Monaco Life

Monaco’s long history of land reclamation

With Monaco’s newest district Mareterra to be delivered within the year, Monaco Life explores the history of land reclamation in a nation with an ever-changing landscape.  

Monaco is the second smallest sovereign state in the world, and is the most densely populated, meaning that space will always be at a premium.  

But the Principality, despite its diminutive size, is a creative, innovative and inventive place that doesn’t let itself be held back and has been toying with the concept of land reclamation as far back at the 1880s. 

See more: The mighty Mareterra to become a reality sooner than expected 

Over the years, Monaco has gone to extraordinary lengths to ensure that there was enough room to accommodate all who wanted to live within its borders, but it wasn’t until the 20th century, and the rule of Prince Rainier III, that this approach really took hold.  

Photo of Larvotto beach, the Grimaldi Forum and the new Mareterra district, by Monaco Life

LARVOTTO 

It’s hard to imagine Monaco without Larvotto Beach, but until the late 1950s, it was little more than a stretch of rugged coastline. Seeing the need for more housing and amenities if his nation was to continue to attract the kind of residents and clientele he wanted, Prince Rainier, who was quickly earning his later moniker of the ‘Builder Prince’, embarked upon an audacious plan.  

Between 1954 and 1961, the government’s Larvotto reclamation project added an impressive 54,000m2 to the country’s eastern end and 35,000m2 to the Portier section, which is now merging with the Mareterra development.  

The project included the creation of the large artificial beach that is still enjoyed today, as well as the future sites of the Grimaldi Forum, Le Sporting and the Auditorium Rainier III. 

It was Prince Rainier’s own vision to take the railway underground; a dream he achieved over four decades. Photo by Monaco Life

UNDERGROUND RAILWAY 

A smaller, but still significant recapturing of space came when Prince Rainier and his minister of state, Jacques Rueff, decided to take the railway connecting Monaco with the rest of the Riviera underground.  

See more: ‘The Prince’s Vision’: the tale of Rainier III and his First Minister Jacques Rueff 

Digging began in 1954 and was completed in 1964. In a speech officially opening the new track, Prince Rainier told the crowd gathered: “The tunnelling of the railway was an absolute necessity if we wanted to trigger and carry out major urbanisation and development operations in the various districts of the Principality.” 

Three decades later and Prince Rainier had fully realised his dream for the travel network, with the completion of the train station below ground in 1999. 

Fontvielle as we know it today. Photo credit: Remo Hellequin, Unsplash

FONTVIEILLE 

Almost immediately after the Larvotto district was finished, Prince Rainier’s eye drifted to the west of the Principality: the neighbourhood we now know as Fontvieille. 

This was to be another land reclamation project on the coast, but there were some considerable challenges facing the Prince and his engineers as here, unlike in Larvotto, the seafloor fell to a depth of up to 40 metres.  

In 1965, a pioneering French-Italian-Swiss group called SADIM began cleverly constructing dykes to contain the sea and then the interior space was drained. The project, which was completed in 1971, created over 220,000m2 of usable land and a 55,000m2 marina, which was all protected from storms and swell by a vast one-kilometre seawall.   

The new district not only gave Monaco a massive canvas for constructing new housing, but it also gave the Principality the opportunity to bolster its economic activity. The quartier became home to the Fontvieille Shopping Centre, the Stade Louis II and numerous businesses and hotels. Today it continues to be the economic hub of Monaco.  

Mareterra is due to be delivered within the year. Photo by Monaco Life

MARETERRA 

Fast-forward to today and the Principality is on the cusp of completing Prince Albert II’s own great land reclamation scheme, Mareterra. When finished in 2024, it will increase Monaco’s size by 3%, adding nearly six crucial hectares of terrain to the nation.  

Mareterra will be, according to the developers, “A largely pedestrianised district that encompasses a lushly planted park, an elegant waterfront promenade, a small port, underground parking and both residential and retail offerings.”  

It is also to be wildly eco-friendly in design and construction to add to the cool quotient.  

Read more: 

The mighty Mareterra to become a reality sooner than expected

 

Join the Monaco Life community – the largest English media in the Principality.  

Sign up for the Monaco Life newsletter, and follow us on  Facebook, Instagram  and  LinkedIn.    

