Khalid Al Tayer is the chief executive of Al Tayer Insignia, the retail business of Al Tayer Group, a multi-division conglomerate based in the UAE operating luxury brands and retail chains across the Gulf and other Middle Eastern markets. He joined Al Tayer Group in 2005 as group general manager and was appointed chief executive in 2011.
In his time at the helm of the retail business, Al Tayer has spearheaded joint ventures with Bottega Veneta, Bulgari, Ermenegildo Zegna, Gucci, Prada and Saint Laurent and signed a license agreement to open the first Macy’s store outside of the US, in 2018. The group is also responsible for opening and operating the largest Harvey Nichols outside the United Kingdom as well as the first Bloomingdale’s stores outside the United States. Al Tayer Insignia represents other brands in the region including Dolce and Gabbana, Alexander McQueen and Giorgio Armani , along with a licenses for Harvey Nichols.
Al Tayer Insignia recently launched its first luxury e-commerce sites, Ounass.com and Nass.com and expanded the Bloomingdale’s footprint with a new store in Kuwait City.
Al Tayer graduated with a Bachelor of Science in entrepreneurship, corporate finance and economics from Babson College in 1999, and began his foray into retail as a co-founder of online auction platform Makook.com, which launched in Dubai. Prior to joining the family business, Al Tayer worked at McKinsey & Company and Emirates Financial Services. The business mogul also currently serves on the Board of Directors of the Central Bank of the UAE and the Board of the Retail Business Group at the Dubai Chamber of Commerce.