VEON Ltd. announced on October 14, 2024, that its Board of Directors approved a plan to relocate the VEON Group headquarters from Amsterdam to Dubai, United Arab Emirates. The company's expanding operational hub has been situated in the Dubai International Financial Centre (DIFC) since early 2022.
This strategic move aims to capitalize on Dubai's proximity to VEON's key markets, facilitate access to world-class talent, and enhance visibility with a broad base of Gulf investors. Group CEO Kaan Terzioglu noted that the relocation reflects a strategic realignment of the company's focus.
Upon completion, VEON is expected to become the largest Nasdaq-listed company with its Group headquarters in Dubai. This decision marks a new chapter for VEON in a dynamic and thriving market, supporting its growth strategy as a global digital operator.
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