George Condo's 'Antipodal Reunion' sold for $1.2 million at a recent Sotheby's online auction. On Wednesday, Sotheby's announced its new online marketplace platform focused on primary sales. Courtesy Sotheby's
George Condo's 'Antipodal Reunion' sold for $1.2 million at a recent Sotheby's online auction. On Wednesday, Sotheby's announced its new online marketplace platform focused on primary sales. Courtesy Sotheby's
George Condo's 'Antipodal Reunion' sold for $1.2 million at a recent Sotheby's online auction. On Wednesday, Sotheby's announced its new online marketplace platform focused on primary sales. Courtesy Sotheby's
George Condo's 'Antipodal Reunion' sold for $1.2 million at a recent Sotheby's online auction. On Wednesday, Sotheby's announced its new online marketplace platform focused on primary sales. Courtesy

Gallery Network: Sotheby's launches online marketplace for buyers to make instant art purchases


Alexandra Chaves
  • English
  • Arabic

Auction house Sotheby’s has launched an online, ‘buy-now’ marketplace for partnering galleries. The Sotheby’s Gallery Network allows collectors to make immediate purchases directly from the website.

Prices will be listed publicly and works of up to $150,000 (Dh550,000) can be bought as point-of-sale transactions, much like on other e-commerce platforms. Visitors can send enquiries to staff for works priced beyond that amount.

Sotheby's Gallery Network was created to help partners during 'these unprecedented times'

For every piece sold, Sotheby’s will collect a commission, which is stated in the price online.

The marketplace, which launched on Wednesday, currently showcases viewing rooms for eight New York galleries. This includes Gavin Brown’s Enterprise, Jack Shainman Gallery, Kasmin Gallery, Lehmann Maupin, Luhring Augustine, Petzel Gallery, Sperone Westwater and Van Doren Waxter.

The "buy-now" function is not unique to Sotheby's. Online art platform Artsy introduced this feature for member galleries on its website last year. What's different about the Gallery Network, however, is that it will focus on primary sales as opposed to the typical auction house approach of secondary market sales.

A screenshot of the Sotheby's Gallery Network, which currently showcases works from eight New York galleries. Courtesy Sotheby's
A screenshot of the Sotheby's Gallery Network, which currently showcases works from eight New York galleries. Courtesy Sotheby's

The project was created to help partners during "these unprecedented times", according to the announcement. This refers to the ongoing coronavirus pandemic that has caused closures of galleries and cancellations of art fairs and auctions. Amid the crisis, art fairs and galleries have stepped up their digital strategies.

Last week, Sotheby’s marked its highest total in online sales with their "Contemporary Curated" selection, bringing in $6.4 million. Pre-sale estimates were placed at $4.2m to $5.8m.

This was initially intended to be a live auction in London, but the event was converted to an online sale due to the pandemic.

The top lot was a painting by George Condo titled Antipodal Reunion, which sold for $1.2m. Second to that was Iranian artist Monir Farmanfarmaian's Geometry of Hope, which sold at $470,925. Other names in the lot included Fahrelnissa Zeid, Yayoi Kusama, Robert Indiana, Andy Warhol and Damien Hirst.

The auction house is due to host a Covid-19 charity sale in collaboration with Google to support the International Rescue Committee on May 1. This online auction will offer bidders the opportunity to converse with some of the biggest names in music, politics, science, culture and sport – from Hillary Clinton to Madeleine Albright.

For more information, visit www.sothebys.com

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The specs

Engine: 5.0-litre V8

Power: 480hp at 7,250rpm

Torque: 566Nm at 4,600rpm

Transmission: 10-speed auto

Fuel consumption: L/100km

Price: Dh306,495

On sale: now

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EKinetic%207%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Rick%20Parish%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Abu%20Dhabi%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Clean%20cooking%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%2410%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self-funded%3C%2Fp%3E%0A
From exhibitions to the battlefield

In 2016, the Shaded Dome was awarded with the 'De Vernufteling' people's choice award, an annual prize by the Dutch Association of Consulting Engineers and the Royal Netherlands Society of Engineers for the most innovative project by a Dutch engineering firm.

