Aswaq Developments has announced the signing of a strategic cooperation agreement with IWG Global, the world’s largest provider of flexible workspace solutions, to establish a Regus office center within its flagship project, Solaria Mall in Shorouk City, Egypt. The move reflects the company’s ongoing strategy to attract leading international corporations and globally recognized brands to its developments.
The agreement was officially signed by Moamen Rehan, CEO of Aswaq Developments, and Youssef Naguib, General Manager of IWG in Egypt.
Strengthening Investment Value of Solaria Mall
Moamen Rehan stated that this strategic partnership aligns with Aswaq Developments’ vision to enhance the investment value of commercial real estate projects in Egypt, while delivering an integrated business environment that meets the highest international standards.
He added that the inclusion of the Regus brand in Egypt within Solaria Mall represents a significant step in meeting the needs of investors, entrepreneurs, and companies seeking modern flexible office spaces in Shorouk City equipped with advanced technologies and global services.
Regus Headquarters at Solaria Mall Shorouk City
Under the agreement, Regus Egypt will establish its new center inside Solaria Mall, positioning the project as a leading destination for businesses and entrepreneurs seeking coworking spaces and flexible offices in Egypt.
This addition further strengthens Solaria Mall’s position as one of the most prominent integrated commercial and administrative hubs in East Cairo and Shorouk City.
Solaria Mall: A Mixed-Use Development
Rehan highlighted that Solaria Mall is the fourth commercial project by Aswaq Developments, and one of the most significant mixed-use developments in Shorouk City.
The project includes a wide range of facilities, such as:
- Commercial units
- Administrative offices
- Medical clinics
- Restaurants and services
- Modern workspace areas
This integrated model aims to deliver a comprehensive experience for both visitors and investors while maximizing returns in the Egyptian real estate market.
Strategic Location in the Heart of Shorouk City
Solaria Mall enjoys a prime strategic location directly next to the French University in Egypt, situated on two major roads connected by a pedestrian walkway.
This location enhances the project’s role as a key hub linking residential and service areas, strengthening its competitive advantage in commercial real estate in Shorouk City, Egypt.
IWG Vision for Flexible Work in Egypt
Youssef Naguib, General Manager of IWG in Egypt, stated that the company continues to expand its footprint in the Egyptian market, driven by growing demand for flexible working solutions in Egypt.
He noted that flexible workspaces are becoming increasingly popular among employees due to improved work-life balance, while businesses benefit from:
- Higher productivity
- Reduced operational costs
- Scalability and flexibility
- Access to a global network of locations
He also emphasized that the Egyptian business landscape is rapidly evolving, with companies shifting toward flexible, low-capital office models across all sectors.
IWG Global Network
IWG is the world’s largest provider of flexible workspace solutions, offering clients access to thousands of locations across more than 120 countries through its global platform and mobile applications.
The opening of the Regus center in Solaria Mall, Shorouk City, marks another step in the company’s continued expansion across Egypt.
