Advertisement
Categories: NewsPakistan

Jazz Welcomes VEON’s HQ Move to Dubai: A Boost for Pakistan’s Digital Future

Advertisement

Jazz, Pakistan’s leading digital operator and VEON’s leading operating company (Nasdaq: VEON, Euronext Amsterdam: VEON), today announces that VEON’s Board of Directors has approved a plan to move its headquarters from Amsterdam to Dubai, United Arab Emirates, where VEON’s expanding operational hub has been located since early 2022.

With the move of its headquarters to the Dubai International Financial Centre (DIFC), VEON will become the largest Nasdaq-listed company with its Group headquarters in Dubai, which is also home to Nasdaq Dubai.

“We, at Jazz welcome this strategic move, marking an exciting chapter for the entire group. This relocation strengthens Jazz’s ability to accelerate our ServiceCo and enterprise journey by leveraging Dubai’s role as a global tech hub and driving innovation in connectivity and digital services for our customers across Pakistan and beyond. This move will further enhance our ability to deliver innovative solutions in connectivity, fintech, cloud, cybersecurity, and driving digital inclusion. This transition enhances our partnerships, access to capital, and talent acquisition, which are crucial for bridging the digital divide as we lead Pakistan’s digital transformation,” Aamir Ibrahim, CEO of Jazz, said.

“Our decision to relocate VEON’s headquarters to Dubai reflects the strategic realignment of our focus with closer proximity to our key markets. This move positions us to capitalize on the vast opportunities Dubai offers, including its proximity to our operations, access to world-class talent, and enhanced visibility with a broad base of Gulf investors. We are pleased to announce this shift as GITEX Global 2024, one of the world’s premier technology events, kicks off today in Dubai, marking a new chapter for VEON in a dynamic, thriving market,” said Kaan Terzioglu, Group CEO of VEON.

Jazz plays a pivotal role in driving regional growth, offering innovative digital and financial services to millions of customers, and contributing to the Group’s vision of empowering societies through enhanced connectivity and digital transformation. Jazz has over 71 million subscribers and more than 43.9 million 4G users nationwide. The company’s digital verticals – JazzCash, Tamasha, Garaj, and SIMOSA – continue leading the local fintech, entertainment, cloud & cybersecurity, and self-care sectors in Pakistan.

Advertisement
Mazhar Ali Raza

Mazhar Ali Raza is a senior journalist from Karachi. He has served more than twenty years in journalism. He was recently associated with the dunya media group as a senior business reporter from the last eleven years . Prior to that he has worked for CNBC for the period of four years. His major beats were the energy auto banking and agriculture sector . He has covered many seminars and exhibitions in Pakistan and abroad as well .

Recent Posts

Petrol, Diesel Prices May Surge by Up to Rs15/Litre

The government is preparing to impose another steep increase in petroleum prices, dealing a fresh…

16 hours ago

Sindh Bank selects PTCL to enhance Bank’s Digital Connectivity Infrastructure

Pakistan Telecommunication Company Limited (PTCL) and Sindh Bank have signed an agreement for deployment of…

16 hours ago

Trade Development Authority of Pakistan (TDAP) to Represent Pakistan at Heimtextil Frankfurt 2026

Heimtextil is the largest international trade fair for home and contract textiles, taking place in…

16 hours ago

5 luxe rooftop pools in Dubai you need to dive into

Looking to beat the Dubai heat in style? Whether you’re after skyline views, sunset vibes,…

16 hours ago

PM Shehbaz Removes PTV Fee from Electricity Bills, Launches Consumer-Led Billing App to Curb Overcharging

Prime Minister Shehbaz Sharif announced on Sunday the complete elimination of the PTV licence fee…

2 days ago

Strengthening Educational Assessment in Balochistan: AKU-EB Concludes Capacity Building Project with Balochistan Assessment and Examination Commission

The Aga Khan University Examination Board (AKU-EB) has successfully concluded a capacity development and technical…

2 days ago