Moutaz Al-Khayyat

Moutaz Al-Khayyat (born 16 April 1983) is a Qatari businessman based in Doha. He is the Chairman of Power International Holding and UrbaCon Trading & Contracting (UCC), one of largest global building and contracting companies.[1][2] He is a Founder Partner and Chairman of Baladna Food Industries.[3]

Moutaz Al-Khayyat
Born (1983-04-16) 16 April 1983
EducationUniversity of the West of Scotland
OccupationChairman of Power International Holding
Websitepowerholding-intl.com

Early life

Moutaz Al-Khayyat was educated at the University of the West of Scotland. Al-Khayyat’s father, Mohamad Raslan Al Khayyat, founded Al Khayyat Contracting and Trading (KCT) in 1983. Al Khayyat Contracting and Trading was one of the largest construction and trading companies in Qatar. It expanded its operations into neighbouring countries, undertaking several large and complex projects ranging from highways and bridges, to infrastructure works, factories, commercial complexes and luxury residential and hotel facilities.[4]

Career

Baladna

Al-Khayyat co-founded Baladna Food Industries in March 2014.[5] In November 2019 Baladna launched its initial public offering (IPO). The IPO was received positively and became oversubscribed.[6]

Qatar Diplomatic Crisis

Al-Khayyat rose to prominence during the Qatar Diplomatic Crisis as the “Man who airlifted 4,000 dairy cows” into the country to bypass the Saudi blockade of the country.[7][8]

UrbaCon Trading and Contracting

Al-Khayyat and his brother Ramez Al-Khayyat founded Urbacon Trading & Contracting (UCC) in Qatar, as second-generation owners. UrbaCon Trading & Contracting (UCC) is one of the GCC’s main grade one licensed building and contracting companies.[9]

Power International Holding

Al-Khayyat is the Chairman of Power International Holding. The company consists of a diverse portfolio of businesses from five main sectors: general contracting, real estate development, food industries, lifestyle and services.[10]

References
  1. EDT, Jack Moore On 7/13/17 at 12:19 PM (2017-07-13). "Cows on a plane: Qatar flies in 165 Hungarian heifers as milk demand spikes during Doha-Riyadh beef". Newsweek. Retrieved 2019-11-25.
  2. "Report: Qatar's UrbaCon considering US$1 billion IPO". Doha News. 2016-02-17. Retrieved 2019-11-25.
  3. "Qatar will have enough milk by Ramadan: Baladna". www.aljazeera.com. Retrieved 2019-11-25.
  4. "UCC (Urbacon Construction & Trading)". www.constructionglobal.com. Retrieved 2019-11-25.
  5. Africa, Food Business (2019-10-19). "Qatari dairy company Baladna Food Industries to raise US$392m in IPO". www.foodbusinessafrica.com. Retrieved 2019-11-25.
  6. "Baladna IPO oversubscribed on high demand from investors". Gulf-Times (in Arabic). 2019-11-13. Retrieved 2019-11-25.
  7. "4,000 cows are being airlifted into Qatar". The Independent. 2017-06-13. Retrieved 2019-11-25.
  8. Beaumont, Peter (2017-06-13). "Plan to airlift 4,000 cows to isolated Qatar to maintain milk supplies". The Guardian. ISSN 0261-3077. Retrieved 2019-11-25.
  9. "Urbacon Contracting & Trading - Brochure 2016". Issuu. Retrieved 2019-11-25.
  10. "2018 CFO Awards". www.acq-intl.com. Retrieved 2019-11-25.
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