Error: 3002 Source: GeoIP.asp line 56: File could not be opened. Arabtec to build Abu Dhabi Louvre for $654 mn with the aim of opening the museum in 2015
The First Art Newspaper on the Net Established in 1996 Saturday, April 19, 2014


Arabtec to build Abu Dhabi Louvre for $654 mn with the aim of opening the museum in 2015
File photo of French Culture Minister Christine Albanel (3-R) receives a brief about a model for Louvre museum at Emirates Palace in Abu Dhabi, United Arab Emirates, 07 January 2007. Abu Dhabi signed a deal with France to build a spinoff of its most famous museum, the Louvre, in the Gulf emirate better known for oil than art. Abu Dhabi will pay 400 million euros to use the prestigious Louvre name for 30 years as part of a cultural accord that will see paintings from the home of the Mona Lisa exhibited in the museum to be built on a luxury resort island.
ABU DHABI (AFP).- A consortium led by Dubai-based Arabtec Holding will build the Louvre Abu Dhabi art gallery for $654 million, the developers of the much-delayed project announced on Tuesday.

Abu Dhabi Tourism Development and Investment Company said construction would start immediately with the aim of opening the museum in 2015, three years later than originally planned.

The contract was awarded to an Arabtec-led joint venture with Spanish company Constructora San Jose SA and Oger Abu Dhabi LLC "following a competitive tendering process," it said in a statement.

"The contract, valued at 2.4 billion dirhams (around $654 million), signifies a major milestone in the progress of the Louvre Abu Dhabi," it added.

Oil-rich Gulf emirate Abu Dhabi has paid around $1.3 billion to use the Louvre name for 30 years and to tap the renowned Paris museum for artworks and expertise during this period.

The deal had stirred a debate in the French art world with critics saying the Louvre is selling its soul as they question Abu Dhabi's treatment of dissidents and immigrant workers employed in the construction of the project.

The Abu Dhabi Louvre building has been designed by French architect Jean Nouvel.

Abu Dhabi has launched an ambitious development plan, Abu Dhabi 2030, aimed at modernising the emirate and diversifying its economy.

Despite the global financial crisis and its severe impact on neighbouring Dubai, construction has continued in Abu Dhabi, although at a much slower pace than planned.



© 1994-2012 Agence France-Presse



Today's News

January 9, 2013

Eli Broad celebrates the topping out of his new contemporary art museum in Los Angeles

Renowned expert says art world momentum intensifies interest in collectible antique rugs

United States returns Toledo Museum of Art's smuggled sixth century BC vase to Italy

Important sculpture featured at Sotheby's New York during Old Masters Week

Artist Tracey Emin appointed CBE by Queen Elizabeth II in New Year Honours List

Bonhams to sell last Keats handrwritten poem in finest ever poetry sale

Barbara Bloom, Ernst Caramelle, Anna Craycroft, Simryn Gill & Matt Mullican at Tracy Williams Ltd.

Poland probes artist Carl Michael von Hausswolff's use of Holocaust victims' ashes

Historic New England protects mid-twentieth-century Modern house designed by Eliot Noyes

Bonhams to sell portrait of 18th century bare-knuckle fighter whose death changed boxing

Arabtec to build Abu Dhabi Louvre for $654 mn with the aim of opening the museum in 2015

Record numbers visited Tate Modern in 2012 with an increase of 9.5 percent on the previous year

Art historian Peter Hastings Falk to present "Lost and Found: The Pinajian Discovery" in New York

Exhibition of late works by Partou Zia on view at Art First in London

Myanmar prison art tells story of repression

Portland Museum of Art completes banner year

bes-ti-ar-y: A descriptive or anecdotal treatise on various real or mythical kinds of animals

Architecture critic Ada Louise Huxtable dies at 91

Most Popular Last Seven Days



1.- 'World's oldest message in a bottle', tossed in sea 101 years ago, reaches granddaughter

2.- East-West/West-East: Qatar unveils desert sculpture by American artist Richard Serra

3.- Ming-era 'chicken cup' sells for $36.05 million breaking record for Chinese porcelain

4.- United States pastor Kevin Sutherland convicted over Damien Hirst fake paintings

5.- Major exhibition at Pinacothèque de Paris explores the myth of Cleopatra

6.- Fondation Vincent van Gogh Arles opens with inaugural exhibition "Van Gogh Live!"

7.- Landmark exhibition opens in New York exploring the ancient kingdoms of Southeast Asia

8.- Palm-sized scroll that mentions Jesus's wife is ancient: Harvard Theological Review

9.- Hitler's wife Eva Braun may have had Jewish ancestry: British television documentary

10.- Bonhams to sell Madame de Pompadour's favourite porcelain which surfaced in Devon after 350 years



Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 

Founder:
Ignacio Villarreal
Editor & Publisher: Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Rmz. - Marketing: Carla Gutiérrez
Special Contributor: Liz Gangemi - Special Advisor: Carlos Amador
Contributing Editor: Carolina Farias

Royalville Communications, Inc
produces:

ignaciovillarreal.org theavemaria.org juncodelavega.org facundocabral-elfinal.org
Founder's Site. The most varied versions
of this beautiful prayer.
Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site