War in Middle East Art Trade

war in middle east art trade

The escalating conflict between the U.S., Israel, and Iran has cast a shadow over the Middle Eastern art market following missile strikes on key infrastructure in Dubai. With major events like the 20th anniversary of Art Dubai scheduled for mid-April, international galleries and collectors are expressing significant concern over safety and regional stability. Logistics firms like DHL have already warned of shipping delays and rising insurance costs due to restricted airspace and the closure of the Strait of Hormuz.

who will art basel draw to doha

Art Basel will launch a new fair, Art Basel Qatar, in Doha in February 2025, featuring around 50 exhibitors. The expansion into West Asia follows the fair's earlier move into Hong Kong in 2013 and reflects the region's growing wealth and cultural development. Vincenzo de Bellis, Art Basel's director of fairs, stated the company aims to attract collectors from the entire Middle East and North Africa (MENA) region as well as South Asia. The announcement has drawn interest from collectors and curators across Asia, including those from the United Arab Emirates, Malaysia, and India, who see the fair as a potential turning point for Doha's art scene.

art gordon veneklasen sigmar polke

Art dealer Gordon VeneKlasen, former longtime partner of Michael Werner, launched his own gallery at the start of 2025. The new VeneKlasen Gallery made its art fair debut at the inaugural Art Basel Qatar in Doha and will open twin shows of the late German artist Sigmar Polke at its New York and London spaces on March 3 and 12, respectively. In an interview, VeneKlasen discusses his career trajectory, from studying art history and working at the Ashmolean Museum to a stint with the U.S. Census Bureau, before joining Michael Werner and eventually striking out on his own. Several artists, including Florian Krewer, Issy Wood, and Sanya Kantarovsky, are following him to his new venture.

art international artists to watch 2026 biennials

Cultured magazine has published a preview of artists to watch in 2026, focusing on the upcoming biennial season. The article features insights from a dozen industry insiders, including Diya Vij of Powerhouse Arts, who highlights Guadalupe Maravilla's healing-focused practice; Allan Schwartzman, who champions Yoko Ono's underrecognized legacy; Hans Ulrich Obrist, who anticipates Koo Jeong A's multisensory exhibitions; and Victoria M. Rogers, who spotlights Akinsanya Kambon's politically charged ceramics. Major events in 2026 include the 61st Venice Biennale (opening after the death of commissioner Koyo Kouoh), new Art Basel and Frieze fairs in Qatar and Abu Dhabi, and expansions at LACMA and the New Museum.

Female nudity and art that stinks: key takeaways from Venice Biennale 2026

The 2026 Venice Biennale opened with 99 participating countries, including first-timers Somalia and Qatar, under the shadow of curator Koyo Kouoh's death. Her planned theme of "enhancement" and the main show "In Minor Keys" were disrupted by political protests: Pussy Riot objected to Russia's inclusion, and a strike against Israel's participation forced several national pavilions (UK, Austria, France) to close. Key takeaways include pervasive female nudity across pavilions, debates over Russia's presence, criticism of the US pavilion's lackluster art, maritime themes dominating several shows, and the rise of olfactory art.

London Dealer Stephen Friedman Owes $10.6 M. to Dozens of Creditors, Including Artists Deborah Roberts and Kehinde Wiley

London-based gallery Stephen Friedman has accumulated debts of approximately $10.6 million, according to official documents filed with Companies House. Creditors include Coutts & Co. bank (£3.2 million), Pentland Group Ltd. (£1.4 million), the UK tax authority, the Pollen Estate, art logistics company Crozier, and several prominent artists—Alexander Diop (£341,905), Deborah Roberts (£289,232), and Kehinde Wiley (£163,849). The gallery closed its New York space in November 2024 after just two years, then abruptly shut its London location and entered insolvency proceedings in February 2025, shortly after pulling out of Art Basel Qatar. A restructuring proposal by FRP Advisory was approved on 22 April.

