Ramez Al-Khayyat
Qatari businessman
From Wikipedia, the free encyclopedia
Ramez Al-Khayyat is a Syrian-Qatari billionaire entrepreneur based in Doha, Qatar.[1] 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.[2][3]
Ramez Al-Khayyat | |
|---|---|
| Born | 20 July 1984 |
| Education | University of the West of Scotland |
| Occupation | Entrepreneur |
| Website | ramezalkhayyat |
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.[4]
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.[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]