To receive Morning Links in your inbox every weekday, sign up for our Breakfast with ARTnews newsletter. The HeadlinesKINGDOM COME FOR SOTHEBY’S AND ART BASEL TO MANAGE ABU DHABI ART? ARTnews‘ Daniel Cassady looks at Sotheby’s finally closing its deal with Abu Dhabi-based sovereign wealth fund ADQ for a cool $1 billion. This news was followed by today’s announcement that Sotheby’s will host the first-ever international auction in Saudi Arabia, near the capital of Riyadh, on February 8, 2025, reports George Nelson for ARTnews. Meanwhile, the WA Museum CEO Alec Coles stated the acquisition, “does not indicate the WA Museum’s support for the cause, but merely its recording of the event.

Source: International New York Times November 08, 2024 02:04 UTC