gulfnews : Christie's, Bonhams Mideast art auctions indicate a booming market

Dubai: The success of the recent art auctions held by Christie's and Bonhams has demonstrated the region's increased interest in buying, collecting and investing in art.

Christie's latest auction in contemporary Arab, Iranian and Turkish art and jewellery proved a triumph, breaking 42 world auction records.

"The solid results for both the art and the jewellery sales are an indication that the art market in the Middle East continues to mature and attract an increasingly international and local following," said Michael Jeha, managing director of Christie's Middle East.