France's Louvre museum to build a branch in United Arab Emirates
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A branch of the Louvre museum is to be built in Abu Dhabi, according to an agreement signed Tuesday between the governments of France and the United Arab Emirates.Comment
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Iliad, a French telecommunications company, said it planned to build a fiber optic communications network throughout Paris for 1 billion euros. Iliad said development of the network would begin next year and would take five years to complete. Building and owning its own fiber optics network would allow the company to save on renting telephone lines from France TÃ©lÃ©com, Iliad said. It would lease any excess capacity on the network to competitors. ÂDemand for bandwidth is showing no sign of abating,ÂÂ IliadÂs chief executive, Michael Boukobza, said at a news conference. But investors were concerned about the cost, and stock in Iliad, which is based in Paris, fell nearly 12 percent.
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France is to celebrate its rich architectural traditions with the opening of a major new museum in the heart of Paris.
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The United Arab Emirates (UAE) will be home to the central bank of the six states in the Gulf Cooperation Council (GCC) which are working to set up a monetary union next year, the Kuwaiti finance minister said.
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Scenes for the film adaptation of the best-selling novel "The Da Vinci Code" can, in principle, be shot in the Louvre, but details must still be worked out, the director of the famed museum said Friday.
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The death of United Arab Emirates President HH Sheikh Zayed bin Sultan Al Nahyan of Abu Dhabi looks likely to increase Dubai&#39;s influence in the Gulf region.
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Emirates Bank International and National Bank of Dubai discuss a merger to create the Gulf's largest bank by assets and market value.
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Madrid's Reina Sofia museum is about to open one of the most extensive Picasso exhibitions as it hosts works on loan from the National Picasso Museum in Paris to add to those already on view in the Spanish capital.
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France will allow U.S. film director Ron  Howard to shoot scenes in the famed Louvre museum for a film  adaptation of the worldwide bestseller "The Da Vinci Code," the  Culture Ministry said on Friday.
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France will set up a permanent military base of up to 500 troops in the United Arab Emirates, the French government announced Tuesday during a visit by President Nicolas Sarkozy.
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Carless utopia The United Arab Emirates will today formally unveil plans for an all-new, zero carbon desert city - seven square kilometres of carless utopia designed to house 50,000 people.â¦
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MANAMA : Kuwait Finance House (KFH) Bahrain, a subsidiary of Kuwait&#39;s first Islamic bank, announced plans to develop a 1.3-billion-dollar combined petrochemical, power and water generation complex in this tiny Gulf kingdom.
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After fetching record prices in Australia, Aboriginal art is carving out a place on the art market in France, spurred by the opening last year of Paris&#39; Quai Branly museum of tribal arts.
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Christian de Portzamparc and his Paris-based firm have been chosen to design a new movie museum for the Academy of Motion Picture Arts and Sciences.
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The United Arab Emirates will keep a 30-year link between its currency, the dirham, and the United States dollar, after completing a review of its currency regime.
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As part of its regional expansion, Emirates Computers today announced its intention to establish a comprehensive IT and related services operation in Qatar, in partnership with Ebrahim AL Neama Holding, with offices in Doha.  Commenting on the initiative, Mr.
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French architect Christian de  Portzamparc has been named to design the world's largest and  most ambitious museum dedicated to the history of film and the  Oscars, the Academy of Motion Picture Arts and Sciences said on  Thursday.