Ramez Al-Khayyat

Last updated
Ramez Al-Khayyat
Born (1984-07-20) 20 July 1984 (age 39)
Education University of the West of Scotland
OccupationCEO of Power International Holding
Website powerholding-intl.com

Ramez Al-Khayyat is a Syrian businessman based in Doha. 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]

Contents

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 is the Managing Director 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 April 2022, Al-Khayyat was appointed Vice Chairman of Estithmar Holding QPSC, a public company on the Qatar Stock Exchange. [15] He is the Managing Director of Aura Group, a company that operates in the food and beverage sector in Qatar, and Assets, a Qatar-based real estate company. [16] [17]

In September 2022, Power International Holding was listed by Forbes in the Middle East's Top 100 Arab Family Businesses, ranking thirteenth. [18]

Related Research Articles

Foreign relations of Qatar is conducted through its Ministry of Foreign Affairs. Arab states were among the first to recognize Qatar, and the country gained admittance to the United Nations and the Arab League after achieving independence in 1971. The country was an early member of OPEC and a founding member of the Gulf Cooperation Council (GCC). Diplomatic missions to Qatar are based in its capital, Doha.

SPAR, originally DESPAR, styled as DE SPAR, is a Dutch multinational franchise that provides branding, supplies and support services for independently owned and operated food retail stores. It was founded in the Netherlands in 1932, by Adriaan van Well, and as of 2021 consists of 13,623 stores in 48 countries.

Matalan is a British fashion and homeware retailer based in Knowsley, Merseyside. It was established by John Hargreaves in 1985, and is still owned by the Hargreaves family. As of 2020, the company employed over 13,000, and had 230 stores in the United Kingdom, together with franchise stores in the Middle East.

<span class="mw-page-title-main">Museum of Islamic Art, Doha</span> Museum in Doha, Ad-Dawhah, Qatar

The Museum of Islamic Art (MIA) is a museum on one end of the seven-kilometer-long (4.3 mi) Corniche in Doha, Qatar. As per the architect I. M. Pei's specifications, the museum is built on an island off an artificial projecting peninsula near the traditional dhow harbor. A purpose-built park surrounds the edifice on the eastern and southern facades while two bridges connect the southern front facade of the property with the main peninsula that holds the park. The western and northern facades are marked by the harbor showcasing the Qatari seafaring past. In September 2017, Qatar Museums appointed Julia Gonnella as new director of MIA.

<span class="mw-page-title-main">Emblem of Qatar</span> National coat of arms of Qatar

The national emblem of Qatar is one of the official symbols of the state of Qatar. The emblem was initially adopted six years after the termination of the British protectorate, with the gained independence as a country under Sheikh Ahmad bin Ali Al Thani, and was designed under the reign the Emir of Qatar Khalifa bin Hamad Al Thani in 1976.

<span class="mw-page-title-main">Qatar</span> Country in West Asia

Qatar, officially the State of Qatar, is a country in West Asia. It occupies the Qatar Peninsula on the northeastern coast of the Arabian Peninsula in the Middle East; it shares its sole land border with Saudi Arabia to the south, with the rest of its territory surrounded by the Persian Gulf. The Gulf of Bahrain, an inlet of the Persian Gulf, separates Qatar from nearby Bahrain. The capital is Doha, home to over 80% of the country's inhabitants, and the land area is mostly made up of flat, low-lying desert.

Majid Al Futtaim Holding is an Emirati holding company based in Dubai. The family-owned conglomerate owns and operates shopping malls, retail, and hotel establishments in the Middle East and North Africa.

<span class="mw-page-title-main">LuLu Group International</span> Emirati multinational conglomerate

LuLu Group International is an Emirati-based multinational conglomerate company that operates a chain of hypermarkets and retail companies, headquartered in Abu Dhabi, United Arab Emirates. It was founded in 2000 by M. A. Yusuff Ali from Nattika in Kerala, India. The Group mainly operates "Lulu Hypermarket", a chain of hypermarkets that ranks among the top grocers in many of the markets it operates in. LuLu has over 65,000 employees of various nationalities.

