Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi - SR4.7m worth of artwork sold at auction  Join our daily free Newsletter

MENAFN - Arab News - 09/12/2013
No. of Ratings : 0
Add to Mixx!

(MENAFN - Arab News) The Second Auction of Arabian Wings (AW) showcasing the artwork of Saudi and Arab artists on Thursday was a runaway success with sales worth SR4.7 million. The artistic pieces included sculptures, paintings, contemporary art, Islamic and classical art.
AW, the leading patron of art in the Kingdom, organized the auction with the cooperation of the Fitaihi Group at the Fitaihi auction hall.
The auction was graced by the presence of art connoisseurs and famous art collectors namely Lina Lazaar, Mohammed Hassan Jamil, Fadi Jamil, Dr. Manal Fakeeh, Tariq Fakeeh, Dr. Talal Adhaum, architect Talal Kurdi, Eng. Ghazi Jann, Hasan Halabi, Mohammed Al-Mubarak, Faisal Yamani, Amar Al-Amuwi, Abdullah Naseef and his wife Noura Al-Mazroa'a.
Dr. Manal S. Fakeeh, partner and member of the board of Dr. Soliman Fakeeh Hospital Jeddah, who bought almost 10 art pieces of different kinds, said it was an excellent opportunity for her to acquire some unique art work for her personal collection and for display at the Fakeeh Nursing College.
"I am an art collector so it was an excellent opportunity for me to attend and be able to see a unique collection of art work such as sculptures, paintings, photography and art work by young and old Arab artists, especially Saudi artists. I think my purchase is a good investment," she said.
Mohammed Bharwai, the chairman of Arabian Wings, told Arab News that the first round of Arabian Wings art auction was held in 2011, which was also quite successful but 2013 was all about contemporary art with different moods and tastes.
"In this auction we presented an antique Islamic collection, Kiswat Al-Kaaba; 20 percent of the pieces were classical and about 80 percent comprised contemporary artwork," he said. He further said that after the remarkable success of the first ever Saudi artists' collection auction in Jeddah they are planning to hold the event twice a year over two days. The first day will showcase antique, Islamic and classical art while the second day will be all about contemporary art. "But all the artwork will be displayed under one roof," he explained.

Lina Lazaar, contemporary art specialist from Sotheby's and director for the Middle East told Arab News that the collection was excellent.
"This is the first time I have ever seen such a successful auction in Jeddah. There was much more focus on local talent which was quite nice. I come from the world of auctions and was quite surprised by the quality of the work, the venue, layout and the auction itself," she said.
The auction presented the artwork of budding Saudi artists namely Mohammed Siam, Taha Saban, Abdullah Hassas, Mohammed Asiri, Mazhar Ahmed, Nahar Marzooq and many more.
"Most of the artwork on sale was by young artists discovered in the Arabian Wings (AW) contests, the AW contemporary awards and Jamil photography award. We are very thankful to Jamil photography awards and the Abdul Latif Jamil community Initiatives (ALJCI) for supporting AW and the artists," said Najla'a Felemban the founder of Arabian Wings and an artist.
Abdullah Hassas, one of the Saudi artists said that he believes that Arabian Wings will have laid the foundation for art shows in Jeddah within three years. Already, it is a leading name in the world of art, both locally and internationally. "Being with Arabian Wings is an honor for me," he said.


Arab News

  MENA News Headlines
 Nov 30 2015 - Emeriti financial institutes witness compact liquidityMENAFN
(MENAFN) Overall bank liquidity, which includes reserve requirements and highly-rated government and public sector debt, plunged from USD77 billion at the end of April-June timeframe to USD76.2 ...

 Nov 30 2015 - Pakistan projects 10 percent surge in exports to UAEMENAFN
(MENAFN) Pakistan is aiming at a 10 percent increase in exports to the UAE, which has touched USD3 billion in its last fiscal year 2014-15.The y-o-y joint trade capacity has climbed 11 percent to ...

 Nov 30 2015 - Egypt's capital hotels log profits in spite of crisisMENAFN
(MENAFN) The lack of tourists to Egypt is not projected to impact the Egyptian hotel market in Cairo since firms are filling in the profit gaps the tourists left, as the latest reports showed.The ...

 Nov 30 2015 - UAE gross credit increases 7.3 percentMENAFN
(MENAFN) The UAE gross credit increased 7.3 percent in the July-September quarter, and 7 percent on year-on year basis.Accordingly, reasons that helped UAE gross credit growth were, retail (10 ...

 Nov 30 2015 - Qatar's health sector growth makes a successful economyMENAFN
(MENAFN) The growth and development in Qatar's health sector has been a huge success to its economy.Moreover; the nation invested a lot in healthcare and planned to be a local healthcare ...

 Nov 30 2015 - Iraqi oil exports surge more than 300k bpd in NovMENAFN
(MENAFN) Iraq's southern oil exports have jumped more than 300,000 bpd so far in November, bringing shipments from OPEC's second-largest producer back towards a monthly record.The climb, after bad ...

 Nov 30 2015 - Oman records 13.9 percent fall in inflation over Q2MENAFN
(MENAFN) Oman's inflation of the producer price index (PPI) dropped by 13.9 percent over the three months to June period compared to the same quarter last year, based on recent reports.Additionally, ...

 Nov 30 2015 - Hollande Ban welcome world leaders to UN Climate ConferenceKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) By John Keating PARIS Nov 30 (KUNA) -- French President Francois Hollande and UN Secretary-General Ban Ki-Moon early Monday began welcoming over 150 world ...

 Nov 30 2015 - Kuwait- His Highness the Amir receives Dr. Al Omair for oath takingKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT Nov 30 (KUNA) -- His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah received at Bayan Palace on Monday with attendance of His Highness the Crown ...

 Nov 30 2015 - KSA's Alinma, Jeddah Co, join forces with USD2.2b fundMENAFN
(MENAFN) Saudi Arabia's Alinma Investment and Jeddah Economic Company have closed an agreement to initiate an USD2.2 billion fund, according to the latest data.The fund, to be named the Alinma Jeddah ...





Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help