DUBAI: Sotheby’s has announced it will stage the first ever live auction in Saudi Arabia in February 2025. Taking place in the historic town of Diriyah, a UNESCO World Heritage Site and the birthplace of the Saudi state, located northwest of Riyadh, the auction will offer modern and contemporary artworks, Islamic objects, jewelry, watches, cars, sports memorabilia and handbags, among other items.
Titled “Origins,” the live auction will take place on Feb. 8, 2025, presenting global offerings and fine art by both home-grown Saudi artists and leading names in international art history.
Ahmed Mater, Untitled (Diptych from The Illumination Series), Offset lithograph and gold leaf on paper with tea and pomegranate toning, 174 by 225cm, 2012. (Courtesy Sotheby's)
The auction will take place as a two-part evening auction and will be preceded by an exhibition of the contents of “Origins,” that will be showcased in a free, public exhibition, open from Feb. 1 – 8.
“This auction - and indeed our incorporation - is the culmination of many years of supporting cultural initiatives in the Kingdom, and a natural evolution of our business,” Edward Gibbs, chairman of Sotheby’s Middle East & India, told Arab News.
“We have been travelling to Saudi for a number of years, working with clients who are based there, as well as meeting new collectors in the region, and have been supporting the Ministry of Culture’s exciting endeavors –not least with all of the editions of the biennale, where we have provided an educational component, with specialist talks and tours,” he added.
Increasingly, said Gibbs, Sotheby’s saw that Saudi Arabia was a space rife for a growing art market and live auctions, proven by its fast paced development, young demographic, growing collector base and the increasing presence of the regional and international art community.
“The auction comes hand in hand with our opening of an office in Riyadh, so marks a new chapter in our activities in Saudi — a phase that we are entering with great optimism and ambition,” Sebastian Fahey, managing director of Sotheby’s Global Fine Arts, told Arab News. “Alongside the inaugural sale, our activities will also continue to include educational offerings around art, luxury and collecting, as this is something we strongly believe in.”
The auction and exhibition will be staged in the historic Diriyah, the ancestral heart of the nation, where the
First Saudi State was inaugurated just under two decades before Sotheby’s was established in 1744. (Supplied)
“The art market has never been quite so international, and this opening complements our global network, particularly in the Middle East, which has long been a region we have believed in and invested in,” stressed Fahey.
Diriyah is a significant place to stage Saudi Arabia’s first-ever live auction. In the historic town, now developing as one of the Kingdom’s gigaprojects, the First Saudi State was inaugurated just under two decades before Sotheby’s was established in 1744.
At present, Diriyah is transforming into a local and global hub for art, culture and high profile events in the Kingdom, connecting its past and present through heritage and creativity.
