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&lt;p&gt;So says Kenny Moelis &amp;amp; Co., which just broke ground in Dubai, making the emirates home to the investment bank&#39;s seventh outpost across the globe.&lt;/p&gt;&lt;p&gt;&lt;img class=&quot;embeddedObject&quot; src=&quot;http://content.screencast.com/users/dloos/folders/Jing/media/3fa8796b-91d2-4213-b087-31ea0a161041/00000136.png&quot; border=&quot;0&quot; alt=&quot;&quot; width=&quot;263&quot; height=&quot;210&quot; align=&quot;left&quot;&gt;&lt;/p&gt;&lt;p&gt;Moelis &amp;amp; Co., which counts Dubai World&#39;s $23.5 bilion restructuring among its deals, is no stranger to the Middle East -- a region that&#39;s still suffering in the wake of the worldwide financial crisis, but one in which Moelis &amp;amp; Co. believes there&#39;s a sheik-load of money to be made.&lt;/p&gt;&lt;p&gt;&quot;The Middle East and North Africa is of key strategic importance for        Moelis &amp;amp; Company and our clients,&quot; said Moelis CEO Kenny Moelis in a press release. Mark Aedy, head of the firm&#39;s investment banking business for Europe, Middle East and Afrcia, noted in the same release that Moelis &amp;amp; Co. expects &quot;a high rate of economic growth&quot; in the region, with &quot;increasing financial markets activity and significant cross-border capital flows for a sustained period of time.&quot;&lt;/p&gt;&lt;p&gt;Augusto Sasso, the head of Middle Eastern and North African investment banking at Moelis (and former CSFB and DLJ banker), will oversee the new office.&lt;/p&gt;&lt;p&gt;(DealBook)&lt;/p&gt;

Derek Loosvelt

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So says Kenny Moelis & Co. , which just broke ground in Dubai, making the emirates home to the investment bank's seventh outpost across the globe.Moelis & Co.

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