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Saudi Ministry Launches 1st National Cultural Metaverse Platform in the World

The flag of Saudi Arabia (Asharq Al-Awsat)
The flag of Saudi Arabia (Asharq Al-Awsat)
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Saudi Ministry Launches 1st National Cultural Metaverse Platform in the World

The flag of Saudi Arabia (Asharq Al-Awsat)
The flag of Saudi Arabia (Asharq Al-Awsat)

The Ministry of Culture announced Friday the launch of the first national initiative in the world of the Metaverse supported by the artificial intelligence system for Generative Media Intelligence (GMI), SPA said on Saturday.
The initiative is launched in partnership with droppGroup and its World's First 'Phygital' Metaverse using Hyper ledger Fabric 2.5 block chain technology, which is represented by the Saudi Heritage Metaverse platform.
The platform offers a mix of cultural shows, performances and digital innovation powered by GMI technology, and hosts a dynamic digital environment that allows users to experience many activities and attractions "in real life".
This includes engaging cultural attractions such as the History Walk, sectors dedicated to music, art, history, culinary arts, and crafts, as well as mini-video games. The Performance Center will also stream live events including the Founding Day Commencement Symphony Concert on the ministry's Metaverse platform.
The Ministry of Culture's Metaverse platform is a fully immersive, and web-based experience ready for Mobile XR, ensuring accessibility across a wide range of devices, whether through mobile phones, VR headsets, desktops and other digital devices, as the users are guaranteed a seamless entry into the Metaverse to embody the Ministry of Culture’s commitment to inclusivity, enabling a diverse global audience to explore and participate in the rich history of Saudi culture.
This experience enables millions from the Kingdom, and from all over the world, to experience Saudi events in the Metaverse, which represents a turning point in cultural participation, and this initiative represents a major leap in the future of cultural expression and participation.

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Magritte Painting Nets Auction Record of $121 Million

Rene Magritte's "L'empire des lumières" is on display during a press preview for Christie's Fall 20/21 Marquee Week in New York, November 8, 2024. (AFP)
Rene Magritte's "L'empire des lumières" is on display during a press preview for Christie's Fall 20/21 Marquee Week in New York, November 8, 2024. (AFP)
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Magritte Painting Nets Auction Record of $121 Million

Rene Magritte's "L'empire des lumières" is on display during a press preview for Christie's Fall 20/21 Marquee Week in New York, November 8, 2024. (AFP)
Rene Magritte's "L'empire des lumières" is on display during a press preview for Christie's Fall 20/21 Marquee Week in New York, November 8, 2024. (AFP)

A painting by Rene Magritte shattered an auction record for the surrealist artist on Tuesday, selling for more than $121 million at Christie's in New York.

The seminal 1954 painting had been valued at $95 million, and the previous record for a work by Magritte (1898-1967) was $79 million, set in 2022.

After a nearly 10-minute bidding war on Tuesday, "Empire of Light" ("L'Empire des lumieres") was sold for $121,160,000, "achieving a world-record price for the artist and for a surrealist work of art at auction", according to auction house Christie's.

The painting -- depicting a house at night, illuminated by a lamp post, while under a bright, blue sky -- is one of a series by the Belgian artist showing the interplay of shadow and light.

"Empire of Light" was part of the private collection of Mica Ertegun, an interior designer who fled communist Romania to settle in the United States where she became an influential figure in the arts world.

She died in late 2023 and was married to the late Ahmet Ertegun, the music magnate who founded the Atlantic Records label.

The sale of the Magritte painting was an expected highlight of this week's autumn sales season in New York, at a time when the art market has seen a slowdown since last year.

Christie's -- which is controlled by Artemis, the investment holding company owned by the Pinault family -- said sales totaled $2.1 billion in the first half of this year.

That is down for the second straight year, after a peak of $4.1 billion in 2022 as the world emerged from the coronavirus pandemic.

During the same Christie's auction on Tuesday, a celebrated 1964 painting of a gas station by 86-year-old Ed Ruscha, titled "Standard Station, Ten-Cent Western Being Torn in Half," sold for $68.26 million, setting a new auction record for the American pop artist.