A 5-month-old girl was rescued on Wednesday from the rubble of a building that collapsed in Jordan's capital Amman, police said, as government engineers voiced suspicions that the removal of a retaining wall had caused the structure to fall.
Officials said that at least nine people were killed and 16 injured when the four-storey residential building came down in the city's Jabal Al Weibdeh district on Tuesday.
Jordan's building codes are fairly robust but work on older structures is often unmonitored. Neighbours said the collapsed building, constructed on a slope, is at least 50 years old and expansion work was under way on a ground-floor apartment when the structure came down.
A police statement said the baby's condition is being assessed at a nearby hospital, where she was transported in the late afternoon.
“First aid was administered to the baby and she was transported to hospital,” the statement said.
Four deceased people were pulled from the rubble and another person was discovered alive on Wednesday, police said.
Rescuers said as many as seven other people could be trapped under the rubble, although Civil Defence said that no accurate number can be given.
Civil Defence crews aided by street cleaners wearing green overalls were using jackhammers to dig access holes in slabs of concrete they said had made up the roof. A crane, bulldozer and lorries were being used to remove rubble from the site.
“We have identified sections where people could be trapped,” one rescuer, who asked not to be named, told The National.
“The whole structure fell like a sandwich.”
Government engineers sent to assess the cause of the collapse watched the scene from a nearby building.
One of them, who spoke to The National on condition of anonymity and citing an official investigation, said: “The way the building collapsed is consistent with a retaining wall on the ground level torn down.”
Another engineer said they had received reports that expansion work was going on in a ground-floor apartment before the building collapsed.
“It is an old building and it does not have the redundancy measures in newer buildings,” he said, using an engineer's term for safety features built into a design.
Neighbours confirmed that expansion work was taking place.
Amal, who lives right next door to the building, said a 19-year-old woman and a baby were among the dead.
“I was outside when I heard the noise. I thought it was our building that went down,” she said.
Jabal Al Weibdeh resident Samer, the superintendent of a commercial complex next to the site, said he heard a loud bang and saw plumes of sand and dust rising into the sky as the building collapsed.
“It shook the whole of Weibdeh,” he said.
He said he saw the body of a woman being removed from the wreckage.
Jabal Al Weibdeh is an older district of the capital popular among foreign students studying Arabic. In recent years, shisha cafes and fast food restaurants have opened in the area but the district still retained some of its original, mostly middle-class population.
Jordan's King Abdullah II, who is in Paris on an official visit, called police chief Obaidallah Maaytah “to ensure utmost effort continues to save the people trapped under the rubble”, the Royal Court said.
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The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
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Family: He is the youngest of five brothers, of whom two are dentists.
Celebrities he worked on: Fabio Canavaro, Lojain Omran, RedOne, Saber Al Rabai.
Where he works: Liberty Dental Clinic
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Results
Oman beat Nepal by 18 runs
Oman beat United States by six wickets
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UAE currency: the story behind the money in your pockets
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”