Badir stated that the company opened its first regional office in Saudi Arabia, in Riyadh, as part of its plan to expand internationally in the Middle East and North Africa. He noted that this step coincided with its participation in the Nile Real Estate Exhibition in Riyadh, one of the most prominent real estate events in the region, as part of its strategy to strengthen cooperation in the real estate sector and promote its development vision.
He added that the opening of the company's first regional office
represents a pivotal step in integrating lifestyle, culture, innovation,
business, and hospitality into Paragon's projects.
Engineer Badir Rizk, CEO of Paragon, revealed that the company plans to develop and manage 200,000 square meters of office space by 2027, targeting 500,000 square meters by 2030 in major cities such as Riyadh and Jeddah. The opening of the company's regional office in the Kingdom represents more than just a growth milestone; it marks the beginning of a broader journey to contribute meaningfully to urban growth across the region.