Day: June 25, 2014

Fine Art Comes of Age in the UAE

Fine Art Comes of Age in the UAE

by Suchitra Bajpai Chaudhary via “Gulf News

Dubai: The month-long art season in Dubai that concluded last week demonstrated the maturity and coming of age of the art market here, further establishing Dubai as the regional art hub.

Several record-breaking auctions were conducted dring the season. With over 60 art galleries and museums in the city, viewing and buying art has is now an established part of Dubai’s cultural agenda. The scope of this development over the last eight or nine years can be gauged from the fact that in a span of a month, Dubai now hosts an active art calendar with the Dubai art week, Design days and Sikka art fairs all happening simultaneously.

“ It is phenomenal how Dubai developed into the art space in the past eight-nine years.” Hala Khayat, Head of Sales at Christie’s, UAE.

  “Art is an alternative asset and does not replace traditional assets. It is used to alleviate the risk in your traditional financial portfolio. When stocks and bonds go down, art goes up.”
 ” This synergy has attracted art curators and galleries from around the world to display and interact here. This has helped Dubai evolve into an attractive art trade market.

All major auction houses and art fund houses have opened offices here and have been doing robust business. This is proof that good art sells at a high price and there are as many buyers in the market here as sellers.

The Pharaoh’s Collection of Modern Egyptian Art, expected to sell for around $1.4 million (Dh4.68 million) made $3.89 million (Dh 14.03 million). The top lot of the sale, also from the Collection, was Abdul Hadi El-Gazzar’s (Egyptian, 1925-1965)Construction of the Suez Canal which sold for $1.02 million, a new world auction record for the artist. . . . .”

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Week of Culture: The Second Day

Week of Culture: The Second Day

via “State News Agency of Turkmenistan”

The large-scale cultural action – the Week of Culture, which rich programme includes various events revealing the diversity of the national culture, is held in the northern region of the country. The second day events can be united by a conceptual idea – creativity in the course of the history. 

The second day of the Week started with the visit to sacred places. Workers of culture and art made a pilgrimage to the Mausoleum of Ashyk Aydyn Pir, a nurser of creative people located on the territory of Ruhubelent Etrap. Then forum participants visited the Kunya-Urgench State Historical and Cultural Complex. As is known, in 2005, the ruins of Kunya-Urgench were inscribed on the UNESCO List of World Heritage Sites. At present, there are over 20 architectural monuments of various epochs In Dashoguz Velayat. Each of them bears evidence of the former greatness of the capital of the ancient Turkmen state, a largest centre of the East. 

Forum participants visit the Mausoleum of Nadjmeddin Kubra – a recognized national place of pilgrimage, and the Dash Mosque – a museum of national crafts, from where the pilgrimage route to the Uch Yuz Altmysh Memorial Complex starts. Conference participants also visited the world-known mausoleums of Il-Arslan, Tekesh, Sultan-Ali, Turabek-Hanym, and other sights located on the territory of they unique reserve that is an integral part of the Turkmen people’s cultural heritage and the whole humanity as well. 

The solemn ceremony of opening of the International Conference of Art that brought together famous Turkmen painters, masters of the decorative and applied art as well as their foreign colleagues in Dashoguz took place at the Dashoguz Velayat Museum of Local History. 

Participants of the Week of Culture had an opportunity to see museum exhibits as well as to watch a documentary film dedicated to the ancient monuments of the northern region of our country and its modern tourist infrastructure. The film created by Turkmen cinematographers is the first part of a cycle “Trip to the history” as an excursion to the history of the national culture and art. 

In the evening, word painters from different countries gathered together in the improvised Turkmen village on the bank of the Shavat River to participate in the poetry readings. 

The second day of the Week of Culture in Dashoguz finished by mobile expositions and a big concert performed by masters of culture and art of Dashoguz and Mary Velayats at the Georogly Square. 

This day of the big creative holiday demonstrated that the contemporary national culture ha absorbed the best of the rich historical, literary, musical, and artistic heritage, folklore and crafts, traditions and customs of our people.

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