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U.K. Arts Center Lands Seismic $122.4M Gift

The Sainsbury Centre near Norwich, England, has received a landmark gift of £91.2 million ($122.4 million) from Lord David Sainsbury through his Gatsby Charitable Foundation. In other news, Art Basel has appointed Wassan Al-Khudhairi as artistic director for its 2027 Qatar edition; Christie's led New York's spring auction season with $1.3 billion, driven by the S.I. Newhouse collection; Sotheby's brought in $737 million; Phillips rebounded with $115.2 million; and Bonhams achieved $22 million. Pace now represents the Constantin Brancusi Estate, Yinka Shonibare joined Mennour, and several other gallery and museum appointments were announced, including Clarissa Morales as COO of the Modern Art Museum of Fort Worth and new interim leadership at Dallas Contemporary. The Museum für Moderne Kunst in Frankfurt will inherit Henrike Naumann's estate, Dubai announced a new Museum of Digital Art, and the Centre Pompidou partnered with Chanel.

the asia pivot state of play 2026 02 12

A flurry of art fair activity across Asia marked the early weeks of 2026. Art Basel's inaugural Qatar edition broke format with single-artist presentations, focusing on MENASA artists and discreet institutional buying. The India Art Fair in New Delhi reported strong sales for local and international galleries, while new fairs launched in Jakarta, Manila, and Hong Kong. Tokyo Gendai announced its return, and Art Basel's digital platform Zero 10 expanded to Hong Kong.

2026 asian art market preview

Artnet Pro's 'The Asia Pivot' newsletter previews the 2026 Asian art market, highlighting a hopeful recovery after signs of improvement in late 2025. Key events include Art SG in Singapore (hosting S.E.A. Focus for the first time), the inaugural Art Basel Qatar in February, and Art Basel Hong Kong in March. Auction houses will align spring sales with these fairs. The article also notes regional shifts: South Korea's Art Asia partners with KINTEX for a new fair in India, Hong Kong's Kwai Fung Hin opens in Singapore, and Shanghai's Antenna Space expands to Hong Kong. Japan's Prime Minister Sanae Takaichi meets with artist Takashi Murakami to promote culture abroad, while geopolitical tensions with China threaten cultural exchanges.

best artworks 2025

Artnet News editors and journalists compiled their annual roundup of the best artworks seen in 2025, highlighting standout pieces from around the world. Among the featured works are Richard Serra's monumental steel sculpture "East-West/West-East" (2014) in the Qatari desert, Emma Ferrer's painting "You Will Return the Evil to Its Steppe (Homage to Josefa de Óbidos)" (2024) shown at New York's Sapar Contemporary, and Kerry James Marshall's "The White Queens of Africa: Colette" (2025) from his retrospective at the Royal Academy of Art. Each artwork is accompanied by a personal reflection from the journalist who encountered it.

stop making sense 2025 art market analysis

The article analyzes the chaotic and contradictory state of the global art market in 2025, a year marked by extreme volatility following President Donald Trump's return to office. Key events include strong sales at Frieze Los Angeles in February, a record $13.8 million sale of a painting by M.F. Husain at Christie's, and a sharp downturn after Trump imposed sweeping tariffs on major trading partners. Major auctions in May fell far short of expectations, with only $837.5 million hammered against estimates of up to $1.6 billion. Meanwhile, Art Basel expanded with a new Qatar fair, but sales at Art Basel Switzerland dropped over 35% from 2024. The year also saw a wave of gallery closures, including the sunsetting of Blum & Poe.

kenny schachter column larry g michael werner gallery

Kenny Schachter's column reports on the fallout at Michael Werner Gallery following the departure of star artist Peter Doig. Co-owner Gordon VeneKlasen is accused of expensing luxury items—including private jets, Hamptons helicopter rides, and even a solo helicopter trip for his Labrador Retriever—while the gallery faced financial strain. The partnership is dissolving, with VeneKlasen moving to Los Angeles to open his own gallery and listing his West Village home for $20 million. Meanwhile, Schachter also notes Pace Gallery's financial troubles, with founder Arne Glimcher stepping in to stabilize operations.

art basel dealers recall early days

Art Basel dealers recall the fair's early days, from its founding in 1970 by Swiss dealers Ernst Beyeler, Trudl Bruckner, and Balz Hilt to its evolution into a global powerhouse with editions in Hong Kong, Miami Beach, Paris, and soon Qatar. Veterans like David Fleiss of Galerie 1900-2000, Thaddaeus Ropac, Iwan Wirth of Hauser & Wirth, and Dominique Lévy of Lévy Gorvy Dayan share personal anecdotes, including chaotic customs incidents, childhood memories, and the fair's shift from a Eurocentric gathering to the world's premier art fair.