art market report 2025 growth high end sales

The global art market returned to growth in 2025, reaching $59.6 billion in sales according to the latest Art Basel and UBS Art Market Report. This 4 percent increase ended a two-year decline, driven primarily by a 9 percent surge in public auction sales and a significant revival in high-value transactions for works priced over $10 million. While the United States maintained its dominant 44 percent market share, the recovery was uneven, with the Impressionist and Old Masters sectors seeing major gains while Postwar and Contemporary art continued to cool.

london stephen friedman gallery abruptly closes insolvency

Stephen Friedman Gallery, a fixture of London’s Mayfair district since 1995, has abruptly entered administration and closed its doors to the public. The gallery confirmed the insolvency process following its last-minute withdrawal from the inaugural Art Basel Qatar. Approximately 25 employees are expected to be laid off, and represented artists have been advised to retrieve their works immediately as the firm undergoes a financial review by FRP Advisory.

veneklasen gallery appoints new partners winds down los angeles

Dealer Gordon VeneKlasen has announced plans to open his own eponymous gallery after separating from Michael Werner Gallery, where he ran the New York space for over 30 years. As part of the agreement, VeneKlasen will take over Werner's New York and London locations, while the short-lived Los Angeles branch of Michael Werner Gallery will close. Two longtime employees, Justine Birbil and Kadee Robbins, have been promoted to partners at VeneKlasen Gallery. The gallery will debut at the inaugural Art Basel Qatar with a solo presentation of works by Issy Wood, followed by exhibitions of Sigmar Polke's paintings in New York and London.

goodman gallery drops artists gabrielle goliath pavilion

Artist Gabrielle Goliath was dropped by her South African representative, Goodman Gallery, before the cancellation of her proposed Venice Biennale pavilion, according to a report by Daily Maverick. Goliath was one of around a dozen artists who exited the gallery between last fall and the present. The gallery clarified that it did not end representation because of her pavilion, citing a structural business review and market contraction. Goliath had been with the gallery for over a decade and will continue to be represented by Galleria Raffaella Cortese. After her representation ended, South African culture minister Gayton McKenzie canceled her pavilion, which was to address killings of women and queer people in South Africa, a genocide in Namibia, and Israel’s war in Gaza. McKenzie denied censorship, claiming interference by an unnamed foreign country, later reported by Ynetnews to be Qatar.

five art world power players form new advisory firm

Five major art world figures have formed a new advisory firm called New Perspectives Art Partners, aimed at serving high-end collectors and institutions. The founders include former Christie’s and Philips CEO Ed Dolman and his son Alex (Dolman Partners), Brett Gorvy of Lévy Gorvy Dayan, Philip Hoffman of the Fine Art Group, and former Sotheby’s rainmaker Patti Wong of Patti Wong and Associates. All five will maintain their existing roles while collaborating on complex, project-driven client needs, leveraging their collective expertise and regional networks.

cracking chinese art market

Mario Cristiani, co-founder of Galleria Continua, reflects on the gallery's 20-year journey in Beijing, describing how a meeting with three friends united by admiration for artist Chen Zhen led to opening a space in China. He recounts the vibrant early 2000s art scene, the transformative impact of the 2008 Beijing Olympics, and the gallery's initial five years without sales, emphasizing that success in China required credibility, consistency, and genuine cultural integration rather than commercial exploitation.

a pay to play art show in marfa sparks controversy and more juicy art world gossip

The Marfa Invitational, a small art fair in West Texas, has sparked controversy after pivoting to a new format called the "Marfa Invitational Open." The fair issued an open call to Texas-based artists, charging a $75 application fee and later requiring an additional $150 "installation fee" not disclosed in the original terms. Over 500 artists applied, but many dropped out after the hidden fee was revealed, leading to a boycott campaign. Approximately 160 artists ultimately exhibited at the Saint George Hotel last weekend. The fair had previously faced scandal in 2023 when its tax-exempt status was revoked due to cofounder Michael Phelan's failure to file required paperwork.

