IWG has announced its first cluster franchise agreement in Egypt, bringing two new flexible workspaces into development in the North African nation's New Administrative Capital (NAC). The partnership with real estate development company IC Group comes in a year that's seen the rise of hybrid working push the need for flexspace to the top of many businesses' agendas, with the two new centres set to meet this demand. Opening under the Regus brand, the centres will be positioned in the business district of the NAC, with the first slated to open in January 2023. Both will span more than 4,500sqm and boast 220 offices, a selection of meeting rooms, a coffee bar and a 500sqm lounge. The new capital city in the desert east of Cairo is still under construction, however it is expected to become the administrative and financial capital. Equipped with technology, it will feature control centres that monitor infrastructure and security electronically, with cashless payments, roofs covered in solar panels and 15sqm of green space allocated per inhabitant. It is expected to house at least six million residents and will boast universities, leisure facilities and a diplomatic quarter.