Saudi Arabia aims to salvage white elephant financial district

By Angus McDowall RIYADH (Reuters) - The plan to build a financial district from scratch was viewed by Saudi Arabia's neighbours as among the glossiest excesses of the kingdom's oil boom profligacy: a white elephant in the making, unlikely to attract tenants and possibly never even to be completed. The creators of the King Abdullah Financial District (KAFD) envisaged a kind of mini-Dubai, a haven for foreign financial services and investors as well as local banks and companies currently doing bu