Middle East Auction (2007-2008): In an ongoing project, Toukan has worked with an economist to calculate the real market values for the purchase of nation states on a 99-year lease-hold. The values are based on economic indicators and provenance, and the countries up for auction are in turn based on Ralf Peters' list in The New Middle East, in which he proposes how a better Middle East would look cartographically. Auction catalogues for upcoming auctions of the Middle East have been produced as well as accompanying documentation of the process of trying to auction off territory in the absence of political and economic transparency.