Governor of MMA, Dr.Azeema have said that buying shares of Ooredoo and investing in Ooredoo will ensure profits.
Speaking at a ceremony held tonight to commence the sale of Ooredoo shares to the public, Dr.Azeema said that Ooredoo is an exemplary company in developing and they have shown that they can compete with competitors and develop the company.
Azeema said that Ooredoo started as Wataniyya in 2005, during a time when Maldives was facing various economic problems due to the Tsunami. She said that, Ooredoo has developed and established well in Maldives despite all these challenges. In addition, she said that getting 390,000 customers within just 11 years and providing 4G coverage to 99 percent of the country is a notable achievement. In addition, she said that the mobile money transfer service introduced by Ooredoo last year is a service that Maldives was greatly in need of.
Azeema said that MMA wants all the citizens of Maldives to do monetary transactions wherever they are in the Maldives. She said that hence, the mobile money transfer service is a huge revolution to the financial sector of Maldives. She also said that telecommunication companies and banks can work together for development and that MMA will assist such endeavors.
In addition, she said that the three main conditions for foreign investments exists in Maldives. She said that there is an enabling and a peaceful environment to conduct business and regulations that encourage business exists in Maldives. She said that for these reasons foreign investors make a lot of profit from Maldives.
She further said that sales of shares by Ooredoo will benefit the people and the country. In addition, she said that buying the shares will also help in saving money and asked everyone to purchase shares from Ooredoo.
Investing in Ooredoo will ensure profits : Dr.Azeema
