Seyedmohammad Omrany: Artworks Are Not Consumer Goods; They Are Enduring Assets with High Added Value

At a time when the world’s major economies are seeking new sources of wealth creation, art is no longer regarded merely as a decorative or cultural activity. It has become one of the most significant pillars of the creative economy.

New Oil? An Analysis of the Art Economy in the Middle East by Seyedmohammad Omrany

Over the past decade, the economy of visual arts in the Middle East has shifted from a marginal and largely symbolic sphere to a significant component of the region’s cultural equations, investment strategies, and even soft-power diplomacy.