 

Main photo by Monaco Life

Continue reading →

Prince Albert II calls for stronger indigenous representation at the Forests and Communities Initiative

At the very first gathering of the Forest and Communities Initiative, Prince Albert II of Monaco led the charge in calling for an increased presence of indigenous voices in the fight against deforestation, as well as better recognition for native peoples’ knowledge.

Held between 21st and 23rd November in Monaco, the inaugural meeting of the Forests and Communities Initiative attracted participation from more than 100 international experts, scientists and stakeholders, as well as representatives from indigenous and local communities from key forest heartlands across the globe.  

The focus of the event was “inclusive forest conservation” and how current approaches to tackling deforestation can be improved by better integrating the indigenous voice. 

The conference united more than 100 people from around the world for three insightful days of discussion and debate. Photo credit: Fondation Prince Albert II de Monaco

“The conference emphasised the need for a holistic approach, recognising indigenous knowledge, promoting a rights-based and gender-just framework, aligning environmental laws, and rethinking funding and governance,” said organisers following the event. 

Prince Albert opened the conference, with frank comments that addressed the issues at hand head on.  

“The situation is getting worse with each year passing, as everyone in this room here knows,” he said. “The forests have been affected. Their surface areas have declined continuously and dramatically over the last few years in many areas of the world.” 

Prince Albert II has called for “effective conservation strategies” that involve indigenous peoples and their unique insights. Photo credit: Fondation Prince Albert II de Monaco

The Prince made a strong argument in favour of involving indigenous people in the pushback against unnecessary deforestation, and called for “effective conservation strategies” to be put in place.   

“Despite our best efforts and actions, our tools are insufficient to avert the degradation for which were are responsible,” he said. “We have to acknowledge this, and we have to acknowledge that local communities and indigenous peoples have not been part of these strategies.” 

Chiefs and representatives from tribes in forest heartlands around the world travelled to Monaco for the event. Photo credit: Fondation Prince Albert II de Monaco

DOCUMENTARY PREMIERE 

Another key part of the conference event was the exclusive screening of the Brazil episode from a new documentary series, Gardiens de la Forêt, at the Grimaldi Forum. Local Amazonia representative Benki Piyãko attended the premiere alongside its producer, Muriel Barra.  

The series will hit the Arte network on 9th December, but will be available online from 2nd December. Click here for more information.  

Read related:

Grimaldi Forum to host free public screening of ‘Gardiens de la Forêt’ documentary

 

Join the Monaco Life community – the largest English media in the Principality.  

Sign up for the Monaco Life newsletter, and follow us on  Facebook, Instagram , LinkedIn  and Tik Tok. 

 

Photo credit: Fondation Prince Albert II de Monaco

Continue reading →

Rugby: Monaco U16 Sevens side on tour in South Africa

Earlier this autumn, 15 Sevens players from Monaco’s U16 side headed to South Africa as part of an exchange programme made possible by the Princess Charlene of Monaco Foundation.

Sport is a great uniter, and from 29th October to 5th November, 15 Monaco Sevens players under the age of 16 travelled from the Principality to South Africa for a week of training sessions and matches with local players. 

The trip was about more than just rugby, however. It was also a chance for the young Monegasques to meet and interact with children from another culture and another way of life, some of whom they may have meet at the beginning of 2023, when a South African delegation flew to Monaco for the Sainte Dévote Tournament.  

See more: Rugby: South African team wins Sainte Dévote Tournament

A few days in Johannesburg  

The first leg of the most recent trip was spent getting to know Johannesburg. Of particular interest was a visit to the Kevin Richardson Foundation Reserve about an hour outside the city, where lions, leopards and hyenas rescued from captive-breeding and cub-petting facilities live out their days in a stress-free environment. 

In April 2024, it will be the turn of the Monegasque side to host their South African friends in the Principality. Photo credit: Shaun Roy / Princess Charlene of Monaco Foundation

Then to Cape Town  

The team then moved on to Cape Town, where they witnessed the struggles many children have to endure and overcome in order to get an education by meeting with a local organisation, the Atlas Charity.  

“One of the goals of these trips is to allow the children to come into contact with other populations and cultures,” said Thierry Danthez, the Vice-President of the Fédération Monégasque de Rugby. “This is the basis of the project, it is not only about playing rugby, but also about meeting other people and realising their difficulties.”  

