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Art Market Minute: March 9

art market minute mar 9

The Gulf region’s art market is navigating a period of significant instability as escalating geopolitical tensions between the U.S., Israel, and Iran threaten the upcoming Art Dubai fair. Long considered a safe haven for global culture and commerce, the United Arab Emirates now faces questions regarding its perceived insulation from regional conflict just weeks before its major international art event.

bauhaus buildings white city tel aviv damaged

Two historic Bauhaus-style buildings within Tel Aviv’s UNESCO-listed White City were damaged during a series of missile strikes involving Iran, the US, and Israel. Among the affected structures is the Froma Gurvitz house, a privately owned residence that had undergone restoration a decade ago. The Bauhaus Center Tel Aviv released images of the destruction, emphasizing that these buildings represented symbols of modernity and refuge for German Jewish architects who fled to the region in the 1930s.

israeli airstrike doha qatar risk of planning art basel fair

On Tuesday, Israel carried out a missile strike in Doha, Qatar, targeting senior Hamas leaders, with explosions reported in the Leqtaifiya neighborhood and smoke visible over the Katara cultural district. The strike comes as a shock to Qatar, which has built a reputation for stability and is home to major art institutions operated by Qatar Museums, including Mathaf: Arab Museum of Modern Art, the National Museum of Qatar, and the Museum of Islamic Art. Art Basel, which announced in May a partnership with Qatar Sports Investments and QC+ to launch Art Basel Doha in February 2026, said it is closely monitoring developments and remains committed to the fair's inaugural edition.

grand egyptian museum delays grand opening again egypt

The Grand Egyptian Museum (GEM) has postponed its official grand opening, originally scheduled for July 3, until the final quarter of this year. Egyptian Prime Minister Mostafa Madbouly cited "current regional developments" in a press conference, referencing recent conflict between Israel and Iran. The museum issued a statement explaining the delay stems from a sense of national responsibility, aiming to hold the event at a more auspicious time. This is not the first delay for the project, which has faced setbacks since its announcement in 1992 due to political unrest, the Covid-19 pandemic, and economic struggles. The GEM has partially opened, with 12 main galleries accessible since late October 2024.

The Picasso of India: Amrita Sher-Gil exhibit opens in Drents Museum

The Drents Museum in Assen, Netherlands, has opened a major exhibition of works by Amrita Sher-Gil (1913-1941), the Hungarian-Indian painter often called the Picasso of India. Titled “Europe is Picasso’s, India is Mine,” the show features nearly 50 paintings and drawings on loan from the National Gallery of Modern Art in New Delhi, marking the first-ever Sher-Gil exhibition in the Netherlands and the first in Europe in nearly two decades. Originally scheduled for March, the opening was delayed due to geopolitical tensions linked to the war in Iran, which postponed the transport of the artworks. The museum worked for six years to secure the loan, and 23 Dutch museums stepped in to create an alternative exhibition during the delay.

First Look at the Met’s ‘Costume Art’ Where Every Body Matters, Really

The Metropolitan Museum of Art has unveiled its spring exhibition "Costume Art" in the Condé M. Nast Galleries, featuring around 200 pairings of garments and artworks that trace connections across centuries. The show prioritizes fashion over art, displaying dresses, jeans, body stockings, and bustiers to explore the human form through sections like "Naked and Nude Body," "Corpulent Body," and "Disabled Boy." Chief curator Andrew Bolton emphasizes celebrating body diversity amid threats from AI and politics, with nine individuals—including fashion designer Michaela Stark—scanned to create more realistic mannequins.

Boman Irani: Art can calm you, excite you, and make you do better things in life

Actor Boman Irani inaugurated the group exhibition 'To Be Continued…' at the prestigious Jehangir Art Gallery in Mumbai. Featuring nearly 70 works ranging from scrap metal sculptures to 3D canvases, the show brings together a diverse group of emerging and established artists. During the event, Irani engaged personally with the participants, emphasizing the role of galleries as essential spaces for creative inspiration and human development.

