Aswaq Developments signs an agreement with IWG Global to establish Regus Headquarters at Solaria Mall in Shorouk City
Aswaq Developments company announced the signing of a cooperation agreement with IWG, the world’s largest provider of flexible work solutions, to add Regus brand center to Solaria Mall project in Shorouk City, driven by its commitment to attracting leading international companies and renowned brands.
The agreement was signed by Moamen Rehan, Aswaq Developments CEO, and Youssef Naguib, IWG general manager in Egypt.
Moamen Rehan, Aswaq Developments CEO, said that this strategic partnership aligns with the company’s plan to enhance the investment value of its projects and create an integrated business environment that meets the highest international standards, fulfilling the aspirations of investors, entrepreneurs, and companies seeking modern and advanced workspaces.
He noted tgat due to this agreement, REGUS was chosen to establish its new headquarters within Solaria Mall in Shorouk City, regarding it a leading destination for companies and entrepreneurs seeking flexible workspaces equipped with the latest technologies and world-class services, which will enhance the project’s position as one of the most prominent integrated commercial and service centers in the region.
He emphasized that Solaria Mall is the fourth commercial project by Aswaq Developments and one of the most important mixed-use projects in Shorouk City, as it includes commercial, administrative, and medical activities, along with restaurants, services, and modern workspaces, creating a comprehensive experience for both visitors and investors.
He expressed his pride have one of the world’s leading brands specializing in workspaces joining Solaria Mall project, pointing that Regus represents a qualitative addition that enhances the project’s standing and raises the level of services offered within it, as the presence of a global brand of this magnitude reflects the confidence of global institutions in the quality of the company’s projects, besides contributing to attract more companies and entrepreneurs and provide clients with an integrated business environment that supports growth and innovation, achieving real added value for both investors and users.
He pointed that Solaria Mall enjoys a prime strategic location in the heart of Shorouk City, located directly next to the French University in Egypt and on two main roads with a pedestrian walkway in between, which makes it a vital link between residential and service areas, giving it a strong competitive advantage as an integrated destination for commercial, administrative, and medical activities.
He assured that the project was designed according to a comprehensive vision for mixed-use developments, encompassing commercial, administrative, and medical units of varying sizes, while adhering to the highest planning and operation to ensure maximum investment returns for clients and meets the evolving needs of the real estate market in new cities, especially in areas experiencing rapid population growth.
Youssef Naguib, IWG General Manager in Egypt, said that “with this latest opening, we continue to establish a stronger and larger presence in Egypt, our ongoing expansion coincides with more companies discovering the advantages of flexible working, most notably its immense popularity among employees as it improves work-life balance, besides flexible working has also proven numerous benefits for companies, including increased productivity, the ability to expand or contract at reduced costs, and access to thousands of locations.
He added “business landscape in Egypt is evolving rapidly, and we are witnessing a clear shift in how Egyptian companies of all sizes and industries utilize office space, prioritizing flexibility and low-capitalization models, thus we will continue to expand our network to include more cities across Egypt, providing a highly productive environment for both startups and large corporations, enabling them to scale their operations efficiently and best serve their employees.
IWG is the world’s largest provider of flexible workspaces, as it enables its clients to use the IWG app to access its international network of thousands of locations all over 120 countries.
