The Iran War Is Already Tanking Luxury Sales in the Gulf—Could Art Be Next?

Escalating military conflict between the US, Israel, and Iran, which has included strikes on Gulf states, is disrupting the region's burgeoning art market. Major events like Art Dubai have been postponed and scaled back significantly due to exhibitor withdrawals, and planned fairs like Frieze Abu Dhabi face uncertainty. The instability has also caused a sharp spike in shipping and insurance costs for artworks moving through the region.

Which Country’s Art Market Came Out on Top in 2025?

The United States solidified its position as the world's leading art market in 2025, with fine-art auction sales rising 25.3 percent to reach $5.4 billion. Despite early volatility caused by trade tariffs, a surging stock market and cooling inflation fueled a massive November auction season in New York, where nine of the year's ten most expensive artworks were sold. In contrast, China's market contracted by nearly 11 percent due to a persistent property crisis, while the United Kingdom and France saw significant growth, with Paris benefiting from the momentum of Art Basel Paris.

Basel’s Art Exhibitions in 2026: A Must-Visit for Art Lovers and Tourists Seeking Unique Cultural Experiences

Basel, Switzerland, is spotlighting two major art exhibitions in spring 2026. The Fondation Beyeler presents a solo show of French painter Paul Cézanne, featuring around 80 works including his celebrated "Bathers" series, running until May 25. On May 1, the museum will host a "Day of the Bathers" where visitors in swimwear receive free admission, inspired by Cézanne and provocateur Maurizio Cattelan. Meanwhile, the Kunstmuseum Basel is showing "The First Homosexuals," an exhibition examining the birth of the word "homosexual" in 1868–69 and its impact on identity and visual representation through over 80 works from the 19th century.

Lee Bul's Retrospective Transforms M+ During Art Basel

The M+ museum in Hong Kong has launched a major retrospective of South Korean artist Lee Bul, timed to coincide with Art Basel Hong Kong 2026. Titled 'Lee Bul: From 1998 to Now,' the exhibition features over 200 works, including her iconic 'Cyborg' and 'Anagram' series, as well as large-scale immersive installations like 'The City of the Sun.' Co-organized with the Leeum Museum of Art, this exhibition marks the artist's largest retrospective to date and traces her evolution from early body-centric performances to complex, sci-fi-inspired urban landscapes.

Jenny Holzer and Arthur Jafa among nominees for Art Basel Awards 2026.

Art Basel has announced the 33 nominees for the second edition of the Art Basel Awards, held in partnership with the fashion brand BOSS. The diverse shortlist features high-profile contemporary artists such as Jenny Holzer, Arthur Jafa, and Barbara Kruger, alongside multidisciplinary figures including architect Kulapat Yantrasast and critic Hilton Als.

Art Basel's solution to PDF pre-sales? Ask galleries to reserve works until opening day

Art Basel has announced a new initiative called Basel Exclusive for its flagship Swiss fair in June 2025, asking participating galleries to withhold their most important or expensive works from all pre-fair previews, online viewing rooms, and publicity. Instead, these "marquee works" will be unveiled for the first time during the First Choice VIP preview on 16 June. The initiative aims to restore a sense of surprise and urgency, countering the trend of galleries pre-selling works to clients before the fair opens. Around 170 galleries have already signed up, including major names like Gagosian, David Zwirner, Hauser & Wirth, Pace Gallery, and Sadie Coles HQ.

Comment | The market grew in 2025 but ‘interest in art is waning’

The global art market saw a 4% growth in 2025 according to the latest Art Basel and UBS Art Market Report, yet the industry remains on edge. Despite the headline increase, the report reveals a sharp decline in the average number of buyers per gallery—reaching its lowest level since 2021—and rising operational costs for shipping and logistics. Protectionist trade policies and geopolitical instability, particularly escalating conflicts in the Middle East affecting oil prices, continue to strain the contemporary sector.

