Moutaz Al-Khayyat

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Moutaz Al-Khayyat
Born (1983-01-01) 1 January 1983 (age 42)
Education University of Damascus
Occupation(s)Chairman of Power International Holding, Baladna (company), UCC Holding & Estithmar Holding
Website powerholding-intl.com

Moutaz Al-Khayyat (born 31 December 1983) is a Qatari businessman based in Doha, Qatar. He is the chairman of Power International Holding and UCC Holding, a company involved in global building and contracting. [1] [2] He is a founder partner and chairman of Baladna Food Industries and chairman of Estithmar Holding. [3] [4]

Contents

Early life

Al-Khayyat was educated at the University of the West of Scotland. Al-Khayyat’s father was Mohamad Raslan Al Khayyat, who founded Al Khayyat Contracting and Trading in 1983, which undertook several large construction projects in the Middle East. [5] [6]

Career

In 2011, Al-Khayyat and his brother Ramez Al-Khayyat founded UCC Holding in Qatar from Al Khayyat Contracting and Trading. [6]

In March 2014, Al-Khayyat co-founded Baladna Food Industries. [3] [7] In November 2019, Baladna launched its initial public offering on the Qatar Stock Exchange which received substantial interest. [8] [9] Al Khayyat rose to prominence during the Qatar Diplomatic Crisis between 2017 and 2021 as the 'man who airlifted 4,000 dairy cows' into the country to bypass the blockade into the country by Saudi Arabia, United Arab Emirates, Bahrain and Egypt. [10] [11]

In April 2022, Al-Khayyat was appointed chairman of Estithmar Holding QPSC, a listed company on the Qatar Stock Exchange, in April 2022. [12]

Al-Khayyat is the chairman of Aura Group, which operates in the food and beverage sector and family entertainment outlets in Qatar. [13] He is also the chairman of Assets, a real estate company in the residential, hospitality and commercial sectors. [14]

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.{{cite web}}: CS1 maint: numeric names: authors list (link)
  2. ↑ "Report: Qatar's UrbaCon considering US$1 billion IPO". Doha News. 2016-02-17. Retrieved 2019-11-25.
  3. 1 2 "Qatar will have enough milk by Ramadan: Baladna". www.aljazeera.com. Retrieved 2019-11-25.
  4. ↑ "Estithmar Holding QPSC - Stock Exchange Profile". Qatar Stock Exchange.
  5. ↑ "UCC (Urbacon Construction & Trading)". www.constructionglobal.com. Retrieved 2019-11-25.
  6. 1 2 Dixon, Lucy (2020-05-16). "Constructing Qatar". constructiondigital.com. Retrieved 2024-11-15.
  7. ↑ Knecht, Eric (17 October 2019). "Qatar's dairy company Baladna to raise around $392 million in IPO". Reuters.
  8. ↑ "Baladna IPO oversubscribed on high demand from investors". Gulf-Times (in Arabic). 2019-11-13. Retrieved 2019-11-25.
  9. ↑ "Bovine heroes: The quest for food security in Qatar". Qatar-Tribune. Retrieved 2021-07-12.
  10. ↑ "4,000 cows are being airlifted into Qatar". The Independent. 2017-06-13. Retrieved 2019-11-25.
  11. ↑ 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.
  12. ↑ "Investment Holding Group: Board of directors meeting results". Qatar Stock Exchange. April 2022.
  13. ↑ "Message From the Board - Aura Group". auragroup-intl.com. Retrieved 2022-05-18.
  14. ↑ Qatar, Assets Real Estate Development In. "Assets Real Estate Development" . Retrieved 2022-05-18.
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