Louvre Abu Dhabi director Manuel Rabaté leaves to head India’s largest private art museum

Manuel Rabaté, the inaugural director of the Louvre Abu Dhabi since 2016, has been appointed as the first chief executive and director of the Kiran Nadar Museum of Art (KNMA) in New Delhi. He will step down from his current role on March 7 and join the Indian museum in the first half of this year.

Iranian galleries close amid protests and communications blackout

Iranian galleries have closed or altered their hours as nationwide protests, sparked by economic turmoil and a crashing currency, escalated into violent unrest. The protests began on 28 December among bazaar traders and spread to artists and gallerists, with many shutting their doors or canceling exhibitions, some under public pressure. A government-imposed internet and communications blackout on 8 January has severely limited information, though one gallerist speaking anonymously described the closures as a unified act of solidarity across society, not merely a response to safety concerns. The gallerist noted that the economy is in its worst condition, with basic necessities unaffordable and even bubble-wrap prices fluctuating wildly. Another gallery founder confirmed that all projects are on hold, and staging exhibitions risks public backlash. Instagram account Galleryinfo.ir faced online criticism for promoting exhibitions during the crisis, while Bavan Gallery reversed its initial stance of "resilience is an art form" and announced it would hold no exhibitions.

Best new awards & arts prize winners: November 2025

The article reports on several major arts and literary prize winners announced in November 2025. Swedish photographer Martina Holmberg won the £15,000 Taylor Wessing Photo Portrait Prize for her portrait 'Mel,' with other prizes awarded to Luan Davide Gray, Byron Mohammad Hamzah, and Hollie Fernando. Australian author Helen Garner won the Baillie Gifford Prize for Non-Fiction for 'How to End a Story.' The Forward Poetry Prizes named joint winners Vidyan Ravinthiran and Karen Solie for best collection, while Bogdan Ablozhnyy received the Camden Art Centre Emerging Artist Award. Historian Sunil Amrith won the British Academy Book Prize for 'The Burning Earth,' and the Women's Prize for Playwriting announced its longlist.

A tome accompanying the Lahore Biennale is a celebration of authenticity

The second Lahore Biennale took place in early 2020 across Lahore, Pakistan, with installations at historic sites such as the Badshahi Mosque, Lahore Fort, Tollinton Market, and Bradlaugh Hall. Artists like Barbara Walker and the Pak Khawateen Painting Club presented works addressing colonial erasure, sexuality in an Islamic Republic, and water scarcity. Skira has published the "Lahore Biennale 02 Reader," edited by Sheikha Hoor al Qasimi and Iftikhar Dadi, which compiles essays and reflections from the biennial's academic forum, including contributions from the Ajam Media Collective and anthropologist Seema Golestaneh on Sufism and state power in Iran and Pakistan.

A Testimony to Survival and Hope Amid Chaos and Destruction

Vian Sora's first solo museum exhibition in the United States, 'Outerworlds,' is on view at the Santa Barbara Museum of Art (SBMA) through September 7. The exhibition features vibrant, layered abstract paintings that the artist describes as deeply personal, including 'Forest Remains,' a 2023 SBMA acquisition that she considers a self-portrait about migration and assimilation. Sora, born in Baghdad and a survivor of the Iran–Iraq War, Gulf War, and the 2003 invasion, discussed her work in a conversation with SBMA Chief Curator James Glisson, explaining how a 2015 hysterectomy led to a dramatic shift in her style toward bold, colorful compositions. The show will travel to the Speed Art Museum in Louisville and the Asia Society Texas Center after its Santa Barbara run.