The Narrow Corridor of Normality

Der schmale Korridor der Normalität

Artist Beate Gütschow reflects on Pieter Bruegel the Elder’s 16th-century engraving "Spes" (Hope), which she encountered during a visit to the Kunstmuseum Basel. The artwork depicts a personified figure of Hope standing amidst a chaotic scene of shipwrecks and flooding, symbolizing the necessity of maintaining focus and action even in the face of overwhelming disaster.

Frieze Taps Art Basel Veteran Frank Lasry as Chief Operating Officer

Frieze has appointed Frank Lasry as its new Chief Operating Officer, effective this June. Lasry joins the organization with an extensive pedigree in the art market, having previously served as COO at Perrotin and managing director at Art Basel, where he was instrumental in launching Art Basel Paris. His career also includes senior leadership roles at major auction houses Christie’s and Phillips, positioning him as a veteran executive with deep operational expertise across multiple sectors of the industry.

Three Filipino artists make the Sovereign Asian Art Prize 2026 shortlist

The Sovereign Asian Art Prize, now in its 22nd year, has announced its 2026 shortlist of 30 artists from 12 Asia-Pacific countries and territories. Among the finalists are three Filipino artists: Joey Cobcobo, Josephine Turalba, and Alvin Zafra. Cobcobo's nominated work, "Ika-8 Utos: Wag Kang Kukurap (Thou Shall Not Steal)," addresses corruption in the Philippines using a recycled canvas walked on by the public. Turalba, a transdisciplinary artist, has exhibited at Art Basel Hong Kong 2025 and serves as director of the Artistic Research Center at Philippine Women's University. The prize is run by the Sovereign Art Foundation, with proceeds from shortlisted works supporting its Make It Better charity program for children in Hong Kong.

[Interview] Scenes of Memory and Modern Life: Sun Yitian x Samsung Art Store

Chinese artist Sun Yitian has partnered with the Samsung Art Store to feature her large-scale painting "Ken" (2023) as part of the Art Basel Hong Kong 2026 digital collection. The work, which depicts Barbie’s male counterpart at a massive three-meter scale, explores themes of mass production, the male gaze, and the hollow nature of modern plastic icons. The collaboration marks a bridge between Sun's physical painterly practice and the digital accessibility of contemporary art on domestic screens.

Sotheby’s Sued by Cushman and Wakefield Over Unpaid $10.2 Million Commission

Real estate brokerage Cushman and Wakefield has filed a lawsuit against Sotheby’s, alleging the auction house failed to pay a $10.2 million commission following the $510 million sale of its former York Avenue headquarters to Weill Cornell Medicine. The broker claims that under a 2023 agreement, they were entitled to a 2-percent fee if the medical school transitioned from a tenant to a buyer, a deal that was finalized in 2025. Sotheby’s has dismissed the lawsuit as "baseless," asserting they will be vindicated in court.

“Where it doesn’t reach” at Lo Brutto Stahl, Paris

Lo Brutto Stahl in Paris is hosting a group exhibition titled "Where it doesn’t reach," featuring the works of Hélène Janicot, Park McArthur, and the late conceptual artist Bas Jan Ader. The show creates a dialogue between contemporary sculpture and installation by Janicot and McArthur and historical lens-based media by Ader. Notably, the exhibition's reach extends beyond the Parisian gallery space to include a presence in Basel.

[Interview] Framing Space Through the Human Experience: Michael Najjar x Samsung Art Store

German artist and future astronaut Michael Najjar has partnered with the Samsung Art Store to feature his work "europa" (2016) as part of the Art Basel Hong Kong 2026 Collection. Najjar, who is scheduled to become the first contemporary artist in space via a 2027 Virgin Galactic flight, uses his practice to explore the intersection of technology, space exploration, and human ambition. The collaboration allows his large-scale digital constructions to be displayed on Samsung Art TVs, bridging the gap between the physical art fair and domestic environments.

