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Tag Archives: Abu Dhabi Cultural District

Louvre – Abu Dhabi

Amidst troubled world economies and tepid art sales, stories of galleries closing and museums in trouble are being reported more frequently. Although art institutions in Europe are perhaps in a better position because of heavy government subsidies when compared to the U.S., in these times, they too are seeking additional, more creative means of funding. News has come out recently that the Louvre is setting up their first-ever endowment fund with the $230 million installment paid to them from the United Arab Emirates. We are […]
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