International Workplace Group, the world’s largest provider of hybrid working solutions with brands including Spaces and Regus, opened a state-of-the-art flexible workspace in El Gouna, the fully integrated and sustainable town by Orascom Development in the Red Sea, Invest-Gate reports.
As the adoption of hybrid working rapidly accelerates across Egypt and the MENA region, the number of enquiries for space in International Workplace Group locations has risen sharply and this new opening helps meet rising demand.
The addition of International Workplace Group’s latest location in Regus at El Gouna marks its 18th location in Egypt. Situated in El Gouna’s Fanadir Marina, this new location is part of a drive by IWG to meet the sharply rising demand for top–class flexible working space in the area. By bringing an additional high-quality office space to Egypt and the Red Sea region, IWG is enabling residents to work closer to home, reducing the need for long commutes. El Gouna is designed to offer speed, ease, and convenience at every turn. From the rapid service to the accessibility of amenities, the infrastructure and services are tailored to make life as smooth and hassle-free as possible.
El Gouna doesn’t just offer business opportunities; it creates a space for like-minded individuals to experience the cohesion of a community, premium amenities, and a thriving workspace. The town’s entrepreneurial spirit, outstanding facilities, and commitment to supporting youth make it the ideal location for fostering innovation and collaboration. El Gouna provides a dynamic environment where tomorrow’s leaders can get inspired, share experiences, and build a lifestyle that seamlessly blends work, living, and recreation.
The new location will provide space for established firms and start-ups across a range of industries, as well as students and individuals. The new Regus location will include facilities including private offices, meeting rooms, co-workers and creative spaces.
The partnership between IWG and El Gouna enables both parties to benefit from their shared offerings, where the world-renowned real estate giant will maximize the return on their unique real estate spaces by capitalizing on the rapidly expanding demand for hybrid working. With an annual investment of around £50 mn in its technology platform, International Workplace Group provides partners with access to all the company’s expertise as well as design and fit-out support and sales and marketing capabilities.
Marc Descrozaille – CEO Middle East & Africa at IWG plc, said “We are continuing to establish a stronger and much-needed footprint in the MENA region. The need for high-quality flexible workspace continues to soar as hybrid working becomes the new normal.”
Youssef Najeeb, Country Manager for IWG in Egypt, added: “Companies across Egypt are recognizing the benefits of the hybrid working model, boosting employee happiness and satisfaction, while helping the environment. Our workplace model is also proven to increase productivity and allows for a business to scale up or down at significantly reduced costs.”
“We are thrilled to partner with International Workplace Group to bring premium flexible workspace to El Gouna, further solidifying our commitment to creating integrated, sustainable communities that cater to the evolving needs of modern professionals. This collaboration aligns perfectly with our vision of providing innovative solutions that enhance work-life balance and foster economic growth within our town.”