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Adeer-PARAGON alliance teams up with MIDAR for EGP 70B development project

Adeer International, a subsidiary of Sumou Holding Group, teamed with Egypt’s leading mixed-use developer PARAGON Developments and MIDAR to launch a joint development entity

Updated 7/23/2025 7:13:00 AM
MIDAR, partners unveil $2B investment in Egypt’s hospitality, leisure sectors

MIDAR has inked a memorandum of understanding (MoU) with Saudi Arabia’s Sumou Investment, ADEER International, and Hassan Allam Holding to invest $2 billion into Egypt’s hospitality and leisure sectors.

Updated 1/26/2025 8:50:00 AM
Saudi Adeer aims to launch real estate investment fund in Egypt

The Saudi Arabia-based Adeer International is planning to set up a real estate investment fund in Egypt, in partnership with the Saudi financial services provider Areeb Capital.

Updated 10/29/2024 8:18:00 AM
Paragon Developments, Adeer International to develop mega mixed-use project in East Cairo

Paragon Developments has joined a strategic alliance with Adeer International to develop a 1-million-square-meter mixed-use project in East Cairo.

Updated 7/9/2024 11:41:00 AM
Adeer International, Hassan Allam Properties to build mixed-use project in East Cairo

The real estate solutions provider Adeer International has signed an agreement with Hassan Allam Properties (HAP) to develop the first mixed-use residential, commercial, and administrative project in East Cairo.

Updated 7/8/2024 7:46:00 AM
Adeer International to invest $400M in Egyptian real estate market over 5 years

Saudi Arabia-based Adeer International is planning to invest $400 million in the Egyptian real estate market within five years, in partnership with Hassan Allam Properties (HAP) and Melee Development.

Updated 7/8/2024 1:33:00 AM