Art Investment

Sotheby's comes to Qatar

Representatives of Sotheby's said that before the end of 2008 will be opened the auction house in the capital of Qatar, Doha. In 2009, there will be major international bidding.

capital of the small States of the Middle East is fast becoming one of the centers of world art. Very soon there will open the Museum of Islamic Art, designed by renowned architect, author of the Louvre Pyramid IM Peem (I. M. Pei). The basis of the museum collection will be works from the collection of the royal family of Qatar. Among high-profile purchases Qatari sheikhs - most expensive painting of Mark Rothko (Mark Rothko) «White Center» (72,8 million dollars) and one of the most expensive works Demiena Hurst (Damien Hirst) «Sleeping Spring » (19 million dollars). In 2005 and 2006, Sotheby's held in Doha two charitable auction, which became the most successful sales in this category in the Middle East.

«Druzhba» Sotheby's with Qatar began almost twenty years ago, when the auction house decided to sell in the United States of Arab horses. These auctions have attracted great attention Qatari sheikhs.

on the plans for the representation of Sotheby's, it was announced on the opening day in Doha, the pre-show lots of future auctions. The exhibition, which takes place in the luxury hotel Ritz Carlton, exhibited works of Impressionist, Modern and contemporary artists from the West, the work of contemporary artists and artists of the twentieth century from the Arab countries and Iran, as well as watches and jewelry.

Material prepared Yulia Maksimova

Sources: artdaily.com , artinvestment.ru


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