Conference: Baselitz, Immendorff, Lüpertz, Penck Group exhibition at the Kunstmuseum Schloss Derneburg

Konferenz: Baselitz, Immendorff, Lüpertz, Penck Group exhibition at the Kunstmuseum Schloss Derneburg

The Kunstmuseum Schloss Derneburg in Holle, Germany, has opened a major group exhibition titled "Konferenz: Baselitz, Immendorff, Lüpertz, Penck." The show features over 50 significant works by the four celebrated post-war German artists, exploring their unique approaches to national identity during a period of political division. It includes pieces from Georg Baselitz's personal collection of his contemporaries' work, supplemented by archival photographs by Edward Quinn from the 1980s.

Art exhibits to see this April

The Philippine art scene is experiencing a surge of activity both domestically and internationally this April. Highlights include major presentations at Art Basel Hong Kong by The Drawing Room and 10 Chancery Lane Gallery, featuring artists like Mark Justiniani, Cian Dayrit, and Josephine Turalba. Locally, significant exhibitions are opening across Metro Manila, ranging from Geloy Concepcion’s social media-driven photography project at the Ateneo Art Gallery to a rebellious group show curated by Pow Martinez at Modeka Art.

Nairy Baghramian and Ibrahim Mahama to create major new commissions for Art Basel 2026.

Art Basel has announced that Nairy Baghramian and Ibrahim Mahama will create major new site-specific sculptures for the 2026 edition of its flagship fair in Switzerland. Baghramian will present "Modèle vivant (S’empilant)" (2026), an elaborate installation designed for the Messeplatz fountain, while Mahama's commission details are yet to be fully disclosed. Both artists are part of Art Basel's inaugural class of Gold Awardees, with the commissions first revealed in February 2026.

2026 Art Basel Award Winners Announced

Art Basel has unveiled the 33 medalists for its 2026 global honors program, recognizing a diverse group of artists, curators, and institutions. The selection highlights a strong Southeast Asian presence, including architect Kulapat Yantrasast and filmmaker Apichatpong Weerasethakul, alongside international figures like Laurie Anderson and Julie Mehretu. These awards celebrate practitioners across categories such as Emerging Artist, Established Artist, and Cross-Disciplinary Creator, with winners to be celebrated at the upcoming Basel fair in June.

Walter Pichler “Die Bleche und ich gehen heim” at Contemporary Fine Arts, Basel

Walter Pichler's exhibition "Die Bleche und ich gehen heim" (The Sheets of Metal and I Are Going Home) is being presented at Contemporary Fine Arts in Basel. The show features a significant body of the artist's work, stemming from a long-standing relationship between the gallery and Pichler that began with an invitation in 1994.

Otobong Nkanga: ‘I Dreamt of You in Colours’

Artist Otobong Nkanga has unveiled a major new installation titled 'I Dreamt of You in Colours' at the Kunsthalle Basel. The immersive, site-specific work explores themes of memory, landscape, and the extraction of natural resources through a complex tapestry of textiles, drawings, and sculptural elements.

Jorge Nava | Untitled (2022) | Art & Prints

This article presents Jorge Nava's 2022 painting "Untitled," an oil-on-linen work measuring 180 × 180 cm, offered by Arma Gallery in Madrid. Nava, a Spanish artist born in Gijón in 1980, studied at the University of the Basque Country and Kunsthochschule Berlin Weissensee under Professor Katherina Grosse. His career includes participation in international fairs such as ARCO, CIRCA in Puerto Rico, Scope Art Fair in New York, and Photo Miami Art Basel, as well as exhibitions at Alzueta Gallery and the Barjola Museum. His work belongs to collections including the María Cristina Masaveu Peterson Foundation and private collections across Europe and North America.

In Lugano, there are 5 exhibitions dedicated to the Orient to discover around the city

A Lugano ci sono 5 mostre dedicate all’Oriente da scoprire in giro per la città

Five exhibitions dedicated to East Asian art are currently on view across Lugano, Switzerland. Four are housed in the city's two major museums, MASI and MUSEC, while the fifth is presented by Primo Marella Gallery. The shows feature a range of works, from historical Japanese kakemono scrolls and screens to contemporary art by Chinese artists Zhang Hong Mei and He Wei, and a survey of video art from South Korea.

