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Meet the man behind Cairo’s co-working movement

MQR founder Muhammad Nagi speaks to Alicia Buller about the trials and tribulations of building one of Egypt’s leading shared office communities.
07.08.20 | Source: SME10x

As Middle Eastern governments push a high-priority agenda to nurture SMEs, co-work spaces are a crucial tool in strengthening local entrepreneurship ecosystems.


Co-working offices have begun to enter the regional market, but still occupy just one percent of Middle East office stock compared to rates of four percent in London, according to management consultants Deloitte.


It is estimated that there will be up to 30,000 worldwide co-working locations by 2022, up from 7,800 in 2015, representing a compound annual growth rate of 31 percent, says global co-working body GCUC.


Co-working spaces can provide critical access to like-minded peers, knowledge, SME services and mentors – as well as a sense of community. One man who is keenly aware of the benefits of shared working is Muhammad Nagi, co-founder and managing director of Egypt-founded workspace hub MQR (formerly AlMaqarr).

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