Dubai

Dutch telecom giant Veon relocates headquarters from Amsterdam to Dubai

14 October 2024
2 minutes
Dutch telecom operator Veon is moving its group headquarters out of its native home of Amsterdam to Dubai, United Arab Emirates.
Aerial shot of the Dubai coastline, featuring the Burj Al Arab
Aerial shot of the Dubai coastline, featuring the Burj Al Arab

The move to the Middle East would make Veon the largest Nasdaq-listed company with its Group headquarters in Dubai.

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Kaan Terzioglu, group CEO of VEON said the decision to relocate aligns with the company’s focus to be closer to its key markets.

“This move positions us to capitalise 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,” Terzioglu said.

Veon serves 160 million connectivity customers and a total base of 110 million monthly active digital users across six markets.

The company launched a presence in Dubai in 2010 and moved into the Dubai International Financial Centre (DIFC) in early 2022.

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