A fair bit of rugby was, of course, on the cards and the Monegasque side enjoyed a series of matches while in Cape Town.  

“We played in a township against very disadvantaged children. It was quite striking, and our young people were surprised to see them always smiling, whatever the situation, even though their daily life is not all rosy,” said Danthez.  

The U16s later played against local private schools in the Winesland Tournament, where they were victorious.   

South Africa in Monaco 

The hospitality shown to the Monegasque visitors will not go unreciprocated, with a group from South Africa already planning a trip to Monaco next April for the Sainte Dévote Tournament.  

 

Join the Monaco Life community – the largest English media in the Principality.  Sign up for the Monaco Life newsletter, and follow us on  Facebook, Instagram , LinkedIn  and Tik Tok. 

 

Photo credit: Shaun Roy / Princess Charlene of Monaco Foundation

Continue reading →

Princess Charlene and twins mark World Children’s Day in Monaco

Princess Charlene and her children Prince Jacques and Princess Gabriella have taken part in activities marking World Children’s Day, together with the Princess of Hanover.

The Mairie de Monaco organised a series of activities with the Monaco Government in the Princess Antoinette Park.

Princess Charlene is given a flower bouquet by one of the children participating in the World Children’s Day activities in Princess Antoinette Park. Photo credit: Éric Mathon / Palais Princier

It was held as part of World Children’s Day on 20th November, the aim of which is to improve child welfare worldwide, promote and celebrate children’s rights and promote togetherness and awareness amongst all children.

Princess Gabriella with other children taking part in the day’s activities. Photo credit: Éric Mathon / Palais Princier

Children in Monaco were invited to take part in a range of activities, and were delighted at the presence of Monaco’s Princess and her children.

“On World Children’s Day we make space for children and young people to raise their voices on the issues that matter to them. By prioritising children’s rights and participation, we can help to build a better future for all,” says UNICEF, initiator of the annual day of action fo children.

Join the Monaco Life community – the largest English media in the Principality.  Sign up for the Monaco Life newsletter, and follow us on  Facebook, Instagram , LinkedIn  and Tik Tok.

Main photo credit: Éric Mathon / Palais Princier

 

 

Continue reading →

A walk through the treasure trove of Swiss-inspired chalets on Avenue de Monte-Carlo

Christmas has started early down on the Avenue de Monte-Carlo, where dozens of Swiss-style chalets selling a festive fusion of culinary delights and gifts have already sprung up. 

As the holiday season approaches, the Avenue de Monte-Carlo beneath the famous Casino de Monte-Carlo has been transformed into a Swiss-inspired retreat replete with wood-clad chalets and seasonal treats galore.  

Over the next few weeks, chefs from Société des Bains de Mer’s top restaurants will be leading the way with a range of tasty culinary offerings, from pastries and Viennoiseries to decadent chocolates. Macarons by Pierre Hermé, the famous French confectioner, are also available to purchase at a dedicated stand.  

Pick up a selection of delicious macarons from Pierre Hermé or sample some Alpine staples at the Komo restaurant chalet. Photo by Monaco Life

For fans of the savoury over the sweet, make sure to stop by at the Komo sponsored chalet, which is serving up mountain specialties like raclette and mulled wine, with a few delicious lobster rolls thrown in too.  

In another part of the market, the so-called ‘My Sweet Avenue’ chalet can help visitors put together their own luxury hampers with a personalised gift experience, while other presents for loved ones can be picked up at the Terres Dorées chalet, known for its perfumes, soaps, candles and home sprays, or the boutique-style chalet featuring dresses and jewellery by Isabell Kristensen. 

The chalets are welcoming visitors between 10am and 7pm every day until 14th December. From 15th to 24th December, the hours will switch to 12pm to 7pm, except for on Fridays and Saturdays, when the stalls will open at 10am. 

From 26th December to 6th January, the chalets will extend their hours from 10am to 9pm, with a special closing time at 2am planned for 31st December. The chalets will be closed on 25th December. 

 

Join the Monaco Life community – the largest English media in the Principality. 

Sign up for the Monaco Life newsletter, and follow us on  Facebook, Instagram  and  LinkedIn.    

