Arab Finance: Paragon Developments has signed a memorandum of understanding (MoU) with Darb 1718 Contemporary Arts Center to become its strategic partner, according to a press release.

The agreement, which was signed during the ‘Something Else: Symposium’ event, aims at supporting the arts, improving sustainability, and driving innovation.

This partnership aligns with Paragon’s objectives to develop sustainable creative spaces, enhance community engagement, and support human advancement.

It will provide long-term support for the ‘Something Else’ Contemporary Arts Festival, which is hosted by Darb 1718.

Bedeir Rizk, CEO of PARAGON Developments, said: “This partnership with Darb 1718, we continue our commitment to creating environments that stimulate innovation, support connectivity between diverse communities, and promote sustainability as an integral part of the future of real estate development, ensuring human advancement in all its forms.”

Moataz Nasr El-Din, Founder of Darb 1718, stated: “Our mission is to foster the contemporary art movement in Egypt by providing a platform that supports, cultivates, and sustains the local burgeoning art scene and connects it with the international context.”

PARAGON 1 wins ‘Administrative Project of the Year’ at ACE Awards Updated 1/16/2025 4:01:00 PM

Paragon participates in Invest-Gate roundtable on Proptech Innovations Updated 9/9/2024 3:57:00 PM

Paragon Developments, Adeer International to develop mega mixed-use project in East Cairo Updated 7/8/2024 11:41:00 AM

Paragon Developments participates in 5th Startups Without Borders Summit Updated 5/13/2024 4:13:00 PM

Schneider Electric, Paragon ccoperate to promote real estate sustainability in Egypt Updated 12/6/2023 9:05:00 AM