Five forces that reshaped the art market in 2025

In 2025, the art market faced significant challenges, including gallery closures and unfavorable auction results in the first three quarters, driven by geopolitical pressures such as US President Donald Trump's tariffs. However, a rebound occurred in autumn, with buoyant fairs like Frieze London and Art Basel Paris, and strong November auctions in New York totaling over USD 2 billion, carrying momentum to Art Basel Miami Beach. Key events included Gustav Klimt's *Portrait of Elisabeth Lederer* selling for USD 236.4 million at Sotheby's, a record for a Modern work, and a Frida Kahlo self-portrait setting a new record for a work by a woman. Meanwhile, several galleries closed, including Blum, Venus Over Manhattan, Clearing, Kasmin Gallery, Tilton Gallery, and Perrotin and Pace's Hong Kong outposts, while others expanded, such as Thaddaeus Ropac in Milan and Hauser & Wirth in Sicily.

Art Basel Qatar unveils new fair format and appoints Artistic Director

Art Basel has announced details for its inaugural edition in Qatar, set to take place from February 5 to 7, 2026, at the M7 creative hub in Doha's Design District. Departing from the traditional booth model, the fair will introduce an open-format exhibition centered on the theme 'Becoming,' with solo presentations by galleries responding to a central curatorial framework. Egyptian-born artist Wael Shawky has been appointed Artistic Director for the first edition, working alongside Art Basel's Chief Artistic Officer Vincenzo de Bellis to shape the curatorial vision and guide gallery selection. The fair will span two key venues—M7 and the Doha Design District—as well as public sites in Msheireb, and plans include transforming Qatar Museum's Fire Station into a platform for educational programs.

The UAE’s art market is on the up

The UAE's art market is experiencing a resurgence nearly two decades after the 2008 financial crash, driven by a booming economy and strategic investments. Key developments include an Abu Dhabi sovereign wealth fund, ADQ, acquiring a $1 billion stake in Sotheby's, and Art Basel announcing a new fair in Doha, Qatar, set to launch in February 2026. Meanwhile, Christie's is expanding its Dubai office, and Saudi Arabia hosted its inaugural Art Week Riyadh in April, featuring 32 commercial galleries. Despite these regional moves, Dubai remains the Gulf's commercial art hub, with Sotheby's chairman Edward Gibbs noting a 70% increase in regional bidders over five years and Christie's president Anthea Peers reporting that sales of modern Middle Eastern art trebled between 2020 and 2024.

UAE art guide: 12 museum and gallery exhibitions to see, including Gallery Isabelle's 20th anniversary show

The UAE art scene is currently hosting a diverse array of exhibitions across Abu Dhabi, Dubai, and Sharjah, despite regional disruptions. Key highlights include a major Picasso retrospective at Louvre Abu Dhabi, a 10th-century anniversary celebration at 421 Arts Campus titled 'Rays, Ripples, Residue,' and the inaugural photography exhibition at Sharjah Art Foundation’s new Al Manakh venue. These shows range from historical surveys of the human form to contemporary explorations of UAE’s urban development and climate change.

Weekly News Roundup: May 5, 2026

The article reports three major developments in the global art world. Saudi Arabia's Diriyah Company has awarded a $490 million contract for a new flagship space of the Saudi Arabia Museum of Contemporary Art (SAMoCA) in Diriyah, designed by Godwin Austen Johnson. The Sharjah Art Foundation has announced details for Sharjah Biennial 17 (SB17), titled "What remains, sits restive," curated by Angela Harutyunyan and Paula Nascimento, featuring 109 artists and set to open in 2027. Additionally, DATALAND, a new AI art museum founded by Refik Anadol and Efsun Erkılıç, will open on June 20 in Los Angeles, showcasing digital and immersive artworks.

5 Exhibitions in Avignon and its Surroundings to Shine from Spring to Summer

5 expos à Avignon et ses environs pour rayonner du printemps à l’été

A series of five art exhibitions are scheduled from spring to autumn 2026 in and around Avignon, France. The program includes a refreshed permanent display of 1980s art at the Collection Lambert featuring Jean-Michel Basquiat and Nan Goldin, a solo show by Julien Prévieux critiquing artificial intelligence at Le Grenier à Sel, a photography exhibition of South Korean landscapes by Michael Kenna at Galerie Rousset, and other shows focusing on artists from Asia and the Middle East.

