Ramez Al-Khayyat

Ramez Al-Khayyat is a Qatari businessman and the Vice Chairman and Group CEO of Power International Holding (PIH), one of the largest groups in Qatar which operates in the Holding Companies sector. The company comprises a portfolio of businesses in five key sectors in Qatar including retail and hospitality, design and construction, real estate, with companies such as UrbaCon Trading & Contracting, ASSETS, Baladna and Aura Entertainment.[1][2]   

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

In 2016, Al-Khayyat received the Retail Leadership Award for the success of the Mall of Qatar Project at the Asia Retail Congress Awards 2016.[3][4]   

Ramez Al-Khayyat first started his career as a Board Member of Al-Khayyat Contracting and Trading, a family business established by his father Mohamad Raglan Al-Khayyat in 1983.[5] In 2011 Al-Khayyat and his brother Moutaz Al-Khayyat founded UrbaCon Trading & Contracting (UCC). The privately held company is run by Ramez Al-Khayyat who is a Managing Director. UCC is a major construction company in Qatar and has undertaken several large and complex projects such as the Souq Waqif Carpark, the Banana Island resort, Mall of Qatar and Lekhwiya Sports Complex.[6][7] Lekhwiya will serve as a benchmark for future 2022 World Cup facilities.[8]

In July 2019 United Development Company (UDC) awarded marine works at Gewan Island to UrbaCon Trading & Contracting Company and Promar Marine Contracting Company.[9] The Gewan Island project extends the Pearl Qatar, spanning across 400,000 sq m and will include a golf course and an air-conditioned outdoor Crystal Walkway.[10]

Al-Khayyat is also a Board Member of Baladna Food Industries, Qatar’s largest dairy and beverage producer providing 95% of the country's dairy consumption.[11][12] Baladna rose to its prominence during the Qatar Diplomatic Crisis when the company airlifted cows from different parts of the world into the country to bypass the Saudi blockade.[13]

In 2019, Al-Khayyat and his brother Moutaz were sued in British court for allegedly providing funds to the Al-Nusra Front in Syria in violation of anti-terrorism laws.[14] The brothers denied these claims as "totally false" in a statement issued by their spokesperson in November 2020.[15]

References
  1. "Power International: Go live announcement". Tyconz. 2019-10-10.
  2. "Power Holding | The Team". powerholding-intl.com. Retrieved 2019-12-09.
  3. "Mall of Qatar rolls out red carpet for retailers ahead of launch". m.qatarprnetwork.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 2019-12-09.
  5. "UCC (Urbacon Construction & Trading)". www.constructionglobal.com. Retrieved 2019-12-09.
  6. "International contractors welcome, says UrbaCon". ArabianIndustry.com. Retrieved 2019-12-09.
  7. "Report: Qatar's UrbaCon considering US$1 billion IPO". Doha News. 2016-02-17. Retrieved 2019-12-09.
  8. "Major new sports complex in Doha". www.worldarchitecturenews.com. Retrieved 2019-12-09.
  9. "UDC awards Gewan Island marine works contract to UrbaCon, Promar". Gulf-Times (in Arabic). 2019-07-16. Retrieved 2019-12-09.
  10. "UDC awards contracts for construction of Gewan Island entrance bridge". Gulf-Times (in Arabic). 2019-10-27. Retrieved 2019-12-09.
  11. "Baladna forecasts expansion, revenue growth by 2019-end". Gulf-Times (in Arabic). 2019-11-06. Retrieved 2019-12-09.
  12. "Your Food, Made in Qatar". Marhaba l Qatar's Premier Information Guide. 2019-08-21. Retrieved 2019-12-09.
  13. Knell, Yolande (2018-06-05). "Cash and cows: How Qatar is bucking Gulf boycott". Retrieved 2019-12-09.
  14. Norfolk, Andrew. "Qatari bank accused of funding jihadis". ISSN 0140-0460. Retrieved 2020-05-10.
  15. ""Syrian refugees intimidated out of compensation claim court hears"". Evening Express. Retrieved 2021-01-26.
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