It was assigned by the Dutch Ministry of Defence to modify the Shaded Dome to make it suitable for ballistic protection. Royal HaskoningDHV, one of the companies which designed the dome, is an independent international engineering and project management consultancy, leading the way in sustainable development and innovation.

It is driving positive change through innovation and technology, helping use resources more efficiently.

It aims to minimise the impact on the environment by leading by example in its projects in sustainable development and innovation, to become part of the solution to a more sustainable society now and into the future.

SHAITTAN
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About Tenderd

Started: May 2018

Founder: Arjun Mohan

Based: Dubai

Size: 23 employees 

Funding: Raised $5.8m in a seed fund round in December 2018. Backers include Y Combinator, Beco Capital, Venturesouq, Paul Graham, Peter Thiel, Paul Buchheit, Justin Mateen, Matt Mickiewicz, SOMA, Dynamo and Global Founders Capital

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

Results:

First Test: New Zealand 30 British & Irish Lions 15

Second Test: New Zealand 21 British & Irish Lions 24

Third Test: New Zealand 15 British & Irish Lions 15

UAE currency: the story behind the money in your pockets
Schedule for show courts

Centre Court - from 4pm UAE time

Johanna Konta (6) v Donna Vekic

Andy Murray (1) v Dustin Brown

Rafael Nadal (4) v Donald Young

 

Court 1 - from 4pm UAE time

Kei Nishikori (9) v Sergiy Stakhovsky

Qiang Wang v Venus Williams (10)

Beatriz Haddad Maia v Simona Halep (2)

 

Court 2 - from 2.30pm

Heather Watson v Anastasija Sevastova (18)

Jo-Wilfried Tsonga (12) v Simone Bolelli

Florian Mayer v Marin Cilic (7)

 

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
Abu Dhabi GP schedule

Friday: First practice - 1pm; Second practice - 5pm

Saturday: Final practice - 2pm; Qualifying - 5pm

Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm

What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

ULTRA PROCESSED FOODS

- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns 

- margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars;

- energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces

- infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes,

- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.

THE CLOWN OF GAZA

Director: Abdulrahman Sabbah 

Starring: Alaa Meqdad

Rating: 4/5

Conflict, drought, famine

Estimates of the number of deaths caused by the famine range from 400,000 to 1 million, according to a document prepared for the UK House of Lords in 2024.
It has been claimed that the policies of the Ethiopian government, which took control after deposing Emperor Haile Selassie in a military-led revolution in 1974, contributed to the scale of the famine.
Dr Miriam Bradley, senior lecturer in humanitarian studies at the University of Manchester, has argued that, by the early 1980s, “several government policies combined to cause, rather than prevent, a famine which lasted from 1983 to 1985. Mengistu’s government imposed Stalinist-model agricultural policies involving forced collectivisation and villagisation [relocation of communities into planned villages].
The West became aware of the catastrophe through a series of BBC News reports by journalist Michael Buerk in October 1984 describing a “biblical famine” and containing graphic images of thousands of people, including children, facing starvation.

Band Aid

Bob Geldof, singer with the Irish rock group The Boomtown Rats, formed Band Aid in response to the horrific images shown in the news broadcasts.
With Midge Ure of the band Ultravox, he wrote the hit charity single Do They Know it’s Christmas in December 1984, featuring a string of high-profile musicians.
Following the single’s success, the idea to stage a rock concert evolved.
Live Aid was a series of simultaneous concerts that took place at Wembley Stadium in London, John F Kennedy Stadium in Philadelphia, the US, and at various other venues across the world.
The combined event was broadcast to an estimated worldwide audience of 1.5 billion.

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