Veon Ltd., a global telecom operator, has revealed plans to pursue a dual listing on a UAE stock exchange within the next 3 to 5 years, following its strategic decision to move its headquarters from Amsterdam to Dubai. This relocation aims to strengthen Veon’s presence and operations across the Middle East, Africa, and Asia.
Dubai’s business-friendly environment, advanced infrastructure, and strategic geographic location make it an ideal regional hub, offering Veon enhanced access to capital markets and investor bases. The dual listing will maintain Veon’s primary Amsterdam listing while expanding its financial ecosystem in the UAE, facilitating improved funding access and shareholder value.
Veon’s leadership highlighted the move as pivotal to becoming more agile and closer to core markets amid a rapidly evolving telecom landscape. The company is evaluating regulatory and market conditions in the UAE as it plans its listing. Veon’s regional growth strategy includes investments in digital services, 5G infrastructure, and data-driven innovations.
This relocation and dual listing plan underscore Veon’s commitment to the Middle East as a key growth region, supporting partnerships, business development, and operational efficiency across its emerging markets footprint.
