Ramez Al-Khayyat
Ramez Al-Khayyat | |
|---|---|
| Born | 20 July 1984 |
| Education | University of the West of Scotland |
| Occupations | President and GCEO Power International Holding, UCC Holding, Estithmar Holding, Baladna Food Industries, Assets Group, TMT Group, & Aura Group |
| Website | ramezalkhayyat |
Ramez Al-Khayyat is a Qatari businessman based in Doha, Qatar. He is the President and GCEO of Power International Holding, a Qatari-based conglomerate that operates across general contracting, real estate, food and agriculture, hospitality, and services.[1][2]
Early life and education
Al-Khayyat obtained his degree in Business from the University of the West of Scotland and earned a Certificate in Steering Complex Projects from the University of Cambridge.[3]
Career
Al-Khayyat started his career as a board member of Al-Khayyat Contracting and Trading, a family business established by his father Mohamad Reslan Al-Khayyat in 1983.[4][5]
In 2011, Al-Khayyat co-founded UCC Holding with his brother Moutaz Al-Khayyat, a large construction company in Qatar.[6][7] It has undertaken several large development projects including the Banana Island resort, the Mall of Qatar and Lekhwiya Sports Complex, which was developed as part of the 2022 Football World Cup.[7][8][9] Al-Khayyat serves as its President and Group CEO.[10]
Al-Khayyat is the Managing Director of Baladna Food Industries, Qatar’s largest dairy and beverage producer which provides 95% of the country's dairy products.[11][12] Baladna rose to prominence during the Qatar diplomatic crisis when the company airlifted cows from other countries into Qatar to bypass the blockade into the country by Saudi Arabia, United Arab Emirates, Bahrain, and Egypt.[13] In 2021, the company was exporting to 11 countries and expanding its range of cheeses, juices and milk products.[14]
In 2016, Al-Khayyat received the Retail Leadership Award for the Mall of Qatar development at the Asia Retail Congress Awards.[15]
In April 2022, Al-Khayyat was appointed Vice Chairman of Estithmar Holding QPSC, a listed company on the Qatar Stock Exchange.[16] Additionally, he led the reverse acquisition of Elegancia Group by Investment Holding Group (IHG).[17] This resulted in one of Qatar's largest conglomerates listed on the Qatar Stock Exchange.[18]
He is the President of Aura Group, a company operating in the food and beverage sector in Qatar, and Assets, a Qatar-based real estate company.[19][20]
In September 2022, Power International Holding was listed by Forbes in the Middle East's Top 100 Arab Family Businesses, ranking 13th.[21]
References
- ^ "Ramez Al Khayyat". Power International Holding. Retrieved 2021-11-24.
- ^ "A diversified business conglomerate". Power International Holding. Retrieved 2021-11-24.
- ^ "Ramez Al Khayyat: Visionary Leader Driving Sustainable Growth Across Diverse Sectors". The Inspired. 2025-06-04. Retrieved 2026-02-11.
- ^ "UCC (Urbacon Construction & Trading)". www.constructionglobal.com. Retrieved 2019-12-09.
- ^ "Mall of Qatar wins Retail Leadership award at Asia Retail Congress 2016 | PRESS ROOM | Mall of Qatar". www.mallofqatar.com.qa. Retrieved 2021-11-24.
- ^ "About Urbacon Trading & Contracting". urbacon-intl.com. Retrieved 2021-11-24.
- ^ a b Kovessy, Peter (17 February 2016). "Qatar's UrbaCon considering US$1 billion IPO". Doha News.
- ^ "International contractors welcome, says UrbaCon". ArabianIndustry.com. Retrieved 2019-12-09.
- ^ "Infrastructure & Heavy Construction". uccholding.com. Retrieved 2021-11-24.
- ^ "UCC Holding - The Team". uccholding.com. Retrieved 2021-11-24.
- ^ "Baladna forecasts expansion, revenue growth by 2019-end". Gulf-Times (in Arabic). 2019-11-06. Retrieved 2019-12-09.
- ^ "Your Food, Made in Qatar". Marhaba l Qatar's Premier Information Guide. 2019-08-21. Retrieved 2019-12-09.
- ^ Knell, Yolande (2018-06-05). "Cash and cows: How Qatar is bucking Gulf boycott". Retrieved 2019-12-09.
- ^ "Baladna's Al-Khayyat on expansion, integration". Bloomberg. 5 May 2021. Retrieved 12 July 2021.
- ^ "Mall of Qatar wins Retail Leadership award at Asia Retail Congress 2016 | PRESS ROOM | Mall of Qatar". www.mallofqatar.com.qa. Retrieved 2019-12-09.
- ^ "Display News Details". www.qe.com.qa. Retrieved 2022-05-27.
- ^ "Estithmar Holding (IGRD)". www.qnb.com. Retrieved 2026-02-11.
- ^ The Peninsula Newspaper (2022-04-12). "Investment Holding Group acquires Elegancia Group". The Peninsula Qatar. Retrieved 2026-02-11.
- ^ "Message From the Board - Aura Group". auragroup-intl.com. Retrieved 2022-05-27.
- ^ "About us - Assets Real Estate Development". 2021-11-25. Retrieved 2022-05-27.
- ^ Mughal, Waqar. "Power International Holding (PIH) - The Top 100 Arab Family Businesses". Forbes Lists. Retrieved 2022-10-20.