British Museum Removed 'Palestinian' From Displays After Pressure From Pro-Israel Group

british museum removed palestinian uk lawyers for israel

The British Museum in London removed the word 'Palestinian' from certain display texts related to the ancient Middle East, replacing it with terms like 'Canaanite.' This action followed a letter from the pro-Israel advocacy group UK Lawyers for Israel (UKLFI) to the museum's director, Nicholas Cullinan, arguing that using 'Palestine' to describe the ancient region was historically inaccurate and erased the Kingdoms of Israel and Judea. The museum stated the changes were made last year, prior to receiving the letter, and that it uses UN terminology for modern maps and 'Palestinian' as a cultural identifier where appropriate.

louvre museum raises ticket prices for non european foreigners

The Louvre Museum board has voted to raise ticket prices by 45% for visitors outside the European Economic Area, effective January 14. The price will increase from €22 ($25) to €32 ($37), affecting tourists from the United States, Britain, and Russia. The move is part of a broader effort to fund infrastructure upgrades and security improvements following a high-profile heist in October in which thieves stole nine pieces of jewelry worth an estimated $102 million from the Apollo Gallery. The museum's director, Laurence des Cars, acknowledged that the institution has "very inadequate" and "outdated" security systems, and a full overhaul is not expected until 2032.

London 20th/21st Century Frieze Week sales achieve a running total of £141.8m / $189.7m / €162.75m

Christie’s 20th/21st Century: London Evening Sale during Frieze Week 2025 achieved £106.9 million, up 30% year-on-year, with a 90% sell-through rate by value. The top lot was Peter Doig’s *Ski Jacket* (1994), sold for £14.27 million after intense bidding, part of the Ole Faarup Collection, which raised £27.3 million total for the Ole Faarup Art Foundation. Other notable sales included works by Lucian Freud, Paula Rego, Gerhard Richter, Pablo Picasso, and Suzanne Valadon, with more than half of all lots selling above high estimate.

UAE art guide: 11 museum and gallery exhibitions to see, from Picasso to the Baghdad Modern Art Group

The article presents a guide to 11 current museum and gallery exhibitions across the UAE, following the conclusion of Art Dubai 2026. Highlights include "Picasso, The Figure" at Louvre Abu Dhabi, which examines Pablo Picasso's reinvention of the human body through works from the Musée National Picasso–Paris; "From the Perspective of Language" at The Third Line, featuring Sara Naim's paintings and video work; and "Move, pause, return" at Gallery Isabelle, marking its 20th anniversary with daily unveilings by artists including Hassan Sharif and Mohammed Kazem. Other notable shows include "Reflections: Modern and Contemporary Art from the Villain Collection" at Bassam Freiha Art Foundation.

Scaled back Art Dubai 2026 reveals wide impact of Iran war

Art Dubai 2026 has announced a significantly scaled-back edition for its 20th anniversary, now running from May 15 to 17 at Madinat Jumeirah with a VIP day on May 14. The fair will feature just 50 galleries—a 60% drop from pre-war expectations—and will be free for all visitors for the first time. Two-thirds of participants are Middle East-based, with all Indian galleries canceling due to safety concerns, shipping risks, and lack of insurance. A new “risk-sharing” model allows galleries to pay a percentage of sales capped at their booth fee, while half of withdrawn galleries’ fees are refunded and half credited toward 2027.

'All the Lands from Sunrise to Sunset' at Green Art Gallery, Dubai, United Arab Emirates on 18 Apr–1 Jun 2026

Green Art Gallery in Dubai is hosting 'All the Lands from Sunrise to Sunset,' a group exhibition featuring Alla Abdunabi, Fatma Al Ali, Alessandro Balteo-Yazbeck, and Michael Rakowitz. The show explores the persistence of imperial logics and extractive economies through diverse media, including text-based collages, reconstructed artifacts made from food packaging, and archival interventions. By examining acts of naming, erasure, and symbolic circulation, the artists treat empire not as a historical relic but as a mutating contemporary condition.

Alserkal Art Month 2026: The ultimate opening weekend guide

Alserkal Avenue in Dubai has launched its 2026 Art Month, expanding its traditional week-long celebration into a five-week program. The opening weekend features 18 participating galleries debuting flagship exhibitions, including a solo show by Anthony Akinbola at Carbon 12 and a 20th-anniversary group exhibition at Gallery Isabelle. Key highlights include interactive screen-printing workshops with Shilpa Gupta and the unveiling of her public art installation, "Still A Sky We Hold," alongside curated tours and artist talks.

Sotheby’s “Origins II” Results Suggest Saudi Collectors Are Prioritizing Legacy

Sotheby's second auction in Saudi Arabia, 'Origins II,' achieved a total of $19.6 million, nearly doubling its low estimate. The sale, held in Diriyah, saw strong demand for Saudi and MENA artists, with a third of works sold to local collectors, signaling a shift from the previous year's reliance on international blue-chip art.

