ART News

Sotheby’s $1 Billion Boost and the Middle East’s Rise in the Global Art Market

Sotheby’s recent investment from Abu Dhabi’s ADQ reflects a broader shift toward the Middle East’s growing influence in the global art market.

ART Critic's Review

07 Nov 2024 — 5 min read

The grand exterior of Abu Dhabi’s Louvre museum on Saadiyat Island, a landmark in the UAE’s cultural transformation. With new cultural landmarks, ambitious art fairs, and strategic investments in Saudi Arabia and the UAE, the region is fast becoming a powerhouse for art and luxury. But as Western brands expand eastward, local relevance and true cultural connection remain essential questions. Photo by Yan Ma.

Italian authorities seize fake artworks, including pieces attributed to Picasso, Rembrandt, and Warhol.

Another Major Forgery Ring has Been Exposed—This Time in Rome

How long can the blue-chip art market survive the forgery boom?

The NASDAQ stock exchange building in Times Square, New York City.

Art Investment: The Truth About Fractional Ownership

Fractional ownership is reshaping the art market, but does it offer real connection to the artwork—or just another financial play?

Younger collectors are redefining the market, demanding transparency, speed, and genuine passion.

ART Walkway Critics to Dealers: The Market Has Changed—Are You Ready?

If you’re still playing by outdated rules, this market shift will leave you behind.

U.S. tariffs threaten to reshape art market dynamics

Trump’s Tariffs Threaten to Isolate the U.S. Art Market

As Trump’s tariffs threaten cross-border art transactions, dealers and collectors face rising costs and potential isolation from the global market.

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Another Major Forgery Ring has Been Exposed—This Time in Rome

Art Investment: The Truth About Fractional Ownership

ART Walkway Critics to Dealers: The Market Has Changed—Are You Ready?

Trump’s Tariffs Threaten to Isolate the U.S. Art Market