About Paragon Adeer
Paragon Adeer is one of the newest members in the real estate industry internationally and in the Egyptian real estate market. The company, which was established in 2026, is a joint venture between two of the very well-known names, Paragon and Adeer International (a subsidiary of Sumou Holding).
This successful partnership resulted in a one-of-a-kind mixed-use project, Sumou Boulevard in Mostakbal City. The rising company, partnered with Midar, the owning company of Mostakbal City, to invest 250,000 SQM into this mega project.
Thanks to the extensive expertise of both companies, and the different backgrounds of both, it was a fruitful step towards more futuristic projects. Also, bringing the Saudi expertise of Adeer International to the Egyptian energy of Paragon Developments is expected to result in more milestones and mega projects.
Facts About Paragon Adeer
The newly rising company is based on the mission, vision, and values of both founding companies. Paragon Adeer aims at delivering high-end projects that satisfy the exact needs of its residents and business owners.
Also, the company’s mission is to craft green, sustainable, tailored solutions for various businesses. The resulting product of mixing the expertise of Paragon with Adeer International is benefiting from the experience of the former in green business projects and that of the latter in high-quality deliveries.
Paragon Adeer Owners & Founders
The main figures of the new company, Paragon Adeer, are not yet settled. Yet, in the meantime, the company is led by:
Eng. Bedir Riz, the CEO of Paragon
Eng. Bassel El Serafy, Global CEO of Adeer International
Aside from the CEOs, the company is also led by the following figures:
Dr. Ayedh Al Qahtani, Chairman of Sumou Holding Group
Eng. Mohamed Bedeir, Chairman of Paragon Developments
Mr. Abdulrahman Ayedh Al Qahtani, Managing Director of Sumou Investment
Mr. Meteb Hamad Al-Saad, Chairman of Adeer International
Mr. Saeed Al Nahdi, CEO of Sumou Holding
Mr. Ahmed Helmy, COO of Adeer International
Paragon Adeer Top Projects
So far, the first and most well-known project by Paragon Adeer is Sumou Boulevard in Mostakbal City. The project spans a total land area of 250,000 SQM with a built-up area reaching 500,000 SQM.
This premium mixed-use gateway was developed to offer studios, 1, 2, 3, and 4-bedroom apartments, penthouses, branded residences, serviced apartments, administrative units, and retail spaces.
It was built with functionality and comfort in mind. That is why it offers high-end facilities such as innovation hubs and AI-focused campuses, walking, jogging, and cycling, and hospitality-driven developments. It also offers cultural spaces such as galleries and art walks, lush greenery, and verdant landscaping.
Sumou Boulevard is primarily located at the heart of Mostakbal City in East Cairo. This location is a mere minutes' drive from all the major surrounding attractions.
Call us now on 15211 to get your unit in Sumou Boulevard by Paragon Adeer!
Why Invest With Paragon Adeer?
Paragon Adeer is a rising force in the Egyptian real estate market. You should consider investing your money in their projects for the following reasons:
The partnership between two mega companies results in combining the extensive expertise of both, resulting in bringing the best quality to their projects
So far, the company has chosen a vital location for its first project, which foreshadows its future extensions in other prime locations
Being a relatively new company brings fresh insights to the market and promises more potential for innovative projects and growth
Paragon Adeer Mother Companies
The mother companies of Paragon Adeer are the Egyptian Paragon Developments and the Saudi Adeer International (part of Sumou Holding).
Paragon Development is an Egyptian innovative company that was established to deliver environmentally-friendly real estate business solutions.
Meanwhile, Adeer International was established as part of creating real estate subsidiaries under the well-known Sumou Holding that was established in 2008 in Saudi Arabia. The company relies on creative, high-quality solutions offering a wide range of residential and business solutions.
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