One of One expands footprint in Egypt with two integrated developments in Sheikh Zayed, New Cairo    Pilot Launch of the D-MENA Bank CEO CompositeTM    Cairo real estate market steadies as developers prioritise flexibility, value-driven demand    CBE, Foreign Ministry launch 'Open Your Account in Egypt' initiative for expatriates    Treasures of the Pharaohs Exhibition in Rome draws 50,000 visitors in two days    Egypt's finance ministry makes investing in people top strategic priority – Kouchouk    Egypt signs UN convention on countering cybercrime    Egypt, WHO discuss enhancing pharmacovigilance systems to ensure drug, vaccine safety    Cautious calm in Gaza as Egypt drives peace push    EU warns China's rare earth curbs are a 'great risk', weighs response    Egypt, Saudi Arabia discuss strengthening pharmaceutical cooperation    Thailand, Cambodia to sign ceasefire in Malaysia with Trump in attendance    Al-Sisi reviews final preparations for Grand Egyptian Museum opening    Egypt's Curative Organisation, VACSERA sign deal to boost health, vaccine cooperation    Egypt joins EU's €95b Horizon Europe research, innovation programme    Egypt steps up oversight of medical supplies in North Sinai    Egypt, EU sign €4b deal for second phase of macro-financial assistance    Egypt's East Port Said receives Qatari aid shipments for Gaza    Egypt to issue commemorative coins ahead of Grand Egyptian Museum opening    Egypt, Sudan discuss boosting health cooperation, supporting Sudan's medical system    Omar Hisham announces launch of Egyptian junior and ladies' golf with 100 players from 15 nations    Egyptian junior and ladies' golf open to be held in New Giza, offers EGP 1m in prizes    The Survivors of Nothingness — Part Two    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt launches official website for Grand Egyptian Museum ahead of November opening    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt successfully hosts Egyptian Amateur Open golf championship with 19-nation turnout    Egypt will never relinquish historical Nile water rights, PM says    Al Ismaelia launches award-winning 'TamaraHaus' in Downtown Cairo revival    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Egypt's Sisi warns against unilateral Nile actions, calls for global water cooperation    Egypt unearths New Kingdom military fortress on Horus's Way in Sinai    Syria releases preliminary results of first post-Assad parliament vote    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Abu Dhabi further delays Louvre, Guggenheim projects
Abu Dhabi is once again pushing back the opening of local branches of the Louvre and Guggenheim art museums, after a fresh review of the projects, the government's tourism arm confirmed
Published in Ahram Online on 28 - 01 - 2012

The Louvre Abu Dhabi, a spin-off of the famous Paris museum, will now open in 2015 while Abu Dhabi's branch of New York's Guggenheim, will open in 2017, Tourism Development & Investment Company TDIC.L said in a statement.
The Zayed National Museum will open in 2016, the statement said. All the three museums were originally scheduled to open between 2013 and 2014.
Abu Dhabi, capital of the United Arab Emirates, has plans to invest billions of dollars in tourism, infrastructure and industry to diversify its economy away from oil.
Across the oil-rich state, which accounts for more than half of the United Arab Emirates' economy, government-backed real estate, commercial and tourism projects, many conceived during the boom years of 2003-2008, are under review and in some cases being delayed or put on hold.
In October, the emirate delayed the opening of the Louvre and Guggenheim branches and the Zayed National Museum planned for the Saadiyat Island, a $27 billion project incorporating art, culture and resorts.
The Abu Dhabi Executive Council, the emirate's advisory body on Tuesday said it approved a raft of multi-billion dollar projects including the museums. It did not state the budgets or timelines.
"These institutions are strategic components of the Abu Dhabi Government's vision for the Emirate and this timeline has been finalised in close coordination with its partners and advisors, Agence France Museums, The British Museum, and the Solomon R. Guggenheim Foundation," the statement said.
Substantial work has already been completed on the museums. Detailed architectural designs have now been finalised, as well as all foundation and piling work, the statement added without giving details of costs.


Clic here to read the story from its source.