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11 March 2018

Retaj Hotels & Hospitality, a subsidiary of Retaj Group and Mozoon Real Estate Company, owned by Al-sari Trading Co. and Qatar General Holding Company, a wholly-owned subsidiary of Qatar General Insurance & Reinsurance Company, has signed an agreement to manage and operate Mozoons’ largest hotel project in Qatar “Retaj Suites & Residences West Bay”, which is considered as one of the largest hotels in “ Mozoon Towers ” project, which consists of four towers consisting of hotels and hotel apartments in addition to the commercial space with the finest specifications in the city of Doha in the area of Dafna, the hotel consists of 39 floors in addition to a ground floor and two Mezzanine levels, and offers 460 suites and apartments, offering Studios and apartments with one or two rooms. It also includes two restaurants, a coffee shop, an indoor and outdoor swimming pools, a spa center, fitness rooms, a separate Turkish bath for males and females and a children’s playroom, Meeting and banqueting requirements are also available in a state-of-the-art banquet hall and meeting rooms equipped with the latest audiovisual equipment, It also has a unique space that makes it a favorite destination for those who wants to enjoy the high-end hospitality, privacy, and tranquility from individuals and families.

The contract was signed at the Retaj Al Rayyan Hotel by HE Sheikh Nasser Bin Ali Bin Saud Al Thani, Chairman and Managing Director of Qatar General Insurance & Reinsurance Group, owner of  Mozoon Real Estate Company, and HE Sheikh Ahmed Bin Eid Al Thani, Chairman of Retaj Group, attended by Dr. Mohamed Bin Johar Al-Mohamad, Vice Chairman and Managing Director of Retaj Group and Mr. Ghazi Abu Nahl, CEO of Qatar General Insurance & Reinsurance Group, and many of the leaders and officials from both sides.

Commenting on the agreement, Sheikh Nasser Bin Ali Bin Saud Al Thani said that the reputation of Retaj Group in the hospitality sector and its success in providing traditional Arabian hospitality model and spreading its culture locally and internationally is the main motive for choosing it to manage the new hotel. he add that; The tourism movement in Qatar is witnessing a growth in the number of tourists visiting Qatar with expectations of an increase in this number during the coming period as a result of recent various government incentives and decisions to revitalize and support the tourism and hospitality sector in the country, pointing out that despite the blockade Imposed on the State of Qatar since the fifth of June last year, but the tourism movement did not stop, which is confirmed by the hotel occupancy rates, indicating that the new hotel will provide a unique model of hospitality that represents a significant addition to the sector in the State of Qatar as a result of its distinctive spaces and suites.

HE Sheikh Ahmed Bin Eid Al Thani said that the partnership between Retaj Group and the Qatari General Insurance & Reinsurance Group, the owner of Mozoon Real Estate, clearly reflects the constructive cooperation between the two national companies in the country, which is a key part of development and investment, especially in vital sectors such as hospitality. The vision and mission of Retaj Group which is 100% Qatari company, is based on excellence in serving the national economy and contributing to building the comprehensive renaissance at all levels.

He added that the new hotel will offer a wide range of distinguished services in the hospitality sector. And that Retaj Group is keen to achieve its hotels guest’s expectations to provide the latest means and modern arts of the traditional Arabian hospitality. He praised the efforts of the officials of Qatar General Insurance & Reinsurance Group and valued their trust in choosing Retaj to manage and operate the hotel.

Mr. Ghazi Abu Nahl, expressed his happiness with signing the management and operation agreement for Retaj Suites and Residence West Bay with Retaj Hotels & Hospitality, he said “I would like to stress that Mozoon Real Estate, a company owned by the sister company Al-Sari Trading Company and Qatar General Insurance & Reinsurance Group, has been keen to be an active part of the country’s urban and tourism development movement. Our partnership with Retaj Group, a leading national hospitality, and tourism company with extensive experience in managing and operating hotels inside and outside Qatar, is in line with Qatar National Vision 2030 and underscores the importance of constructive partnerships that support the national economy.

Today we are very proud as we celebrate the signing of this partnership agreement with Retaj, to operate and manage a hotel in tower “C”, one of four towers in “Mozoon towers” project in the Dafna area in Doha. And we would like to take this opportunity today to highlight on one of Qatar General’s major projects, “Bab Ezzouar “in Algeria, which is close to completion and is expected to open in 2018.And is considered a true addition to the company’s achievements inside and outside Qatar.

The State of Qatar holds an advanced position at all levels, that places a great responsibility on the private sector to be part of the construction of this remarkable renaissance which distinguishes the State of Qatar among the countries of the world. which we pledge to achieve it through our partnership with Retaj Group, by offering high-end services to our guests and providing the highest standards of quality and comfort for them.”

Dr. Mohamed Bin Johar Al-Mohamad said that Qatar’s hospitality sector is growing at the best rates in the region which is a sign of continued growth in demand for hotel services, especially considering the country’s policy to stimulate important tourism sectors such as sports, cultural, conferences, educational tourism and other luxury tourism sectors. He pointed out that Retaj Hotels are in high demand especially from Gulf and Arab families, where the company maintains its identity derived from the Arabian customs and traditions.

he added that Retaj has established the brand” Retaj Hotels “, It is the first and only Qatari hotel brand to operate inside and outside Qatar, and has succeeded in spreading in many countries in Asia, Africa, and Europe ”

Dr. Mohamed Bin Johar also noted, that driven by the vision and mission of Retaj, the first leading company in the Middle East, in providing the highest standards of service and hospitality, inspired by the authentic Arabian heritage and spreading the culture of conservative Arabian hospitality at the local and global level.

He stressed that the management and operation of the new hotel comes within the framework of the Retaj Group expansion plan to meet local needs of the domestic tourism sector, most notably Qatar’s hosting of the World Cup 2022, as well as the issuance of tourist visas for more than 80 nationalities from Hamad International Airport, In addition to the new port of Hamad, offering tourism services, which predicts an increase in the number of tourists to Qatar in the current and future period.  He also praised the initiatives launched by the Qatar Tourism Authority, which helps to promote the advancement of the tourism sector, where initiatives have diversified to include all aspects of entertainment that benefit citizens and residents, attract tourists to Qatar, and contribute to the advancement of the local economy.

He added that Retaj Hotels and Hospitality recently signed several memorandums of understanding for the management of hotels in Turkey and the Far East, adding that the company is looking to strengthening its presence and to provide its services to the Qatari and Arab tourists around the world, and offer an authentic Arabian hospitality environment for Qatari and tourists from all over the world, with the advantages of providing them with privacy and enable them to enjoy the modern hospitality.

Dr. Johar concluded by saying that despite the damage caused by the blockade, it was also a reason to discover the human capabilities and the material potential of Qatar, and it revealed the extent of cohesion of the Qatari and residents with the leadership, the blockade contributed to accelerate the plans and strategies that Support the achievement of economic independence and increase the self-sufficiency of food and strategic goods, activate the role of the private sector and facilitate the procedures of new domestic investments, and the emergence of integrated initiatives to promote the food industry, agricultural and tourism, And the completion of sports facilities and stadiums in celebration of the 2022 World Cup

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