Egyptian-Saudi partnership launches Prax Developments, announces first project in New Obour

Prax Developments has announced its entry into the Egyptian real estate market through an Egyptian-Saudi partnership, with plans to launch its first project in New Obour. The company is headed by Mohamed El-Refaie and was established through a partnership between Prax and Saudi-based Asas Taba Real Estate Development, chaired by Osama Elmy. The partnership brings […] The post Egyptian-Saudi partnership launches Prax Developments, announces first project in New Obour first appeared on…