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paint drippings art industry news may 26 2649338

This week's art industry roundup covers major auction results, including Sotheby's $51.8 million sale of the Saunders Old Masters collection (a record for a single-owner sale in that category) and the $12.5 million sale of the Lalanne's 'Ostrich Bar' in Paris. The Breuer Building, purchased by Sotheby's in 2023, has been landmarked by New York City, preserving its interior during renovation by Herzog & de Meuron. Art Basel announced a new fair in Doha, Qatar, launching next February with 50 exhibitors, while Untitled Art revealed 84 exhibitors for its first Houston edition. In gallery news, Yan Du will open YDP in London, Annely Juda Fine Art is moving, and Jean-Paul Engelen joins Acquavella Galleries. Gladstone Gallery hired Julian Ehrlich from Christie's. Saudi Arabia opens its first specialized art storage facility in Jeddah. Creative Australia chair Robert Morgan retires amid controversy over the Venice Biennale team appointment, and Monash University reversed a decision to cancel an exhibition.

11 Contemporary Emirati Artists To Know

The article highlights 11 contemporary Emirati artists, providing an overview of their practices and significance within the Gulf's evolving art scene. It contextualizes this list against recent major events in the region, including the debut of Art Basel Qatar in early February and the subsequent U.S. attacks on Iran, which caused turmoil across the Gulf, disrupted airline operations, and forced Art Dubai to scale back its event to a smaller fair in mid-May. Artists and galleries in the Gulf also had to temporarily close.

Art Dubai announces updated gallery list for postponed 2026 edition

Art Dubai has released a revised exhibitor list for its 2026 edition, which was rescheduled to May 15–17 following regional instability caused by the US-Israel war in Iran. The fair will feature 50 galleries at Madinat Jumeirah, down from its original roster after approximately 75 participants—including major Indian and Western galleries—withdrew due to scheduling conflicts and logistics. To support those remaining, the fair has introduced a flexible fee structure where galleries pay a percentage of sales capped at the original stand cost.

Art Dubai Marks 20 Years with Special Edition Focused on Collaboration and Cultural Exchange – Friday, 15-17 May 2026.

Art Dubai returns to Madinat Jumeirah from 15–17 May 2026 for a special 20th-edition programme that reflects on the fair's evolution and reaffirms Dubai's role as a global cultural hub. Presented in partnership with A.R.M. Holding and Dubai Culture, the fair features approximately 75 presentations from commercial galleries, institutional partners, and cultural initiatives, with around 60% of participating galleries drawn from the region. Highlights include the Made Forward presentation from Dubai Collection, the 20th edition of the Global Art Forum titled 'Before and After Everything', and an exhibition of modern Arab art from the Barjeel Art Foundation. The fair also introduces an innovative risk-sharing model where booth costs are payable based on sales performance, and entry is free for all visitors.

Art Dubai Unveils Leaner ‘Special Edition’ Built Around Regional Core

Art Dubai has announced a streamlined "special edition" for its 2026 iteration, featuring a reduced roster of approximately 75 exhibitors. Scheduled for May 15–17 at Madinat Jumeirah, the fair is pivoting toward a regional core, with 60 percent of participants hailing from the Gulf and Southwest Asia. To address economic pressures and regional instability, the fair is implementing a novel risk-sharing financial model where booth costs are partially tied to sales performance.

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Alserkal Avenue in Dubai is expanding its traditional Art Week into a five-week "Art Month" running from April 18 to May 18. This strategic extension includes 16 gallery exhibitions, over 100 public events, and a new commercially focused group show featuring 12 UAE-based galleries. The initiative aims to provide a more sustainable platform for the local art ecosystem, especially as the Art Dubai fair has been rescheduled to mid-May and adapted in response to regional instability.

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.

War in Middle East Art Trade

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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.

Art Dubai 2026 first look: What to expect at the 20th fair

Art Dubai returns to Madinat Jumeirah for its 20th edition, running from Friday to Sunday with a free preview day on Thursday. The fair features a more concentrated layout than previous years, with gallery booths, institutional exhibitions, public art, poetry readings, DJ sets, performances, and multimedia installations gathered in the main conference area. Notable participants include co-founder John Martin, who returns as a gallerist nearly 20 years after helping launch the event, and Emirati artist Rami Farook, whose sand-built booth presents works reflecting on Dubai and the Gulf. Gallery One from Ramallah draws attention with Palestinian artist Amjad Ghannam's reinterpretations of Pablo Picasso, inspired by his experience as a former political prisoner.

