Art Market Minute
War Casts Shadow on Art Dubai
Plus, Christie's will offer $450 million worth of art from the collection of late media billionaire S.I. Newhouse.
Sonia Manalili &
Margaret Carrigan
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The Gulf’s rapidly growing art scene is facing new uncertainty as the escalating U.S.–Israel war with Iran upends the region. The conflict has raised concerns across the art industry, particularly around Art Dubai, which is scheduled to open April 15. The United Arab Emirates, and Dubai in particular, has long positioned itself as a stable hub for global business, tourism, and culture, largely insulated from regional conflicts. But that perception has been shaken
S.I. Newhouse attends at the Metropolitan Opera on September 25, 2006 in New York. Photo by Evan Agostini/Getty Images for The Metropolitan Opera
Plus, major works from the collection of late media billionaire S.I. Newhouse are heading to Christie’s this May, where they could fetch around $450 million. And Artnet is launching the second edition of Hardwiring Change, a global research project on gender equity produced in partnership with the Association of Women in the Arts.
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