Colnaghi Global Auction House Opens First Gallery in Riyadh
Image used for illustrative purpose. Photo: SPA
Riyadh: Colnaghi, one of the world’s oldest and most famous auction houses, has opened its first gallery in the Middle East, right in the heart of Riyadh.
This step was made possible through an agreement between Saudi Sarat Investments Holding and Colnaghi, which was founded in France back in 1760. The deal was signed during the Cultural Investment Conference held at the King Fahd Cultural Center, organized by the Ministry of Culture.
The new gallery marks a big moment for Saudi Arabia’s growing cultural scene. It also supports the Kingdom’s vision to boost cultural investment, create new jobs, and grow the economy. By bringing world-class art and culture into Riyadh, Colnaghi’s presence will give local artists, collectors, and visitors a chance to connect with the global art market.
The Cultural Investment Conference focuses on the future of cultural growth in Saudi Arabia, highlighting how art and culture can add value to the economy and open doors for society.
