Christie's employees adjust an oil on canvas painting by Sir Winston Churchill painted in Jan. 1943 called 'Tower of the Koutoubia Mosque'. AP
Christie's employees adjust an oil on canvas painting by Sir Winston Churchill painted in Jan. 1943 called 'Tower of the Koutoubia Mosque'. AP
Christie's employees adjust an oil on canvas painting by Sir Winston Churchill painted in Jan. 1943 called 'Tower of the Koutoubia Mosque'. AP
Christie's employees adjust an oil on canvas painting by Sir Winston Churchill painted in Jan. 1943 called 'Tower of the Koutoubia Mosque'. AP

Winston Churchill's 'most important' painting sells for £7m


Soraya Ebrahimi
  • English
  • Arabic

A painting of Marrakesh by Britain's wartime prime minister Winston Churchill smashed expectations to sell for £7 million ($9.75m) at auction in London on Monday.

Churchill, a keen artist, took inspiration from the Moroccan city and painted Tower of the Koutoubia Mosque in oil during a visit in 1943.

He gave the finished article to fellow wartime leader, US president Franklin Roosevelt. On Monday, it was sold by Hollywood star Angelina Jolie.

Auction house Christie's called it "Churchill's most important work".

"Aside from its distinguished provenance, it is the only landscape he made" during the war, it said.

After frenzied bidding, much of it over the phone, the gavel eventually came down at £7m ($9.7m), smashing the pre-sale expectations of between £1.5m ($2.1m) and £2.5m ($3.5m).

Two more of his paintings also went under the hammer, with the three works together fetching £9.43m ($13.1m).

A career army officer before entering politics, Churchill started to paint relatively late, at the age of 40.

His passion for the translucent light of Marrakesh, far from the political storms and drab skies of London, dates to the 1930s when most of Morocco was a French protectorate.

He made six visits to the North African country over the course of 23 years.

"Here in these spacious palm groves rising from the desert the traveller can be sure of perennial sunshine ... and can contemplate with ceaseless satisfaction the stately and snow-clad panorama of the Atlas Mountains," Churchill wrote in 1936 in Britain's Daily Mail.

He would set up his easel on the balconies of the grandiose La Mamounia hotel or the city's Villa Taylor, beloved by the European jet set of the 1970s.

It was from the villa, after a historic January 1943 conference in Casablanca with Roosevelt and France's Charles de Gaulle, that he painted what came to be regarded as his finest work.

It was of the minaret behind the ramparts of the Old City, with mountains behind and tiny colourful figures in front.

"You cannot come all this way to North Africa without seeing Marrakesh," he is reputed to have told Roosevelt.

"I must be with you when you see the sun set on the Atlas Mountains."

A newspaper photograph taken at the time shows the two wartime Allied leaders admiring the sunset.

After the US delegation left, Churchill stayed on an extra day and painted the view of the Koutoubia Mosque framed by the mountains and sent it to Roosevelt for his birthday.

"This is Churchill's diplomacy at its most personal and intense," said Christie's head of modern British and Irish art, Nick Orchard.

"It is not an ordinary gift between leaders. This is soft power and it is what the special relationship is all about."

A second Churchill landscape, "Scene in Marrakech", painted on his first visit to Morocco in 1935, earlier sold for £1.5m.

That was painted while on a stay at La Mamounia, where he marvelled at the "truly remarkable panorama over the tops of orange trees and olives", in a letter to his wife Clementine.

Churchill's painting of London's St Paul's Cathedral sold for £880,000 ($1.2m).

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Napoleon
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HIJRA

Starring: Lamar Faden, Khairiah Nathmy, Nawaf Al-Dhufairy

Director: Shahad Ameen

Rating: 3/5

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

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65
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UEFA CHAMPIONS LEAGUE FIXTURES

All kick-off times 10.45pm UAE ( 4 GMT) unless stated

Tuesday
Sevilla v Maribor
Spartak Moscow v Liverpool
Manchester City v Shakhtar Donetsk
Napoli v Feyenoord
Besiktas v RB Leipzig
Monaco v Porto
Apoel Nicosia v Tottenham Hotspur
Borussia Dortmund v Real Madrid

Wednesday
Basel v Benfica
CSKA Moscow Manchester United
Paris Saint-Germain v Bayern Munich
Anderlecht v Celtic
Qarabag v Roma (8pm)
Atletico Madrid v Chelsea
Juventus v Olympiakos
Sporting Lisbon v Barcelona

The specs

Engine: 2.3-litre, turbo four-cylinder

Transmission: 10-speed auto

Power: 300hp

Torque: 420Nm

Price: Dh189,900

On sale: now

UAE Falcons

Carly Lewis (captain), Emily Fensome, Kelly Loy, Isabel Affley, Jessica Cronin, Jemma Eley, Jenna Guy, Kate Lewis, Megan Polley, Charlie Preston, Becki Quigley and Sophie Siffre. Deb Jones and Lucia Sdao – coach and assistant coach.

 
GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

Ms Yang's top tips for parents new to the UAE
  1. Join parent networks
  2. Look beyond school fees
  3. Keep an open mind
The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

My Cat Yugoslavia by Pajtim Statovci
Pushkin Press

Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

Other acts on the Jazz Garden bill

Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

WHAT%20MACRO%20FACTORS%20ARE%20IMPACTING%20META%20TECH%20MARKETS%3F
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Company Profile

Name: JustClean

Based: Kuwait with offices in other GCC countries

Launch year: 2016

Number of employees: 130

Sector: online laundry service

Funding: $12.9m from Kuwait-based Faith Capital Holding