Billionaire tycoon who is building Zim Cyber City wins top Middle East award
UNITED ARAB EMIRATES – Shaji Ul Mulk, Founder and Chairman of Mulk International Group, who is currently investing in a US$500 million real estate project in Zimbabwe, popularly known as ‘The Zim Cyber City,’ has been ranked as the fourth most influential person on the Arabian Business 100 Most Inspiring Leaders list.
The list honours visionaries, innovators, and trailblazers who have shaped the Middle East’s business landscape across various sectors.
Mulk International Group is a 40-year-old global entity with a net worth of over US$2 billion and a diversified portfolio spanning four sectors: manufacturing, real estate, sports, and healthcare. The group has received the Sheikh Mohammed bin Rashid’s MRM award for the best foreign manufacturer in the UAE.
The group’s flagship product is the metal composite panel, branded as ‘ALUBOND’, which made the group the world’s largest manufacturer of aluminium composite panels with installations in over 100 countries.
The Dubai-based billionaire’s innovative spirit is also evident in his other ventures.
In the sports industry, he founded the T10 Cricket League, the fastest cricketing format in the world. The T10 League has quickly become a global phenomenon, attracting millions of viewers around the globe. The format recently graced Zimbabwe in a tournament that was played across the Southern African country.
The group entered the healthcare industry in 2010 and launched Mulk Med Healthcare, a pioneering telehealthcare ecosystem provider that offers physiotherapy centres, telemedicine facilities, and diagnostic clinics across the region. Mulk Med Healthcare also launched the Mulk Med Healthcare Virtual Hospital, an innovative venture that combines ICT and healthcare solutions.
The group is currently investing in a US$500 million real estate project in Zimbabwe, ‘The Zim Cyber City’, a state-of-the-art mixed-use development project that promises an affluent community and an unparalleled standard of living with duty-free shopping amenities. The project is managed by Zimbabwe Global Investments (ZGI), a subsidiary operating under the Special Economic Zone (SEZ) programme approved by Zimbabwe President Emmerson Mnangagwa.
“This state-of-the-art mixed-use development project is currently underway in Mount Hampden, New Harare. Promising an affluent community and an unparalleled standard of living with duty-free shopping amenities, Zim Cyber City emerges as one of Africa’s most promising and exciting real estate projects,” wrote the event organisers in their citation of Mulk whose legacy they described as one that will resonate for generations to come.
The group is also disrupting the construction industry with the Alubond LGS building system, which replaces timber with light gauge steel frames that are stronger, faster, and more eco-friendly.
Organisers of the prestigious awards said they were a testament to the extraordinary accomplishments of the individuals who shape the Middle East region.
Billionaire tycoon who is building Zim Cyber City wins top Middle East award