<span class="mw-page-title-main">M. A. Yusuff Ali</span> Indian businessman (born 1955)

Yusuff Ali Musaliam Veettil Abdul Kader, popularly known as M. A. Yusuff Ali, is Indian businessman and billionaire. He is the Chairman and Managing Director of LuLu Group International, which owns the LuLu Hypermarket chain worldwide and LuLu International Shopping Mall. With an annual turnover of US$8.4 billion, LuLu Group International employs the largest number of Indians outside India. According to Forbes Middle East, Yusuff Ali was ranked No. 1 in Top 100 Indian business owners in the Arab World 2018. As per Forbes billionaires list published on October 2023, he was ranked 27th richest Indian with net worth of US$6.9 billion.

<span class="mw-page-title-main">Al-Duhail SC</span> Association football club in Qatar

Al-Duhail Sports Club, formerly Lekhwiya SC, is a Qatari sports club, best known for its football team, which plays in the Qatar Stars League. The club is based in the Duhail district in the city of Doha and plays its home games at Abdullah bin Khalifa Stadium. It is the first team in Qatari football to win the first division title on its debut season.

<span class="mw-page-title-main">Qatar Museums</span> Qatar government entity

Qatar Museums is a Qatari government entity that oversees the Museum of Islamic Art (MIA), Mathaf: Arab Museum of Modern Art, MIA Park, QM Gallery at the Katara Cultural Village, ALRIWAQ DOHA Exhibition Space, the Al Zubarah World Heritage Site Visitor Centre, and archaeological projects throughout Qatar, as well as the development of future projects and museums that will highlight its collections across multiple areas of activity including Orientalist art, photography, sports, children's education, and wildlife conservation.

<span class="mw-page-title-main">Mall of Qatar</span> Shopping mall in Al Rayyan, Qatar

The Mall of Qatar is a shopping mall that opened in December 2016 in the Rawdat Al Jahhaniya district of Al Rayyan, Qatar.

Business Trading Company (BTC) is a Qatari trading company that is mainly composed of project developers, focusing its efforts in for retail complexes with a focus on luxury shopping, dining, and entertainment.

Abdulaziz bin Mohammed Al Rabban is a prominent Qatari businessman whose operations are based in Doha.

<span class="mw-page-title-main">Al Janoub Stadium</span> Stadium in Al Wakrah, Qatar

Al-Janoub Stadium, formerly known as Al-Wakrah Stadium, is a retractable roof football stadium in Al-Wakrah, Qatar that was inaugurated on 16 May 2019. This was the second among the eight stadiums for the 2022 FIFA World Cup in Qatar, after the renovation of Khalifa International Stadium. It was designed by Iraqi-British architect Zaha Hadid (1950–2016) together with the firms AECOM and Jain and Partners of Dubai.

<span class="mw-page-title-main">Al Thumama Stadium</span> Football stadium in Qatar

Al-Thumama Stadium is a football stadium in Al Thumama district in Doha, Qatar, located approximately 13 km south of the city center. It hosted the 2022 FIFA World Cup held in the country.

<span class="mw-page-title-main">Baladna (company)</span>

Baladna is a Qatari agricultural company that raises livestock and produces dairy products. It is Qatar's largest locally-owned food and dairy producer, supplying over 95% of the country's fresh dairy products.

United Development Company Q.P.S.C. (UDC) is a Qatari public shareholding company. It is Qatar's leading construction firm, engaged in several industry sectors and operating subsidiaries in the segments of real estate development & construction, hydrocarbon & energy, hospitality & leisure, and infrastructure & utilities.

Moutaz Al-Khayyat is a Syrian businessman based in Doha, Qatar. He is the Chairman of Power International Holding and UrbaCon Trading & Contracting (UCC), one of the largest global building and contracting companies. He is a Founder Partner and Chairman of Baladna Food Industries and Chairman of Estithmar Holding.

<span class="mw-page-title-main">Power International Holding</span>

Power International Holding is a Qatari-based conglomerate founded by Moutaz Al-Khayyat and Ramez Al-Khayyat.

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. 1 2 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. ↑ "Display News Details". www.qe.com.qa. Retrieved 2022-05-27.
  16. ↑ "Message From the Board - Aura Group". auragroup-intl.com. Retrieved 2022-05-27.
  17. ↑ "About us - Assets Real Estate Development". 2021-11-25. Retrieved 2022-05-27.
  18. ↑ Mughal, Waqar. "Power International Holding (PIH) - The Top 100 Arab Family Businesses". Forbes Lists. Retrieved 2022-10-20.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.