Private sales drive growth in the Gulf art market

Why collectors in Dubai, Doha, and Riyadh turn to private sales Across the Gulf, the art market has matured rapidly, supported by cultural investment and a growing class of sophisticated collectors. While international headlines often focus on auctions, the real movement in this region increasingly takes place behind closed doors. Private sales have become the […]

Why minimalist abstraction is back in focus for collectors

How minimalist abstraction is redefining what collectors look for In a market often drawn to spectacle, it might seem surprising that some of the most sought-after works today are the quietest. Yet that’s precisely what’s happening. Minimalist abstraction, long appreciated by museums and curators, is gaining fresh relevance as collectors seek depth, restraint, and emotional […]

What a $6.24 million banana reveals about art market supply and demand

Ayesha Sultana in her studio. Photographs by Peyton Fulford for Art Basel.

What a $6.24 million banana taught us about supply and demand It was a banana, duct-taped to a wall. It sold for $120,000. Then again. And again. Eventually, the story of Comedian by Maurizio Cattelan reached a crescendo at $300,000, or so we thought. In late 2024, one edition resold at auction for over US$6.24 […]

Middle Eastern art market is gaining global prominence

Middle eastern art market

The Middle East is no longer a peripheral player in the global art market; it’s shaping its future In recent years, the Middle East has emerged as a powerful force in the global art world. Once considered peripheral to the Western art market, the region is now a growing hub for contemporary artists, major institutions, […]

The emergence of environmentally-aware art in 2025

Javier Jaén, Rethink Plastic created for Barron’s

Exploring sustainability in contemporary art practices Art has always served as a mirror to society, reflecting cultural shifts and global concerns. Recently, the art world has undergone a significant transformation, placing an increasing emphasis on sustainability. In 2025, there has been a remarkable surge in eco-conscious art, as artists turn to sustainable materials, explore environmental […]

Navigating the complexities of the contemporary art market

Miami Beach, FL, USA - December 2, 2022: Art exhibit at Loews Hotel Miami Beach Art Basel

Unlocking the intricate world of creativity and investment The contemporary art market is a captivating and intricate realm where creativity intersects with commerce. It merges cultural expression and historical significance with economic value, providing aesthetic enjoyment and financial opportunities. However, for collectors, whether seasoned or new to the field, navigating this complex landscape can be […]

Why the Art Market Isn’t as Simple as It Looks

Making intentional choices that align with cultural shifts and evolving market dynamics High-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals who invest in contemporary art curate collections that reflect personal passion and strategic insight. These collectors explore various artistic expressions, making intentional choices that align with cultural shifts and evolving market dynamics. Their portfolios showcase a forward-thinking […]

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