 

Photos by Monaco Life 

Continue reading →

Polar activist and evolutionary biologist among the winners of 2023 Oceanographic Awards

The Oceanographic Awards, led by Prince Albert II and presented by the Oceanographic Institute and the Prince Albert I Foundation, are a celebration of the finest minds in ocean research and conservation. Here are the winners of 2023.  

The Oceanographic Awards, founded in 1948 in the memory of Monaco’s ‘Explorer’ Prince Albert I, spotlight exceptional individuals at the forefront of oceanographic research and conservation by formally recognising their contributions to their respective realms.  

Prince Albert II was at the helm of this year’s ceremony, which was held at the Musée Océanographique de Monaco on 22nd November, and congratulated each of the 2023 laureates personally for their diverse expertise and efforts. 

The Oceanographic Awards and the Grande Médaille Albert Ier were founded in 1948 in memory of ‘Explorer’ Prince Albert I. Photo credit: Institut Océanographique de Monaco / Michel Dagnino / Cedou 

Distinguished contributions in marine science  

In the Science category, both Professor Nils Christian Stenseth, an ecologist and evolutionary biologist, and Professor Rashid Ussif Sumaila, an ocean economist, received awards. Professor Stenseth was recognised for his extensive research into marine ecosystems while Professor Sumaila was honoured for his work on the sustainable management of sea resources, which have helped shed light on the economic impact of human activities on the oceans. 

The Mediation category applauded Doctor Jean-Louis Étienne, an environmental activist known for his polar explorations, for his efforts in raising global awareness about the challenges facing our oceans, which have been crucial in mobilising public interest and action. 

Emerging researchers in oceanography 

Then it was on to the Thesis category, in which two young researchers, Doctor Charly de Marez from France and Doctor Adrian Van Kan from Germany, were welcomed to the stage to receive their respective awards. 

Doctor de Marez is currently specialising in the physics of high seas’ currents and was acknowledged for his significant post-doctoral research into ocean current dynamics at the University of Iceland. 

Doctor Van Kan, meanwhile, is a post-doctoral researcher in Physical Oceanography at the University of California, Berkeley and was recognised by the Awards for his contributions to our knowledge of marine physical properties. 

 

Join the Monaco Life community – the largest English media in the Principality. 

Sign up for the Monaco Life newsletter, and follow us on  Facebook, Instagram  and  LinkedIn.    

 

Photo credit: Institut Océanographique de Monaco / Michel Dagnino / Cedou 

Continue reading →

Malagasy Gospel Choir stops in Monaco during European tour

Monaco was thrilled to host the Malagasy Gospel Choir, a singing group made up of young Malagasy people from disadvantaged backgrounds, who were in turn thrilled to take part in a number of activities in the Principality.

From 18th to 23rd Novembeer, meetings, exchanges, concerts, sustainable development and children’s rights were at the heart of a short but intense stay by the Malagasy Gospel Choir in the Principality.

The choir, made up of 12 young girls aged 15 to 23 and a young blind man, is on a European tour with stops in France and Spain. This year, the traveling choir made it to Monaco, where numerous entities came together to welcome them, notably associations such as FAR, the Guides and Scouts of Monaco, the Princess Stéphanie Youth Centre and AMAPEI, all very enthusiastic to make the Monaco stopover an unforgettable stay.

The Malagasy Gospel Choir performing in the Saint Charles Church. Photo source: Government Communication Department

Members of Malagasy Gospel Choir were able to participate in the closing of the No Finish Line, both on the course and on stage; discover the city through a treasure hunt prepared by the FAR; visit the Oceanographic Museum with IUM students as part of their ‘IUM Engage’ program; and meet schoolchildren and participate in International Children’s Rights Day organised by the Department of National Education, Youth and Sports at Princess Antoinette Park, this year honoring the Preventorium Rainier III of Madagascar.

“All these moments allowed for beautiful and deep intercultural exchanges around games, singing and even dancing with the children and young people of Monaco, with an emphasis on sustainable development and environmental protection,” said the government in a statement.

Among the highlights, the Malagasy Gospel Choir performed twice in concert, first on Saturday 18th November at the Troparium of the Rainier III Auditorium, then on Tuesday 21st November at the Saint-Charles Church.

