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Art Basel Qatar VIP day: fair’s debut encourages patience

Art Basel Qatar opened its inaugural edition to VIPs in Doha, featuring an unconventional 'boothless' format with 87 exhibitors each presenting a solo artist. The fair, curated by artist Wael Shawky, is split between two venues in the Msheireb district, with blue-chip galleries in M7 and more emerging to mid-tier galleries in the Design District. The event is heavily subsidized by Qatar, significantly lowering costs for exhibitors and encouraging a focus on market education over immediate sales.

meet the 20 collectors joining artnews top 200 collectors list 1234757486

ARTnews has added 20 new collectors to its prestigious Top 200 Collectors list for 2025, reflecting the expanding global reach of serious art collecting. The new cohort includes figures from Latin America, the Gulf region, Southeast Asia, and the United States, such as Catherine Petitgas, Ariel Marcelo Aisiks, Sara Alireza, Faisal Tamer, Basma Al Sulaiman, Sheikh Hamad bin Abdullah Al Thani, Purat “Chang” Osathanugrah, Belinda Tanoto, Andreas Teoh, artist Rashid Johnson, Solomon R. Guggenheim Foundation president Wendy Fisher, Napster cofounder Sean Parker, Fanatics founder Michael Rubin, and Oscar L. Tang and Agnes Hus-Tang, who donated $125 million to the Metropolitan Museum of Art. Several new additions are second-generation collectors, and many have built private spaces to show their collections, such as Alexander Petalas’s Perimeter in London, Osathanugrah’s upcoming Dib Bangkok, and Basma Al Sulaiman’s virtual museum BASMOCA.

altman siegel closes gallery san francisco 1234757474

Altman Siegel, a key gallery in San Francisco's art scene, will close in November 2025 after 16 years. Founder Claudia Altman-Siegel attributed the closure to a challenging market for mid-size galleries, stating it became too difficult to scale in the current climate. The gallery's final show is a solo exhibition by Shinpei Kusanagi, ending November 22. Its roster included artists such as Simon Denny, Lynn Hershman Leeson, Trevor Paglen, and others. The closure follows a trend of galleries shutting down or scaling back, including Blum and LA Louver in Los Angeles, and Clearing and Venus Over Manhattan in New York.

warhol portrait muhammad ali art basel miami 2718963

A 1977 Andy Warhol portrait of Muhammad Ali, priced at $18 million, will be the centerpiece of Lévy Gorvy Dayan's booth at Art Basel Miami Beach. The 40-inch acrylic and silkscreen canvas, featuring a royal purple background, was previously purchased for $18.1 million at Christie's in 2021. The work is part of a series of 10 Warhol portraits of sports stars commissioned by collector Richard L. Weisman, and is autographed on the back by Ali.

us mashal auction basquiat picasso diane arbus 1mdb scandal 1234748398

The US Marshals Service is auctioning four artworks by Pablo Picasso, Jean-Michel Basquiat, and Diane Arbus that were surrendered to the US Department of Justice in connection with the 1Malaysia Development Berhad (1MDB) scandal. The online-only auction, run by Gaston and Sheehan auction house in Texas, began on July 16 and closes on September 4, with no buyer's premium. The works include Basquiat's *Self Portrait* (1982) and *Red Man One* (1982), Picasso's *Tête de taureau et broc* (1939), and Arbus's *Child with a Toy Hand Grenade* (1962). The pieces were linked to fugitive financier Jho Low and actor Leonardo DiCaprio, who surrendered them after they were located in Switzerland.

sothebys saudi arabia second auction art luxury 1234768014

Sotheby's will hold its second auction in Saudi Arabia, titled "Origins II," on January 31 in Diriyah, following its first auction in the kingdom in February 2024. The inaugural sale, also called "Origins," achieved $17.3 million within pre-sale estimates but had a 65.8% sell-through rate, with 40 of 117 lots unsold, particularly jewelry and handbags. The upcoming auction will focus exclusively on fine art, featuring over 70 works by international and Middle Eastern artists, including Anish Kapoor, Andy Warhol, Mohammed Al Saleem, Mahmoud Sabri, and Samia Halaby. The sale is scheduled just before the inaugural Art Basel Qatar.

