Wall Street drilling for Middle East riches

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By Joseph A. Giannone
31 October 2007 @ 04:41 pm ET

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"This is simply good business. Firms are identifying new opportunity and insuring they won't lose pace internationally," said Dany Assaf, a partner with law firm Ogilvy Renault, which advises companies doing business in the Gulf.

"You really have reached a tipping point," said Assaf.

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