Qatar Says State Revenue Down 42 Percent from Iran War
Qatar’s Emir Sheikh Tamim bin Hamad al-Thani said on Tuesday that government revenue is down 42 percent for the first half of 2026 due largely to the impact of the Iran…
Christie’s, Sotheby’s, Frieze and Art Basel are pushing ahead with auctions, fairs and outposts in Abu Dhabi, Dubai and Doha, even as tensions around the Strait of Hormuz persist. Whether the rewards will outweigh the risks may depend on the continued enthusiasm of the new and younger buyers currently driving growth in the region's luxury economy.
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