basquiat picasso works linked to global 1mdb scandal net 36 m in auction by us marshals 1234751018

Four artworks by Jean-Michel Basquiat, Pablo Picasso, and Diane Arbus, seized by the U.S. Department of Justice in connection with the 1Malaysia Development Berhad (1MDB) scandal, sold for a combined $36 million in an online auction conducted by the U.S. Marshals Service. The lots included Basquiat's *Self Portrait* (1982) for $8.3 million and *Red Man One* (1982) for $22 million, Picasso's *Tête de taureau et broc* (1939) for $5 million, and Arbus's *Child with a Toy Hand Grenade* for $500,150. The auction, held by Gaston and Sheehan in Texas, ran from July 16 to September 4.

artcurial twenty one contemporary 2647329

On June 6, 2025, Artcurial Paris will host "Twenty One Contemporary," a curated auction dedicated exclusively to 21st-century art. The sale features works by artists such as Xavier Veilhan, Barthélémy Toguo, Aboudia, Thomas Houseago, and Guillaume Bresson, spanning experimental sculpture, painting, and works on paper. Highlights include Veilhan's machine-carved birch sculpture "The Neptunes" (2015), Toguo's large-scale watercolor "Homing Pigeon" (2005), and Bresson's photorealistic "Sans titre" (2010), with estimates ranging from €15,000 to €120,000.

bonhams first saudi arabia exhibition 1234754500

Bonhams, the New York-based auction house, will hold its first exhibition in Saudi Arabia next month. Titled "Judhoor / Roots: The Origins of Saudi Modernism," the three-day show opens October 8 at the LIFT Gallery in Riyadh's JAX District, followed by a London auction on November 25. The exhibition surveys Saudi modern art from early pioneers like Abdulrahman Al Soliman, Safeya Binzagr, and Mohammed Al Saleem to later generations, highlighting works such as Al Saleem's horizon paintings and Al Soliman's 1981 depiction of Al-Ahsa oasis made with local soil. It also features archival material from Dar Al-Funoon, Saudi Arabia's first modern art space, and foregrounds female voices, including Binzagr, the first woman to stage a solo exhibition in the kingdom. A panel discussion will accompany the show, cohosted by collectors Taha Al Kuwaiz and Muneera Al Touq.

In tough times for dealers, Art Basel debuts a section for new works

Art Basel is introducing a new section called Premiere at its upcoming fair, designed for galleries to present works created within the last five years by up to three artists, organized around a loose curatorial concept. The inaugural section features ten exhibitors, mostly smaller to mid-sized galleries showing mid-career artists, with prices ranging from €5,000 to $85,000. The section is priced at SFr22,000 for a 32 sq. m stand, cheaper than the main section but more expensive than the emerging-artist-focused Statements section, which can be financially risky for dealers.

frank frazetta captive princess propstore 2748074

Frank Frazetta’s 1973 painting 'Captive Princess,' originally created as cover art for Edgar Rice Burroughs’s novel 'The People That Time Forgot,' is heading to auction at Propstore with a high estimate of $1 million. The work, which depicts a dramatic abduction scene involving prehistoric figures, leads a major sale of entertainment memorabilia that includes iconic film props like a 'Jaws' harpoon gun and a C-3PO head.

Phillips claims stake in South Asian market with London exhibition

Phillips auction house has launched a selling exhibition titled "Crossing Borders" at its Berkeley Square location in London, featuring 64 South Asian Modernist artists including Bhupen Khakhar, Huma Bhabha, Rasheed Araeen, and Nilima Sheikh. The show, organized in collaboration with Grosvenor Gallery, includes major market figures like S.H. Raza and F.N. Souza alongside lesser-known names such as Ahmed Parvez and Viswanathan. Prices range from £5,000 to £1.5 million, with works jointly consigned and profits shared between Phillips and Grosvenor. The exhibition marks Phillips' most significant entry into the South Asian art market, a sector long dominated by Sotheby's, Christie's, and Bonhams.

