Serviced offices in Egypt

Egypt is the largest office market in North Africa, and serviced offices are its strongest flexible product. Cairo dominates, with demand concentrated in Downtown, Zamalek and Maadi, home to regional headquarters for oil, finance and telecoms occupiers. New Cairo’s Fifth Settlement has become an increasingly important second market, a planned business district east of the capital hosting large corporate campuses and international-grade serviced supply, and Cairo commands the national premium while remaining accessible by regional standards.

Beyond Greater Cairo, Alexandria’s Smouha and Corniche anchor Mediterranean port, shipping and oil services demand. Giza’s Sheikh Zayed City and Mohandessin serve FMCG and technology teams west of the Nile, the 6th of October City covers pharmaceutical and manufacturing back-office occupiers, and Hurghada’s Sheraton Road hosts tourism-linked suites on the Red Sea.

Serviced offices in Egypt are used by professional services firms, oil and gas occupiers, telecoms teams, SMEs and international businesses entering the North African market, with banking and consulting teams concentrated in New Cairo. Contracts run from one month upwards, with most operators offering rolling monthly or 12-month agreements that bundle rent, utilities, cleaning and reception into one fee. That is in contrast to the conventional Egyptian lease, which typically runs three to five years with rental paid quarterly or annually in advance, and serviced contracts carry no long-term deposit or fit-out liability.