Iran Will Not Participate in Venice Biennale, Organizers Say

Iran will not participate in the 61st Venice Biennale, which opens for previews this week, the Biennale Foundation announced on May 4. The decision comes two months after the United States and Israel launched strikes across Iran, and amid renewed tensions along the Strait of Hormuz. The Iranian pavilion was to be commissioned by Aydin Mehdizadeh Tehrani, director general of the visual arts office in the Iranian Ministry of Culture. Iran has had inconsistent attendance at the Biennale since 1958, with a long absence between the 1960s and 2003, but has participated semi-consistently over the last two decades, most recently in 2024.

At Joy Machine, ‘Feel Free’ Plumbs the Tension Between Chaos and Control

Joy Machine presents 'Feel Free', a group exhibition featuring new works by Rachel Hayden, Paulina Ho, Hanna Lee Joshi, and Jeremy Miranda. The show opens with a reception on May 15, 2026, and runs through June 27, 2026. Each artist explores the tension between chaos and control, using diverse media—from acrylic and gouache to Japanese indigo on thrifted textiles—to capture moments of impermanence and unexpected harmony.

Martha Stewart Curates JOOPITER’s Art Debut

JOOPITER, the auction platform founded to rethink collecting for a digital generation, will launch its first dedicated contemporary art sale this spring. Titled "The Contemporary Take," the online auction runs from April 28 through May 6, 2025, and is curated in collaboration with Martha Stewart. The sale features nearly fifty works by established and emerging artists, including Alex Katz, Jeff Koons, Amy Sherald, George Condo, Esther Mahlangu, Lynette Yiadom-Boakye, Ai Weiwei, and Damien Hirst, selected to reflect the renewal and vibrancy of the season. The auction also marks the debut of late Iranian-American artist Davood Roostaei.

The Walters Art Museum Shines a Light On the Toxic History of Medieval Manuscripts

The Walters Art Museum in Baltimore has opened "If Books Could Kill," an exhibition exploring the toxic history of medieval manuscripts. The show reveals how pigments like white lead, red mercury, and arsenic were commonly used by scribes, artists, and bookbinders, exposing them to serious health risks. Co-curated by Dr. Lynley Anne Herbert and Dr. Annette S. Ortiz Miranda, the exhibition features 24 rarely displayed manuscripts from the museum's collection, including a Thai treatise on elephants with arsenic-based yellows and a 15th-century Armenian Gospel with vermillion pigments. It also includes a conservator-led video demonstrating how portable X-ray fluorescence (pXRF) is used to identify toxic materials.

The great artist who designed precious rings for an Italian brand inspired by crabs

La grande artista che ha disegnato preziosissimi anelli per un brand italiano ispirandosi ai granchi

American multidisciplinary artist Pae White has collaborated with Milanese jewelry house Maison Vhernier to create a limited-edition ring collection inspired by crabs and marine life. The collection was unveiled in Venice during the launch days of the Venice Biennale, following a preview in Los Angeles at collector Eugenio Lopez's home. White drew inspiration from crab exoskeletons and shells found on the California coast, working with Vhernier's master artisans in Valenza to produce ten ring designs—each limited to two pieces—featuring abalone mother-of-pearl, jade, rock crystal, sapphires, and diamonds set in white gold.

Rediscovering Jorge Luis Borges as an Architectural Critic. 40 Years After His Death

Riscoprire Jorge Luis Borges come critico d’architettura. A 40 anni dalla morte

The article commemorates the 40th anniversary of Jorge Luis Borges's death, reflecting on his legacy as a writer and his lesser-known role as an architectural critic. It highlights a 2025 book by Estela Canto, a close friend, which reveals Borges's personal fragility and contradictions, such as his love for popular cinema over classical music. The piece also explores Borges's fictional architectural criticism, particularly his 1967 work *Cronache di Bustos Domecq* co-written with Adolfo Bioy Casares, where he satirized functional architecture through invented pioneers like Adam Quincey and Alessandro Piranesi.