The Malagasy Gospel Choir was created by the Bel Avenir Association in Tuléar, in the southwest of Madagascar. The Malagasy NGO has been supported by the Department of International Cooperation for many years as part of the Public Development Aid policy of the Prince’s Government.

Join the Monaco Life community – the largest English media in the Principality. 

Sign up for the Monaco Life newsletter, and follow us on  Facebook, Instagram  and  LinkedIn.  

 

Main photo source: Government Communication Department 

Continue reading →

On stage this Christmas: all the dates and shows you need to know about

From The Phantom of the Opera to a stage interpretation of Dreamworks’ Madagascar, there are cultural treats aplenty for theatre fans in Monaco this festive season. 

On the evening of Wednesday 22nd November, a packed audience settled into the seats of the Grimaldi Forum for the inaugural performance of Giuseppe Verdi’s Don Carlo.  

Directed by the legendary Davide Livermore and featuring the talents of both the Opéra de Monte-Carlo and the Orchestre Philharmonique de Monte-Carlo, the Italian version of this masterpiece did not disappoint, and its stars were rewarded for their efforts by applause that filled the venue. 

Two additional performances of Don Carlo will be held at the end of November. Photo credit: Marco Borrelli / Opéra de Monte-Carlo

The performance unofficially opened the festive season of cultural events in the Principality, which will include two more renditions of the story of the ill-fated Prince of Asturias on 24th and 26th November, along with numerous other offerings, from ballet to musical theatre.

Here is a rundown of what is coming up in Monaco over Christmas and New Year. 

Madagascar 

Four performances of Madagascar, the much-loved family tale from Dreamworks, will be held at the Grimaldi Forum between 1st and 3rd December, including two matinees. The show will be in English and last for a family-friendly hour and forty minutes, with a 20-minute intermission. Ticket prices start at €31. 

The Phantom of the Opera 

The next major title to grace Monaco is The Phantom of the Opera, often referred to as the most famous musical of all time. Although this iconic Andrew Lloyd Webber creation has been performed to more than 145 million fans and in 183 cities over the years, it has never appeared on a stage in France or Monaco.  

That is set to change from 16th to 31st December, with near back-to-back performances scheduled for the Opéra Garnier. Tickets start at 40€. 

Ballet to bring in the New Year 

Carmen, as choreographed by Johan Inger, will be gracing the stage from 30th December to 4th January 2024, excluding New Year’s Day. Passionate, fiery and free-spirited, Carmen is an age-old tale of seduction and violence that will be given new perspective within the Salle des Princes of the Grimaldi Forum. The musical backdrop will be provided by the Orchestre Philharmonique de Monte-Carlo. 

Ticket prices begin at €52.  

 

Join the Monaco Life community – the largest English media in the Principality. 

Sign up for the Monaco Life newsletter, and follow us on  Facebook, Instagram  and  LinkedIn.  

 

Photo credit: Marco Borrelli / Opéra de Monte-Carlo

Continue reading →

Mairie gives greenlight to new 23-storey high-rise in Monte-Carlo

The Mairie de Monaco has given proposals for a new €150 million development on the Avenue de la Costa in the Monte-Carlo neighbourhood its ticks of approval, but the 23-storey high-rise is still some way from getting off the ground. Here’s what we know about the plans so far.

Rising 23 storeys above the central Avenue de la Costa and descending an impressive eight beneath it, the new mixed-use high-rise being put forward by CMB Real Estate Development SAM could forever change the look and feel of the Monte-Carlo neighbourhood.  

The massive contemporary style edifice, not too dissimilar from the nearby One Monte-Carlo and 26 Carré Or developments that have sprung up in recent years, has been designed by local architect Emmanuel Deverini, whose other works include the Honoria Palace, the International University of Monaco and Les Cicognes. 

The plans suggest the high-rise will feature a distinct ‘green’ façade and house 25 apartments, including a duplex, as well as 111 carparking spots and office spaces for the CMB Monaco bank and the Croix Rouge Monégasque, which will both stand to lose their current premises, the Colibri and Palmeraie villas pictured above, if the development goes ahead.   

Initial budget projections set the overall cost at a colossal €150 million.  

The CMB building earmarked to be demolished under new plans. Photo by Monaco Life

Monaco’s Conseil Communal this week approved the project, but not without a request to increase the volume of public green spaces provided by the development, amongst other considerations.

