A detail of Shakir Hassan Al Said's untitled painting from 1957, part of the Baghdad Group for Modern Art
A detail of Shakir Hassan Al Said's untitled painting from 1957, part of the Baghdad Group for Modern Art
A detail of Shakir Hassan Al Said's untitled painting from 1957, part of the Baghdad Group for Modern Art
A detail of Shakir Hassan Al Said's untitled painting from 1957, part of the Baghdad Group for Modern Art

Art Dubai to partner with Saudi Arabia’s Misk Art Institute


Melissa Gronlund
  • English
  • Arabic

Art Dubai has announced a new partnership with the Misk Art Institute, the Saudi cultural organisation founded by Crown Prince Mohammed bin Salman’s Misk Foundation and headed by the artist Ahmed Mater.

This is the largest partnership to date in the region for the institute, which was set up in 2017, and has announced a series of collaborations with high-profile international organisations including the Venice Biennale.

Misk Art Institute will be the main supporter for the fair’s Modern section and its symposium, which was added last year under its incoming director Myrna Ayad.

It will specifically support the Modern section's new "museum-quality" show, as Ayad puts it, organised by curators Sam Bardaouil and Till Fellrath. The pair, who collaborate under the rubric Art Reoriented, are well known for their extensive research and curatorial projects in the field of 20th-century Arab work, and last year they curated "21-39", the international art exhibition held annually in Jeddah. Bardaouil and Fellrath's show for Art Dubai, That Feverish Leap into the Fierceness of Life, surveys modernist schools in five Arab cities between the 1940s and the 1980s: the Contemporary Art Group in Cairo, the Baghdad Group for Modern Art, the Casablanca School of Art, the Khartoum School and Dar Al-Funoon Al-Saudia in Riyadh.

Mohammed Melehi's 'Untitled,' 1976. Melehi's work, part of the Casablanca School of Art of the 1960s and 70s, will be on show in Art Dubai's show 'That Feverish Leap into the Fierceness of Life'.
Mohammed Melehi's 'Untitled,' 1976. Melehi's work, part of the Casablanca School of Art of the 1960s and 70s, will be on show in Art Dubai's show 'That Feverish Leap into the Fierceness of Life'.

“The title is taken from the 1951 manifesto from the Baghdad Group for Modern Art,” Ayad says. “It really encapsulates the passion and vision with which all modernists practising in those times leapt forward in their practices.”

The institute will also be supporting three out of the planned 12 talks at the fair’s Modern Symposium, including one on modernity in the Gulf, for which Bardaouil and the art historian Nada Shabout will be in conversation.

Shabout, who advised on That Feverish Leap, is also one of the editors of Modern Art in the Arab World: Primary Documents, the collection of primary material – manifestos, letters, diaries, transcripts of roundtable discusssions – that MoMA is producing in partnership with Misk, and which is due out this spring.

Although the bulk of the Art Dubai partnership is in modern work, Misk is also showing the video Reframe Saudi, directed by Matteo Lonardi, which will appear in Virtual Reality in the contemporary section. The video portrays a number of young Saudi artists – Dana Awartani, Ahaad Alamoudi, Zahra Al Ghamdi – at work. 

Misk Art Institute's commitments come as part of Prince Mohammed's recent investment in culture. He tapped Mater, a leading figure in the Saudi art establishment who has been critical of the kingdom's reliance on oil, to lead the institute; architectural firms including aMDL and Skene Catling de la Pena have been commissioned to build its headquarters in Riyadh.

The institute announced in January that it will be supporting the first Saudi Arabia Pavilion at the International Architecture Exhibition of the Venice Biennale this spring, a cultural exchange programme in California, and a festival in New York dedicated to Arab art.

“Misk is a cultural organisation that is looking to implement strategic and long-term visions that are focused around cultural appreciation, education and very much the same values that we as Art Dubai reflect in our mission,” Ayad says.

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Read more:

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UAE currency: the story behind the money in your pockets
Match info

Manchester United 1 (Van de Beek 80') Crystal Palace 3 (Townsend 7', Zaha pen 74' & 85')

Man of the match Wilfried Zaha (Crystal Palace)

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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What vitamins do we know are beneficial for living in the UAE

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'How To Build A Boat'
Jonathan Gornall, Simon & Schuster

ARGENTINA SQUAD

Goalkeepers: Franco Armani, Agustin Marchesin, Esteban Andrada
Defenders: Juan Foyth, Nicolas Otamendi, German Pezzella, Nicolas Tagliafico, Ramiro Funes Mori, Renzo Saravia, Marcos Acuna, Milton Casco
Midfielders: Leandro Paredes, Guido Rodriguez, Giovani Lo Celso, Exequiel Palacios, Roberto Pereyra, Rodrigo De Paul, Angel Di Maria
Forwards: Lionel Messi, Sergio Aguero, Lautaro Martinez, Paulo Dybala, Matias Suarez

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if you go

The flights
The closest international airport to the TMB trail is Geneva (just over an hour’s drive from the French ski town of Chamonix where most people start and end the walk). Direct flights from the UAE to Geneva are available with Etihad and Emirates from about Dh2,790 including taxes.

The trek
The Tour du Mont Blanc takes about 10 to 14 days to complete if walked in its entirety, but by using the services of a tour operator such as Raw Travel, a shorter “highlights” version allows you to complete the best of the route in a week, from Dh6,750 per person. The trails are blocked by snow from about late October to early May. Most people walk in July and August, but be warned that trails are often uncomfortably busy at this time and it can be very hot. The prime months are June and September.

 

 

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

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Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

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The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports