Qatar an international hub for art auctions

Art investors, collectors, founders of auction houses and art galleries in Qatar have affirmed the Doha’s distinguished role as a hub for auctions for precious collectibles, in parallel with its role as a global capital for major cultural, sports and economic conferences and events.

Many experts describe how that role serves the country’s cultural renaissance, as well as Doha’s ability to attract international auctions and art collectors from the region. They also stressed that artwork was a solid investment thanks to its ability to maintain its value regardless of the economic climate.

Tariq Al Jaidah, founder of Katara Art Center and Eiwan Al Gassar Gallery, said Doha is one of the world’s most important capitals in terms of hosting regional and international events.

He highlighted hosting the FIFA World Cup Qatar 2022 as the biggest evidence of that. He stressed that arts and culture in the country are part of that wider movement in the state, which led to the establishment of a strong cultural base and growing momentum in the local art scene.

He said all these factors combined attracted international auction houses and galleries to take part in that growing movement.