Emirati officials arrive for the launch of the Mohammed bin Rashid Al Maktoum Global Initiatives project in a ballroom at the Emirates Towers, in Dubai, Oct. 4, 2015. (AP Photo/Kamran Jebreili)
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The ruler of Dubai launched a new foundation Sunday to consolidate a range of existing charitable and human development initiatives that aims to support more than $270 million in projects annually.The foundation is designed to act as an umbrella group for some 28 aid organizations and other initiatives that the hereditary ruler, Sheikh Mohammad bin Rashid al-Maktoum, has inaugurated over the years as Dubai blossomed into a cosmopolitan trade, tourism and logistics hub.The project hopes to reach more than 130 million people in at least 116 countries, though much of its work over the next decade will target an Arab world roiled by conflict and crumbling institutions."What we will focus on in the near future is the region because this region is going through trouble and a crisis," Mohammad al-Gergawi, the United Arab Emirates' Cabinet affairs minister, told the AP. "Our primary goal is human development". In addition to his role as Dubai's ruler, Sheikh Mohammed is Prime Minister and Vice President of the seven-state Emirates federation.
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