He is the Bill Gates of the Middle East and a household name among the Syrian diaspora. His philosophy is to make millions and give millions away.
Meet Mohamed Moutaz Al-Khayat, the Syrian-Qatari businessman, turning his business and philanthropic sights to the West – and the face of the new generation of contractors.
From building mega malls and five-star medical facilities, to supporting war-displaced refugees and training construction tradespeople and unskilled laborers to support workers, Moutaz has fast emerged as one the wealthiest and most philanthropic players on the planet.
At just 36, he is now a Partner and Chairman, and Group President to Power International Holding, while also making his mark as the co-founder and CEO of Urbacon Trading & Contracting” (UCC), one of the Gulf Cooperation Council’s leading, grade one licensed building and contracting companies in Qatar.
Then there is Assets Real Estate Development (ASSETS), his privately-owned company dedicated to building value through the development, investment, management, and financing of real assets. And Baladna Food Industries, Qatar’s flagship milk, and dairy the brand established in March 2014, which has grown to be Qatar’s largest locally owned food and dairy producer.
Across the peninsular Arab country, Moutaz is known as something of a self-made entrepreneur and businessman striving to explore new business frontiers with economies of scope strategy not only to sustain businesses but to provide clients with cutting edge and total solutions.
He currently owns and manages more than twenty-five companies in multiple fields spanning design management for resorts, hotels, malls, and residential and commercial buildings, electromechanical, and plumbing services. His industrial project portfolio encompasses everything from retail and real estate development to medical, food, and beverages and beyond.
Under Moutaz’s tutelage, UCC has ascended in recent years with the creation of more than 40 affiliated companies that bolster the company’s core business in the Qatari market and numerous other touchstones on the globe. UCC now operates not only in Qatar but also in Morocco, Oman, United Kingdom, France, and the Maldives – with plans of expansion.
And although his jet-setting life in business leadership is a world away from his homeland, which for the past eight years has been ripped apart by war and bloodletting, he still brings the Syria he profoundly loves to the diaspora and curious palettes.
Nostalgic for the tastes, textures, décor, and enchanting music of his native land, he brought to life the Orient Pearl in the heart of Doha, a dazzling 1500-seat restaurant now considered to be the most authentic Syrian delights outside the once serene nation girdled by the Mediterranean Sea.
Moutaz’s successes not only stem from his hands-on approach to business and quick-thinking attitude, but from an artistic and innovative mind that can’t be taught.
Take the “cows on a plane.” Or rather, cows on lots of planes.
In 2017, the business mogul hit global headlines when he, as chairman of Power International Holding, airlifted 4,000 Holstein dairy cows across the Gulf – on more than 60 commercial jets – to quickly alleviate any potential shortages of fresh milk in Qatar induced by blockades installed by neighboring nations.
Facilities spanning 70 soccer fields became peppered with cattle – there are now more than Twenty thousand bovines – to produce Qatar’s finest sheep milk and meat. Shipping, in Moutaz’s mind, would have taken too long.
But beyond his ever-expanding empire of hotels, restaurants, architecture, and resorts – all of which are frequented by Hollywood heartthrob’s and powerful political figures – the cause closest to Moutaz’s heart is his Alkhayyat Foundation.
In 2014, he worked closely with the Institute of International Education and the United States of America State Department to set up an emergency support fund to assist more than 40 struggling Syrian students in the universities and colleges across the USA.
Today, the Alkhayyat Foundation is a not-for-profit foundation based in Canada and the United States of America. The foundation provides financial and in-kind support to nonprofit organizations and charities that share in his goal of helping and empowering disadvantaged populations and underserved communities in Canada and the US as well as around the world.
The primary focus of the foundation’s work is to partner with organizations that provide critical services to vulnerable individuals and families in Canada and the United States of America. Purely for humanitarian aid, Moutaz has crafted his philanthropic endeavors to concentrate on education and health care, and is working very closely with the United Nation’s children’s fund, UNICEF.
Moutaz’s foundation remains devoted to serving and uplifting those in need through providing access, education, and opportunity – the work of not only the new generation of the contractor, but the new generation of entrepreneur who gives hand-ups instead of just handouts.