Sotheby’s in Talks to Help Saudi Prince Build Desert Art Oasis - Bloomberg:
Saudi Crown Prince Mohammed Bin Salman has set multiple ambitious agendas for his desert kingdom. Turning it into a major cultural destination may end up being one of the highest-profile.
For part of the plan, the Saudi government has turned to Sotheby’s, the biggest U.S. auction house, and Allan Schwartzman, the co-chairman of its fine art division. He rose to fame by creating an arts dreamland in the Brazilian jungle for a mining magnate who was later convicted of money laundering.
The Saudi cultural center would take root in Al-Ula, an archaeologically rich region in the northwest of the country. There, the Nabateans, a formerly nomadic tribe of skilled craftsman and traders, carved elaborate buildings out of sandstone more than 2,000 years ago. The region contains an ancient city, Mada’in Salih, which was Saudi Arabia’s first Unesco World Heritage Site.
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