Qatar has made an offer of nearly one billion British pounds ($2 billion) for Nasdaq’s 31% stake in the London Stock Exchange (LSE), joining Singapore in a bidding war for a share in the European bourse. Nasdaq last month said it might sell its stake in LSE to bolster its chances of buying Nordic exchange operator OMX. (Getty Images)
A decade after the world’s most expensive real estate project was announced, King Abdullah Economic City has completed many of its key components. Chief executive Fahd Al Rasheed explains why tourism, education and entrepreneurship are now his biggest focus.