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French museums set to loan 300 masterpieces to Louvre Abu Dhabi

Works by Leonardo da Vinci and Claude Monet will be among those on display at €500m new art museum due to open in December 2015.

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Masterpieces by Leonardo da Vinci and Vincent van Gogh will be among 300 works displayed at the Louvre Abu Dhabi, the Emirate said Sunday, as it aims to become a leader in fine art, reports Business Insider.

The museum, built at a cost of 500 million euros ($630 million) and set to open in December 2015, will feature paintings and sculptures from 13 of France's most renowned collections spanning from pre-Bronze Age to Pop Art, it said in a statement.

"This will be the first time many of these works will travel to Abu Dhabi or even the Middle East, and are a rare opportunity to see important art from French museums," said Sultan bin Tahnoon al-Nahyan, chairman of the organisation behind the project.

The loaned works include da Vinci's Portrait of an Unknown Woman, Claude Monet's Saint Lazare Station and Andy Warhol's Big Electric Chair, as well as ancient statues, vases and masks from across Asia and Africa.

Many of France's grand museums, including the Louvre, Musee d'Orsay and the Palace of Versailles will loan art to Abu Dhabi as part of a 30-year collaboration with the Emirate worth one billion euros ($1.3 billion).

French culture minister Fleur Pellerin said the loaning of the works was "an acknowledgement of both the extraordinary richness of our national collections and the expertise of our museums".

The 64,000-square-metre (700,000-square-foot) Louvre Abu Dhabi, built on the island of Saadiyat in the oil-flush Emirate, will have 6,000 square metres dedicated to permanent installations and 2,000 set aside for temporary exhibitions.

Read more of this report from Business Insider.