Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Latest collection arrives at Richwood Antiques  Join our daily free Newsletter

MENAFN - Muscat Daily - 05/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Muscat Daily) A showcase of newly arrived antique furniture is now on display in the Azaiba showroom of Richwood Antiques, Oman's only importer of verified 19th century European antiques furniture.

Since it's launch in Oman in 2011, Richwood Antiques has seen a marked growth in interest among buyers and collectors in Oman and this latest collection consists of highly desirable items such as magnificent mahogany dining tables, chairs, bookcases and sideboards, constructed in exotic timbers of mahogany, rosewood, satinwood and walnut with finely carved and decorated intricate inlays and fine brass-work, all skillfully executed by craftsmen of the period.

Exquisite gold gilded mirrors from France and smaller decorative items include beautiful polished cast-brass lamps and silver-plated serving dishes. Rosemary Whelan, owner of Richwood Antiques in Muscat, is a specialist in the sale of 19th century European antique furniture and decorative items.

With more than 20 years experience in the trade, Rosemary is an affiliated member of CINOA (Internationale des Negociants en Oeuvres d'Art) an international association for art and antique experts from around the world. She is currently the only member of this association trading in Oman and possibly the region. She is very excited about the new collection. ''Over time I have learned from my Omani clients and what they like. They have discerning tastes and appreciate quality.

I have brought a collection back with me that I feel will delight all antique lovers in Oman. I carefully chose the pieces in England, Ireland and France before having them professionally packed and shipped to Oman. Many pieces such as the magnificent gilded mirrors are in great demand so I sourced several more for buyers, each of them unique and hand-crafted in the 1900s,'' she said. Some buyers purchase high quality antiques not just for their beauty and enjoyment but also consider the investment value.

Materials used, such as mahogany, are no longer available for furniture making as it is a protected species and illegal to cut down the remaining trees. Coromandel wood is now entirely extinct. The traditional cabinet making skills used in their construction have faded away as industrial development has allowed machines to take over.

This rarity and other factors such as the item's maker, history, condition and market trends lead to a to a very positive effect on value. ''Many people buy stocks and shares, or keep their money in the bank. Risky business some might say considering the current global economic climate. Others realise the benefits of putting their money into very high quality collectible antiques and art because at the same time they can enjoy and appreciate their investment in their homes. Stocks and shares can disappear in an instant, antiques and art can always be insured and never have to leave the house,'' she added<


 


Muscat Daily




  MENA News Headlines
 Mar 2 2015 - Oman's Napco plans USD18.11m capacity expansionMENAFN
(MENAFN) National Aluminium Products Co (Napco) plans to spend USD18.11 million to boost its capacity to basically increase volumes and market share, Muscat Daily reported.The company will install ...

 Mar 2 2015 - Dubai's real estate investors shift to low cost UK propertyMENAFN
(MENAFN) Dubai real estate investors are now among the largest groups of abroad nationals purchasing low-cost investment property in the UK, according to a new property survey, Arabian Business ...

 Mar 2 2015 - Etihad-staked Air Serbia logs USD3.02m net profit in 2014MENAFN
(MENAFN) Air Serbia, in which Etihad Airways holds a stake of 49 percent, logged a net profit of USD3.02 million for 2014, Arabian Business reported.In its first year of operation, Air Serbia logged ...

 Mar 2 2015 - Dubai's Abraaj invests USD145m in North Africa healthcareMENAFN
(MENAFN) Dubai-based private equity firm Abraaj Group is set to lead an investment of USD200 million in the new North Africa Hospital Holdings Group (NAHHG), Arabian Business reported.The firm, ...

 Mar 2 2015 - Egypt received USD23b aid from Gulf in 18 monthsMENAFN
(MENAFN) Egypt received USD23 billion in aid from Saudi Arabia, the UAE and Kuwait in the 18 months since former President Mursi was ousted, Investment Minister said, Reuters reported.According to ...

 Mar 2 2015 - Arab world's healthcare sector wastes USD40b annuallyMENAFN
(MENAFN) Half of the estimated USD80 billion annual governments spending on health care sector in the Arab world are going to waste due to widespread inefficiencies, a Dubai health official said, The ...

 Mar 2 2015 - Zain KSA records USD293.16m EBITDA growth in 2014MENAFN
(MENAFN) Zain KSA posted improved financial results hitting USD293.16 million in EBITDA in 2014, up from USD237.19 million in 2013, marking 24 percent increase, Saudi Gazette reported.Zain's net ...

 Mar 2 2015 - Egypt to attract USD8b of foreign direct investment in this fiscal yearMENAFN
(MENAFN) Egypt is forecast to receive a sum of foreign direct investment worth USD8 billion in this financial year, marking an increase from the USD4 billion last year, Reuters reported.The Egyptian ...

 Mar 2 2015 - Qatar, Mitsubishi to sign USD1.09b hydroelectric dealMENAFN
(MENAFN) State-controlled Qatar Electricity and Water Company (QEWC) is set to sign a USD1.09 billion contract to build the Gulf country's largest power and water plant to Mitsubishi, Emirates 24\7 ...

 Mar 2 2015 - Egypt's Edita eyes USD262m initial offerMENAFN
(MENAFN) Egyptian food maker Edita is considering an initial offering of about USD262 million the Cairo bourse, Reuters reported.According to sources, trading is forecast to start at the beginning of ...

more...


 






Google

Electronic & Mobile Payment

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

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

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

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