Dubai, New York and Islamabad, 8 February 2026: VEON Ltd. (Nasdaq: VEON), a world digital operator (“VEON” or the “Group”), as we speak introduced the launching of its “Put money into Pakistan, NOW!” initiative in partnership with JazzWorld, VEON’s providers firm in Pakistan, throughout World Governments Summit in Dubai, UAE. “Put money into Pakistan, NOW!” invitations worldwide traders to take a contemporary have a look at Pakistan because the nation’s financial fundamentals strengthen, and long-term progress alternatives change into extra seen.
As part of the initiative, JazzWorld and Nutshell Group of Pakistan, signed a Memorandum of Understanding (MoU) to advance dialogue and partnerships round digitalization, inclusive progress, and cross-border funding in Pakistan.
The signing ceremony was attended by Bilal Azhar Kiyani, Minister of State for Finance and Railways of Pakistan, and His Excellency Shafqat Ali Khan, Ambassador of Pakistan to the UAE, in addition to senior diplomats, enterprise leaders, VEON Founder and Chairman Augie Fabela, VEON Group CEO Kaan Terzioglu, and JazzWorld CEO and VEON Group Govt Committee member Aamir Ibrahim, amongst others.
Zaheer Mehdi, JazzWorld’s Chief Company and Regulatory Affairs Officer, and Muhammad Azfar Ahsan, Founder and Chairman of Nutshell Group, have signed the MoU in a ceremony attended by Minister Bilal Azhar Kiyani, H.E. Ambassador Shafqat Ali Khan, VEON Founder and Chairman Augie Fabela, VEON Group CEO Kaan Terzioglu, JazzWorld CEO and VEON GEC member Aamir Ibrahim.
Mr. Bilal Azhar Kayani, Minister of State for Finance and Railways highlighted that Pakistan has achieved macroeconomic stability backed by the federal government’s initiatives to enhance confidence and the enterprise ecosystem for attracting international funding within the nation. The Minister of State appreciated the initiatives of VEON, JazzWorld and Nutshell Group of Pakistan, expressing that such partnerships round digitalization and cross-border funding would set an instance for different international traders to put money into Pakistan.
Kaan Terzioglu, VEON Group CEO, famous that the area is on the cusp of a historic paradigm shift. “We’re at a degree in historical past: Powered by AI, which we name augmented intelligence, human-centered innovation can essentially change the best way we obtain progress and enhance lives with providers. “With the ‘Put money into Pakistan, NOW!’ initiative, we need to spark worldwide investor curiosity and a brand new wave of public-private partnerships that may assist Pakistan seize this second. The World Governments Summit held right here in Dubai, the place VEON’s headquarters is situated, is the proper venue to start out this journey.”
Aamir Ibrahim, Govt Committee Member of VEON Group and CEO of JazzWorld, underscored the transformation in Pakistan’s macro-level fundamentals: “Pakistan as we speak is finest understood by the size and resilience of its long-term fundamentals. Traders who give attention to these fundamentals will acknowledge the progress already happening on the bottom. With national-scale digital platforms already in place, Pakistan is nicely positioned for its subsequent section of progress and it’s a highly effective alternative for regional and world traders. We stay up for making this potential extra seen to the investor neighborhood with our ‘Put money into Pakistan, NOW!’ initiative.”
VEON’s personal expertise in Pakistan underscores the size and tempo of the nation’s digital transformation. Via JazzWorld, its built-in digital providers ecosystem encompassing Jazz, JazzCash, Tamasha and different platforms, VEON has constructed Pakistan’s main digital providers firm, serving 100 million clients. JazzWorld delivers market-leading connectivity, digital monetary providers and digital leisure, whereas increasing into enterprise options, insurance coverage, digital healthcare, on-line marketplaces and adjoining digital providers. The platform can also be growing an Urdu massive language mannequin (LLM), supporting Pakistan’s ambitions in synthetic intelligence and local-language innovation.
The “Put money into Pakistan, NOW!” initiative builds on VEON’s broader dedication to rising markets and to Pakistan. JazzWorld has invested greater than USD 11 billion in Pakistan since its founding in 1994.
About VEON
VEON is a digital operator that gives connectivity and digital providers to just about 150 million connectivity clients and 140 million digital customers. Working throughout 5 international locations which might be dwelling to greater than 6% of the world’s inhabitants, VEON is remodeling lives by technology-driven providers that empower people and drive financial progress. VEON is listed on NASDAQ. For extra info, go to: https://www.veon.com.
About JazzWorld
JazzWorld is Pakistan’s main built-in digital ServiceCo, serving over 100 million customers by a portfolio spanning connectivity (Jazz), fintech (JazzCash), leisure (Tamasha), ultra-app (SIMOSA), insurtech (FikrFree), enterprise cloud options (Garaj), gaming (GameNow), health-tech (Apna Clinic), trend market (Zarr), and extra. This evolution displays Jazz’s strategic shift from connectivity to functionality, enabling platforms that guarantee a greater life for all by the ability of expertise. For extra info, go to: www.jazz.com.pk
Ahead-Trying Statements Disclaimer
This launch accommodates “forward-looking statements”, throughout the that means of the Part 27A of the U.S. Securities Act of 1933, as amended, and Part 21E of the U.S. Securities Trade Act of 1934, as amended. Such forward-looking statements embody, however should not restricted to, statements referring to VEON’s and its subsidiaries’ strategic ambitions and partnerships. There are quite a few dangers, uncertainties that might trigger precise outcomes and efficiency to vary materially from these expressed by such statements, together with dangers referring to VEON’s and its subsidiaries’ strategic ambitions and partnerships, amongst others mentioned within the part entitled “Danger Elements” in VEON’s 2024 Kind 20-F filed with the SEC on April 25, 2025 and different public filings made by VEON with the SEC. The forward-looking statements contained herein communicate solely as of the date of this launch and VEON disclaims any obligation to replace them, besides as required by regulation.
Contact Info
VEON
Hande Asik
Chief Communications and Technique Officer
pr@veon.com
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