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Bloomberg

Botero, Banksy Win Big in Sotheby's Debut Saudi Arabia Auction

By and Fahad Abuljadayel Save The historical mud-brick city of Diriyah in Saudi Arabia played host to an unusual crowd on Saturday night: art aficionados, new collectors and first-time paddle holders melding together to take part in Sotheby's inaugural auction in the kingdom. The offerings were as diverse as the crowd, with everything from high-end collectible watches to handbags, paintings, jewelry and sports memorabilia on sale to the highest bidder. In the end, it may have been Saudi Arabian businessman Amr Zedan who struck the most luck.