middle east art fair race doha dubai and abu dhabi art basel

Art Basel has announced a surprise deal to launch a new art fair in Qatar next year, partnering with Qatar Sports Investments (QSI) and QC+, a subsidiary of Qatar's sovereign wealth fund and commercial arm of Qatar Museums. The fair will debut with around 50 galleries in Doha, intentionally smaller than Basel's other fairs, with a distinct character aimed at building a long-term, sustainable event. The deal comes after rumors that Basel might take over Abu Dhabi Art, and as the region's art scene intensifies, with Art Dubai recently poaching Basel's global head of gallery relations Dunja Gottwies as its new director.

state of play asia art world news may 22

This edition of State of Play, part of Artnet Pro's Asia Pivot newsletter, reports on recent developments across Asia's art world. Taipei Dangdai Art and Ideas and Art Busan both concluded with slower sales and reduced attendance, citing economic and geopolitical uncertainty. Meanwhile, Art Basel announced a new fair in Doha for February 2026, and more Asian galleries are opening spaces in New York. In institutional news, philanthropist Yan Du is launching Yan Du Projects in London, the Simose Art Museum in Japan is hosting its first contemporary exhibition, and the Smithsonian's National Museum of Asian Art has repatriated looted Zidanku Silk Manuscripts to China.

An Audacious $724 Million Building Reinvents LACMA

The Los Angeles County Museum of Art (LACMA) has unveiled the David Geffen Galleries, a $724 million architectural feat designed by Peter Zumthor. This massive, horizontal structure spans over Wilshire Boulevard, replacing several older buildings with a single, elevated concrete form. The new space abandons traditional chronological and geographical silos in favor of rotating, thematic displays that integrate the museum’s diverse encyclopedic collections.

art basel qatar wael shawky artistic director

Art Basel has appointed artist Wael Shawky as the artistic director of its upcoming fair in Doha, Qatar, scheduled to open in February. This marks a departure from the company's usual practice of selecting directors from the commercial art world. Shawky, who represented Egypt at the Venice Biennale and has had solo exhibitions at Tate Modern and MoMA PS1, will curate around 50 single-artist presentations across two venues, M7 and the Doha Design District, with equal pricing for exhibitors initially. A selection committee including dealers from international and regional galleries will assist in choosing participants.

art basel qatar opening report

Art Basel Qatar has launched its inaugural edition in Doha, marking a significant expansion of the Swiss fair brand into the Middle East. The event features 87 exhibitors in a unique, booth-less format spread across the M7 and Doha Design District, departing from traditional trade fair aesthetics in favor of a curated, biennial-style presentation. While the opening VIP day saw strong attendance from regional collectors and major international galleries like Hauser & Wirth, the atmosphere was tempered by light initial sales and significant regional geopolitical tensions.

bonhams new hq opens lubaina himi wins pamm prize

Auction house Bonhams has opened a new 42,000-square-foot flagship headquarters in New York's Steinway Hall, launching a month of exhibitions and sales. The Philadelphia Museum of Art appointed Katherine Anne Paul as its new curator of Indian and Himalayan Art, while the Pérez Art Museum Miami (PAMM) awarded its Fund for Black Art Acquisition Prize to Turner Prize-winning artist Lubaina Himid, acquiring her painting "Horn Seller." Several galleries announced new artist representations, including Bortolami with Nathlie Provosty and Deborah Schamoni with Mariann Metsis, and auction house Freeman's appointed two senior executives.

jeffrey epstein leon black gagosian picasso sculpture

Newly released documents from the Department of Justice reveal that the late financier and convicted sex offender Jeffrey Epstein was deeply involved in facilitating major art transactions between mega-collector Leon Black and Gagosian gallery. The files detail Epstein's personal communications with Black's lawyers regarding the acquisition of Pablo Picasso's 1931 sculpture *Buste de Femme (Marie-Thérèse)*, a work that was the subject of a legal dispute before Black acquired it for over $115 million. Epstein also assisted in a complex $48 million swap of a Rothko painting for a Picasso through Gagosian in 2012.

the asia pivot singapore doha delhi

Singapore's Art SG fair featured a new pavilion called South Asian Insights, backed by India's TVS Motor Company, showcasing contemporary art from South Asia. The pavilion, which included eight galleries and featured a tapestry by Raqib Shaw sold to a Japanese collector, was crowded and highlighted the rising market for South Asian art.

art basel qatar preview galleries

Art Basel has launched its first edition in Doha, Qatar, with a deliberately small and tightly controlled format. The fair features only 87 galleries, all required to mount solo presentations, with strict limits on booth size, power sources, and rehanging of works. This creates a slower, calmer atmosphere distinct from its larger, more chaotic sister fairs in Miami and Paris.