qatar lures art basel

MCH Group, parent company of Art Basel, announced a new Doha edition of the Swiss art fair, set to launch in February 2026. Art Basel Qatar will start with 50 galleries and expand to around 200, partnering with Qatar Sports Investments and QC+, a commercial arm of Qatar Museums. The fair aims to bolster markets across the Middle East, North Africa, and South Asia.

art dubai digital

Art Dubai became the first major art fair to launch a dedicated digital art section in 2022, inspiring similar initiatives at Paris Photo and Art SG. Now in its fourth year, Art Dubai Digital is thriving in the Gulf region, where cities like Dubai and Abu Dhabi have heavily invested in emerging technologies, including the Dubai A.I. campus, the Museum of the Future, and teamLab Phenomena. The fair has attracted tech entrepreneurs and crypto investors, and Sotheby's recent decision to accept cryptocurrency in Saudi Arabia reflects growing infrastructure for digital art transactions. However, the question remains whether digital art can appeal to traditional collectors or will remain a separate market.

The 25th Biennale of Sydney: “Rememory”

The 25th Biennale of Sydney, titled "Rememory," opened in March 2026 across multiple venues in Sydney, including the prominent White Bay Power Station. Curated by Hoor Al-Qasimi, the exhibition features 83 artists and collectives from around the world, presenting works that demand slow, immersive engagement rather than spectacle, with highlights including large-scale textile installations by Edgar Calel and Nikesha Breeze.

Mexico City’s Zona Maco fair continues to draw upbeat crowds and eager buyers

Mexico City's Zona Maco fair is drawing upbeat crowds and eager buyers at the Centro Banamex convention centre, running until 8 February. Despite geopolitical tensions and the addition of Art Basel Qatar to the international calendar, collectors, curators, and museum groups from the Americas and Europe are attending in strong numbers. Galleries such as Sean Kelly Gallery, Proyectos Monclova, Kouri + Corrao, and Palo Gallery report robust sales and deep conversations with visitors, with a notable emphasis on ceramics and materiality in the works on view.

MENA Artists Are Having a Market Moment That’s Built to Last

Auction sales for artists from the Middle East and North Africa (MENA) region rose 9.4% to $33.2 million in 2025, driven by increased activity from international auction houses and the emergence of new hubs like Riyadh. The Sotheby's 'Origins' sale in Saudi Arabia achieved $17.3 million, setting artist records, while works from Lebanon, Egypt, and Iraq saw particularly strong gains, indicating a market rebalancing.

The first Art Basel Qatar heralds a new model for art fairs in the region

Art Basel has launched its first fair in Qatar, adopting a novel format distinct from its other global events. The fair, featuring 87 galleries, requires each to present only one artist and is spread across multiple venues in Doha's Msheireb cultural district, with an open-plan, museum-like layout and special commissioned projects. Artist Wael Shawky serves as artistic director, emphasizing curatorial coherence over commercialism.

Fair behemoths bet on Gulf plus new, bigger venues for Independent—a quick look at art fairs in 2026

Art Basel and Frieze are both launching new fairs in the Arabian Gulf in 2026: Art Basel Qatar in Doha (5-7 February) and Frieze Abu Dhabi in Abu Dhabi (17-22 November). Art Basel Qatar will feature 87 galleries with solo artist presentations on the theme 'Becoming,' curated by artistic director Wael Shawky, with major dealers like Gagosian and David Zwirner participating. Frieze Abu Dhabi takes over the existing Abu Dhabi Art fair, with Dyala Nusseibeh remaining as director and Deutsche Bank as sponsor. Meanwhile, Independent's two New York fairs are moving to larger venues: the contemporary edition to Pier 36 on the East River in May, and Independent 20th Century to Sotheby's Breuer building in September. Art Cologne is also reviving its Mallorca edition at the Palau de Congressos in Palma.

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.

