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Thursday, November 12 - 2009

Children's Hope Foundation to benefit from Bonhams' art auction

  • United Arab Emirates: Sunday, May 03 - 2009 at 11:57
  • PRESS RELEASE

Bonhams, the international fine art auction house established in the UK since 1793, will donate auction proceeds of a painting for the benefit of the Children's Hope Foundation (CHF), a humanitarian organisation working towards the welfare of underprivileged children across the world, on 11 May at Dubai's One and Only Royal Mirage Hotel.

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  • The Indian contemporary artist Yusuf Arakkal's rare work 'A Lazy Afternoon'.
    The Indian contemporary artist Yusuf Arakkal's rare work 'A Lazy Afternoon'.
The charity auction will be part of the larger auction titled 'Orientalist Paintings and Works of Art' where 73 paintings, water colours, sculpture, works of art, silver, glass, ceramics and Ottoman textiles will be up for sale. Dresdner Bank (DIFC) Limited, sponsors of the auction, will also be supporting the private VIP preview to be held on 7 May at the same venue.

Bonhams will be auctioning one rare work of art by famous Indian contemporary artist Yusuf Arakkal - winner of the prestigious Lorenzo De Medici Gold Medal at the Internazionale Dell'Arte Contemporanea in Florence - titled 'A Lazy Afternoon', the proceeds of which will go towards CHF. The foundation has been operating in Dubai for the last ten years, providing medical, educational and leisure facilities for children suffering from illness, disability or poverty. There have been over 60 beneficiaries in the United Arab Emirates, the United Kingdom, Asia, Africa and Europe.

Matthew Girling, Bonhams CEO, said:
"Bonhams has always contributed to the welfare of the less privileged, holding innumerable charity auctions each year. We understand the power of art to create awareness of special needs and of tragic circumstances."


'The Lazy Afternoon' painting meant for the charity auction will also be previewed on a special by-invitation preview of all paintings and works of art, courtesy of Dresdner Bank. In addition, all the works that are to be auctioned on 11 May will be shown to the public from 8-10 May, also at the same venue.

"Dresdner Bank has both a long history of supporting art, and a strong commitment to social responsibility. The Dresdner Foundation currently sponsors an exchange programme for German and Emirati artists. This forthcoming event is the second time Dresdner has supported a Bonhams auction and we welcome the additional opportunity to raise awareness of the work of the Children's Hope Foundation," explained Nigel Putt, Senior Executive Officer of Dresdner Bank (DIFC) Limited.

Bonhams, which has its Dubai office based on Jumeirah Beach Road, has been supported by the Al Tajir family who have been strong supporters of the art movement in the region. The charity auction is in line with the emirate's push to provide support for the special needs community not just in the UAE but around the world.

Zenny Hirji, Chairperson of CHF, said, "Bonhams' initiative to auction one work of art for CHF's several projects is overwhelming especially in these times when liquidity is at an all time low. We hope to raise the bar in providing quality care for our 60 beneficiaries. Children's Hope Foundation does not identify itself solely with one particular illness, project or disability so they are uniquely able to respond to cries for assistance from many different areas and for many different purposes."
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Notes and media contacts

Pre-sale viewings open to the public for Bonhams second Middle East auction will be held at One & Only Royal Mirage Hotel, Dubai:

- Dresdner Bank (DIFC) Limited sponsored private preview is by invitation only on Thursday 7th May

- Friday 8th May (2pm to 9pm), Saturday 9th May (2pm to 9pm) and Sunday 10th May (2pm to 6pm)

- Bonhams Orientalist sale will be held on Monday 11th May at 7pm at the One & Only Royal Mirage Hotel.

About Bonhams:

Bonhams, founded in 1793, is one of the world's oldest and largest auctioneers of fine art and antiques. The present company was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son and Neale UK. In August 2002, the company acquired Butterfields, the principal firm of auctioneers on the West Coast of America and in August 2003, Goodmans, a leading Australian fine art and antiques auctioneer with salerooms in Sydney, joined the Bonhams Group of Companies.

Today, Bonhams is one of the largest one of the largest and fastest growing auction houses in the world. It offers more sales than any of its rivals, through two major salerooms in London: New Bond Street, and Knightsbridge, and a further 10 throughout the UK. Sales are also held in San Francisco, Los Angeles, New York and Boston in the USA; and Switzerland, France, Monaco, Australia and Hong Kong.

Bonhams has a worldwide network of offices and regional representatives in 25 countries offering sales advice and valuation services in 50 specialist areas.

About Dresdner Bank (DIFC) Limited:

Dresdner Bank (DIFC) Limited (DBDL) is a subsidiary of Dresdner Bank AG and is part of the bank's private wealth management division. DBDL was incorporated May 2008, and is registered in the Dubai International Financial Centre (DIFC) and regulated by Dubai Financial Services Authority (DFSA). The Company specialises in advising and arranging the distribution of products and services of its sister companies within the Commerzbank Group of Companies to high net worth clients throughout the GCC and Mena region .

For more information please contact:

Melissa Green
Jnr. Account Executive
MCS Action FZ LLC
P.O Box 20970, Dubai Media City, UAE
T: +971 43658587
F: +971 43908161

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