art market minute may 26 2649332
Art Basel is launching a new fair in Doha in February 2026, marking its fifth global edition and a strategic expansion into the Gulf region. The move is backed by Qatar Sports Investments and QC+, a commercial arm of Qatar Museums, reinforcing Qatar’s cultural ambitions while placing the country in direct market competition with Dubai and a rising Saudi Arabia. Additionally, Sotheby’s has sold the most valuable trove of Old Master works ever offered in a single auction, and there have been more high-profile shifts from auction houses to private dealerships.










