VEON Ltd. announced on November 15, 2024, that it has completed the registration and received the commercial license for its branch office in the Dubai International Financial Centre (DIFC). This approval is a key step in the company's previously announced plan to move its headquarters to Dubai.
Group CEO Kaan Terzioglu stated that these approvals enable VEON to upgrade its presence in Dubai, aligning with its strategic relocation plans. The move is expected to bring benefits in terms of proximity to VEON's operating markets and increased visibility to Gulf investors.
Once the full transition is completed, VEON is set to become the largest Nasdaq-listed company with its Group headquarters in Dubai. This development underscores VEON's commitment to its strategic realignment and its focus on high-growth frontier markets.
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