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Qatar eyes Christie’s auction house

Qatar eyes Christie’s auction house

Qatar is also building a museum that will house regional and international art.

October 27, 2010 12:43 by

The Emir of Qatar,Sheikh Hamad bin Khalifa al-Thani, told The Financial Times that Qatar is keen to acquire Christie’s auction house as a part of its plans to become a leading cultural destination in the Gulf.

The London-based auction house, which is owned by French billionaire Francois Pinault, has said that it didn’t receive a formal approach from the Qataris.

Qatar has also lately purchased a string of iconic properties including the landmark UK department store Harrods.

Read more: The Emir of Qatar

Source: Reuters

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