The cultural intelligence concept was formulated to alleviate and grasp multicultural interactions in business organizations. Based on the theory of multiple intelligence; it is the cross-cultural facet of intelligence that assists adaptive cultural adjustment. Due to its implications for the contemporary world witnessing increased cultural contact and clashes; it has attracted multidisciplinary scholarly interest. This paper revises the development, validation and major approaches to the construct, along with a focus on its critical assay. Significance of the construct in fostering intercultural discourse to encourage pacific multicultural existence is implicated. Furthermore, proposals are made to expand the scope of cultural intelligence research and integrate it in diverse fields encompassing intercultural contact and communication.