Press Release Dubai’s Renowned Artspace Gallery Proudly Presents Palestinian artist Kamal Boullata A diverse and moving exhibition of contemporary paintings Dubai, 10th December 2009 – Artspace Gallery is pleased to be showcasing an innovative selection of works by the Palestinian Artist Kamal Boullata at an exhibition that is taking place from the 9th to 31st of December. Boullata’s work is well regarded around the world and is considered one of Palestine’s great contemporary artists. His works are included in public collections and important institutions such as The British Museum, London; Institute du Monde Arabe, Paris; New York Public Library, New York; The Khalid Shoman Foundation, Amman; Jordan National Gallery, Amman, Sharjah Art Museum, Sharjah and the Bibliotheque Louis Notari, Monaco. Boullata is also known for writings on Arab and Palestinian art. He has published books and written articles which have appeared in anthologies, periodicals and exhibition catalogues. Abdulla bin Hamad Bin Sougat, Chief Executive Officer of DIFC Lifestyle Group, said “The Dubai International Financial Centre is keen to continuously enhance its offerings in the field of art and culture for both its community and the wider public in Dubai. As Kamal Boullata is one of the Arab World's contemporary art prodigies, hosting his exhibition at the Gate Village is an important event that enriches the arts and culture calendar in the region. Bullata’s works have been welcomed and showcased by the finest art institutions around the world. Now Artspace is providing an opportunity to art lovers in the UAE and the region to view his masterpieces." The paintings on display will present Arabic words and numbers, expressing the relationships between geometry, color and light. Boullata’s inspiration comes from Al-Hasan Ibn AlHaitham, who was a calligrapher, mathematician and physicist among many other things. This particular exhibition of Boullata’s works is dedicated to this leading Arab pioneer. The Middle East Art Fund Young countries, with young eyes are seeing the world differently and re-producing sights, sounds and textures in fresh and exciting new ways. Major work from the Arab Middle East and surrounding countries is sweeping into the art world and major auction houses as an important new contender. This fast moving, rapidly evolving new Middle East art market led to Daman Investments developing an innovative new fund devoted to contemporary regional art - the Daman Middle East Art Fund. Launched in the first quarter of 2008 with a capital of AED 50 Million, qualified, interested investors and grass roots art connoisseurs known to the Manager were invited to form a new fund that could take part in and capitalize on this rapidly evolving, dynamic new entry into the global art scene. The Middle East Art Fund strictly invests in contemporary art with a specific focus on the Middle East with a clear objective to capitalize on that interest while contributing to the expansion of art within Middle Eastern and regional culture as well as across borders. Sponsoring projects and incubating new artists is part of the activities undertaken by the Fund in projects ranging from sponsoring the publication of new authors to funding group exhibitions and one man shows. The Fund is on a constant lookout for Middle Eastern artists globally, who have a strong potential to outperform. The Fund rigorously evaluates each art piece and its provenance as well as the artist prior to making the investment. - Ends - DIFC Lifestyle Group The DIFC Lifestyle Group, a division of DIFC Investments, the investment arm of the Dubai International Financial Centre (DIFC), designs, leases and manages premium retail developments that offer distinctive lifestyle experiences. The Group has created a high-end lifestyle sanctuary within the DIFC financial district for people who seek the finer things in life. Customers can experience an impeccable blend of luxury retail and fashion, premium F&B, fine art and culture. All this, combined with the financial district's iconic architectural setting, has made DIFC home to one of the region's most luxurious retail environments. Art and cultural offerings enrich the lifestyle experience offered within DIFC. Galleries established under the umbrella of the DIFC Lifestyle Group showcase an eclectic mix of contemporary art from across the world, with a special emphasis on the region between North Africa and India. The DIFC Lifestyle Group’s offering marries the style and exclusivity of a premium retail destination with the vibrancy and verve of a global financial business community. Retailers and art galleries establishing in DIFC have access to a captive market of high-income financial professionals, among whose ranks are several ultra-high-net-worth individuals. In 2008, the DIFC Lifestyle group acquired a majority stake in Villa Moda, a unique multi-brand luxury fashion store. Villa Moda has implemented a unique retail concept in the Gate Village in DIFC, which features boutiques of global fashion brands like Marni, Dries Van Noten, Vivienne Westwood, Nina Ricci, Issey Miyake and Tsumori Chisato. For PR inquiries on DIFC Lifestyle Group, please contact: Amira Abdulla Director - Regional Public Relations Dubai International Financial Centre Tel: +971 4 362 2433 Email: amira.abdulla@difc.ae Shaima Al Zarouni Assistant PR Manager Dubai International Financial Centre Tel: +971 4 362 2432 E-mail: shaima.alzarouni@difc.ae About Artspace Gallery: Launched in May 2003 at the Fairmont Dubai, Artspace Gallery invited Dubai and the region to acquaint themselves with Contemporary Middle Eastern Art. Having dedicated the past five years to promoting and establishing Contemporary Middle Eastern artists in the region, Artspace Gallery now boasts a portfolio of over 20 artists, and is located in the art district at The Gate Village, DIFC. For more information and location: Visit HUwww.artspace-dubai.comU or call +9714 3230820 About The Daman Middle East Art Fund: Launched in the first quarter of 2008 with a capital of AED 50 Million, the Daman Middle East Art Fund was developed to tap into the rapid growth of the emerging Middle East art market. The fund was formed by qualified, interested investors and art connoisseurs known to the Manager on an invitation only basis. Investing into contemporary art with a specific focus on Middle Eastern art, the Fund looks to capitalize on that interest while contributing to the expansion of art within Middle Eastern and regional culture and across borders. Specific attention is paid to the evaluation of each art piece and its provenance as well as the artist, thereby optimizing value, prior to making the investment. For PR inquiries on Artspace Gallery, please contact: Artspace Sossy Dikijian +9714 3230820 Usossy@artspace-dubai.com