The decision to give the Deverini design the greenlight was also not unanimous, and criticisms notably came from representatives André Campana, who called it “monstrous”, Camille Svara, who said the development was costing the neighbourhood its “charm”, and Marjorie Crovetto, who said the 36-month construction period was “a long time for residents” given the potential overlap with the €170 million Schuylkill development nearby on Boulevard de la Suisse.   

 

Join the Monaco Life community – the largest English media in the Principality. 

Sign up for the Monaco Life newsletter, and follow us on  Facebook, Instagram  and  LinkedIn.  

 

Photo by Monaco Life

Continue reading →

Visa and residency rules relaxed for investors in reciprocal France-US agreement

France and the US have formalised a special mutual agreement akin to the French ‘talent passport’ that will allow investors from each nation easier access to visas and residency permits.  

In the past, people from America wishing to live and work in France had to jump through several burning administrative hoops and complete mountains of paperwork.  

French citizens had it no better in the US, where difficulties in obtaining a visa to live and work are widespread, whatever your nationality.  

Now, with the swipe of a pen, those days are over for a select group of citizens wishing to make investments on the other side of the pond.  

NEW AGREEMENT 

On 21st November in Paris, Olivier Becht, the French Minister Delegate for Foreign Trade, and Denise Campbell Bauer, the US Ambassador to France and Monaco, formalised a new agreement that will transform the pathways to obtaining visas and residency permits for French and American investors.  

The new systems, according to a joint statement issued by the two parties, allow American investors and their families to fast-track applications for the four-year French visa, mirroring France’s ‘talent passport’ scheme, while French investors can benefit from four-year E-1 or E-2 visas, up from a cap of only 25 months previously.  

IN THE MAKING 

The agreement is the result of negotiations that stemmed from the December 2022 visit to the US by French President Emmanuel Macron. At the time, both nations vowed to deepen their bilateral trade and investment connections.  

Minister Becht took to social media after the signing, saying, “It’s done, FR-US! French entrepreneurs in #EtatsUnis will be able to benefit from a longer visa and American entrepreneurs in #France from a simplified procedure.” 

The new rules have been in effect since 16th November 2023.  

 

Join the Monaco Life community – the largest English media in the Principality. Sign up for the Monaco Life newsletter, and follow us on  Facebook, Instagram  and  LinkedIn.    

 

Photo source: Olivier Becht / LinkedIn

Continue reading →

Princess Charlene excites kids at her Foundation’s Drowning Awareness Day at Grimaldi Forum

More than 300 students in Monaco took part in a Drowning Awareness Day on Wednesday in the presence of Princess Charlene of Monaco.

The event was organised by the Princess Charlene of Monaco Foundation in partnership with the Department of National Education, Youth and Sports (DENJS), the Mairie de Monaco, the Monaco Red Cross, the MaritimePolice, the Monaco Fire Brigade and the Académie Monégasque de la Mer.

It brought together 334 CP students in Monaco at the Grimaldi Forum with the aim of raising awareness among young people about drowning prevention, with theoretical and practical workshops in the classroom.

Short activity sessions led by event partners gave the children access to a wide range of knowledge about drowning, the equipment used in the event of an accident, and the first aid gestures that can save lives.

The students were also able to attend a reading session of the book ‘La Magie de l’Eau by its author, Mélinda Guery, of which the Foundation is a partner. The illustrated, poetic and educational work inspires children to learn to swim and gives them the tools to better understand the aquatic environment.

At the end of the morning, each child received a copy of the book, as well as a bag containing a swimming cap and a winter hat in the Foundation’s colours.

Drowning claims more than 230,000 victims worldwide each year, and the hope is that awareness days such as this will prevent any kind of fatality in Monaco.

 

Join the Monaco Life community – the largest English media in the Principality.  

Sign up for the Monaco Life newsletter, and follow us on  Facebook, Instagram  and  LinkedIn. 

 

Photo source: Princess Charlene of Monaco Foundation

 

 

Continue reading →

Princess Charlene joins kids for Drowning Awareness Day

More than 300 students in Monaco took part in a Drowning Awareness Day on Wednesday in the presence of Princess Charlene of Monaco.

