JOURNAL ARTICLE

Botero, Banksy Win Big in Sotheby's Debut Saudi Arabia Auction.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Burke, Christine; Abuljadayel, Fahad 3 of 3

Abstract

Sotheby's held its first auction in Saudi Arabia in the historic city of Diriyah, attracting a diverse crowd of art enthusiasts and collectors. The auction featured a range of items, including high-end watches, handbags, paintings, and sports memorabilia, with top lots including works by Fernando Botero and Banksy. The event aimed to kickstart Saudi Arabia's art market, which is still developing compared to its regional neighbors like the UAE. Sotheby's strategic expansion into new countries, including Saudi Arabia, is part of its efforts to revitalize the art market amid competition from Christie's. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/02, pN.PAG
  • Document Type:Article
  • Subject Area:Biography
  • Publication Date:2025
  • Accession Number:182887485
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