The Doha debut of the venerable Swiss fair offers a stress test for the Art Basel brand, art fairs writ large, and the Gulf's collector base. One looming question: Can a market-oriented model take root within a state-led, institutionally focused cultural ecosystem? Sales on day one were limited, but sales are perhaps not the focus of this debut, which was aided by ample state support.
After a decade of big spending, Saudi Arabia is scaling back some massive Vision 2030 "gigaprojects" due to falling oil prices and budget constraints. What does this mean for the nation's big cultural projects and investments? Plus, all eyes are on the Gulf this week as the first edition of Art Basel Qatar gets underway. Plus, the NFT platform Nifty will shut down this month.
Qatar Museums was founded in 2005 by Sheikha Al-Mayassa bint Hamad bin Khalifa Al Thani, the daughter of the former emir of the country. As Qataris like to point out, Doha's engagement with international contemporary art began before that of the UAE and well before that of Saudi Arabia; its I.M. Pei-designed Museum of Islamic Art opened in 2008 and Mathaf: Arab Museum of Modern Art in 2010, while museums elsewhere were still in the planning stages.