Retaj Hotels & Hospitality signed a contract to manage and operate its first hotel in Georgia in the cities of Sagarejo and Grigoleti, the contract was signed between HE Sheikh Nayef bin Eid Al-Thani, Chairman of Retaj Group, and Engr. Said Mohamed Salah, CEO of Golden Tower Group, attended by a number of officials of the two companies, including Retaj Group board members, and Mr. Medhat Nouby, Retaj Hotels & Hospitality CEO.

Golden Tower Trading & Contracting (GTTC) is a multi-disciplinary construction & engineering services company providing consultancy, project & construction management, planning & estimation, drafting & surveying, execution works in all aspects of structural & civil construction, MEP, architectural & fit-out, ICT infrastructure and ELV / RES solutions. Aside from the aforementioned services and solutions, GTTC also provides the full breadth of high quality structural steel services. Since its inception, the company has built a strong reputation for delivering a quality service, on time, and at practical cost-effective solutions. Golden Tower LLC already invested in Georgia 3 000 000 USD investments. The company values are completely harmonized the European Values. The company decided to make long term developments in Georgia, which includes making more investments.