Louvre Museum in Abu-Dhabi announced

The government of Au-Dhabi in the United Arab Emirates has paid the International Agency for French Museums, $520 million dollars for the rights to use the name "Louvre" on the new art museum, set to open on 2012. The building itself, pictured above in a computer rendering, will cost around $108 million dollars and was designed by the French architect Jean Nouvel. Planned as a universal museum, it will include art from all eras and regions, including Islamic art.