"Dubai Culture" launches the "Dubai Collectibles" initiative as the first system of its kind in the world for collecting and managing artistic works

Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Dubai Culture announced the launch of the "Dubai Collectibles" initiative, which is the first of its kind in the world, as an integrated system to collect and manage artistic collections of various forms according to prudent governance mechanisms that contribute to Enriching the creative scene in Dubai, confirming its position as a global capital, an incubator for creativity and a major destination for creators from around the world, in addition to consolidating the foundations of the creative economy within a comprehensive framework that participates in consolidating the pillars of society with all its components, from the government and private sector, as well as individuals.

The "Dubai Collections" initiative seeks to encourage, stimulate and spread the culture of acquiring artistic creations within a specific system to serve several goals and on more than one level.

On the one hand, the initiative carries a great strategic value as it introduces a new pillar of the knowledge-based economy based on creativity, while the initiative will have an impact on encouraging creative Emirati artists or residents in the country, as well as creators from different parts of the world, as well as encouraging art exhibitions and creating a legacy. Of the artistic works that can be used in the establishment of specialized international exhibitions, whether inside or outside the country, as these holdings will constitute a stock of artistic works that can provide the first nucleus for any of those exhibitions, with the aim of reaching global leadership in this field.

A prime center for creativity

Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, President of the Culture and Arts Authority in Dubai, expressed her sincere thanks and appreciation to the sponsor of the initiative, His Highness Sheikh Mohammed bin Rashid Al Maktoum, for all the interest, support and encouragement he attaches to culture, intellectuals and all creative people in various fields, and for the support of His Highness For the initiative to present a group of his holdings to be the first group to be included in the new system, to encourage the members of society and its institutions to contribute and participate positively in building this unique balance of artistic and creative works, as His Highness President of the Authority confirmed that this generous gesture will have a great impact on the success of the initiative's goals in the fastest time. Available time.

Her Highness said: “In Dubai Culture, we are working to achieve the vision of His Highness, Vice President and Prime Minister and Ruler of Dubai, through projects and initiatives that effectively empower the cultural and creative community, and contribute to confirming Dubai and the UAE in general as a major center for creativity in the region and a cultural and creative destination of the same type. World first. "

Her Highness added, "The" Dubai Collectibles "initiative represents a tangible step in this direction, through which we reaffirm our commitment to support artists, designers and creators of all spectrums to realize their aspirations in Dubai.

The first in the world

The "Dubai Collections" initiative introduces a system that is the first of its kind in the world and will be implemented under government supervision in partnership with the private sector, as well as individuals. Different cultures and anticipating the future.

The "Dubai Collectibles" initiative - which comes in cooperation between Dubai Culture and Art Dubai - is based on building an innovative system, which is the first of its kind in the world in terms of a mechanism for collecting, managing and governing collections. It will be designed based on a sustainable model with the contribution of all stakeholders from the public and private sectors and individuals as Either "sponsors" of the initiative through the acquisition of works of art that are included in the holdings group in the name of the trust, or through their temporary or permanent loan to the group of collections.

A higher committee was formed for the initiative, headed by Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, to take over the task of ensuring that the "Dubai Collectibles" approach is consistent with its objectives in accordance with the highest international standards.

The new system will help those interested in the arts to acquire, display and exchange paintings, sculptures and art pieces, as well as allow them to display art pieces in various parts of Dubai and in international forums to bring art closer to the public and contribute to building a society that values ​​art and its aesthetic, cultural and ethical roles, as well as its role in preserving heritage and history.

The initiative - adopted by His Highness Sheikh Mohammed bin Rashid Al Maktoum as part of the new cultural vision for Dubai - will contribute to supporting the creative economy in the emirate, by providing an infrastructure that stimulates the arts industry, encourages talent and attracts sponsors of art and innovation, providing an integrated system for creative work that contributes to the advancement Creative industries and their contributions to support the local economy.

The role of the initiative in support of the creative economy is that it will, over time, provide a database for collectors of works and artworks, and make Dubai a major destination for those interested in arts and creativity in the Middle East, as well as facilitate the display of Dubai's art collections in international exhibitions.

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