Art Flourishes in Dubai's Desert
(Moscow Times, March 21)
Art Dubai, the Middle East's biggest art fair, recently drew crowds and collectors alike, with investors collectively paying more than $15 million for contemporary works by artists such as Andy Warhol and Julian Opie. More adventurous patrons, meanwhile, sought out works by relative newcomers, including Iran's Fereydoun Ave and New York's Jay Batlle at the concurrent Creek Art Fair. While the West may be suffering from an economic slowdown, critics credit rising oil prices with producing a new cadre of art buyers in Russia and the Middle East.