Muscat, 16 Jan (ONA) — The Ministry of Commerce, Industry and Investment Promotion handed over the Investor Residency Programme cards to 42 investors of different citizenship, including 17 10-year residency cards and 25 5-year residency cards.

Asilah Salim Al Samsami, the Ministry’s Undersecretary for Investment Promotion handed over the third batch of residency cards which entitle foreign investors and retirees a right for long stay in the Sultanate of Oman.

The number of investors who received the residency cards since the programme’s launch in October 2021 reached 75.

— Ends/AG/AH