Judging by recent auction records that have been set by numerous artists from the Arab world and conversations with curators of major collections across the globe, it seems that demand for Arab art has expanded beyond the region into Western and Eastern collections.
The anticipated 'Trump bump' has ultimately given way to a 'Trump slump',” says Christine Bourron, the chief executive of Pi-eX. “Trump's 'Liberation Day' announcement introduced significant geopolitical uncertainty, casting a shadow over the global economy and unsettling buyer confidence in the art market.
"It's a momentous turning point," says Sirio Ortolani, the president of ANGAMC. "Italy can finally become a great international hub, attracting galleries from all over Europe and major fairs."
this prosecution, using specific Terrorism Act legislation, is the first of its kind and should act as a warning to all art dealers that we can, and will, pursue those who knowingly do business with people identified as funders of terrorist groups.
According to a new survey of 1,263 female artists, commissioned by the US grant-giving body Anonymous Was A Woman and written by the journalists Charlotte Burns and Julia Halperin, well over half (63%) of respondents say that a lack of museum or institutional backing hinders their career.
"It's really difficult to navigate. Everybody wants to do the right thing... Many of our collectors are buying once or twice a year, and their major buying moment is here at the fair."
Bernard Donoghue, chief executive of Alva, highlighted the decline and attributed it to the "triumph of the temporary blockbuster exhibitions," signaling a shift in visitor preferences.