Marc Descrozaille, CEO of IWG for the Middle East, Africa, and Asia-Pacific, said Egypt has become the company's fastest-growing market in the region, recording 300 percent growth over the past year. He told Daily News Egypt that IWG now operates 31 centres nationwide following the recent openings of Spaces at Mall of Egypt and a new Regus branch in New Alamein City. The group plans to launch 30 additional centres in 2026. "A year ago, we had 10 centres in operation. Today, we have 30 and 31 next week," Descrozaille said. "This rapid expansion reflects the growing demand for flexible workspace solutions across Egypt." He noted that IWG's performance is bolstered by its full suite of brands now present in the local market, including HQ, Signature, Regus, and Spaces. "We offer a range of products that cater to different client needs, from entry-level solutions to more premium spaces. That flexibility allows us to serve a wider spectrum of professionals and businesses," he added. The company has also expanded beyond Greater Cairo, opening new centres in Alexandria, the North Coast, and New Alamein, with plans to enter Upper Egypt soon, including Aswan and Luxor. Descrozaille said the shift toward flexible working is reshaping Egypt's real estate market. "People no longer want long commutes or fixed offices. They want to work closer to home, in spaces that adapt to their lifestyles. This is what we're providing, a new kind of real estate." He pointed to Egypt's role as a regional support hub, with more Egyptians now working remotely on projects across Saudi Arabia and the Gulf, driving demand for high-quality flexible workspace. Among IWG's upcoming developments is Spaces at The Arc in New Cairo, set to become the largest IWG facility in the world at more than 16,000 square metres, the equivalent of around 16 typical centres. "The Arc reflects our confidence in the Egyptian market," Descrozaille said. "It's a symbol of how Egypt is emerging as a regional leader in flexible workspace demand." He stressed that IWG aims to maintain a balanced client base. "Our goal is to have as much local business as we do international. That's what creates long-term stability." Descrozaille added that Egypt's maturing real estate market, combined with its population — accounting for more than half of the Arab world — makes it the region's most promising market for flexible workspaces. IWG currently operates more than 150 centres across the Middle East and Africa and expects regional growth of 25 percent by the end of 2026. Egypt will lead this expansion, followed by Morocco, Saudi Arabia, and Oman. "Egypt has taken the lead," Descrozaille concluded. "We're opening more centres here than anywhere else in the Middle East. The demand is strong, the geography supports it, and the market potential is enormous."
