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ART INVESTMENT MIDDLE EAST

‘Monet talks’ as Mideast art investment proves a pretty picture

Thursday, 19 September 2013

‘Art for art’s sake’ may be the prevailing view of many visitors to galleries and exhibitions. Yet for a small but growing band of global investors, art can be as attractive for the bank balance as it is hanging on a wall. And making money from Monet – or any number of less famous artists – is beginning to take off in the Middle East, experts claim. “As an investment, it’s beginning to be acknowledged,” said Salma Shaheem, who heads up the Middle ...

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