Ramez Al-Khayyat Explained

Ramez Al-Khayyat
Birth Date:20 July 1984
Education:University of the West of Scotland
Occupation:President and GCEO Power International Holding

Ramez Al-Khayyat is a Qatari businessman based in Doha. He is the President and GCEO of Power International Holding, a Qatari-based conglomerate which operates across general contracting, real estate, food and agriculture, hospitality, and services.[1] [2]

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.[3] [4]

In 2011, Al-Khayyat co-founded UrbaCon Trading & Contracting with his brother Moutaz Al-Khayyat, a large construction company in Qatar.[5] [6] It has undertaken several large development projects including the Banana Island resort, the Mall of Qatar and Lekhwiya Sports Complex, which will be used as part of the 2022 Football World Cup.[7] [8] Al-Khayyat serves as its Managing Director.[9]

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.[10] [11] Baladna rose to prominence during the Qatar diplomatic crisis when the company airlifted cows from other countries into Qatar to bypass the Saudi blockade.[12] In 2021, Al-Khayyat announced that the company was exporting to 11 countries and expanding its range of cheeses, juices and milk products.[13]

In 2016, Al-Khayyat received the Retail Leadership Award for the Mall of Qatar development at the Asia Retail Congress Awards.[14]    

In April 2022, Al-Khayyat was appointed Vice Chairman of Estithmar Holding QPSC, a public company on the Qatar Stock Exchange.[15] He is the Managing Director of Aura Group, a company that operates in the food and beverage sector in Qatar, and Assets, a Qatar-based real estate company.[16] [17]

In September 2022, Power International Holding was listed by Forbes in the Middle East's Top 100 Arab Family Businesses, ranking thirteenth.[18]

References

  1. Web site: Ramez Al Khayyat. 2021-11-24. Power International Holding. en-US.
  2. Web site: A diversified business conglomerate. 2021-11-24. Power International Holding. en-US.
  3. Web site: UCC (Urbacon Construction & Trading). 2019-12-09. www.constructionglobal.com. en.
  4. Web site: Mall of Qatar wins Retail Leadership award at Asia Retail Congress 2016 PRESS ROOM Mall of Qatar. 2021-11-24. www.mallofqatar.com.qa. en.
  5. Web site: About Urbacon Trading & Contracting. 2021-11-24. urbacon-intl.com.
  6. Web site: Kovessy. Peter. 17 February 2016. Qatar's UrbaCon considering US$1 billion IPO. Doha News.
  7. Web site: International contractors welcome, says UrbaCon. 2019-12-09. ArabianIndustry.com. en.
  8. Web site: Infrastructure & Heavy Construction. 2021-11-24. uccholding.com.
  9. Web site: UCC Holding - The Team. 2021-11-24. uccholding.com.
  10. Web site: 2019-11-06. Baladna forecasts expansion, revenue growth by 2019-end. 2019-12-09. Gulf-Times. ar.
  11. Web site: 2019-08-21. Your Food, Made in Qatar. 2019-12-09. Marhaba l Qatar's Premier Information Guide. en-GB.
  12. News: Cash and cows: How Qatar is bucking Gulf boycott. Knell. Yolande. 2018-06-05. 2019-12-09. en-GB.
  13. Web site: 5 May 2021. Baladna's Al-Khayyat on expansion, integration. 12 July 2021. Bloomberg.
  14. Web site: Mall of Qatar wins Retail Leadership award at Asia Retail Congress 2016 PRESS ROOM Mall of Qatar. www.mallofqatar.com.qa. en. 2019-12-09.
  15. Web site: Display News Details . 2022-05-27 . www.qe.com.qa . en-US.
  16. Web site: Message From the Board - Aura Group . 2022-05-27 . auragroup-intl.com.
  17. Web site: 2021-11-25 . About us - Assets Real Estate Development . 2022-05-27 . en-US.
  18. Web site: Mughal . Waqar . Power International Holding (PIH) - The Top 100 Arab Family Businesses . 2022-10-20 . Forbes Lists . en-US.

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