Thinking bigger: gallery stalwarts Sadie Coles, Maureen Paley and Stuart Shave on why they're expanding to new London spaces

Three of London's major gallerists—Maureen Paley, Sadie Coles, and Stuart Shave—are opening substantial new spaces in the capital, defying pessimism about the London art market. Paley has moved into part of Wolfgang Tillmans's former studio at 4 Herald Street, Coles will occupy a townhouse at 17 Savile Row from 14 October, and Shave's Modern Art will open a double shopfront at 8 Bennet Street, St James's, from 14 November. In an interview with The Art Newspaper, they discuss their motivations: Paley cites serendipity and historical significance, Coles sought a different kind of space for her artists, and Shave needed consolidation under one roof after years of fragmentation.

‘We craved external validation, but what's important has shifted’: Dubai gallery The Third Line celebrates 20 years

Dubai gallery The Third Line celebrates its 20th anniversary, marking two decades since its founding in 2005 by Sunny Rahbar, Lisa Farjam, and Claudia Cellini. Born from the anti-Arab sentiment after 9/11, the gallery began as an independent art space with a framing and novelty trading license, operating between a commercial gallery and an artists' space. It launched with a show of five Iranian photographers, later opened a short-lived Doha branch in 2008, and moved to Alserkal Avenue in 2016. To mark the anniversary, the gallery stages an exhibition organized by writer and curator Shumon Basar.

2025 Fall Arts Guide: The Season’s Best Visual Art Exhibits From Big Museums to Small Galleries

The 2025 Fall Arts Guide highlights three visual art exhibits in Washington, D.C. 'Arab Pop Art: Between East and West' at the Middle East Institute features 35 works by 14 Arab and diaspora artists, blending Western pop art with SWANA cultural motifs. 'Vincent Ricardel: Chasing Light' at gallery neptune & brown presents 15 photographs spanning diverse styles and locations. 'Rik Freeman: Wade in the Waters' opens Sept. 24, showcasing oil paintings.

Pérez Art Museum Miami explores the evolution of photography, from Marina Abramović and Zanele Muholi to Wolfgang Tillmans

The Pérez Art Museum Miami (PAMM) is presenting "Language and Image: Conceptual and Performance-Based Photography from the Jorge M. Pérez Collection," an exhibition curated by Fabiana Sotillo that traces the evolution of photography as a fine art form. Featuring works by artists including Thomas Struth, Marina Abramović, Zanele Muholi, Wolfgang Tillmans, Isaac Julien, and María Teresa Hincapié, the show explores photography’s shift from documentary tool to conceptual medium, with a focus on performance art and the camera’s ability to preserve ephemeral moments. The exhibition also draws parallels between historic photographic innovation and contemporary developments like artificial intelligence.

dana awartani venice biennale 2026 saudi arabia

Palestinian Saudi artist Dana Awartani has been selected to represent Saudi Arabia at the 2026 Venice Biennale. Her pavilion will be curated by Antonia Carver, director of Art Jameel, with assistance from Hafsa Alkhudairi. Awartani, known for her material interpretations of conflict in the Middle East, draws on Saudi Arabia's craft and cultural legacies, often collaborating with local artisans or displaced craftspeople. Her recent works include a response to heritage site destruction at the 2024 Diriyah Contemporary Art Biennale and an archive of recreated stone carvings at the 15th Sharjah Biennial.

The Future of Museums Is a Dance Floor

Museums and art institutions are increasingly incorporating nightlife and rave culture into their programming, treating the dance floor as a site of cultural and political significance. Exhibitions like Steve McQueen's 2024 Dia Beacon show, the 2018 'Elements of Vogue' in Madrid, the Swiss National Museum's 2025 'Techno' exhibition, and the author's own 2025 curatorial project 'Rave into the Future: Art in Motion' at the Asian Art Museum demonstrate this institutional turn.

A New Brooklyn Art Fair With a Global Outlook Debuts This Spring

A New Brooklyn Art Fair With a Global Outlook Debuts This Spring

A new art fair called Conductor: Art Fair of the Global Majority will hold its inaugural edition in Brooklyn from April 30 to May 3, 2026. Organized by Powerhouse Arts, it will feature 27 galleries and 17 special projects, bringing together artists and galleries from Africa, Latin America, Asia, the Caribbean, the Middle East, Oceania, and Indigenous nations.

Brian Eno and 200+ Artists Urge British Museum to “Stop Erasing Palestine”

Brian Eno and 200+ Artists Urge British Museum to “Stop Erasing Palestine”

Over 200 artists and cultural groups, led by musician Brian Eno, have published an open letter demanding the British Museum stop what they call the "erasure of Palestine." The letter accuses the museum of altering wall texts in its Middle East Galleries, such as replacing "Palestinian descent" with "Canaanite descent," following pressure from the pro-Israel group UK Lawyers for Israel. The signatories also criticize the institution's past ties to the Israeli embassy and sponsor BP, issuing demands for an expert review of labels and an apology for hosting an Israeli embassy gala.