The event was organised by the Princess Charlene of Monaco Foundation in partnership with the Department of National Education, Youth and Sports (DENJS), the Mairie de Monaco, the Monaco Red Cross, the MaritimePolice, the Monaco Fire Brigade and the Académie Monégasque de la Mer.

It brought together 334 CP students in Monaco at the Grimaldi Forum with the aim of raising awareness among young people about drowning prevention, with theoretical and practical workshops in the classroom.

Short activity sessions led by event partners gave the children access to a wide range of knowledge about drowning, the equipment used in the event of an accident, and the first aid gestures that can save lives.

The students were also able to attend a reading session of the book ‘La Magie de l’Eau by its author, Mélinda Guery, of which the Foundation is a partner. The illustrated, poetic and educational work inspires children to learn to swim and gives them the tools to better understand the aquatic environment.

At the end of the morning, each child received a copy of the book, as well as a bag containing a swimming cap and a winter hat in the Foundation’s colours.

Drowning claims more than 230,000 victims worldwide each year, and the hope is that awareness days such as this will prevent any kind of fatality in Monaco.

 

Join the Monaco Life community – the largest English media in the Principality.  

Sign up for the Monaco Life newsletter, and follow us on  Facebook, Instagram  and  LinkedIn. 

 

Photo source: Princess Charlene of Monaco Foundation

 

 

Continue reading →

Civil societies given new legal obligations to follow

Monaco-based civil societies, a group that includes charities and foundations, are now required to elect at least one individual responsible for reporting basic information on structure and its “beneficial owners”.  

Civil societies is defined by the World Bank as “a wide array of organisations: community groups, non-governmental organisations (NGOs), labour unions, indigenous groups, charitable organisations, faith-based organisations, professional associations and foundations”.

A new law passed on 29th September in Monaco requires civil societies registered in the Principality to abide by a new set of legal requirements, giving more transparency to these entities. 

According to the Prince’s Government, civil societies must now designate at least one information manager responsible for reporting on two tasks: basic information on the legal entity and the “beneficial owners” of the civil society. It is also possible to elect two such individuals.  

If a société civile holds a bank account in the Principality, this person or people must reside in Monaco and can be selected by its partners, shareholders, managers or staff.  

If the company’s banking is done elsewhere, or if finding a Monaco resident or citizen to take on the role is not possible, then the government has designated a certain number of professionals who can fill the role, such as notaries, chartered or certified accountants, lawyers, a company service provider or a multi-family office.  

The registration process is free and can be done through the Economic Development Department using the forms available here.  

Click here for more information.

The latest law follows other adjustments were made to the laws governing associations and foundations registered in Monaco at the start of August to meet international requirements laid out by the Moneyval Committee in January

Join the Monaco Life community – the largest English media in the Principality. 

Sign up for the Monaco Life newsletter, and follow us on  Facebook, Instagram  and  LinkedIn.    

SEE ALSO: 

Moneyval: Associations and foundations called to attend information session

 

Photo source: Kaleb Duperre, Unsplash

Continue reading →

Advances and challenges of AI and blockchain explored at Monaco’s Digital Innovation Summit

The transformative potential of artificial intelligence and blockchain in reshaping industries and redefining the future was the focus of the recent Digital Innovation Summit in Monaco, which attracted keynote speakers from far beyond the Principality. 

The inaugural Digital Innovation Summit was held on Friday 17th November at the Association des Jeunes de Monaco (AJM).  

Spearheaded by Tom Hanneuse and Louis L’Herrou (pictured above), the event convened a diverse group of thinkers and pioneers for a variety of sessions and talks on the revolutionary roles of AI and blockchain.  

Pioneering speakers

Jonathan Xu, a pioneer in image reconstruction, set the stage with his insights into the intersection of AI and mind reading. Through his introduction of MindVis 2 and MindEye2, Xu painted a future where deep learning enables technologies akin to an MRI for the brain, coining the concept “a ChatGPT but for your brain”.  

His emphasis on ethical considerations in Brain-Computer Interface (BCI) technologies resonated with the audience, and highlighted the delicate balance between human enhancement and technological overreach. 

Louis L’Herrou, the co-founder of Altores, emphasised AI’s indispensable role in maintaining competitiveness in the future business landscape and introduced BEMA, a solution that encapsulates the ethos of “crafted once, automated forever”, underscoring the inevitability of AI in the evolution of business. 

