressed that the suspension does not signal a retreat from its environmental commitments. A review is currently under way to assess how and when the event might return. Barrabino added: “This suspension does not call into question the Automobile Club de Monaco’s commitment to sustainable mobility or its desire to promote innovations related to the energy transition.”

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Main photo credit: Monaco Life

Nice among only two major French cities with improving finances, new study reveals

Nice has emerged as one of the few major French cities to stabilise and even improve its financial position over the past decade, according to a new analysis by the Institut Montaigne, which found that most of the country’s largest urban centres are facing deteriorating municipal finances.

A study by the Institut Montaigne examining the finances of France’s 12 largest cities has found that the majority have seen their fiscal health weaken over the past decade. Among the country’s principal urban centres, only Nice and Montpellier managed to stabilise or improve their financial situation, while cities including Paris, Marseille and Rennes experienced a downturn.

The report comes as France prepares for its next municipal elections and provides a comparative snapshot of how the country’s biggest cities have managed public finances during the past mandate.

Financial recovery after earlier lows

According to the analysis, Nice has recorded a notable improvement in its finances after reaching low points in 2014 and 2019. By 2024, the city achieved an overall financial health score of 5.7 out of 10, slightly above the average of 5.6 for the 12 cities studied.

Researchers attribute the improvement largely to tighter control of operating costs and a gradual stabilisation of municipal debt. The city’s debt repayment capacity fell from around 11 years in 2019 to 6.8 years in 2024, a level considered below the prudent threshold used in public finance analysis.

Spending control and targeted investment

The study highlights that Nice has managed to keep the growth of its operating expenditure lower than many comparable cities. Between 2019 and 2024, spending increased by roughly 4%, well below the 15% average recorded in other large municipalities during the same period.

At the same time, the city has increased investment spending, particularly in equipment and infrastructure, with investment reaching €204 million in 2024. Despite this increase, spending per resident still remains below the average for the cities analysed.

Higher taxes remain a key factor

However, the report also notes that part of Nice’s financial recovery has relied on rising tax revenues. Local taxation accounted for 61% of the city’s operating income in 2024, a higher share than the average among the major cities examined.

As a result, Nice is among the cities with the highest fiscal pressure in the study, reflecting both increased tax rates and a strong local tax base linked to the city’s economic attractiveness.

A more stable outlook than most large cities

While the researchers caution that the improvement must still be confirmed over the coming years, Nice’s financial trajectory contrasts sharply with that of many other major French cities, where debt levels and fiscal pressures have continued to rise.

According to the Institut Montaigne, the overall picture across France’s largest municipalities is one of growing budgetary strain, making Nice one of the few large cities currently showing signs of financial stabilisation.

The findings come just days before voters head to the polls in Nice’s upcoming municipal elections, scheduled for 15th March, with a second round set for 22nd March if no list secures an outright majority. Incumbent mayor Christian Estrosi is seeking another term after nearly two decades at the helm of the city, facing a high-profile challenge from Éric Ciotti, the Alpes-Maritimes deputy and former leader of the conservative party The Republicans. The vote is expected to be closely watched across the region as candidates debate the city’s economic direction and financial management.

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Main photo of Nice by Cassandra Tanti