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Moutaz Al Khayyat

Moutaz Al-Khayyat is a Qatari entrepreneur and business leader based in Doha. As Chairman of Power International Holding (PIH) and its subsidiaries, he is responsible for shaping the strategic vision and corporate governance that guide the organization.

Moutaz earned his degree in Business from the University of the West of Scotland, building a strong base in international business and leadership. In 2011, he joined his brothers, Ramez and Mohammad Al-Khayyat, in founding Power International Holding with the establishment of UCC—marking the starting point of a dynamic and expansive business journey.

Under his visionary leadership, the enterprise has evolved from a single contracting firm into a dynamic, diversified global conglomerate. Today, PIH actively engages in sectors such as energy concessions, construction, agriculture, real estate, hospitality, healthcare, and telecommunications. Moutaz has led transformative global investments, significantly expanding the international presence and operational scope of the companies under the PIH umbrella.

Moutaz, alongside his brothers, successfully launched the IPO of Baladna Food Industries, marking a significant milestone for Qatar’s food security and economic diversification. Furthermore, in a landmark transaction, as well as the reverse acquisition of Elegancia Group by Investment Holding Group (IHG), approved by IHG’s shareholders. This strategic move established one of Qatar’s largest conglomerates listed on the Qatar Stock Exchange, reinforcing the nation's economic resilience in alignment with Qatar’s National Vision 2030.

In 2022, PIH was ranked 13th in Forbes' Top 100 Arab Family Businesses, reflecting the group's agility, speed, and commitment to excellence.

Moutaz’s leadership emphasizes rigorous governance and strategic foresight, with specialized cluster teams, executive boards, and performance committees ensuring consistent oversight and operational excellence. Working closely with his brothers, he adopts a collaborative leadership approach, driving calculated growth and maximizing stakeholder value, thereby positioning PIH as a global benchmark for excellence and societal contribution.

Within PIH, Moutaz Al-Khayyat presides as Chairman over all affiliated companies:

Ramez Al Khayyat Leadership Roles within PIH Subsidiaries:

  • UCC Holding (Chairman): 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 (Chairman):
    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 (Chairman):
    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 (Chairman):
    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 (Chairman):
    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 (Chairman):
    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.

Moutaz’s leadership emphasizes rigorous governance and strategic foresight, with specialized cluster teams, executive boards, and performance committees ensuring consistent oversight and operational excellence. Working closely with his brother Ramez, he adopts a collaborative leadership approach, driving calculated growth and maximizing stakeholder value, thereby positioning PIH as a global benchmark for excellence and societal contribution.