The conversation also extended to the healthcare sector, with Mustafa Hamdi, the founder of Innodeep, discussing how AI can augment medical professionals’ capabilities through a multi-modal platform and potentially revolutionise the patient care and diagnostics. 

The inaugural edition of the Digital Innovation Summit at the Association des Jeunes de Monaco was well-attended. Photo credit: Tom Hanneuse

Blockchain: the foundation of tomorrow’s tech 

Blockchain technology, another key theme of the summit, was explored in depth in a way that highlighted its transformative potential beyond cryptocurrencies.  

For example, Julien Bonnel, the president of Blockchain Innov and a fintech enthusiast, demonstrated how blockchain could be leveraged for social good by showcasing a project aimed at using blockchain and a mobile app to combat domestic violence. 

Fabrice Marquet, the founder of Monaco Foundry and a man listed on the Forbes 40 Under 40 list, hen took to the stage to discuss his company’s role in revolutionising the early-stage venture capital space through blockchain. 

Antoine Demacy, the president of AJM and a founding member of the Monaco Cryptographic Association, explored the use of Zero-Knowledge (ZK) proofs in sectors like healthcare and supply chain. He discussed how blockchain, particularly ZK proofs, could transform these industries by enhancing privacy and security. 

Visionaries of the summit 

Tom Hanneuse and Louis L’Herrou, the co-founders of Altores and the organisers of the Digital Innovation Summit, summarised the evening of talks with a speech emphasising the need for deep integration of AI and blockchain technologies. 

“We are not just introducing new technologies; we are cultivating an ecosystem where these innovations can flourish and redefine our future,” said Hanneuse.  

“Our goal is to foster an international dialogue about how they can fundamentally change our way of living and doing business,” concluded L’Herrou. 

Read related:

Digital Innovation Summit coming to Monaco

 

Join the Monaco Life community – the largest English media in the Principality. 

Sign up for the Monaco Life newsletter, and follow us on  Facebook, Instagram  and  LinkedIn.    

 

Main photo credit: Tom Hanneuse

 

Continue reading →

Photos: Princess Caroline of Hanover presents 2023 Ordre du Mérite Culturel medals

Princess Caroline of Hanover spent the eve of the Fête Nationale de Monaco handing out Ordre du Mérite Culturel awards to those who have shown “commitment in the development of the arts, letters and sciences in the Principality.” 

The Ordre du Mérite Culturel, or Order of Cultural Merit, is a special designation given to people in the arts, sciences or letters who have shown dedication to Monaco in these fields. It may also be awarded to individuals in those areas who have extended the “scholarly influence of the Principality” beyond its borders.  

On Saturday 18th November, the day before Monaco’s National Day celebrations, and under the arches of the Salon Bleu in the Palais Princier, Princess Caroline presided over the awards’ annual ceremony and handed out medals to this year’s recipients.   

The ceremony was held in the Salon Bleu of the Palais Princier de Monaco. Photo credit: Michael Alesi / Palais Princier de Monaco

CREATED BY PRINCE RAINIER III 

The Ordre du Mérite Culturel is the third highest award offered by the Principality and was created by a sovereign order signed on 31st December 1952 by the late Prince Rainier III.  

The medals for the Order come in three grades; those of Commander, Officer and Knight. The badge is round in shape and is framed by a laurel wreath that is suspended by the Monegasque crown. The reverse side shows the monogram of Prince Rainier III created using mirrored Rs.  

The Commander’s medal is made of gold and is worn around the neck while the Officer’s badge is silver and is pinned by a ribbon with a rosette on the left side of the chest. The Knight’s award is on a plain ribbon, worn also on the left side of the chest, and is made of bronze.  

The goal of the award is to “distinguish and reward people who have participated through their works or their teaching in the development of the arts, letters and sciences in Monaco or who, even abroad, have contributed, in these areas, to the intellectual influence of the Principality.” 

Click on the images below to see more:

 

Join the Monaco Life community – the largest English media in the Principality. 

Sign up for the Monaco Life newsletter, and follow us on  Facebook, Instagram  and  LinkedIn.    

 

Photo credit: Michael Alesi /Palais Princier de Monaco

Continue reading →

Page 48 of 383 - <  46  47 48 49  50  51  52  53  54  55  56  57  58  59  60  >