Moutaz Al-Khayyat (born 31 December 1983) is a

Qatari 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 ...

businessman based in

Doha Doha ( ) is the capital city and main financial hub of Qatar. Located on the Persian Gulf coast in the east of the country, north of Al Wakrah and south of Al Khor (city), Al Khor and Lusail, it is home to most of the country's population. It ...

Qatar Qatar, officially the State of Qatar, is a country in West Asia. It occupies the Geography of Qatar, Qatar Peninsula on the northeastern coast of the Arabian Peninsula in the Middle East; it shares Qatar–Saudi Arabia border, its sole land b ...

. He is the chairman of Power International Holding and UCC Holding, a company involved in global building and contracting. He is a founder partner and chairman of Baladna Food Industries and chairman of Estithmar Holding.

Early life

Al-Khayyat was educated at the

University of the West of Scotland The University of the West of Scotland (), formerly the University of Paisley, is a public university with four campuses in south-western Scotland, in the towns of Paisley, Blantyre, Dumfries and Ayr, as well as a campus in London, England. T ...

. Al-Khayyat’s father was Mohamad Raslan Al Khayyat, who founded Al Khayyat Contracting and Trading in 1983, which undertook several large construction projects in the

Middle East The Middle East (term originally coined in English language) is a geopolitical region encompassing the Arabian Peninsula, the Levant, Turkey, Egypt, Iran, and Iraq. The term came into widespread usage by the United Kingdom and western Eur ...

Career

In 2011, Al-Khayyat and his brother Ramez Al-Khayyat founded UCC Holding in Qatar from Al Khayyat Contracting and Trading. In March 2014, Al-Khayyat co-founded Baladna Food Industries. In November 2019, Baladna launched its

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

on the

Qatar Stock Exchange The Qatar Stock Exchange is the principal stock market of Qatar. QSE is a full member of the World Federation of Exchanges and was recently upgraded by the MSCI and the S&P Dow Jones Indices. History Established in 1995, the Doha Securities Mar ...

which received substantial interest. Al Khayyat rose to prominence during the

Qatar Diplomatic Crisis The Qatar diplomatic crisis was a high-profile deterioration of relations between Qatar and the Arab League between 2017 and 2021. It began when Saudi Arabia, the United Arab Emirates, Bahrain, and Egypt simultaneously severed their bilateral relat ...

between 2017 and 2021 as the 'man who airlifted 4,000 dairy cows' into the country to bypass the blockade into the country by

Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries ...

United Arab Emirates The United Arab Emirates (UAE), or simply the Emirates, is a country in West Asia, in the Middle East, at the eastern end of the Arabian Peninsula. It is a Federal monarchy, federal elective monarchy made up of Emirates of the United Arab E ...

Bahrain Bahrain, officially the Kingdom of Bahrain, is an island country in West Asia. Situated on the Persian Gulf, it comprises a small archipelago of 50 natural islands and an additional 33 artificial islands, centered on Bahrain Island, which mak ...

and

Egypt Egypt ( , ), officially the Arab Republic of Egypt, is a country spanning the Northeast Africa, northeast corner of Africa and Western Asia, southwest corner of Asia via the Sinai Peninsula. It is bordered by the Mediterranean Sea to northe ...

. In April 2022, Al-Khayyat was appointed chairman of Estithmar Holding QPSC, a listed company on the

, in April 2022. Al-Khayyat is the chairman of Aura Group, which operates in the

food and beverage The foodservice (US English) or catering (British and Commonwealth English) industry includes the businesses, institutions, and companies which prepare meals outside the home. It includes restaurants, grocery stores, school and hospital cafeter ...

sector and family entertainment outlets in Qatar. He is also the chairman of Assets, a real estate company in the residential, hospitality and commercial sectors.

References

* {{DEFAULTSORT:Khayyat, Moutaz Living people 1983 births People from Doha 21st-century Qatari businesspeople Alumni of the University of the West of Scotland Qatari people of Syrian descent Syrian businesspeople