Art auctions in the first half of 2024 did not perform well, with one report describing this spring as the worst auction season in a century. Now, Christie’s and Sotheby’s are turning their focus to single-owner collections, hoping for better results in the November auctions in New York.

The global art market is undergoing changes, and cities like New York, London, Paris, and Hong Kong have evolved as as major hubs for high-profile auctions over the past decade. These transformations are driven by economic, political, technological, and cultural factors, leading to the development of new approaches in art sales. Considering the impact of the COVID-19 pandemic and th...

"Modern and contemporary auction of the Middle East, including Nile treasures" was held at Bonams auction house on 3 Khordad 1401 (24 May 2022). 43 artists from Lebanon, Morocco, Egypt, Sudan, Iraq, Palestine, Algeria, Palestine, Syria and Iran participated in this event and a total of 73 works of art were sold in this auction.