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Sale of Saudi artist Safeya Binzagr's work sets record at Sotheby's

image sourced from original article at https://www.arabnews.com/node/2631366/lifestyle

A painting by Saudi artist Safeya Binzagr, titled 'Coffee Shop in Madina Road' (1968), sold for $2.1 million at Sotheby's 'Origins II' auction in Riyadh, setting a new record for a Saudi artist and becoming the most valuable artwork ever sold at auction in the Kingdom. The sale nearly doubled the previous record and ranked as the third-highest price achieved for an Arab artist at auction. The auction featured 62 modern and contemporary works, with all nine Saudi pieces finding buyers and generating a combined $4.3 million, far surpassing expectations. International collectors from over 40 countries participated, and the total sale reached $19.6 million, exceeding pre-sale estimates. The event coincided with the Contemporary Art Biennale in Riyadh, highlighting the city's emergence as a major center for art and culture. Additional records were set for Egyptian and Sudanese artists, while works by global figures such as Pablo Picasso, Roy Lichtenstein, Andy Warhol, and Anish Kapoor also attracted significant attention. Sotheby's representatives noted the growing recognition and demand for Saudi modern artists, emphasizing the auction's role in bringing international exposure to the region's pioneers.

Original article source: https://www.arabnews.com/node/2631366/lifestyle
Source Id: 2026-02-967564896

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