{"id":660121,"date":"2025-02-06T00:00:00","date_gmt":"2025-02-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/06\/bedeir-rizk-ceo-of-paragon-developments\/"},"modified":"2025-02-06T00:00:00","modified_gmt":"2025-02-06T00:00:00","slug":"bedeir-rizk-ceo-of-paragon-developments","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/06\/bedeir-rizk-ceo-of-paragon-developments\/","title":{"rendered":"Bedeir Rizk, CEO of Paragon Developments"},"content":{"rendered":"

Bedeir Rizk<\/strong>, Chief Executive Officer of Paragon Developments:<\/strong> Each week, My Morning Routine looks at how a successful member of the community starts their day \u2014 and then throws in a couple of random business questions just for fun. Speaking to us this week is Bedeir Rizk (LinkedIn<\/a>), Chief Executive Officer of Paragon Developments<\/a>.<\/p>\n

My name is Bedeir Rizk, and I\u2019m the CEO and co-founder of Paragon Developments. <\/strong>I work in the real estate sector, but my focus is on making it more exciting and human-centric. At Paragon Developments, we\u2019re building a more regenerative ecosystem \u2014 one that prioritizes innovation, community, and long-term economic impact. Our goal is to create value not just for the local market, but also for the wider region.<\/p>\n

I focus on what we call service leadership <\/strong>\u2014 facilitating the work of our management team and ensuring they have the support they need to meet their targets. A large part of my role involves working across internal committees, while also leading business development and identifying new opportunities. At the same time, I manage relationships with our board and investors, balancing both internal and external responsibilities. My work is split into three key areas: investor and board relations, business expansion, and fostering a strong company culture that helps our team members achieve their goals.<\/p>\n

Paragon Developments rethinks what a workspace should be. <\/strong>The company\u2019s approach goes beyond just building offices \u2014 it\u2019s about creating environments that help people work better and grow within their daily routines. This starts with infrastructure: well-designed buildings that maximize natural lighting, prioritize thermal comfort, and incorporate advanced technical components to enhance efficiency. These elements are key to making workspaces more functional and conducive to productivity.<\/p>\n

But infrastructure alone isn\u2019t enough. Paragon sees workspaces as part of a broader <\/strong>ecosystem<\/strong>, one that extends beyond desks and meeting rooms. The company embeds industry-specific communities into its projects \u2014 partnering with accelerators and ecosystem providers, creating spaces for arts and culture, and integrating wellness and fitness facilities to foster a more dynamic and connected work environment. The goal is to create spaces that don\u2019t just serve businesses but support the people and industries within them, making work environments more connected, engaging, and dynamic.<\/p>\n

The company was founded to address a gap in the real estate market: <\/strong>While office buildings often focus on impressive exteriors, little attention is given to the functionality of the spaces inside. Many offices look modern from the outside but lack thoughtful design that supports the people working in them. Paragon set out to change this by prioritizing user-centric workspaces, focusing on how people interact with their environment rather than just the structure itself.<\/p>\n

Another key focus for Paragon has been sustainability and smart building technology. <\/strong>When the company started in 2019, these concepts were gaining traction globally, but the local market had yet to fully embrace them. Seeing the need for more energy-efficient and tech-integrated office spaces, Paragon sought to introduce smarter, more sustainable developments that could better align with evolving industry trends.<\/p>\n

I usually wake up between 6 and 7am, thanks to my two young daughters <\/strong>\u2014 one is three and the other is two. Mornings start with family time, and I make a point of spending quality time with them before heading to work. Most days, that means taking them out for coffee at 7:30am. <\/p>\n

After that, I either fit in a quick workout or head straight to the office.<\/strong> My workday starts with a structured review of tasks, setting priorities for the day ahead. From 11am till 5pm, my schedule is packed with meetings, after which I use the late afternoon to wrap up and organize any remaining tasks before finishing around 7pm. <\/p>\n

I stay focused and organized by writing everything down \u2014 on paper, on walls, and now, <\/strong>finally, on my iPad<\/strong>, which I only started using properly in 2024. Writing helps me process information and structure my thoughts. A few years ago, we introduced a Google Doc template for every company meeting, and I took notes myself for the first two years to stay engaged. Now, it\u2019s become a habit across the company \u2014 every meeting has a shared document with action steps and key takeaways to keep discussions structured and productive.<\/p>\n

Another key to staying focused is waking up early.<\/strong> The first few hours of the morning \u2014 before the workday officially begins \u2014 are some of my most productive. I\u2019ve always been an early riser, even before having kids, but now I wake up before my alarm, which is set for 6:30am but is rarely needed.<\/p>\n

The real estate sector is shifting <\/strong>towards mixed-use developments that blur the lines between work, leisure, and living.<\/strong> The traditional model \u2014 where offices, malls, and residential areas are distinct entities \u2014 is being replaced by integrated environments that cater to changing lifestyles. As remote and hybrid work patterns persist, demand is growing for spaces that offer greater flexibility and convenience, eliminating the rigid separation between professional and personal life.<\/p>\n

At the same time, AI is becoming a central force in real estate and workplace design<\/strong>. And a third key trend is the increasing focus on sustainability and property technology (proptech). Developers are incorporating sustainable building materials, including 3D-printed components and recycled materials, while technology is improving property management and accessibility. <\/p>\n

