The First Art Newspaper on the Net   Established in 1996 United States Friday, September 20, 2019

Sotheby's Dubai opens gallery & office
(L-R) Katia Nounou, Head of Sotheby’s Dubai Office, H.H Sheikh Nahyan Mabarak Nayhan, Minister of Culture & Knowledge Development and Tad Smith, Sotheby’s President and CEO. Photo: Sotheby's.

DUBAI.- Marking the official opening of Sotheby’s Dubai, under the Royal Patronage of H.H. Sheikh Nahyan Mabarak Nahyan, Minister of Culture & Knowledge Development, Sotheby’s President and CEO Tad Smith and Sotheby’s Chairman for the Middle East Edward Gibbs hosted a ribbon-cutting ceremony today at the global auction house’s new gallery and office space at Level 1, Gate Village Building 3, Dubai International Financial Centre, UAE.

“This past Saturday was Sotheby's 273rd birthday, and we are proud to celebrate this and our forty years of service to clients in the Middle East by opening our new gallery and office space within the Dubai International Financial Centre," said Tad Smith, Sotheby's President and CEO. He added, "The Middle East, and especially the United Arab Emirates, has grown and prospered at an extraordinary pace. Sotheby's footprint in Dubai brings three centuries of history and expertise, and we look forward to contributing to an even greater future together on this fulcrum of the world's jewellery, art, and luxury car markets."

Edward Gibbs, Sotheby’s Middle East & India Chairman, adds: “As our company evolves to meet the needs of every aspect of the art and luxury market globally, we’ve seen particular traction with our Middle Eastern clients. Our Dubai office enhances our ability to serve our fast-growing community of clients across the region and is geared to broadening the scope of what we offer to a whole new audience. Acquiring outstanding works of art, jewels or collectibles that we bring to the market is a thrilling quest, and we are delighted to be part of that journey both globally and locally."

The launch of Sotheby’s Dubai follows year-on-year growth in the number of Middle Eastern client participating in the company’s global sales, resulting in a 30% increase in the number of buyers from the region over the last five years. Jewellery, Contemporary art, Impressionist & Modern and Old Master Paintings have driven this trajectory, while sales of Middle Eastern art have also grown, with an increase of 41% in the value spent by clients in the region in the period of 2015 to 2016 alone.
All of Sotheby’s sales are open to online bidding, with almost 20% of purchases across the business made online in 2016. This gateway into the company’s offerings has gained significant traction with Middle Eastern clients, and in the last five years Sotheby’s has seen and an increase of 47% in the value they’ve spent online.

This year Sotheby’s launched a new Luxury & Lifestyle Division, uniting the categories of jewellery, watches, wine, cars and experiences, as well as the relationship with Sotheby’s International Realty. Jewellery is a particular area of focus for Sotheby’s Middle Eastern clients, where there has been an increase of 46% in their spend from 2015 to 2016.

Marking the launch of Sotheby’s Dubai, the company’s largest and most wide-ranging exhibition in Dubai to date is unveiled in its gallery today. Bringing together worldwide highlights from Sotheby’s international auction calendar spanning the forthcoming season, the exhibition stars highly sought-after masterpieces by celebrated artists from the region alongside myriad pieces of historical importance, and a selection of exceptional jewellery and watches. The exhibition will be open to the public from Tuesday 14 – Sunday 19 March 2017 from 10am – 8pm*. An expanded programme of year-round events will be held in the new gallery, including selling and non-selling exhibitions, events and talks, reflecting the spectrum of Sotheby's international sales and extensive client services. The office will complement the existing network of offices across the region.

Sotheby’s Dubai is the latest addition to the company’s global network of 80 offices across 40 countries, each of which offers collectors the resources of Sotheby’s Financial Services, the world’s only full-service art financing company, as well as the collection advisory services of its subsidiary, Art Agency, Partners. Sotheby’s presents private sale opportunities in more than 70 categories, including S|2, the gallery arm of Sotheby's Global Fine Art Division, and two retail businesses, Sotheby’s Diamonds and Sotheby’s Wine.

The oldest company listed on the New York Stock Exchange (BID), Sotheby’s became the first international auction house when it expanded from London to New York (1955), the first to conduct sales in Hong Kong (1973), India (1992) and France (2001), and the first international fine art auction house in China (2012). Today, Sotheby’s presents auctions in 10 different salesrooms, including New York, London, Hong Kong and Paris, and Sotheby’s BidNow program allows visitors to view all auctions live online and place bids from anywhere in the world.

Today's News

March 15, 2017

Museum sets out on a new path presenting a fresh reading of the work of Picasso

Stash of paintings discovered after 16 years just 50 miles from place of theft

Despite bad weather, Asia Week galleries opened their doors

Sweeping survey of Mexican modern art opens at the Dallas Museum of Art

Dubai hosts largest regional contemporary art expo

Christie's to feature rare 15th century masterpiece attributed to Hugo van der Goes

Dulwich Picture Gallery celebrates 200 years of visitors

Pallant House Gallery displays works by artists working in the field of British Constructivism

Largest collection of jewelry worn by legendary stars of Hollywood's Golden Era goes to auction

Sotheby's Dubai opens gallery & office

Bertoia Auctions' March 25 Signature Sale sets new standard for quality and rarity

Artist profile: Erté

Sotheby's Hong Kong Evening Sale to offer western contemporary art for the first time

Art Institute of Chicago names new Dittmer Curator

South Africa's 'chicken feather' painter brushes off fame

Up on the roof, revamping Istanbul's Grand Bazaar

Peabody Essex Museum awarded grant to assess how neuroscience can enhance museum experience

Paddle8 announces first Takashi Murakami dedicated auction

Strongest showing of civil rights material yet at Swann Galleries annual African Americana auction

Phillips appoints Miety Heiden as Deputy Chairman, Head of Private Sales

Contemporary Fine Arts presents works by Chinese artists

Ayyam Gallery Dubai opens solo exhibition of Tehran-based painter Afshin Pirhashemi

Asian objects will be sold alongside items from the Western culture in Converse Auctions sale

Marriage medals at Spink, a match made in heaven

Exhibition reconsiders the immense visions of Forrest Bess and Joan Snyder

Most Popular Last Seven Days

1.- Holocaust 'masterpiece' causes uproar at Venice film festival

2.- To be unveiled at Sotheby's: One of the greatest collections of Orientalist paintings ever assembled

3.- Bender Gallery features paintings by up and coming Chicago artist Michael Hedges

4.- Lévy Gorvy exhibits new and historic works by French master in his centenary year

5.- Artificial Intelligence as good as Mahler? Austrian orchestra performs symphony with twist

6.- Fascinating new exhibition explores enduring artistic bond between Scotland and Italy

7.- Exhibition explores the process of Japanese-style woodblock production

8.- Robert Frank, photographer of America's underbelly, dead at 94

9.- The truth behind the legend of patriot Paul Revere revealed in a new exhibition at New-York Historical Society

10.- Hitler bust found in cellar of French Senate

Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .


Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez

Royalville Communications, Inc
Founder's Site. The most varied versions
of this beautiful prayer.
to a Mexican poet.

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful