President Emmerson Mnangagwa has appointed businessman Dr. Paul Tungwarara as the Special Presidential Investment Advisor to the United Arab Emirates (UAE), a role aimed at bolstering Zimbabwe's economic ties with the Gulf nation. Dr.
Tungwarara will report to the Minister of Foreign Affairs and International Trade, Professor Amon Murwira. According to the President's official statement, the appointment is for an initial renewable term of two years. "I, Emmerson Dambudzo Mnangagwa, President of the Republic of Zimbabwe, by the powers vested in me by the Constitution of Zimbabwe Amendment (No.
20) Act 2013, do hereby appoint Tempter Paul Tungwarara Special Presidential Investment Advisor to the United Arab Emirates from the date of signature of these presents," the statement read. The appointment authorises Dr. Tungwarara to engage in mutual discussions on behalf of the Government concerning investment opportunities, with full privileges and immunities accorded to his position.
Strengthening UAE-Zimbabwe Relations Dr. Tungwarara has already demonstrated significant progress in positioning Zimbabwe as an attractive investment destination. Among his notable accomplishments is fostering interest from Mahomed Alabbar, the owner of the Burj Khalifa - the world's tallest building.
Alabbar, a prominent Dubai businessman, has shown interest in developing luxury hotels in Zimbabwe. Additionally, Dr. Tungwarara has initiated collaborations with PSI Real Estate, an affiliate of DAMAC, on.