The art fair will have 177 galleries this year, compared with 134 in 2022, but still fewer than before the pandemic

"Escalating costs and a decline in the number of international exhibitors" were cited as factors in decision

As the city attempts to grow its position as a global art hub, some dealers express a preference for gallery-hopping events

Noah Horowitz, formerly director Americas of the art fair brand, returns as chief executive following a brief stint at Sotheby's

The fair’s parent company MCH Group is developing "new digital formats" to support galleries

Daniel Hug posted that the Swiss company "is only interested in making money and keeping Art Basel the number one fair worldwide"

The French cultural body RMN put Fiac's October slot up for tender last year—now the Swiss firm MCH will launch a contemporary art fair, paying €10.6m for a seven-year contract

After selling its share in late 2018, the Swiss conglomerate has again taken a 15% stake in the event

Fair organiser is working with police and Swiss cyber security authorities to identify perpetrators of malware attack on 20 October

Media and entertainment investment firm Lupa Systems will become the events company's anchor shareholder, holding around a third of shares if approved on 3 August

Several other trade fairs have also been cancelled in Switzerland

Director Jagdip Jagpal says the fair is proud to remain regional while dealers double down on "Indian taste"

The first Art Basel Inside was due to take place in February 2020, over the same dates as Frieze Los Angeles

Swiss-based owner of Art Basel sells majority stake in Delhi event as part of wider withdrawal from regional art fairs programme

Angus says he is also keen to buy MCH’s share in the India Art Fair as the group divests its regional art fair portfolio

In the first of a new art market interview series, we speak to the art fair boss about his career

After announcing it would launch new international events in 2017, London fair takes cautious approach with pavilion within existing fair this October

Some fear MCH Group’s decision to sell could be a blow to country’s art market

David Hockney was latest white male artist to set a record this year

Concern for Delhi and Düsseldorf fairs following MCH Group withdrawal

Art Basel owner's move has divided the opinions of dealers, but Art Düsseldorf's founders remain optimistic

MCH Group is selling its stakes in Art Düsseldorf and India Art Fair and will pull out of Singapore’s Art SG to 'to stabilise the company '

Gallery's arrival boosts contemporary art showing at London fair following MCH Group investment, while new layout accommodates more exhibitors

New director Jagdip Jagpal pledges to maintain at least 70% Indian galleries at fiercely individual Delhi fair, where quality is rising but still patchy

Art, design and antiques fair becomes first cross-discipline event to become part of Art Basel parent company, with plans to expand to US, Asia and the Middle East