Another member of the Kuwaiti royal family deeply connected to art is Sheikha Paula al-Sabah, who has amassed an impressive collection in her home. The walls serve as a gallery of Middle Eastern and Western art gathered over the decades. Her daughter, Lulu Al Sabah, with the same passion for art, established the art consulting firm "JAMM" and strongly promotes Arab and Iranian artists in the West while bringing Western artists to the East. Unlike their neighbors in the UAE, who have the Louvre and Guggenheim in Abu Dhabi and the Museum of the Future in Dubai, Kuwait doesn't have a major museum of Western art, but they recognize the importance of investing in art.
French luxury conglomerate LVMH Moët Hennessy Louis Vuitton SE has reached an agreement with Formula 1 organizers, signing a ten-year sponsorship deal that could be worth around $1...