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Tuesday, 24 January 2012 - Abu Dhabi resumes Louvre, Guggenheim projects |
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      Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Davos 2012 Technology Media Small Business Legal Deals Earnings Summits Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. 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Arabia for Iran oil backup Tue, Jan 10 2012 UAE delays oil pipeline to bypass Hormuz Mon, Jan 9 2012 Analysis & Opinion England to play Panesar? Another batter more like Iran looms larger on Gulf radar screens Related Topics Entertainment » Fashion » Arts » Emirati citizens look at a model of Al Saadiyat Island, on which the Louvre Abu Dhabi will be built, during the signing of a cultural exchange agreement in Abu Dhabi March 6, 2007. Credit: Reuters/Osayd Hasan ABU DHABI | Tue Jan 24, 2012 11:00am EST ABU DHABI (Reuters) - Abu Dhabi has approved a raft of projects including the delayed branches of the Louvre and Guggenheim museums after a review of development plans, signaling the oil-exporting Gulf emirate's support to state-linked enterprises. "Budgets and opening dates were approved for the museum projects in the cultural district on Saadiyat Island," the website of Abu Dhabi's Executive Council said on Tuesday without giving details. In October, the government-run Tourism Development and Investment Co. 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 Executive Council, chaired by Crown Prince Sheikh Mohammed bin Zayed al-Nahayan, also approved two projects for the redesigning and building of a new national museum and the cultural Hilli site in the city of Al Ain. "After a thorough review, budgets and delivery dates were finalized," a source familiar with the matter told Reuters. "The government stands solidly behind Abu Dhabi's projects," he said, adding "the budgets run into billions of dirhams." The council approved several development projects for social services, housing, health and education. Abu Dhabi, capital of the United Arab Emirates, is investing billions of dollars in tourism, infrastructure and industry to diversify its economy away from oil. Since popular uprisings began in the Arab world last year, Abu Dhabi has announced several housing and social services projects for its citizens. (Reporting By Stanley Carvalho; Editing by Firouz Sedarat) Entertainment Fashion Arts Tweet this Link this Share this Digg this Email Reprints Entertainment News From the Wrap Oscar Nominees React: Meryl Streep, Michel Hazanavicius, Kenneth Branagh Respond to the News 10:38am EST This year's crop of contenders respond with joy, surprise and humility to their inclusion Oscar Nominees: The Complete List 10:35am EST All the nominees in every category for the 84th annual Academy Awards Tracy Morgan: Out of Hospital, Back at Work on '30 Rock' 9:46am EST The comedian tweets the altitude at Sundance led to his hospital stint: "Superman ran into a little kryptonite" 'The Artist,' 'Hugo' Lead Oscar Nominations 10:40am EST Meryl Streep, George Clooney, Brad Pitt, Michelle Williams and Viola Davis receive acting nominations; nine films receive Best Picture nods   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Advertise With Us Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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