PRESS RELEASE: Christie’s First London-Based Middle Eastern Modern & Contemporary Art Evening Auction Builds On Dubai’s Success, Achieving £5,235,125 / $6,863,249 / €5,826,694 - Christie's

Christie’s successfully transitioned its Middle Eastern Modern & Contemporary Art evening auction from Dubai to London, achieving a total of £5.2 million ($6.8 million). The sale boasted high sell-through rates of 85% by lot and 88% by value, driven by bidders from 23 different countries. Significant highlights included world auction records for Iraqi artist Jewad Selim, whose painting "The Watermelon Seller" fetched over double its estimate, and Mahmoud Sabri, whose work "Grief" sold for more than ten times its high estimate.

MODERN AND CONTEMPORARY MIDDLE EASTERN ART - Christie's

Christie's London will host a live evening sale of Modern and Contemporary Middle Eastern Art on November 9, 2023. The auction features 58 works from artists across the Middle East and North Africa, including contemporary figures like Ahmed Mater and Sultan bin Fahad, and modern masters such as Etel Adnan and Mahmoud Sabri. Key lots include Mater's 'From the Real to the Symbolic City' and Adnan's 'Untitled'.

From oil to canvas: Saudi Arabia’s emerging art economy

Saudi Arabia's art market reached a significant milestone with Sotheby’s second "Origins" auction in Riyadh, headlined by the $2.1 million sale of Safeya Binzagr’s painting "Coffee Shop in Madina Road." This record-breaking event, which nearly doubled its high estimate, underscores the rapid growth of the Kingdom’s art economy under the Vision 2030 plan. The auction saw a mix of local and international buyers, signaling that Saudi artists are increasingly being integrated into the global contemporary art dialogue.

Sotheby’s Origins II Returns to Riyadh

Sotheby’s is returning to Riyadh for the second edition of its Origins sale, titled Origins II, with a live auction scheduled for 31 January. The sale will feature over 70 lots spanning Modern and Contemporary Art, Ancient Sculpture, and 20th-Century Design, including works by Saudi pioneer Safeya Binzagr, Iraqi artist Mahmoud Sabri, and Pablo Picasso. The auction coincides with the Diriyah Contemporary Art Biennale and the debut of Art Basel Doha, and will be preceded by a public exhibition at Diriyah’s Bujairi Terrace from 24 to 31 January.

Museum acquires massive Martin Wong triptych from Art Basel Miami Beach

Martin Wong's monumental 12-foot-wide triptych *Tai Ping Tien Kuo (Tai Ping Kuo)* (1982) sold for $1.6 million to a US museum during Art Basel Miami Beach. The work, shown publicly for only the second time ever, was displayed at the booth of New York gallery PPOW. It had previously been exhibited in 1987 at New York's Asian Arts Institute and remained in storage for decades. The painting will next travel to Wrightwood 659 in Chicago for a forthcoming Wong exhibition.

Christie’s highlights Arab artists in London auction

Christie’s is highlighting several Arab artists in its upcoming Modern and Contemporary Middle Eastern Art sale, scheduled for November 6 in London with an online preview from October 28 to November 11. Featured works include Paul Guiragossian’s 'Automne,' a masterpiece from the 1980s that previously achieved the second-highest auction price for the artist; Abdulhalim Radwi’s 'Untitled,' a semi-abstract cityscape blending traditional architecture and modernist influences; Samia Halaby’s 'Gardenia' from her 'Diagonal Flight' series; Kamal Boullata’s 'Nocturne I,' exploring geometric abstraction and exile; Mahmoud Said’s 'Mekarzel Hill,' a landscape once owned by a former Egyptian prime minister; and Laila Shawa’s 'City of Peace (Jerusalem),' a socio-political commentary on Palestinian life under occupation.

Middle Eastern art takes center stage in Sotheby’s London exhibition

Sotheby’s London is hosting an exhibition previewing highlights from its upcoming Modern & Contemporary Middle East and Arts of the Islamic World & India auctions. Featured works include Abdulhalim Radwi’s 'Untitled (Desert Scene)' (1975), a mix of oil and sand on canvas estimated at £40,000–£60,000; Ahmed Mater’s 'X-ray Painting 5' from his pioneering series blending medicine and art; Paul Guiragossian’s 'Portefaix en Chomage,' depicting unemployed porters; and Fahrelnissa Zeid’s 'Untitled (Flowers)' from the late 1940s, bridging figurative and abstract styles.