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Power International Holding is a Qatari-based conglomerate founded by Moutaz Al-Khayyat and Ramez Al-Khayyat.
The group’s portfolio sits across five main sectors: General Contracting, Real Estate Development, Agriculture & Food Industries, Lifestyle, Entertainment and Hospitality, and Services. The group of companies employs over 65,000 staff.
Through its construction subsidiaries, Power International Holding has completed projects including the Mall of Qatar, Banana Island, Lekhwiya Stadium and the Doha Sheraton Hotel and Convention Centre in Qatar. International projects include the luxury Waldorf Astoria hotel in the Maldives.
Power International Holding’s real estate subsidiary ASSETS announced in February 2020 the completion of the 23-storey residential Baywalk Tower in The Pearl-Qatar.
Power International Holding is parent company to Baladna Food Industries, founded in 2014. The company and its founders rose to prominence in 2017 during the Qatar blockades, air lifting in 4,000 Holstein cows and making the state self-sufficient in dairy production. The company constructed special cowsheds with temperature control systems, to create a suitable environment for the cattle despite Qatar’s arid climate.
By June 2019, Baladna stated it was supplying more than half of Qatar’s fresh milk supply and had begun to export to other nations. The company is listed on the Qatar Stock Exchange.
