VEON and JazzWorld Launch Pakistan Investment Initiative Backed by $11B Track Record
VEON and JazzWorld introduced “Invest in Pakistan, NOW!” at the World Governments Summit in Dubai, signing a MoU with Nutshell Group to promote digitalization and cross-border investment. JazzWorld, with over USD 11 billion invested since 1994 and 100 million users, cited Pakistan’s stronger macroeconomic fundamentals and development of an Urdu AI model.
1. Initiative Launch at Dubai Summit
On 8 February 2026 at the World Governments Summit in Dubai, VEON and JazzWorld unveiled the “Invest in Pakistan, NOW!” program, aiming to showcase Pakistan’s growth prospects to global investors. The event was attended by senior figures including VEON’s Founder Augie Fabela, Group CEO Kaan Terzioglu, JazzWorld CEO Aamir Ibrahim, Pakistan’s Finance Minister Bilal Azhar Kiyani and Ambassador Shafqat Ali Khan.
2. Strategic MoU and Partnership Goals
As part of the launch, JazzWorld and the Nutshell Group of Pakistan signed a Memorandum of Understanding to advance dialogue on digitalization, inclusive growth and cross-border investment. The partnership seeks to catalyze public-private collaborations and attract new capital through joint initiatives in fintech, healthcare, insurance and enterprise solutions.
3. JazzWorld’s Investment Footprint and Innovations
JazzWorld has committed more than USD 11 billion in Pakistan since 1994 and serves 100 million customers across connectivity, digital financial services and entertainment platforms. The company is expanding into insurtech, digital healthcare, online marketplaces and is developing an Urdu large language model to support Pakistan’s AI ambitions.