art sg jd museum sothebys singapore

The Asia-Pacific art scene saw significant activity across multiple sectors. Art SG reported increased attendance and sales, while the SAM Art SG Fund acquired works for the Singapore Art Museum. JD.com announced plans for a major new museum in Shenzhen, and several appointments and award winners were named across the region. Auction houses Bonhams Hong Kong and Sotheby's Singapore posted strong sales results, with the latter setting new artist records.

the asia pivot jaiveer johal

Jaiveer Johal, an Indian art collector and logistics heir based in Chennai, discusses the current boom in the Indian art market in an interview for Artnet Pro's newsletter "The Asia Pivot." Johal, who founded the Avtar Foundation for the Arts in 2024 to promote Modern and contemporary South Asian art, notes that auction records for Indian Modern masters have reached new highs while contemporary galleries like Experimenter, Nature Morte, and Jhaveri Contemporary are expanding internationally. He observes that rising prices are pricing out many collectors, including himself, as institutions and wealthy buyers drive demand.

art market 2026

The article reports on the outlook for the art market in 2026, following a difficult 2025. It notes signs of recovery, including decent sales in Miami and $2.2 billion in marquee New York auctions, but warns of a K-shaped recovery where some sectors will bounce back while others continue to struggle. The piece also highlights a major shift toward the Gulf region, with Art Basel launching in Qatar, Art Dubai celebrating its 20th anniversary, Frieze debuting in Abu Dhabi, and the long-awaited opening of the Guggenheim Abu Dhabi, all signaling commercial maturity in the area.

paint drippings art industry news jul 14

This week's art industry news includes Art Basel appointing Egyptian artist Wael Shawky as artistic director of its first Middle East fair, Art Basel Qatar, running February 5–7, 2026. A new fair called Loading… debuts in Hudson, N.Y., during Upstate Art Weekend, while Vienna Contemporary names Abaseh Mirvali as artistic director. Bonhams offers material from Roy Lichtenstein's Hamptons home, and a legendary Le Birkin handbag sells for €8.5 million at Sotheby's Paris. Galleries see Hollis Taggart adding two artists, Adam Lindemann closing Venus Over Manhattan, and Berlin's Meyer Riegger and Paris's Galerie Jocelyn Wolff opening a joint Seoul gallery. Museums include the Zayed National Museum opening in Abu Dhabi, Shamim M. Momin named director of the Bronx Museum, and the Baltimore Museum of Art acquiring 150 new works. The Art Bridges Foundation and Crystal Bridges acquire 90 Indigenous artworks, and the Schirn Kunsthalle Frankfurt opens a temporary location. In legal news, DHS officials visited the National Museum of Puerto Rican Arts and Culture in Chicago.

paint drippings art industry news nov 14

This week's art industry roundup covers major developments across auctions, galleries, and art fairs. Highlights include $1.6 billion in art heading to auction at Christie's, Sotheby's, and Phillips in New York; the sale of the 'Mellon Blue' diamond for $25 million at Christie's Geneva; and the Vanderbilt jewels achieving $4.2 million at Phillips Geneva. In galleries, Sperone Westwater faces possible closure or transformation after 50 years, while Upsilon Gallery opens a new space in Milan. The IFPDA Print Fair expands to include drawings and rebrands, and Abu Dhabi Art will relaunch as Frieze Abu Dhabi next year. The Gallery Climate Coalition reports significant emissions reductions among its members.

abu dhabi art 2025

Abu Dhabi Art (ADA) opens its largest edition to VIPs on November 18 at Manarat Al Saadiyat, featuring 142 exhibitors—up from just over 100 last year. This is the final edition under the ADA name before it relaunches as Frieze Abu Dhabi in 2025, marking a major transition for the Gulf's art market. Key international dealers like Pace are returning after a long absence, and the fair includes works by Robert Indiana, Arlene Shechet, and a teamLab installation. The event comes as Art Basel also plans its 2026 debut in Qatar, signaling a broader regional shift.

gulf art scene global force

The article reports on the rapid expansion of the Gulf art scene, with a packed calendar of events from November to March including Abu Dhabi Art, the Diriyah Contemporary Art Biennale, Noor Riyadh, Desert X AlUla, Art Basel Qatar, Art Dubai, and the Sharjah Biennial. Institutional buying is surging as Abu Dhabi prepares to open its Guggenheim, Qatar Museums acquires for the Art Mill, and Saudi Arabia buys for multiple planned museums. The number of collectors is also growing, driven by a "Covid bounce" of high-net-worth individuals relocating from Europe and India to tax-efficient Dubai and Doha, with 6,700 millionaires moving to the UAE in 2024 alone.