There is an absent pavilion at the 2026 Venice Art Biennale that no one has talked about: Venezuela

C’è un padiglione assente alla Biennale d’Arte di Venezia 2026 di cui nessuno ha parlato: il Venezuela

The Venezuelan pavilion at the 2026 Venice Art Biennale remains closed, an absence that has gone largely unnoticed amid other controversies surrounding the Russian, Israeli, South African, and Iranian pavilions. Designed by architect Carlo Scarpa and built between 1953 and 1956, the pavilion now displays a trilingual sign stating it will "rise again soon," reflecting the country's collapse after the kidnapping and imprisonment of President Nicolás Maduro by the United States and the installation of a fragile pro-American interim government.

An Italian artist makes an exhibition in Tunis inspired by Le Corbusier's architectures

Un artista italiano fa una mostra a Tunisi ispirandosi alle architetture di Le Corbusier

Italian artist Cristian Chironi has opened the seventh chapter of his ongoing project "My house is a Le Corbusier" with an exhibition in Tunis titled "My house is a Le Corbusier (Villa Baizeau)". The project centers on Villa Baizeau, a Le Corbusier-designed house built between 1928 and 1930 for industrialist Lucien Baizeau, which is now inaccessible inside the Tunisian presidential park. Chironi, inspired by a failed attempt by artist Costantino Nivola to bring Le Corbusier's architecture to his hometown Orani, instead travels the world temporarily inhabiting Le Corbusier's buildings. For this iteration, he set up a residency at La Boîte – Centre d'Art & d'Architecture in the Medina of Tunis from January 22 to April 5, 2026, culminating in an exhibition that opened April 3, 2026, using the villa as a lens to read the city rather than a physical space to occupy.

Fellow Painters and Also Friends. Zandomeneghi and Degas Are on Show in Rovigo

Colleghi pittori e anche amici. Zandomeneghi e Degas sono in mostra a Rovigo

Palazzo Roverella in Rovigo is hosting the exhibition "Zandomeneghi e Degas. Impressionismo tra Firenze e Parigi," curated by Francesca Dini. The show brings together works by Italian 19th-century painter Federico Zandomeneghi and French Impressionist Edgar Degas, featuring about fifteen paintings and sculptures by Degas alongside works by Zandomeneghi. It explores their friendship, mutual artistic influence, and shared commitment to realism, tracing their connections from Florence's Caffè Michelangiolo to Paris, where their paths fully converged. Themes such as dance and the nude are highlighted, with works like Degas's "Classe de ballet" (1888) and Zandomeneghi's "Visita in camerino" and "Donna che si asciuga" on view.

International artists speak of life as resistance, inspired by George Grosz: The exhibition in Rome

Artisti internazionali parlano della vita come resistenza, ispirandosi a George Grosz. La mostra a Roma

Tim Van Laere Gallery in Rome is hosting "Lust for Life," a group exhibition that explores the human impulse for creative resistance against societal fragility and global conflict. The show is anchored by the historical works of German artist George Grosz, whose drawings from 1912 to 1947 depict the alienation, loss of identity, and physical decay caused by world wars and totalitarian power.

Fragility and Resistance of an Iranian Artist on Display in Rome

Fragilità e resistenza di un’artista dell’Iran in mostra a Roma

The Galleria Anna Marra in Rome is hosting "Assemblages," the first Italian solo exhibition of Iranian artist Sepideh Salehi. The show features works that blend collage, Japanese paper, photography, and drawing to depict Iranian women living in the United States who have shared experiences of displacement and political upheaval. Salehi’s figures often avert their gaze or conceal their faces, symbolizing a "calligraphy of refusal" and a quiet resistance against the historical traumas of the 1979 Islamic Revolution and the Iran-Iraq war.

At the Venice Biennale, protests, self-mutilation and rage against Israel and Russia. Is anyone left to talk about the art?

