The Art Market Is Doubling Down on the Gulf Despite the War With Iran
· observer.com · popularity 30/100 · 0 similar stories today · Visual Arts & Design (Hobbies, Arts & Interests)
Read the original at observer.com →
Summary
Christie’s, Sotheby’s, Frieze and Art Basel are pushing ahead with auctions, fairs and outposts in Abu Dhabi, Dubai and Doha, even as tensions around the Strait of Hormuz persist. Whether the rewards will outweigh the risks may depend on the continued enthusiasm of the new and younger buyers currently driving growth in the region's luxury economy.
Found in: Artistic Happiness, Observer. Rating basis: single outlet; outlet tier 2 (unlisted); 2 feeds; listed 2 times; feed position 1.