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Art Investment

Gulf Investment Grows

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Christie’s has announced it is expanding its presence in the Middle East with an outpost in Riyadh, the capital of Saudi Arabia. Meanwhile, Abu Dhabi’s sovereign wealth fund has invested $1 billion into Sotheby’s and mega collector Leon Black, former board chair of MoMA, has opened a new office in the region.

Also in this episode, we discuss why Sotheby’s shifted their autumn Hong Kong sale dates. Plus, what we know about a new art fair that will launch in India, and more essential industry news brought to you by podcast host, Margaret Carrigan, executive producer, Sonia Manalili, and the editors of Artnet PRO.

For more need-to-know intel, subscribe now  to The Back Room, our lively recap funneling only the week’s must-know intel into a nimble read you’ll actually enjoy delivered straight to your inbox every Friday. 

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