Director Photo

About

Moutaz Al-Khayyat has spent his career building businesses that support long-term economic growth, strengthen national resilience, and deliver essential infrastructure across multiple sectors and markets. His approach to leadership is rooted in the belief that periods of challenge and transformation can become opportunities to build lasting institutions, strengthen economies, and create meaningful progress for future generations. Defined by a focus on scale, execution, and long-term impact, he has consistently transformed ambitious ideas into businesses and platforms that shape industries, support communities, and contribute to national development.

 

As Chairman of Power International Holding (PIH), Moutaz has played a central role in shaping the growth and evolution of the group. Through his strategic leadership, PIH has expanded into a diversified international enterprise operating across energy concessions, infrastructure, agriculture, real estate, hospitality, healthcare, telecommunications, and other strategic sectors.

 

Moutaz earned his degree in Business from the University of the West of Scotland, building an early foundation in international business and leadership. He later played a central role in the establishment and growth of PIH and its affiliated companies, helping shape the group’s long-term expansion strategy both regionally and internationally.

 

Over the years, he has overseen major investments and transformative transactions that significantly expanded the scale and international reach of the group. Among the most notable milestones was the successful IPO of Baladna Food Industries, a landmark development that strengthened Qatar’s food security and supported the country’s economic diversification goals. He also played a key role in the reverse acquisition of Elegancia Group by Investment Holding Group (IHG), contributing to the creation of one of Qatar’s largest publicly listed conglomerates on the Qatar Stock Exchange.

 

Today, PIH operates across multiple international markets through a portfolio of companies delivering large-scale projects and services that support economic development and long-term investment growth.

 

In 2025, PIH was ranked 10th in Forbes’ Top 100 Arab Family Businesses, reflecting the group’s sustained growth, operational strength, and long-term strategic vision.

 

Moutaz’s leadership approach is centered on disciplined governance, strategic foresight, and institutional execution. Through specialized leadership structures, executive oversight, and long-term investment planning, he continues to position PIH as a globally competitive enterprise focused on creating lasting value and meaningful economic impact.

Leadership Across PIH Subsidiaries

UCC Holding

Chairman

A leading privately-owned entity specializing in energy concessions and construction. UCC Holding ranks 41 globally among international contractors, 10th in the power sector, and 98th in buildings according to ENR-USA. It has undertaken 15 major projects in the oil, gas, and energy sectors, delivered over 1,250 infrastructure and general contracting projects worldwide, and maintains operations across 25 countries. UCC Holding also ranks #2 on Oil & Gas Middle East’s Top 25 EPC Contractors 2025, and #1 on Construction Week’s 2025 Power 150 list of top contractors.

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 129 companies, 9 internationally affiliated hospitals, extensive facilities management, catering operations and financial investment services backed by a 28,000-strong workforce from 100 nationalities in 10 countries.

Baladna

Chairman

Baladna Q.P.S.C., listed on the Qatar Stock Exchange, is Qatar’s leading dairy and food producer and a key contributor to the country’s food security strategy. The company operates one of the largest dairy farms in the region, with more than 25,000 cows, and produces approximately 270 products across multiple categories. Baladna has also expanded internationally through strategic investments and partnerships, supporting the development of sustainable agricultural and food production ecosystems.

Assets Group

Chairman

Assets Group is a privately held real estate and hospitality company with a diversified international portfolio. The group operates 22 hotels and resorts, as well as 16 residential and commercial properties across 12 countries. Its mixed-use developments also include major shopping malls and a broad range of retail assets, strengthening its position as an active investor and developer in the global real estate and hospitality sectors.

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 7,000 5G base stations, TMT delivers over 90% nationwide 4G coverage, serving almost 11 million subscribers and securing a substantial 35% 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 70+ high-end restaurants and 8 major entertainment theme parks, renowned for their innovative concepts and superior service quality.

Bridge Holding

Chairman

To help nations rise by unlocking their full economic potential and transforming into resilient economies, through strategic, large-scale investments that navigate complex regulations, structural barriers, and capital constraints—delivering sustainable impact on people’s lives while generating superior returns for global investors.