Category: Middle East

Latest World Art News from Middle East

NFTs Exhibited at WOW Festival in Dubai Sold to Major Digital Art Collectors 

PRESS RELEASE | DUBAI, 17 MARCH 2022 – Digital Gallery at WOW Summit Dubai Witnesses Major NFT Sale on the First Day of the Exhibition.

WOW summit commenced on the 13th of March with three full days of blockchain, metaverse industry news. The ‘Alternative Reality’ exhibition was curated by Daria Lomova, an art advisor and historian.

One of the main aims of the WOW summit was to raise public knowledge and awareness of the sweeping world of blockchain, crypto, AI, NFTs and beyond. That is why it was important for Lomova to curate an exhibition that people could relate to, while learning about the different digital art forms. 

Reb Nachman’s Second Chair – Hasidic Holy Relic Worth $10 Million

Reb Nachman’s Second Chair

The World Art News presents one of the Holiest Jewish Relics that is known to exist in a private collection – the Second Chair of Rebbe Nachman of Breslov (1772 – 1810).

With the Star of David in the front, a hypnotic Jewish Rabbi in the center, and a Yiddish inscription of Reb Nachman’s name on the back, this chair is stunning in its craftsmanship and Judaic beauty. The aura of history radiates from this rare artifact.

Reb Nachman remains among the most quoted Hasidic masters and to this day tens of thousands of Jews from all over the world travel to his burial site as part of their annual pilgrimage.

NFT AUCTION: RtistiQ Set To Launch Digital NFTs of Raja Ravi Varma’s ‘The Coquette’ and ‘Reclining Nair Lady’

Press Release | SINGAPORE, 08 FEBRUARY 2022 – To start off the new year, RtistiQ will present the Digital NFT versions of Raja Ravi Varma’s (RRV) works ‘The Coquette’ and ‘Reclining Nair Lady’, two of his most famous paintings. With the originals considered to be National Treasures and unable to be brought out of India, the NFT versions will be auctioned online on the RtistiQ platform from 17 February to 20 February 2022.

This collection will be single editions of works of the Indian Art Legend to be tokenized and minted and this also marks the first NFT sales in collaboration with a traditional gallery and an artist foundation.

Original Artworks valued at USD 2.5M

Lithographs valued at USD 1K

Art Funds – Superheroes of the Art Market

Transparent art funds that embrace technology, lawful conduct, and the scientific method to do business are what is needed. It must be understood that clients expect to multiply their capital legally, timely and responsibly, which is a much larger responsibility than just selling art to the highest bidder. Without a doubt, art funds are responsible for leading the market instead of just reacting to it. Reasonable, thought through regulations that help all market participants equally generate wealth, create transparency, freedom, and accountability must be promoted. Leaders of art funds must understand this and hold themselves to a higher standard than everyone else.

Ancient Aurum – Why Gold Antiques are a Great Investment

With this article it is my desire to reach as many owners of legally acquired gold artifacts and through our example show that you don’t have to be in hiding anymore.

With proper documentation and safety measures you can let your treasure shine without fear of theft or confiscation.

This is what this article all about; inspiring legal owners, responsible investors and collectors of ancient aurum to step into the light.

The art market needs you, investors crave for you, the world heritage depends on you.

Is Art Financing Terrorism?

Art and terrorism seem to be worlds apart, however what most people perceive as heritage and culture – criminal organizations see as cold hard cash. Cash that is hard to trace and very easy to move undetected through the borders of any country. Authorities worldwide must weak up and treat this as a major security threat!