Paragon Adeer Developments

Paragon Adeer Developments

Paragon Adeer Developments logo

Paragon Adeer Developments

Paragon Adeer represents a new generation of real estate development in Egypt and the international market. Established in 2026, the company brings together two recognized names in the industry: Paragon Developments and Adeer International, a subsidiary of Sumou Holding. This strategic partnership combines Egyptian and Saudi expertise to create modern real estate projects that respond to changing market needs. The partnership has already introduced Sumou Boulevard Mostakbal City, a major mixed-use development that reflects the company’s ambitious vision. To support this project, Paragon Adeer partnered with Midar, the owner and master developer of Mostakbal City, and invested in a 250,000-square-meter development area. As a result, the project aims to create a well-planned destination that combines residential, commercial, and business uses.

Paragon Adeer Developments also benefits from the different experiences and backgrounds of its founding partners. Paragon Developments contributes its understanding of the Egyptian market, while Adeer International adds extensive Saudi and regional expertise. Therefore, the company creates a strong foundation for future growth and new real estate opportunities. In addition, Paragon Adeer follows the mission, vision, and values of both founding companies. The developer focuses on creating high-end real estate projects that meet the needs of residents, investors, and business owners. It also aims to combine modern architecture, smart planning, quality construction, and practical services.

Vision and Mission of Paragon Adeer Developments

Paragon Adeer Developments focuses on creating green, sustainable, and customized real estate solutions that meet the needs of different businesses. The company combines the strengths and experience of both founding partners to develop projects that support modern business requirements. Moreover, Paragon Developments brings valuable experience in creating environmentally conscious and green business projects. At the same time, Adeer International contributes its strong expertise in delivering high-quality developments that meet international standards.

The company is a strategic partnership that creates a balanced approach that combines sustainability, quality, and practical design. In addition, Paragon Adeer aims to develop flexible spaces that support businesses while creating long-term value. Through this approach, the company works to deliver innovative and sustainable real estate solutions.

Founders of Paragon Adeer Developments

  • CEO of Paragon: Eng. Bedir Rizk.
  • Global CEO of Adeer International: Eng. Bassel El Serafy.
  • Chairman of Sumou Holding Group: Dr. Ayedh Al Qahtani
  • Chairman of Paragon Developments: Eng. Mohamed Bedeir.
  • Managing Director of Sumou Investment: Mr. Abdulrahman Ayedh Al Qahtani.
  • Chairman of Adeer International: Mr. Meteb Hamad Al-Saad,
  • CEO of Sumou Holding: Mr. Saeed Al Nahdi.
  • COO of Adeer International: Mr. Ahmed Helmy.

Paragon Adeer Mother Companies 

Paragon Adeer brings together the expertise of two established companies: Egyptian Paragon Developments and Saudi-based Adeer International, part of Sumou Holding. First, Paragon Developments focuses on innovative and environmentally friendly real estate solutions. As well as the company aims to create modern business and residential projects that combine sustainability with practical design.

Adeer International operates as a real estate subsidiary of Sumou Holding, a Saudi company established in 2008. The company brings extensive experience in real estate development and focuses on delivering creative, high-quality solutions. Moreover, Adeer International offers a diverse range of residential and business opportunities. Together, both companies provide Paragon Adeer with strong expertise, regional knowledge, and a clear foundation for future real estate projects.

Prominent Projects of Paragon Adeer Developments

  • Sumoou Boulevard Mostakbal City

Paragon Adeer Developments's most prominent projects

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