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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.

‘I don’t take advice on collecting. If I don’t like, I don’t buy’: Tariq Al Jaidah on his approach to acquiring art

Qatari patron and dealer Tariq Al Jaidah is a pivotal figure in building a grassroots commercial art market in Qatar. He opened the country's first commercial gallery, Waqif Art Centre, in 2007, later established the non-profit Katara Art Centre, and most recently founded the commercial gallery Wusum in 2023 to showcase emerging Qatari artists and cultivate young local collectors. He advocates for more private museums, foundations, and corporate collecting to create a self-sustaining ecosystem beyond the state-run institutions.

Full extent of Stephen Friedman Gallery's £7.8m debt revealed in filings

Administrators' filings for Stephen Friedman Gallery reveal a total debt of £7.8 million following its closure in February. Three prominent artists—Alexandre Diop, Deborah Roberts, and Kehinde Wiley—are among the unsecured creditors owed a combined £795,000, expected to recover only eight to nine pence per pound. The largest secured creditor is Coutts & Company, owed £3.1 million, followed by Pentland Group with £1.4 million outstanding. The gallery also owes £505,113 to the Pollen Estate for its Cork Street lease, £550,000 to HMRC, and significant sums to shipping and storage firms, including Crozier (£256,470) and Gander & White (£86,772). Art fairs Frieze and Art Basel Qatar are owed £71,227 and £18,763 respectively.