Since the first coworking space appeared in 2005, over 14,000 have opened around the world. While the earlier generation sought to provide independent workers with resources and support that couldn’t be found at home, coffee shops, or other nomadic locations, today’s spaces have evolved into businesses that also support the needs of large organizations. Some use it to house employees located in remote locations, relieving them from the expense of a long-term lease. Other small businesses and early stage ventures that have uncertain headcount projections or business growth rates operate entirely from coworking spaces due to the spatial flexibility.
GlassQube Coworking is announces the signing of a joint Memorandum of Understanding with Water Solutions TZ, a subsidiary of the Shirima family office group of Tanzania, Africa.
The MOU is outlines a joint GlassQube-Shirima commitment to explore investment and expansion strategies into the rapidly growing African market, with an initial focus on East Africa and eventual roll out across the continent.
GlassQube Coworking is happy to announce the signing of a joint Memorandum of Understanding with the Doni Group as part of a new investment and expansion strategy into the rapidly growing Pakistani market coupled with an investment in select UAE based projects. Established in 1948, Doni and Company is a family office headquartered in Karachi, Pakistan with a second office based out of the UAE. The company is involved in Agriculture Commodities, Real Estate Development, and Investments.
According to GlassQube CEO, Bernard Lee, “With 2018 GDP growth of nearly 6%, the Pakistani market is one of the fastest growing markets in the world, and GlassQube is excited about the opportunity to work with Doni and Company to realize their vision to support growing Pakistani businesses and startups through providing them with affordable, beautifully designed workspace along with 5-star business support and community services.”