Ramez Al-Khayyat

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Ramez Al-Khayyat
Born (1984-07-20) 20 July 1984 (age 37)
EducationUniversity of the West of Scotland
OccupationCEO of Power International Holding
Websitepowerholding-intl.com

Ramez Al-Khayyat is a Qatari businessman. He is the Vice Chairman and Group CEO 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.[6][7][8] Al-Khayyat serves as its Managing Director.[9]

Al-Khayyat sits on the board 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 2019, Al-Khayyat and his brother were sued in the British High Court for allegedly providing funds to the Al-Nusra Front in Syria in violation of anti-terrorism laws.[15] Al-Khayyat denied these claims as "totally false" in a statement in November 2020.[16][17]

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. ^ "UCC (Urbacon Construction & Trading)". www.constructionglobal.com. Retrieved 2019-12-09.
  4. ^ "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.
  5. ^ "About Urbacon Trading & Contracting". urbacon-intl.com. Retrieved 2021-11-24.
  6. ^ a b Kovessy, Peter (17 February 2016). "Qatar's UrbaCon considering US$1 billion IPO". Doha News.
  7. ^ "International contractors welcome, says UrbaCon". ArabianIndustry.com. Retrieved 2019-12-09.
  8. ^ "Infrastructure & Heavy Construction". uccholding.com. Retrieved 2021-11-24.
  9. ^ "UCC Holding - The Team". uccholding.com. Retrieved 2021-11-24.
  10. ^ "Baladna forecasts expansion, revenue growth by 2019-end". Gulf-Times (in Arabic). 2019-11-06. Retrieved 2019-12-09.
  11. ^ "Your Food, Made in Qatar". Marhaba l Qatar's Premier Information Guide. 2019-08-21. Retrieved 2019-12-09.
  12. ^ Knell, Yolande (2018-06-05). "Cash and cows: How Qatar is bucking Gulf boycott". Retrieved 2019-12-09.
  13. ^ "Baladna's Al-Khayyat on expansion, integration". Bloomberg. 5 May 2021. Retrieved 12 July 2021.
  14. ^ "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.
  15. ^ Norfolk, Andrew. "Qatari bank accused of funding jihadis". ISSN 0140-0460. Retrieved 2020-05-10.
  16. ^ ""Syrian refugees intimidated out of compensation claim court hears"". Evening Express. Retrieved 2021-01-26.
  17. ^ "Qatari tycoon brothers and Doha Bank sued for funding Syrian militants". Arab News. 2019-08-07. Retrieved 2021-11-24.

External links[]

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