Regus opens Kuwait office
Kuwait, October 11, 2011
Regus, a global workspace provider, has opened its first business centre in Kuwait, making it the 91st country where Regus has a presence.
The launch at Kuwait City’s Shayma Tower builds on Regus’ recent investment in the Gulf, with openings this year in Dammam, Saudi Arabia, and Abu Dhabi in the UAE.
“Through our business centres and solutions in the Gulf, we have helped countless local and international businesses to introduce more efficient ways of working, to expand, and to test new markets, all without upfront capital investment in infrastructure. We’re now extending this support to companies in Kuwait,” said Mark Dixon, CEO of Regus.
The opportunities for businesses are being boosted by the government’s Development Plan, which aims to expand the role of the private sector. This, combined, with rising oil revenues, means real GDP growth of around 5 per cent is projected for 2011, a statement said.
The Regus Business Confidence Index released earlier this month sees more Gulf companies reporting healthy profit growth (45 per cent) and increasing revenues (55 per cent). Confidence levels are twenty points above the global average, the report said.
Regus’s decision to open its first business centre in Kuwait is also backed by the changing work patterns and how companies use real estate.
According to Regus research, 81 per cent of businesses globally offer flexible working options to staff with 60 per cent believing flexible working is lower cost than fixed-office working.
“As businesses in Kuwait look to grow, the new Regus business centre here offers them a more efficient and more flexible alternative to traditional fixed ways of working,” added Dixon. – TradeArabia News Service