Art Dubai announces details for revised 2026 edition

Art Dubai has unveiled the details for its 2026 "special edition," which features a significantly reduced scale in response to ongoing regional conflict. The fair will host 50 galleries—a sharp decline from the 120 participants in 2025—with a strategic focus on regional representation, as nearly two-thirds of the exhibitors hail from the Middle East. To compensate for the smaller commercial footprint, the event will deepen its ties with local institutions like the Sharjah Art Foundation and Alserkal Avenue through expanded collaborative programming.

Lebanon’s Art Scene Is Living in ‘War Mode’

On April 8, 2025, a wave of Israeli airstrikes across Lebanon killed 357 people and injured over 1,200, a day now known as 'Black Wednesday.' Amid the violence, Lebanese artist Abed Al Kadiri, who grew up during Lebanon's civil war and Israeli occupation, has been working with displaced children in shelters, using art to help them process trauma. He collects their drawings and plans to combine them with sketches by other artists reflecting their own war experiences, creating concertina-style books to be exhibited and sold to raise funds for over 1.1 million displaced people.

Hamed Abdalla | Untitled (1972) | For Sale

Hamed Abdalla's 1972 painting "Untitled" is being offered for sale through Mark Hachem Gallery, listed on Artsy. The work is an acrylic on canvas measuring 92 × 65 cm, hand-signed by the artist, and includes a certificate of authenticity. Abdalla (1917–1985) was a pioneering Egyptian modernist who developed the concept of the "Creative Word," blending abstraction with human forms. His career included exhibitions at Cairo's Museum of Modern Art, the Louvre in Paris, and the Metropolitan Museum of Art in New York, and his works are held in major institutions such as the Tate Modern, the Barjeel Art Collection, and Mathaf: Arab Museum of Modern Art.

Hamed Abdalla | Al Beous, Misery (1961) | For Sale

Hamed Abdalla's 1961 work "Al Beous, Misery" is being offered for sale through Mark Hachem Gallery, listed on Artsy. The piece is an ink on paper from glue relief, measuring 33 × 46 cm, hand-signed, and includes a certificate of authenticity. Abdalla (1917–1985) was a pioneering Egyptian and Arab modernist, known for his "Creative Word" concept blending abstraction and human forms. His career included exhibitions at Cairo's Museum of Modern Art, the Louvre, the Metropolitan Museum of Art, and the Tate Modern, among others.

Art Dubai Adapts to Conflict with “Special Edition”

Art Dubai has announced a significantly scaled-back "special edition" of its 20th-anniversary fair, set for May 14–17 at the Madinat Jumeirah venue. The fair was postponed and reformatted due to the US-Israel war in Iran, which caused major logistical disruptions in the Strait of Hormuz and spiked oil prices, hampering air travel in the UAE. It will now feature only 50 exhibitors, a reduction of nearly 60% from the originally planned 120.

Inside Sotheby’s Latest Financial Maneuvers

Sotheby's is under financial scrutiny due to two key developments. A New York real estate broker has filed a $10.2 million lawsuit against the auction house over commissions from the sale of its former Manhattan headquarters, a claim Sotheby's disputes. Concurrently, the company has launched a new delayed-payment program for clients, raising questions about its liquidity.

Art Dubai Postpones 2026 Fair Amid Iran War Fears

Art Dubai has postponed its 2026 fair from April to May 14–17, shifting to an "adapted format" at its usual venue, the Madinat Jumeirah resort. The fair, a cornerstone of the Middle Eastern art scene, will proceed with a more focused model, featuring galleries from over thirty-five countries but altering its financial structure, with participating galleries paying a percentage of sales instead of standard booth fees.

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Artist Jehan Legac, originally from Paris and based in Bangkok, discusses his practice of oil painting and photorealistic surrealism in an interview. His work, which explores femininity, sensuality, and sci-fi or fantasy narratives, has been exhibited at Nave8 Gallery in Ibiza, Saba Gallery in Miami, and Chaiyos Gallery in Bangkok. Legac describes his creative process as a slow, intuitive dialogue with the medium, emphasizing patience and emotional depth over intellectual understanding.

Istanbul Bets on Contemporary Art: New Space Announced During CI Bloom Fair

Istanbul scommette sull’arte contemporanea: durante la fiera CI Bloom annunciato l’arrivo di un nuovo spazio

The fifth edition of CI Bloom, the boutique contemporary art fair organized by Contemporary Istanbul, recently concluded at the Lütfi Kırdar Congress and Exhibition Hall. Featuring 28 galleries and over 300 artists, the fair introduced aggressive financial incentives to support exhibitors, including a 30% reduction in participation fees, fixed exchange rates to mitigate currency risk, and a partnership with Turkish Airlines providing free art transport and customs coverage.