UAE: Chief LuLu obtains long-term residence visa in Oman-News

MA Yusuffali, chairman of LuLu Group and vice chairman of the Abu Dhabi Chamber of Commerce and Industry, received a long-term residence permit from the Oman government on Wednesday.

As many as 22 leading foreign investors from different countries, Including Dr. Shamsheer VayalilThe chairman and managing director of VPS Healthcare, headquartered in the UAE, received this card at an event in Muscat.

Yusuffali obtained an investor residence card from Qais bin Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion of Oman.

Khalid bin Saeed Al Shuaibi, consultant of Oman’s Ministry of Commerce, Industry and Investment Promotion, said: “Oman is providing long-term residency to leading investors and they are taking measures to create more jobs in Oman and strengthen the national economy and improve the quality of investment.”

Yusuffali welcomed the introduction of the investor residence program.

“I thank His Majesty Sultan Haytham bin Tariq Said, ruler of Oman, and the Omani government,” he said.

“This long-term residence program in line with Oman’s 2040 vision will help boost the economy and create more jobs. Such a far-sighted step will attract more foreign investors to Oman.”

This Indian businessman based in the UAE Won the UAE Golden Visa with Senior residency in Saudi Arabia.

LuLu Group has 215 hypermarkets in the Gulf Cooperation Council countries, Egypt, Indonesia and Malaysia, 27 of which are located in Oman.

Ashwani Kumar

I am a journalist from the Emirate of Abu Dhabi. The heart of a reporter. I heard my story from the street. As a South Indian born in the heartland of Hindi, it is easy for me to connect with people from different nationalities and cultures. I am a calm, sensitive and very patient reporter like a monk. In the field, I covered a range of topics related to community, health, embassies, tourism, transportation, business and sports. I will stand up to do the right thing and stick to my beliefs.