The UAE art season is in full swing, with new exhibitions at Jameel Arts Centre and Sharjah Art Foundation opening earlier this week and Alserkal Art Week hosting talks and activities, with shows extending throughout the next few months.
One of the big events on the calendar is undoubtedly Art Dubai, with the 15th event taking place from Friday, March 11 to Sunday, March 13 at Madinat Jumeirah. This year, the art fair is gearing up for its biggest programme thus far with more than 100 contemporary and modern galleries participating.
Artworks are on display across three sections: contemporary, modern and Bawwaba, with commissioned works spread out across the venue. In addition, Art Dubai will have its first digital art section titled Art Dubai Digital, complemented by the theme of the 15th Global Art Forum — This is the Picture.
Here’s what to expect at the main sections of Art Dubai this year:
Art Dubai Contemporary
A total of 77 galleries will be showcasing works for the contemporary section, out of which 15 are new to the fair.
From Dubai, Carbon 12 will present works by Sarah Almehairi, Andre Butzer, Anthony Akinbola, Anahita Razmi and Amba Sayal-Bennett, while Green Art Gallery will showcase works by Michael Rakowitz and Gallery Isabelle van den Eynde will have Manal Al Dowayan’s most recent textile pieces.
Other Dubai galleries participating include Ayyam Gallery, Custot Gallery, Leila Heller Gallery, Lawrie Shabibi, Meem Gallery, Tabari Artspace, The Third Line, Volte Art Projects and Zawyeh.
Participating galleries from the Middle East include Athr from Jeddah, Hafez Gallery and Mono Gallery from Riyadh, Wadi Finan Art Gallery from Amman, Mark Hachem from Beirut, Gallery One from Ramallah. There’s also +2 Gallery, Mohsen Gallery, Dastan’s Basement and Parallel Circuit from Tehran; Sanatorium, Dirimart, x-ist, Anna Laudel and Zilberman Gallery from Istanbul.
Art Dubai Modern
Curated by Sam Bardaouil and Till Fellrath, the modern section will feature solo booths on 20th-century masters from the Middle East and North Africa, including Bibi Zogbe, a Lebanese painter known for her floral canvasses, whose works will be presented by Agial Art Gallery from Beirut; and Aref El Rayess, whose retrospective is currently on view at Sharjah Art Museum. El Rayess’s work at Art Dubai is presented by Sfeir-Semler Gallery.
Works by Chant Avedissian (Sabrina Amrani), Gamal El Sagini (Zamalek Art Gallery), Nabil Nahas and Anas Albraehe (Saleh Barakat Gallery), and KS Kulkarni (Aicon Art) are also part of the section.
Bawwaba
Translated from the Arabic word for “gateway”, Bawwaba contains works made specifically for the fair in the past year. The section aims to capture artistic trends and developments across the Global South, a region organisers have been aiming to champion through their programming.
Curated by Nancy Adajania, 10 solo presentations will be on view this year, six from newcomers. Lagos-based Rele Gallery, participating at Art Dubai for the first time, will feature stunning paintings by Tonia Nneji, while new arrival TARQ from Mumbai and Nature Morte from New Delhi will be presenting Soghra Khurasani and Mona Rai, respectively.
Works by Ranbir Kaleka will be on view with New Delhi's Vadhera Art Gallery, while Cusco’s Vigil Gonzales will showcase works by Jose Luis Martinat.
Art Dubai Commission
Among Art Dubai’s commissions for 2022 is one by Madrid-born artist Fernando Garcia-Dory with Inland collaborative agency from Spain. Bringing together ideas from archaeology, hydrology and urbanism, he will present Sand Flow, a multi-side installation that will explore Dubai’s history, as well as the cultures and communities that exist within the city.
Meanwhile, Filipino-American light artist James Clar will unveil an interactive installation Cloud Seed at the Julius Baer lounge that will present real time simulation of raindrops and fog.
Kenyan artist Cyrus Kabiru, whose sculptural masks play with conventional craft and design, will conduct a workshop for children aged 5 to 17. During the workshop, the artist will guide participants on how to repurpose everyday materials to artistic pieces.
The initiative is part of Art Dubai organiser ARM Holding’s Children’s Programme, which aims to expand its activities to 80 schools around Dubai.
Exhibitions
A new partnership between Art Dubai, Warehouse421 and the Salama Bint Hamdan Emerging Artist Fellowship (SEAF) will culminate in an exhibition on the fellowship's eight-year history that is curated by Maryam Al Dabbagh and Mays Albaik.
Titled Speculative Links, the presentation explores ideas of collective memory and prevalent themes found in SEAF's previous exhibitions. Featured artists include Asma Khoory, Tala Worrell, Dina Nazmi Khorchid, Sawsan Al Bahar, Shaikha Alketbi, Fatima Albudoor, Mohamed Khalid and Malak Elghuel.
In another exhibition, Russian artist Marina Fedorova’s Cosmodreams will consider how technology has impacted our environment. The immersive installation blends painting and sculpture with augmented and virtual reality, and was previously shown at the Erarta Museum of Contemporary Art in St Petersburg.
Art Dubai will take place from 2pm-9pm on March 11 and 12, and noon-6pm on March 13 at Madinat Jumeirah. Tickets are priced at Dh60 for one-day entry, and Dh100 for a three-day entry, available at artdubai.ae
Art Dubai 2021 - in pictures
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The Emirates is the world’s third largest per capita water consumer after the US and Canada.
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Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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The story in numbers
18
This is how many recognised sects Lebanon is home to, along with about four million citizens
450,000
More than this many Palestinian refugees are registered with UNRWA in Lebanon, with about 45 per cent of them living in the country’s 12 refugee camps
1.5 million
There are just under 1 million Syrian refugees registered with the UN, although the government puts the figure upwards of 1.5m
73
The percentage of stateless people in Lebanon, who are not of Palestinian origin, born to a Lebanese mother, according to a 2012-2013 study by human rights organisation Frontiers Ruwad Association
18,000
The number of marriages recorded between Lebanese women and foreigners between the years 1995 and 2008, according to a 2009 study backed by the UN Development Programme
77,400
The number of people believed to be affected by the current nationality law, according to the 2009 UN study
4,926
This is how many Lebanese-Palestinian households there were in Lebanon in 2016, according to a census by the Lebanese-Palestinian dialogue committee
