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)
Just about everything Badr Jafar touches turns to golD, formed just seven years ago, his crescent enterprises is raking in over a billion dollars in revenues and is highly profitable. But the young Emirati insists profits are just part of the plan.