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Thursday, 16 July 2015 10:00

The British Museum Plans to Send Loans Worth £1 Billion to Abu Dhabi

An Assyrian relief from the British Museum. An Assyrian relief from the British Museum. Wikipedia

The British Museum’s proposed loans for Abu Dhabi could be worth up to £1bn. The most valuable item earmarked is an Assyrian relief from Nimrud, the Banquet Scene (645–635BC), which was revalued last year at £100m. No longer on display since it was placed on a reserve list, the world’s finest Assyrian relief is now languishing in the London institution’s store, awaiting its likely loan in 2017 for a five-year stay in the Gulf.

Five other antiquities on the list earmarked for Abu Dhabi are valued at more than £250m.

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