Mohammed bin Rashid visits Dubai Municipality's plant nursery

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, today visited the Dubai municipality’s nursery and floriculture production site in Warsan, which extends on a land area of more than 36 hectares.

He was accompanied by Director-General of Dubai Municipality, Hussain Lootah, Director-General of the Department of Protocol in Dubai, Khalifa Saeed Suleiman, and a number of municipal officials.

The production capacity of the nursery is 200 million plants per year.

Lootah said the Warsan nursery can provide seasonal and sustainable flower seedlings through a large nursery production capacity that amounts to 70 million seedlings in one cycle per year.

Sheikh Mohammed appreciated the unique project of its kind in the region, and praised the municipal efforts to make the city of Dubai an icon of beauty and greenery.

He expressed his satisfaction about the advanced techniques used in local agriculture to adorn the streets and districts of Dubai with various varieties of trees and ornamental plants.

"Societies to innovate developmental solutions"

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai has said that innovative endowment is a developmental tool to support economy and social development.

Sheikh Mohammed added, "We want the societies to innovate developmental solutions to build a better and happier future for people. In one month after the launch of the global vision for endowment, the concept of innovative endowment has proved itself to make a positive impact for the society.

"Reviving endowment is not restricted on adopting the traditional endowment, we need to innovate to have a greater impact of this tool. The concept of innovative endowment, which we launched a month ago, has exceeded the limits of the traditional endowment as it is open for everyone to participate."

Sheikh Mohammed made his remarks during a briefing on the first month results achieved by the Mohammed Bin Rashid Global Centre for Endowment Consultancy, part of Mohammed Bin Rashid Global Initiatives. 

He praised the outcomes of the Centre in its first month through the innovative endowment which raised annual revenues of Dh503 million, equivalent to AED 6.2 billion of assets in traditional endowment. Sheikh Mohammed directed the Centre to continue receiving applications from businessmen and enterprises regardless of their size to adopt innovative endowment.

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