Ramez Al-Khayyat

Ramez Al-Khayyat
Born (1984-07-20) 20 July 1984
EducationUniversity of the West of Scotland
OccupationEntrepreneur
Websiteramezalkhayyat.com

Ramez Al-Khayyat is a Qatari entrepreneur based in Doha, Qatar. He is the President and GCEO of Power International Holding, a Qatari-based conglomerate that operates across energy, construction, telecommunications, agriculture and food industries, real estate, and entertainment.[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 and his brother Moutaz Al-Khayyat co-founded Power International Holding (PIH).[6] He also co-founded UCC Holding with his brother Moutaz Al-Khayyat, a large construction company in Qatar.[7][8] It has undertaken several large development projects including the Banana Island resort, the Mall of Qatar, the Waldorf Astoria Maldives Ithaafushi,[9] and Lekhwiya Sports Complex, which was developed as part of the 2022 Football World Cup.[8][10][11] Al-Khayyat serves as its president and Group CEO.[12][13]

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.[14][15] Baladna rose to prominence when the company airlifted cows from other countries into Qatar.[16] In 2021, the company was exporting to 11 countries and expanding its range of cheeses, juices and milk products.[17]

In 2016, Al-Khayyat received the Retail Leadership Award for the Mall of Qatar development at the Asia Retail Congress Awards.[18]

In April 2022, Al-Khayyat was appointed Vice Chairman of Estithmar Holding QPSC, a listed company on the Qatar Stock Exchange.[19] He led the reverse acquisition of Elegancia Group by Investment Holding Group (IHG),[20] resulting in the combined entity's listing on the Qatar Stock Exchange.[21]

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.[22][23]

In September 2022, Power International Holding was listed by Forbes in the Middle East's Top 100 Arab Family Businesses, ranking 13th.[24]

Al-Khayyat oversees various Power International Holding (PIH) subsidiaries.[25][26] As of 2025, he is the President of UCC Holding, Estithmar Holding, Assets Group, TMT Group, and Aura Group.[27] He is also the Managing Director of Baladna, a dairy company.[28]

References

  1. ^ "Ramez Al Khayyat". Power International Holding. Retrieved 2021-11-24.
  2. ^ "A diversified business conglomerate". Power International Holding. Retrieved 2021-11-24.
  3. ^ "Ramez Al Khayyat: Visionary Leader Driving Sustainable Growth Across Diverse Sectors". The Inspired. 2025-06-04. Retrieved 2026-02-11.
  4. ^ "UCC (Urbacon Construction & Trading)". www.constructionglobal.com. Retrieved 2019-12-09.
  5. ^ "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.
  6. ^ "Preparing for Success". International Finance. 2021-04-01. Retrieved 2026-03-20.
  7. ^ "About Urbacon Trading & Contracting". urbacon-intl.com. Retrieved 2021-11-24.
  8. ^ a b Kovessy, Peter (17 February 2016). "Qatar's UrbaCon considering US$1 billion IPO". Doha News.
  9. ^ "Qatari giants land in Albania, will build the luxury resort of Zvërnec". Politiko. 2025-09-30. Retrieved 2026-03-20.
  10. ^ "International contractors welcome, says UrbaCon". ArabianIndustry.com. Retrieved 2019-12-09.
  11. ^ "Infrastructure & Heavy Construction". uccholding.com. Retrieved 2021-11-24.
  12. ^ "UCC Holding - The Team". uccholding.com. Retrieved 2021-11-24.
  13. ^ "All winners and highly commended from the Construction Week Middle East Awards 2025", Construction Week Online, 2025-11-21, retrieved 2026-03-20
  14. ^ "Baladna forecasts expansion, revenue growth by 2019-end". Gulf-Times (in Arabic). 2019-11-06. Retrieved 2019-12-09.
  15. ^ "Your Food, Made in Qatar". Marhaba l Qatar's Premier Information Guide. 2019-08-21. Retrieved 2019-12-09.
  16. ^ Knell, Yolande (2018-06-05). "Cash and cows: How Qatar is bucking Gulf boycott". Retrieved 2019-12-09.
  17. ^ "Baladna's Al-Khayyat on expansion, integration". Bloomberg. 5 May 2021. Retrieved 12 July 2021.
  18. ^ "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.
  19. ^ "Display News Details". www.qe.com.qa. Retrieved 2022-05-27.
  20. ^ "Estithmar Holding (IGRD)". www.qnb.com. Retrieved 2026-02-11.
  21. ^ The Peninsula Newspaper (2022-04-12). "Investment Holding Group acquires Elegancia Group". The Peninsula Qatar. Retrieved 2026-02-11.
  22. ^ "Message From the Board - Aura Group". auragroup-intl.com. Retrieved 2022-05-27.
  23. ^ "About us - Assets Real Estate Development". 2021-11-25. Retrieved 2022-05-27.
  24. ^ Mughal, Waqar. "Power International Holding (PIH) - The Top 100 Arab Family Businesses". Forbes Lists. Retrieved 2022-10-20.
  25. ^ "Power International Holding (PIH)". Forbes Lists. 2025-05-26. Retrieved 2026-03-20.
  26. ^ "Mr. Ramez Al-Khayyat". Forbes Middle East Events -. 2025-03-10. Retrieved 2026-03-20.
  27. ^ "Leaders 40 Under 40: Spotlight on Ramez Al Khayyat – Visionary Entrepreneur and Global Business Leader". The Spotlight Magazine. 2025-07-25. Retrieved 2026-03-20.
  28. ^ "Preparing for Success". International Finance. 2021-04-01. Retrieved 2026-03-20.
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