Dubai has become a central region for Middle East art trading, a new survey has found.
The survey, carried out for the arts fair Art Dubai 2010, found that three in four of the galleries surveyed agreed with the above statement, Gulf News reports. Most of the galleries surveyed also consider the Middle Eastern market to be playing a significant role in the contemporary art industry.
More than 60 galleries will be exhibiting at Art Dubai 2010, with more than half coming from outside the region.
John Martin, director and co-founder of Art Dubai, told the news provider that the survey findings indicated a continued confidence in the Middle East art market generally as well as Dubai's importance to art commerce in the region.
"The continued confidence in the fair confirms our belief that Dubai has the all the ingredients to become one of the most important new centres for the global art market, and a significant meeting place for creativity and the exchange of ideas," he added.
Last year's Art Dubai exhibition was a notable success, attracting an audience of over 14,000 visitors from around the world.