WeWork has officially opened in the United Arab Emirates in partnership with Hub71, offering collaborative and flexible workspace, including 1,200 desks and light-filled lounges. From entrepreneurial start-ups to established enterprise companies, the new WeWork x Hub71 members include 39 startups from the Hub71 Incentive Program, which provides global startups with up to 100% subsidized housing, office space and healthcare for two years.
WeWork x Hub71 spans three floors in the Hub71 building located at ADGM Square, Al Maryah Island in the heart of Abu Dhabi. The partnership and location connects WeWork to a community of innovative technology entrepreneurs, startups and companies that are part of the Hub71 initiative, and welcomes members of all industries and sizes to the space. This new WeWork operates as a management agreement with Hub71, and underlines WeWork’s strategy to expand geographically through market-driven models, including management partnerships of this kind.
Riad Thoumas, WeWork UAE General Manager said: “We are excited to open our first WeWork in the UAE, with a beautifully designed workspace for Abu Dhabi’s vibrant community of entrepreneurs and businesses to connect, collaborate, and grow. This unique collaboration with Hub71 means we can deliver an unrivalled experience for our new members, with a fantastic local partner. Abu Dhabi is an international hub for businesses, technology innovation and entrepreneurship, making it the perfect place for WeWork to expand our global platform and better serve our members.”
Ibrahim Ajami, Head of Ventures – Mubadala Capital and Acting CEO of Hub71, said: “The launch of the new WeWork x Hub71 is another positive proof point for Abu Dhabi’s tech and startup ecosystem. Our mission is to provide entrepreneurs with community support and market access as they grow their businesses. The WeWork x Hub71 community is a fundamental part of our strategy to enable entrepreneurs with differentiated offerings.”