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Zimbabwe grants UAE Mulk International exclusive license to establish a blockchain and digital assets zone

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  UAE Mulk International has been granted an exclusive license to establish a blockchain and digital assets special economic zone in Zimbabwe. This comes in parallel with Mulk International pledge to develop a 500 million USD Cyber City Hi tech park near the capital of Zimbabwe, Harare. The project Zim Cyber City, will facilitate special window clearance of blockchain and digital assets licenses and bank accounts, cutting-edge office spaces and high-end residential living for all individuals and entities operating and living in the community. Owner of Mulk International, Dubai based billionaire Shaji Ul Mulk has pledged to fund the project. As per an interview with Zimbabwean media, Ul Mulk stated, “The project will include villas, cyber technology offices, shopping malls, and the tallest tower in Africa the Mulk Towers all constructed on 2.5 million square metres of land.” The first phase of the project is expected to be complete in the next two years. Local businessman Temp...