ACQUISITIONS MIDDLE EASTERN ART
As financial markets roil, art collectors seeking a safe haven eye up opportunities in the Middle East. If anything, some players expect an even stronger market in the Middle East than in China, because so many of the art initiatives-to showcase the region’s artists as well as import Western art-have the direct backing of the government or royal families. Abu Dhabi is planning to spend $50 million to fill its Louvre.
While galleries are increasingly showing Middle Eastern contemporary art, especially in London, it is still uncommon in Western collections says Conde Nast’s Portfolio. Most of the artists are unknown outside of the Middle East.
That could be about to change as British art collector and marketing guru Charles Saatchi makes his interest in Middle Eastern art known. A recent addition to his planned exhibiton list is “Out of Arabia: New Art and New Perspectives” in which he showcases artists from Syria, Iraq and Lebanon and predominantly Iran.
At time of writing, artists include
- Iran: Sara Rahbar, Tala Madani, Laleh Khorramian, Rokni Haerizadeh, Ramin Haerizadeh, Ali Banisadr
- Lebanon: Jeffar Khaldi
- Iraqi: Halim Al-Karim, Ahmed Alsoudani
- Syria: Diana Al-Hadid
For the most recent list of artists, biographies and images visit Saatchi online.
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