Sotheby’s Establishes a Foothold in Saudi Arabia After Hosting the Kingdom’s First Major Auction
The sale generated $17.3 million, with Islamic art selling well. Getty Images for Sotheby’s Sotheby’s laid down a marker in the Middle East on Saturday evening by hosting Saudi Arabia’s first major art auction. The results were like the two-part evening sale’s lineup: a mixed bag. The house took in $17.3 million (estimate: $14 million–$20 million) …