Louvre's Islamic Galleries Still Needs $13 Million Before September Opening

AHLULBAYT NEWS AGENCY

FRANCE---The Louvre's long-awaited Islamic galleries will open on 22 September 2012, at his new public spaces devoted to Islamic art, but the museum is still searching for ten million euros [$13 million] from sponsors to finalize the funding of this ambitious project. The overall cost of the project is 98.5 million euros, of which the French state is providing 31 million. The museum has so far managed to raise 56 million euros from sponsorship from foreign states, private donors, and corporations.The main sponsor is the foundation of Saudi Prince al-Waleed bin Talal who mad a private donation 17 million euros. King Mohammed VI of Morocco also provided an important contribution (withheld). The emir of Kuwait, the Sultan of Oman, the Republic of Azerbaijan also fund the project. Several French corporate groups have also contributed (Total Foundation, Lafarge, Bouygues Construction ...) [link]

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