stephen friedman exits tribeca

Stephen Friedman Gallery has announced it will close its New York location in Tribeca by the end of February 2026, less than 30 months after its high-profile opening. The gallery framed the decision as a "strategic evolution" intended to consolidate resources at its London headquarters while maintaining a presence at major international art fairs. Despite the closure, the gallery maintains that its artist roster remains unchanged and its influence in the U.S. will continue through institutional exhibitions.

golestan palace tehran damaged us israel bombing

The Golestan Palace, a UNESCO World Heritage site in Tehran, has sustained damage following US-Israeli airstrikes targeting the Iranian capital. According to Iran’s cultural heritage minister, Reza Salehi-Amiri, the Qajar-era complex suffered damage to its historic windows, doors, and mirrors due to blast shockwaves and debris. The escalation of the regional conflict has further impacted cultural hubs across the Middle East, with debris falling near Abu Dhabi’s Saadiyat Island and major institutions in Qatar and the UAE temporarily closing their doors.

jack shainman esther schipper victoria miro olney gleason roster

This article from ARTnews reports on recent industry moves in the art world, including gallery roster additions and appointments. Jack Shainman Gallery added Brooklyn-based interdisciplinary artist Donyel Ivy-Royal, Esther Schipper now represents Tuan Andrew Nguyen in collaboration with James Cohan, Emalin took on Ghanaian artist Jonathan Okoronkwo, and Victoria Miro and Olney Gleason will jointly represent Emil Sands. Additionally, the Bass Museum of Art appointed Jasa McKenzie as associate curator. The piece also highlights a record-breaking $84.1 million sale of William I. Koch's Western art collection at Christie's, which set five new artist records, including Frederic Remington's reset twice.

industry moves december 30 2025

This ARTnews industry moves roundup from December 30, 2025, reports that Fabienne Levy Gallery now represents Amit Berman, whose work is currently in a group show at the Haifa Museum of Art and was previously presented at the Jewish Museum of Venice during the 2024 Venice Biennale. Kevin Umaña has joined The Pit gallery; the New York-based artist had his first solo exhibition in Los Angeles in 2025 and received the Louis Comfort Tiffany Foundation Award that same year. Additionally, Qatar Museums and the Nita Mukesh Ambani Cultural Center have signed a five-year partnership to create educational programs in India and Qatar. The article also notes that the Bayeux Tapestry will be loaned to the British Museum in 2026, requiring a UK Treasury guarantee of $1 billion to insure the work while its French owner undergoes renovation.

art world insiders 2026 market predictions new years

Art world insiders share their predictions for 2026, anticipating a market rebound after a turbulent 2025 marked by gallery closures and tariff announcements. Key developments include the launch of new art fairs by Art Basel and Frieze in Qatar and Abu Dhabi, the return of the Whitney Biennial and Venice Biennale, and a surge in estate-driven sales as the Great Wealth Transfer accelerates. Experts note a revival of interest in Old Masters and classic taste, with collectors returning to bidding and galleries seeing renewed activity.

consultant gulf gold rush south arts new ceo

This week's art industry moves include South Arts appointing Doug Shipman as its next president and CEO, departing his role as Atlanta City Council president to lead the regional nonprofit across nine Southern states. London gallery Alison Jacques now represents Cape Town–born painter Gina Kuschke, with a debut solo exhibition opening January 15. Gallery Wendi Norris in San Francisco will represent the Marie Wilson estate, while Berlin's Galerie Judin adds Jorinde Voigt to its roster in partnership with David Nolan, Dirimart, and Sicardi | Ayers | Bacino. Thaddaeus Ropac appoints John Utterson as director in London, and Aperture secures $2 million in gifts toward its new permanent home. A record $31.4 million was paid for François-Xavier Lalanne's 'Hippopotame Bar' at Sotheby's New York, tripling its high estimate. The article also notes a growing trend of consultancies—mostly US- and European-based—being hired to help the UAE, Qatar, and Saudi Arabia build their cultural sectors.

emerging artist aiza ahmed up next

Emerging artist Aiza Ahmed, a 28-year-old Pakistani-born painter and sculptor who recently completed her MFA at the Rhode Island School of Design, is having a breakout moment in New York. Her first solo show, "The Music Room," is on view at Sargent's Daughters, while she participates in two prestigious residencies: Silver Art Projects at 4 World Trade Center and the Fire Station residency in Doha, directed by Wael Shawky. Ahmed's work explores themes of migration, belonging, and identity, drawing on her family's experience of Partition and her own upbringing across Dubai, London, and the U.S. She will also be the youngest artist at the inaugural Art Basel Qatar in February 2025.