Defying Soft Power: “Proximities” at SeMA

The Seoul Museum of Art (SeMA) is hosting "Proximities: Contemporary Art from the United Arab Emirates," a major survey featuring over 110 works by 47 artists. Co-curated by Maya El Khalil and Eunju Kim in collaboration with the Abu Dhabi Music & Arts Foundation (ADMAF), the exhibition eschews traditional chronological narratives in favor of a dense, non-linear exploration of Emirati identity. The show is organized into thematic chapters led by artist-curators, featuring works ranging from Shaikha Al Mazrou’s precarious sculptures to Raja’a Khalid’s olfactory installations.

british museum palestine backlash

The British Museum has revised labels for ancient Middle Eastern artifacts in its Levant and Egypt galleries, removing the term 'Palestine' from descriptions of ancient civilizations. The institution states the changes are part of an ongoing review, driven by audience feedback and a recognition that the term is no longer historically neutral due to contemporary political sensitivities.

illuminated medieval manuscripts to know

This article explores the history and significance of illuminated manuscripts, correcting the common misconception that they were exclusively produced by medieval European monks. It highlights five standout examples, including the Très Riches Heures du Duc de Berry, made for Jean I, Duke of Berry around 1411 by the Limbourg brothers, and the Book of Kells, created around 800 C.E. by monks of Iona Abbey. The article notes that illuminated manuscripts, defined by the decorative use of gold or silver, date back to the 4th century B.C.E. and span cultures from the Middle East to Africa and Mesoamerica, serving primarily as status symbols rather than reading material.

immersive studio ghibli exhibition opens abu dhabi may 2026

"The World of Studio Ghibli," a traveling immersive exhibition dedicated to the Japanese animation studio, will open at Manarat Al Saadiyat in Abu Dhabi from May 30 to August 20, 2026. The show features large-scale theatrical sets from 16 Studio Ghibli films, including iconic scenes from My Neighbor Totoro, and tickets are available for 125 AED (about $34). The exhibition launched in 2013 and has previously toured Japan, South Korea, Taiwan, Hong Kong, Bangkok, and Singapore.

mohamed hamidi moroccan modernist painter obituary

Moroccan modernist painter Mohamed Hamidi has died at the age of 84, as announced by the Barjeel Art Foundation in Sharjah. Born in Casablanca in 1941, Hamidi studied at the School of Fine Arts of Casablanca and later at the École Nationale Supérieure des Beaux-Arts de Paris. A founding father of Moroccan modern art, he returned to Morocco in 1967 and taught at the Casablanca School, helping to democratize its curriculum. He participated in the landmark 1969 exhibition “Manifesto” in Marrakech and founded the Moroccan Association of Plastic Arts in 1972. His abstract, erotic paintings incorporated traditional Maghreb motifs and geometric shapes.

glenn lowry middle east podcast interview

Glenn Lowry, who stepped down last month after 30 years as director of the Museum of Modern Art, has given a wide-ranging interview on the podcast *The Art World: What If…?!* with Charlotte Burns. He discusses the Trump administration’s threats to museums’ tax-exempt status, his upcoming advisory roles for the Islamic Arts Biennale in Jeddah and the Kiran Nadar Museum of Art in Delhi, a prospective leadership campaign for Alice Walton’s Art Bridges Foundation, and a series of talks at the Louvre titled “I Want a Museum. I Need a Museum. I Imagine a Museum.”

hong kong adrian cheng web3 blockchain immersive experiences

Adrian Cheng, the mega-collector and regular on ARTnews' Top 200 Collectors list, has announced his new venture ALMAD Group after resigning as CEO of his family's Hong Kong property firm New World Development Co. (NWD) last year. The company will focus on digital assets, blockchain technologies, and immersive digital experiences across entertainment, sports, and media in mainland China, Southeast Asia, and the Middle East. ALMAD has absorbed Cheng's art-meets-commerce platform K11 by AC, which includes the K11 Craft and Guild Foundation, the K11 Art Foundation, and the K11 Art Malls that pair luxury retail with exhibitions by artists like Damien Hirst and Takashi Murakami.

Spring Arts Guide 2026: The Visual Art Exhibitions Making a Splash This Season

The Spring Arts Guide 2026 highlights several major exhibitions opening in the Washington D.C. area, ranging from local photography to expansive collection surveys. Alan Sislen’s 'AMBIGUITY' at Multiple Exposures Gallery explores architectural abstraction, while the National Museum of Women in the Arts hosts 'Making Their Mark,' a traveling exhibition of the Shah Garg Collection featuring luminaries like Howardena Pindell and Joan Semmel. Additionally, the National Museum of African Art presents 'Here: Pride and Belonging in African Art,' a landmark show centering queer voices within the African diaspora.