On a personal level, I focus on two things \u2014 spending quality time with my family and <\/strong>building a social life beyond work.<\/strong> I want to be there for my kids\u2019 first experiences \u2014 whether it\u2019s their first snowfall or their first time seeing rain. Creating those moments is a priority. At the same time, I try to avoid the common executive trap of making work my entire social life. To counter that, I organize monthly dinners, booking a table for ten and inviting a mix of people \u2014 some I know well, others I\u2019m meeting for the first time. It\u2019s a way to maintain connections and create a space for new conversations outside of work.<\/p>\n

Professionally, we\u2019re focused on building a company that operates with global standards <\/strong>while remaining deeply rooted in the region.<\/strong> Our goal is to lead in regenerative development, creating workspaces that add long-term value. If you're a global company looking to expand into the Middle East, we want Paragon to be your first call.<\/p>\n

Work-life balance isn\u2019t always sustainable \u2014 it\u2019s more about constant juggling than strict <\/strong>separation, especially with technology keeping us connected around the clock.<\/strong> Instead of trying to divide work and personal life, we focus on work-life integration, designing spaces that make it easier to manage both. One example is incorporating nurseries in office buildings, allowing parents to bring their children to work, drop them off, and check in on them during the day. Some days work takes over, other days life does, but the goal is to create environments where people don\u2019t have to choose between the two.<\/p>\n

The best piece of advice I ever received came in 2014 while I was working in M&A <\/strong>advisory at KPMG Frankfurt.<\/strong> A partner at the firm, who liked me and meant well, told me to cut my hair because it made me stand out too much in a corporate environment that valued uniformity. At first, I was frustrated, but I understood his perspective. Over time, though, I came to see it differently: rather than toning down what makes you different, you should lean into it. What sets you apart is what makes you valuable.<\/p>\n","protected":false},"excerpt":{"rendered":"

One of Paragon\u2019s goals is to create value not just for the local market, but also for the wider region<\/p>\n","protected":false},"author":1,"featured_media":660122,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7156],"tags":[72,387,83],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-660121","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-my-morning-routine","tag-enterpriseam","tag-my-morning-routine","tag-real-estate","wpautop","entry"],"acf":{"mongo_id":"dabb4f41-b3b9-4b53-93bf-53767cbfc333","order":"18","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/534.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Bedeir Rizk, CEO of Paragon Developments","related_issue":[660089],"teaser":"One of Paragon\u2019s goals is to create value not just for the local market, but also for the wider region","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.5ff4845e-b81f-429e-b65c-73061d21f850.mp3"},"yoast_head":"\nBedeir Rizk, CEO of Paragon Developments - 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Al Attar comes to Visa with over 16 years of experience at MasterCard and Vodafone Egypt, where he worked on financial inclusion, digitization and business development for national projects.Mona Bedeir (LinkedIn) has\u2026","rel":"","context":"In "Moves"","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":557432,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/19\/qnb-al-ahli-appoints-new-ceo\/","url_meta":{"origin":660121,"position":2},"title":"QNB Al Ahli appoints new CEO","author":"enterpriseam admin","date":"19 September 2021","format":false,"excerpt":"QNB Al-Ahli appointed Mohamed Bedeir (LinkedIn) as CEO, it said in an EGX filing(pdf) on Thursday. Bedeir joins from Bank Audi Egypt, where he served as CEO and managing director for over two years.","rel":"","context":"In "Moves"","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567261,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/16\/ihrab-rizk-joins-the-sovereign-fund-of-egypt-as-chief-human-resources-officer\/","url_meta":{"origin":660121,"position":3},"title":"Ihrab Rizk joins the Sovereign Fund of Egypt as chief human resources officer","author":"enterpriseam admin","date":"16 January 2020","format":false,"excerpt":"MOVES- Ihab Rizk (LinkedIn) has joined the Sovereign Fund of Egypt as chief human resources officer. Rizk moves to the fund after a 13-year run heading HR at Qalaa Holdings. An AUC graduate (BA, MBA), he previously served stints with Shell, LinkdotNet and Fayrouz International and is a chartered fellow\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":564614,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/16\/meet-prime-holdings-mona-bedeir-our-analyst-of-the-week\/","url_meta":{"origin":660121,"position":4},"title":"Meet Prime Holding\u2019s Mona Bedeir, our Analyst of the Week","author":"enterpriseam admin","date":"16 February 2021","format":false,"excerpt":"OUR ANALYST OF THE WEEK- Mona Bedeir, Senior Economist at Prime Holding (Linkedin)My name is Mona Bedeir and I\u2019ve been at Prime Holding for the past four years. I\u2019m a senior economist in the company\u2019s research department and work on Prime\u2019s daily research note as well as a monthly product\u2026","rel":"","context":"In "GO WITH THE FLOW"","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/462.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596266,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/22\/bank-audi-egypt-gets-new-managing-director\/","url_meta":{"origin":660121,"position":5},"title":"Bank Audi Egypt gets new managing director","author":"enterpriseam admin","date":"22 August 2019","format":false,"excerpt":"MOVES- Bank Audi Egypt has nominated Deputy Managing Director Mohamed Bedeir to become the new managing director, a decision approved by the CBE earlier this week, Al Mal reported. Bedeir has almost 28 years of experience in the field.","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/660121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=660121"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/660121\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/660089"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/660122"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=660121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=660121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=660121"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=660121"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=660121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}