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September 09, 2023 10:42 UTC

S&P Global Market Intelligence offers our top picks of global private equity news stories and more published throughout the week. That decline stands out, even in a year with a significant drop-off in private equity investments overall. As of late August, the 2023 total for private equity investments in hotels, resorts and cruise lines was on track to come in even lower. Read more about declining private equity investment in hotels, resorts and cruise lines. The sellers are Legend Capital Management Co. Ltd., Hillhouse Investment Management Ltd. and CD Capital.

September 09, 2023 10:23 UTC

AYA, located in the heart of Dubai at the Wafi City, combines art with the latest technology in a vibrant interactive experience over 12 rooms designed to light up social media. AYA is a space where travellers play, drift and dream as they experience observations full of stars, roam gardens blooming in light, and cross rivers that bridge the infinite." Allen discusses the monumental tech achievement that is AYA, telling STIR that the park is spread over 40,000 sq. A man interacts with one of the exhibits at AYA, 2022 Image: Courtesy of AYAAt AYA, “Travellers”, as Allen refers to visitors, are invited to depart from our mundane reality and embark on a fantastical journey that explores a vibrant cosmos. The amount of digital visual design that has gone into the making of the AYA experience is simply giddying, and will be sure to foster an audience base that keeps coming back for more.

September 09, 2023 10:15 UTC

MappingSource: THA powerful earthquake struck Morocco, affecting areas including the Atlas Mountains and the historic city of Marrakech. Earthquakes are relatively rare in North Africa, and this was described as the strongest ever recorded in the mountain region. Morocco lies along the boundary of the African and Eurasian tectonic plates. Here the two massive plates interact, and their movements can result in seismic activity. Morocco, a North African country bordering the Atlantic Ocean and Mediterranean Sea, is distinguished by its Berber, Arabian and European cultural influences.

September 09, 2023 09:41 UTC

Most of the fatalities are in mountainous areas outside Marrakech, the nearest city to the epicentre, its updated toll showed. Buildings in its old city, a UNESCO World Heritage site, suffered damage. A mosque minaret had fallen in Jemaa al-Fna Square, the heart of the old city. "I still can’t sleep in the house because of the shock and also because the old town is made up of old houses," said Jaouhari Mohamed, an old city resident. [1/10]People work next to damage in the historic city of Marrakech, following a powerful earthquake in Morocco, September 9, 2023.

September 09, 2023 09:22 UTC





Hundreds of people have lost their lives in Morocco after a powerful 6.8 magnitude earthquake struck the North African nation. Morocco earthquake PlayStation taker: Netizens point out 'rookie mistake'"It might be the only thing that makes him happy. Man must save what’s more valuable to him after all," a user wrote on X, formerly known as Twitter. "Taking the console without the controller, rookie mistake," another user wrote. Also watch | Morocco Earthquake: Magnitude 7.2 quake kills over 600, injures manyThe epicenter of the earthquake was located 71 kilometres southwest of Marrakesh, and its effects were felt in coastal cities such as Rabat, Casablanca, and Essaouira.

September 09, 2023 09:06 UTC

Morocco's government said the death toll in a rare, powerful earthquake around Marrakech jumped on Saturday to 820 dead and 670 injured as authorities assess the damage. According to the USGS, the earthquake was the strongest to hit that part of the North African nation in over a century. Moroccans posted videos showing some buildings turned to rubble. Tourists and others posted videos of people evacuating restaurants in Marrakech as throbbing club music played. India is ready to offer all possible assistance to… — Narendra Modi (@narendramodi) September 9, 2023With inputs from PTI and AP

September 09, 2023 08:42 UTC

Morocco Earthquake: Leading to massive devastation, a 6.8 magnitude earthquake jolted North Africa’s Morocco yesterday, September 08. The earthquake hit the High Atlas mountain range after 11 PM at a shallow depth of 18.5 kilometers, according to the USGS. Soon after the tremors struck the country, people flooded the social media with their reactions and videos of the destruction. “Earthquake Morocco Richter 6.8,” another shared. ALSO READ: Amitabh Bachchan Does Popular ‘Wednesday’ Dance Steps In 1982 Movie; Netizens Say ‘Big B Did It First’ | Viral Video

September 09, 2023 06:29 UTC

Roanoke Rapids, NC (27870)TodayCloudy early, then thunderstorms developing this afternoon. Storms may contain strong gusty winds. Winds light and variable. Chance of rain 60%..TonightCloudy skies early, then partly cloudy after midnight. Winds light and variable.

September 09, 2023 03:36 UTC

A rare, powerful earthquake struck Morocco late Friday night, killing over 600 people and damaging buildings from villages in the Atlas Mountains to the historic city of Marrakech. Morocco's Interior Ministry said Saturday morning that at least 632 people had died, mostly in Marrakech and five provinces near the quake's epicenter. Extremely pained by the loss of lives due to an earthquake in Morocco. The Agadir quake prompted changes in construction rules in Morocco, but many buildings, especially rural homes, are not built to withstand such tremors. In 2004, a 6.4 magnitude earthquake near the Mediterranean coastal city of Al Hoceima left more than 600 dead.

September 09, 2023 03:19 UTC

State television showed people clustered in the streets of Marrakech late at night, afraid to go back inside buildings that might still be unstable. In Marrakech, the famous Koutoubia Mosque, built in the 12th century, suffered damage, but the extent was not immediately clear. In 1960, a magnitude 5.8 tremor struck near the Moroccan city of Agadir and caused thousands of deaths. The Agadir quake prompted changes in construction rules in Morocco, but many buildings, especially rural homes, are not built to withstand such tremors. In 2004, a 6.4 magnitude earthquake near the Mediterranean coastal city of Al Hoceima left more than 600 dead.

September 09, 2023 02:42 UTC

CNN —More than 800 people have been killed after the deadliest earthquake in decades struck central Morocco, with many of the victims in hard to reach mountainous areas. Not since 2004 has the country seen a comparable disaster, when a 6.3-magnitude earthquake struck the port city of Al Hoceima, claiming around 630 lives. Most houses in the mountain village of Asni near the epicenter were damaged, Montasir Itri, a local resident, told Reuters. Residents of Marrakech stay out at a square after an earthquake struck the region on Friday night. I’m still in the road with my children and we’re scared,” Houda Hafsi, a 43-year-old Marrakech resident, told Reuters.

September 09, 2023 02:29 UTC

Montasir Itri, a resident of the mountain village of Asni near the epicentre, said most houses there were damaged. Residents of Marrakesh, the nearest big city to the epicentre, said some buildings collapsed in the old city, a UNESCO World Heritage site. Search teams frantically scoured collapsed buildings for those trapped. Moroccans posted videos showing buildings reduced to rubble and dust, and parts of the famous red walls that surround the old city in Marrakesh damaged. Known as the el-Asnam earthquake, the magnitude 7.3 event was the strongest seismic activity the region had seen in centuries.

September 09, 2023 01:33 UTC

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September 09, 2023 01:25 UTC

The comments underscored how, almost seven decades after Morocco won independence from France, the two countries remain bound by more than a century of shared history and culture. “We are all devastated by the terrible earthquake in Morocco,” President Emmanuel Macron of France said on social media. “France stands ready to help with first aid.”France ruled Morocco as a protectorate from 1912 to 1956. Relations between France and Morocco have been mostly cordial since independence, and the two nations have strong economic and social ties. (France won, but later lost to Argentina in the final.)

September 09, 2023 01:07 UTC