Doha Bank Hosts “An evening of Islamic Calligraphy”
Doha Bank and Blue Mosaic in association with Sotheby’s hosted “Between 2 lines” an exhibition of Islamic calligraphy at the Auditorium, Doha Bank Tower on 17th June 2012. The event provided a private viewing of a suite of paintings by the late renowned artist M.F. Hussain. The event was attended by Ambassadors, Diplomats, Charge de affairs representing respective foreign embassies operating in the State of Qatar and customers of Doha Bank.
Dr. R.Seetharaman, Chief Executive Officer, Doha Bank Group gave his outlook on global economy. He said “The International Monetary Fund (IMF) projects the world growth at 3.5% for 2012, with advanced economies projected to experience 1.4% growth while emerging and developing economies including Middle East region projected to grow at 5.7%. The Unemployment rate in US is still above 8% and concerns from Euro crisis still remains. India‘s GDP had grown at 5.3% in 1st quarter of 2012. Inflation in India is sticky at 7.55% in May 2012. The current account deficit in India is under pressure due to high oil prices and a weakened rupee .India has risk of stagflation. China economic growth was at 8.1% in 1st quarter of 2012. Inflation fell to 3% in May 2012.Lower inflation potentially gives the government more room to deploy fiscal and monetary stimulus without causing an upwards spiral in prices and the central Bank already had made a first move by reducing rates in 1st week of June 2012.”
Dr. R.Seetharaman gave insights on calligraphy and the life of M.F.Hussain. He said”It is very fashionable to talk in china to talk about calligraphy and bank strategy. Approaching a piece of paper to write calligraphy is like mapping out a bank’s strategy in Chinese economy. Some of the finest works of modern calligraphy are charters and letters patent issued by monarchs and officers of state in various countries. Islamic calligraphy is associated with geometric Islamic art on the walls and is a visible expression of the highest art of all.M.F. Hussain has been widely regarded as the “Picasso of India” and has influenced a whole generation of artists in the country. He has claimed to have produced some 60,000 paintings in one of his last interviews in BBC. Husain first became well known as an artist in the late 1940s .MF Hussain also has the accolades to back up his talent and reputation. In addition to several awards for his work as an artist and filmmaker, the Government of India awarded him three of India’s highest civilian awards in recognition of his distinguished contribution to the country: the prestigious Padma Shri in 1955, the Padma Bhushan in 1973, and the Padma Vibhushan in 1991”
Noted Qatari Artist Mr. Yousef Ahmad was also one of the speakers in the evening. A media clipping on the biography of M.F Hussain was shown by his son Mr. Owais Hussain.