NI artist, Robyn Ward Announces New Global Exhibition ‘Shards of Dawn’

Northern Irish artist Robyn Ward has announced a major global exhibition titled 'Shards of Dawn,' set to premiere in 2026. The exhibition will debut at Mana Contemporary in New Jersey before traveling to Mana Contemporary Miami during Art Basel and concluding at the Modern Art Museum Shanghai in 2027. Curated by Shai Baitel, the body of work incorporates industrial fragments and discarded materials, marking the second installment of a trilogy that explores themes of memory, fracture, and resilience.

Suzann Victor installation lights up Art Basel Hong Kong

Singaporean artist Suzann Victor has unveiled a major installation at Art Basel Hong Kong, showcasing her signature blend of large-scale spectacle and deep conceptual inquiry. The Sydney-based artist, recognized as a pioneer of contemporary art in Southeast Asia, utilizes her multidisciplinary practice to challenge viewers to confront the enduring psychological and cultural impacts of postcolonialism.

The Art Market Check by Melanie Gerlis

Art market specialist Melanie Gerlis has launched a new editorial series titled "The Art Market Check," produced in collaboration with Art Basel. The series features Gerlis, a prominent columnist for the Financial Times and editor-at-large for The Art Newspaper, providing expert analysis and commentary on various sectors of the global art trade throughout the annual calendar.

Interview with Gala Alica

Gala Alica, a prominent contemporary artist, has been appointed as the new Artistic Director of the prestigious Kunsthalle Basel. The interview details her vision for the institution, which includes a renewed focus on interdisciplinary projects and supporting emerging artists from underrepresented regions.

Robot dogs with Elon Musk's head 'poo' AI art in bizarre exhibition

Artist Beeple (Mike Winkelmann) has installed "Regular Animals" at Berlin's Neue Nationalgalerie, featuring robot dogs with hyper-realistic silicone heads of Elon Musk, Mark Zuckerberg, Jeff Bezos, Andy Warhol, Pablo Picasso, and Beeple himself. The dogs roam the gallery and periodically "poo" printed images of their surroundings that have been transformed by artificial intelligence, with each dog's output reflecting the style of its figurehead—for example, the Picasso dog produces Cubist-style images. The work premiered at Art Basel Miami Beach 2025, where Beeple distributed the prints with certificates reading "100% organic GMO-free dog s**t" and QR codes for free NFTs.

Robot dogs with Musk and Zuckerberg heads roam around Berlin gallery in Beeple's new exhibit

American artist Beeple (Mike Winkelmann) has installed an interactive piece titled "Regular Animals" at Berlin's Neue Nationalgalerie, featuring robot dogs with hyper-realistic silicone heads modeled after Elon Musk, Mark Zuckerberg, Jeff Bezos, Andy Warhol, Pablo Picasso, and Beeple himself. The dogs roam the gallery and "poo" printed AI-transformed images of their surroundings, with each dog's output reflecting the worldview of its human figure—for example, the Picasso dog produces Cubist-style images. The work, first shown at Art Basel Miami Beach 2025, includes QR codes on prints that grant access to free NFTs.

Filipa Ramos takes on 2027 Lofoten Festival

Filipa Ramos has been appointed curator of the 19th edition of the Lofoten International Art Festival, set to take place across the Norwegian arctic archipelago in June 2027. Ramos, a curator and writer who teaches at the Institute Art Gender Nature of the Academy of Art and Design FHNW in Basel, is known for ecologically-focused research that reimagines human-animal-environment relationships. She authored *The Artist as Ecologist* (2025) and is currently organizing the LOOP Festival in Barcelona and the symposia series *The Shape of a Circle in the Mind of a Fish*, created with Lucia Pietroiusti.

Inside the Inaugural Edition of Art Cologne Palma Mallorca

The inaugural edition of Art Cologne Palma Mallorca took place from April 9–12, 2026, attracting 88 galleries from 20 countries and over 10,000 visitors to the Mediterranean island. The fair, held at the Palau de Congressos Convention Centre, reported strong sales and sold-out weekend days, with Artistic Director Daniel Hug praising the high level of engagement and positive response from both exhibitors and attendees. A second edition has already been scheduled for April 1–4, 2027.