Ramez Al-Khayyat
"To add value to the society for a better lifestyle."
About Ramez Al-Khayyat
Ramez Al Khayyat is a Qatari entrepreneur and business leader based in Doha. As President and Group CEO of Power International Holding (PIH) and its subsidiaries, he drives the group’s expansion by aligning strategic planning with operational excellence and execution.
After earning his degree in Global Business from the University of the West of Scotland, Ramez co-founded PIH alongside his brothers, Moutaz and Mohammad Al-Khayyat, beginning with the launch of UCC in 2011.
His proactive approach and strategic acumen have transformed PIH from its initial contracting roots into a robust, diversified international conglomerate. Today, PIH successfully operates across sectors such as energy concessions, construction, agriculture, real estate, hospitality, healthcare, and telecommunications.
A cornerstone of Ramez’s strategic vision has been the creation of demand-based investments across PIH’s various business verticals, anticipating market needs and unlocking value through calculated risk-taking and structured growth.
Notably, Ramez played a key role alongside his brothers in pioneering the successful IPO of Baladna Food Industries, which significantly advanced Qatar’s national food security objectives.
Additionally, he was instrumental in executing the groundbreaking reverse acquisition of Elegancia Group by Investment Holding Group (IHG), a strategic merger endorsed by shareholders, resulting in one of Qatar’s largest conglomerates listed on the Qatar Stock Exchange. This transaction aligns perfectly with Qatar’s economic diversification strategy and the objectives outlined in National Vision 2030.
Reflecting PIH’s commitment to excellence and strategic growth, the group was ranked 13th in Forbes’ Top 100 Arab Family Businesses in 2022.
Ramez Al Khayyat Leadership Roles within PIH Subsidiaries:
UCC Holding (President):
A leading privately-owned entity specializing in energy concessions and construction. UCC Holding ranks 42nd globally among international contractors, 10th in the power sector, and 112th in buildings according to ENR-USA. It has successfully executed 15 major multi-billion-dollar projects in the oil, gas, and energy sectors, delivered 1,200 infrastructure and general contracting projects worldwide, and maintains operations across 19 countries.
Estithmar Holding (Vice Chairman and President):
A publicly listed company on the Qatar Stock Exchange, Estithmar Holding operates across healthcare, services, real estate, and specialized contracting sectors. Its diverse portfolio includes 66 companies, 8 internationally affiliated hospitals, extensive facilities management and catering operations, 150,000 sqm of factory space, 6 major tourism projects,
Baladna (Managing Director):
Baladna, listed on the Qatar Stock Exchange, is Qatar’s leading agricultural food industries and dairy manufacturer, pivotal to the nation’s food security strategy. It commands a 70% market share in the juice segment and manages a herd of 25,000 cows producing 270 different products. Internationally, Baladna holds a significant 20% stake in Egypt’s Juhayna Food Industries. The subsidiary Baladna Algeria is undertaking an extensive agricultural project spanning 117,000 hectares, managing 270,000 cows, and producing 1.7 billion liters of milk annually.
Assets Group (President):
A privately-owned company excelling in real estate development and hospitality, Assets Group manages 56 properties globally, encompassing over 5,000 hotel and resort rooms. It further extends its portfolio to include prominent malls and diverse retail businesses.
TMT Group (President)
TMT is a premier telecommunications group in Kazakhstan, operating advanced 4G and 5G networks through its leading brands Tele2 and ALTEL. With a robust infrastructure comprising over 1,000 5G base stations, TMT delivers 90% nationwide 4G coverage, serving over 10 million subscribers and securing a substantial 34% market share. Tele2 notably received the prestigious Ookla Speedtest Award in 2022 for the fastest network in Kazakhstan.
Aura Group (President)
Aura Group, a privately-held company, is recognized for its robust presence in the lifestyle hospitality & entertainment sector, home to 32 brands, operating 52 high-end restaurants and 5 major entertainment theme parks, renowned for their innovative concepts and superior service quality.
Ramez Al-Khayyat’s leadership style combines visionary strategic planning with meticulous operational oversight. He diligently manages the group’s financial health, profitability, and operational excellence, ensuring sustainable growth and enhanced stakeholder value. Under his guidance, a culture of innovation and agility thrives across PIH’s extensive global operations.
Giving Back
Ramez Al-Khayyat is deeply committed to philanthropy, supporting a wide range of charitable initiatives across the Middle East and globally, with a particular emphasis on youth development and empowerment. His philanthropic efforts are primarily channeled through The Ramez Al-Khayyat Foundation (RAKF), a UK-registered organization that funds impactful projects and collaborates with reputable grant-making foundations. Through RAKF, he supports educational and youth-focused programs in Qatar and beyond.
In addition to his foundation’s work, Ramez Al-Khayyat fosters positive social initiatives through his group of companies. One notable example is Baladna Park’s hosting of the World Cancer Day 2019 event in collaboration with the Qatar Cancer Society—an effort to raise awareness and prioritize the fight against cancer. Reflecting on the event, Ramez stated: “As one of the founders of Baladna Food Industries, we are always committed to providing safe and healthy food for a better life.”
Education remains a central cause for the Al-Khayyat family. Baladna was proud to sponsor Qatar’s Education Conference 2019, held at the Qatar National Centre, reinforcing their belief in accessible education for all. The company also consistently supports sports as a vehicle for promoting health and community engagement. From 2013 to 2016, UCC sponsored the Al Rayyan football team, followed by a two-year sponsorship of Al Sailiya from 2017 to 2019. Internationally, UCC backed Spain’s Albacete Balompié team during 2018–2019. Most recently, Baladna became the main sponsor of Al Rayyan, signing a new two-year contract. These sponsorships reflect a broader commitment to corporate social responsibility and support for the sports industry in Qatar.
Beyond sponsorships and education, Power International Holding’s companies actively participate in community health initiatives, including regular blood donation drives. In recognition of these ongoing efforts, Baladna was awarded the Social Responsibility Award in 2017 at the Conference on Social Responsibility and Awards in Doha. The honor acknowledged the company’s outstanding role in promoting sustainable development and contributing to the well-being of society in Qatar.
