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Ramez Al-Khayyat

President & Group CEO

About

Ramez Al-Khayyat has built his career around creating businesses that respond to real human and economic needs, from infrastructure and food security to healthcare, hospitality, and long-term investment. Driven by a belief that sustainable growth should create opportunities beyond balance sheets, he has focused on building platforms that expand industries, unlock new market opportunities, and drive long-term economic growth. His leadership is defined by a hands-on approach to execution and the ability to transform ambitious ideas into scalable businesses with lasting commercial impact.

 

As President and Group CEO of Power International Holding (PIH), Ramez leads the group’s strategic and operational direction across a diversified international portfolio. Under his leadership, PIH has grown from its origins in construction into a global enterprise operating across energy concessions, infrastructure, agriculture, real estate, hospitality, healthcare, telecommunications, and other strategic sectors.

 

Ramez earned his degree in Business from the University of the West of Scotland, gaining a strong foundation in international trade, strategy, and business leadership. In 2011, he played a central role in the establishment and growth of PIH and its affiliated companies, helping lay the foundation for what would become one of the region’s most diversified business groups with a growing international presence.

 

A defining element of Ramez’s leadership has been the development of demand-driven investments across PIH’s business verticals, anticipating market needs and identifying opportunities for long-term growth. His proactive approach and strategic acumen have helped transform PIH from its initial contracting roots into a diversified international conglomerate built on operational scale, commercial growth, and disciplined execution.

 

Ramez played a key role in pioneering the successful IPO of Baladna Food Industries, helping advance Qatar’s national food security ambitions and broader 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 in alignment with the objectives of Qatar National Vision 2030.

 

Today, PIH continues to expand its international footprint through investments and large-scale projects that support economic development and sustainable growth across key global markets.

 

In 2025, PIH was ranked 10th in Forbes’ Top 100 Arab Family Businesses, reflecting the group’s operational scale, commercial growth, and expanding international presence.

Leadership Across PIH Subsidiaries

UCC Holding

Vice Chairman/ President and Group CEO

 

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

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 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

President

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

Vice Chairman and President

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

Vice Chairman and 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 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

Vice Chairman and President

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

Vice Chairman and President

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.