The Art Market Year in Review

The art market experienced a turbulent 2025, beginning with a 12% decline in sales from 2024, following a 3% drop in 2023, as reported by the Art Basel and UBS Global Art Market Report. Major auction houses Christie’s, Sotheby’s, and Phillips saw average sales fall 6% in the first half of the year. However, the market rebounded by autumn, with strong sales at London and Paris art fairs and a 15% year-on-year increase in auction sales at the three main houses by December, according to Pi-eX. Key events included Sotheby’s failed sale of Alberto Giacometti’s *Grand tête mince* in May, followed by a record-breaking $236 million sale of Gustav Klimt’s *Portrait of Elisabeth Lederer* in November, and a $31.4 million record for François-Xavier Lalanne’s *Hippopotame Bar*.

10 Galleries That Had a Breakout Year in 2025

The article highlights 10 galleries that achieved significant growth and recognition in 2025, despite a challenging market environment marked by tariffs and trade uncertainty. Featured galleries include Tokyo's CON__, which gained global visibility through standout presentations at Frieze Seoul and NADA New York; Munich and New York-based LOHAUS SOMINSKY, which debuted at Art Basel Miami Beach and opened a Tribeca outpost; and Chicago's Hans Goodrich, which quickly established itself with a cross-generational exhibition program and international fair appearances.

As censorship rises, is there a future for truly political, truth-telling art?

The article examines the growing threat of censorship in the visual arts, focusing on two key incidents. In the US, the Trump administration pressured the Smithsonian Institution to review its holdings for content that contradicts "American exceptionalism," leading artist Amy Sherald to withdraw her entire solo exhibition from the National Portrait Gallery after the museum considered removing her painting *Trans Forming Liberty* (2024), which depicts a transgender person as the Statue of Liberty. Meanwhile, in France, Dutch street artist Judith de Leeuw unveiled a monumental mural in Roubaix showing the Statue of Liberty covering its eyes in shame, protesting global migrant injustice, which went viral online.

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.

Artist interview

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Hyperallergic’s Guide to the 2026 Venice Biennale

Hyperallergic has published its guide to the 2026 Venice Biennale, detailing what to see and do at this year's edition. The guide covers the three main categories of the Biennale—the Giardini with 29 permanent national pavilions, the Arsenale with temporary rented spaces, and collateral events across the city. Key developments include the return of Russia to its permanent Giardini pavilion and Israel's participation with a new contractual stipulation preventing its artist from closing the pavilion, after Ruth Patir's protest in 2024. South Africa withdrew following the cancellation of Gabrielle Goliath's video installation 'Elegy,' which mourns victims of Israel's genocide in Gaza and will now be shown at a historic church. The United States will be represented by Alma Allen after Barbara Chase-Riboud stepped down, and Qatar is set to become the first country in decades to build a new pavilion in the Giardini.

art maren hassinger sculptures metal

Maren Hassinger, the 78-year-old artist known for her sculptural work with steel and wire rope, discusses her upcoming retrospective at the Berkeley Art Museum and Pacific Film Archive, opening in June. In an interview, she reflects on her early rejection from a dance major at Bennington College, which led her to sculpture under the mentorship of Isaac Witkin, and her long collaboration with fellow artist Senga Nengudi since the 1970s. She also talks about her current studio practice, creating large-scale vessels, and her move from Los Angeles to New York to sell her work.

art cayetano ferrer sculpture los angeles

Cayetano Ferrer, a 44-year-old artist born in Honolulu and raised in Las Vegas, is featured in a studio visit ahead of his solo exhibition "Object Prosthetics" at Commonwealth and Council in Los Angeles, running from January 31 to March 14. Ferrer's work often begins in archives, exploring how time is annotated and reinterpreted; his early piece made from casino carpeting was shown at the first "Made in L.A." biennial in 2012. He has salvaged fragments from the original William Pereira-designed LACMA buildings for recent projects, and is currently pursuing a PhD in Historic Preservation at Columbia University. The interview covers his creative process, influences like Caetano Veloso's concept of antropofagia, and his use of a hot iron seaming machine called the Kool Glide Pro.