THE MIDDLE EAST’S

10. Power International Holding (PIH)
Group Chairman; President & Group CEO: Moutaz Al Khayyat; Ramez Al Khayyat
Established: 2011
Country: Qatar
PIH has over 400 companies across 19 countries operating in energy, concessions and construction, healthcare, professional services and contracting industries, agriculture, and food industries, among others. Its subsidiaries include UCC Holding, Estithmar Holding, Baladna, Assets Group, Aura Group, and TMT Group. In November 2024, PIH began the Zliten Power Plant Project in Libya by URBACON HOLDING, in partnership with Elsewedy Electric and the General Electricity Company of Libya. In January 2025, it completed the full acquisition of Mobile Telecom-Service LLP from Kazakhtelecom in Kazakhstan.