The Abraaj Group is a leading private equity investor, purpose-built for operating in the growth markets of Africa, Asia, Latin America, the Middle East, and Turkey. Through its Stakeholder and Strategic Partnerships programs, the Group supports art and innovation, entrepreneurship and the next generation, aiming to have a deep rooted and sustainable impact across growth markets.
The three shortlisted artists receive a cash prize and are represented in a group exhibition at Art Dubai (March 15-18, 2017) through previous works, which are selected by the Guest Curator in liaison with the artist. The prize reflects Abraaj’s own investment philosophy, which is to take viable businesses with great potential, and create regional and global champions.
The Abraaj Group Art Prize was founded in 2008 and is now in its ninth edition. The aim of the prize is to empower potential and give often under-represented contemporary artists the resources to further develop their talent. Following the application and jury process, four artists are shortlisted for the prize and one (of the four) artists awarded the $100,000 commission.
To date, the 2009, 2010, 2011, 2012, 2013, 2014, 2015 and 2016 works were presented at Art Dubai and then gone on loan to exhibitions at Istanbul Modern, Istanbul, Singapore Art Museum, Singapore, Sharjah Biennale 11, Sharjah, 54th Venice Biennale, Venice, 18th Biennale of Sydney, Sydney, V&A, London, Boghossian Foundation, Brussels, Palais de Tokyo, Paris, KochiMuziris Biennale, Kochi, Hangzhou Triennial of Fiber Art, Zhejiang, Kunsthalle Wien, Vienna, Tensta Konstall, Stockholm, Glasgow Sculpture Studios, Glasgow, 10th Gwangju Biennale, Gwangju, New Museum, New York.