Ooredoo, a privately owned company headquartered in Qatar, was founded in 1987, employs approximately 25,960 individuals, and reported $6.5B in revenue as of 2024. The company functions as a multinational telecommunications provider, specializing in mobile, wireless, wire line, and content services across domestic and international telecommunication markets, serving both business and residential sectors.
Ooredoo saw the government celebrate the launch of PayPal services in partnership with the company in Maldives on June 15, with state media coverage, appearances by ministers and Ooredoo officials on an economic ministry podcast, and promotions by the Business Centre Corporation highlighting PayPal's potential. Separately, on July 2, Ooredoo Palestine received the "Best Employer in the Telecommunications Sector" award at The Global Economics Awards, acknowledging its work environment and institutional culture. Earlier, on July 1, Ooredoo Maldives announced a partnership with the Maldives Financial Expo 2026, organized by the Maldives Monetary Authority, where its Fintech division plans to showcase its digital financial ecosystem. This follows details released on June 21 regarding Ooredoo's PayPal payment receiving services through its m-Faisaa platform in the Maldives. Customers using this service can receive international payments without additional transfer charges from Ooredoo, incurring only PayPal’s standard transaction fee for transfers from PayPal to m-Faisaa.
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