At the 61st Venice Biennale, protests and controversies have overshadowed the art itself. The Art Not Genocide Alliance (ANGA) demonstrated against the inclusion of Israel and Russia, while the Israeli Pavilion became a flashpoint. Artist Belu-Simion Fainaru, presenting his installation "Rose of Nothingness" in a temporary space, complained that he was forced to defend his art's right to exist amid questions about politics rather than his work. The Biennale also saw barricades, strikes, the resignation of the Golden Lion jury, Iran's last-minute withdrawal, and anger directed at the American pavilion over Trump administration policies. The central exhibition, "In Minor Keys," curated by the late Koyo Kouoh, was eclipsed by these events.

Shiva Zahed's Istanbul gallery opens new platform for Iranian contemporary art

Shiva Zahed, an Iranian collector and former physician, has opened a new gallery in Istanbul's Pera district dedicated to Iranian contemporary art. The gallery launched with the exhibition "echos," featuring works by Shaqayeq Arabi and Fereydoun Ave, which was extended through May 10 due to strong interest. Zahed frames the space as an active platform to reposition Iranian artists within a global context, rather than a conventional exhibition venue.

Indian art is having its breakout moment. Here's who's driving it

Three record-breaking auctions in New York and Mumbai have vaulted Indian modern art into global headlines. At Christie’s New York, M.F. Husain’s *Gram Yatra* sold for ₹118 crore, the highest price ever for an Indian artwork. Tyeb Mehta’s *Trussed Bull* fetched ₹61.8 crore at Saffronart’s Mumbai sale, nearly nine times its high estimate, while Jagdish Swaminathan’s *Homage to Solzhenitsyn* crossed ₹39 crore at Sotheby’s New York. Together, these sales raked in over ₹220 crore.

literature book cover design

CULTURED magazine gathered three leading book cover designers—Sandra Chiu, Chip Kidd, and Rodrigo Corral—for a roundtable discussion on the challenges and thrills of their profession. The conversation covers the shift to online retail, budget cuts, and a growing homogeneity in cover design, exemplified by the so-called "book blob" trend. Chiu, known for bestselling romance covers, Kidd, a legendary figure at Knopf Doubleday, and Corral, now VP of Creative at Farrar, Straus and Giroux, share insights on their creative processes and the evolution of the industry since Kidd's early days.

Despite years of political and economic turmoil, Iran’s art market is thriving

Tehran Auction, Iran's premier auction house, held a $1.5 million art sale at the Azadi Hotel in October, selling 120 works by top Iranian Modern and contemporary artists. This strong domestic performance contrasts sharply with the weak showing of Iranian art at Sotheby's and Christie's in London, where prices have slowed amid sanctions and geopolitical isolation.

‘Is it possible to come back from this?’: Tehran’s art community on recovering from the 12-day war

Tehran's art community is grappling with the aftermath of the 12-day war between Israel and Iran in June 2025, which has battered the economy, driven up inflation, and slowed art sales as collectors tighten spending. Despite these challenges, galleries like 8Cube and O Gallery are showing resilience: 8Cube's group show "Expectant," curated by sculptor Bita Fayyazi and featuring 28 emerging artists, drew 1,500 visitors on its opening night in August, signaling a tentative return to cultural life. Gallery founders report that sales have plummeted, with collectors shifting to gold or foreign currency, and that rising costs, electricity outages, and water shortages add pressure.

Amid a wave of global crises, Ilya and Emilia Kabakov’s Ship of Tolerance sets sail again—with added potency

Ilya and Emilia Kabakov's participatory art project *Ship of Tolerance* (2005–present) has been reinstalled at Oakville Galleries on Lake Ontario, near Toronto, opening on 31 May as part of the exhibition *Between Heaven and Earth* (through 20 September). The project, which involves children from diverse backgrounds creating painted sails for a 60-foot wooden boat, has previously traveled to locations including Siwa, Egypt; the Venice Biennale; Sharjah; Brooklyn; Miami; Moscow; and London. Emilia Kabakov continues to lead the project after Ilya Kabakov's death in 2023, and the latest iteration arrives amid global crises including wars, migrant displacement, and US President Donald Trump's threats to annex Canada.