ALDAU Development is a hospitality and real estate developer that has been established in 1999 and is a subsidiary of Sami Saad Holding. Its flagship project, Steigenberger ALDAU Beach Resort is located in Hurghada, Red Sea and was inaugurated in 2006. ALDAU has 45 internationally recognized awards and accolades and remains one of the most prestigious and renowned real estate developer in the Egyptian market. The journey of ALDAU's success was followed by its establishment of the Steigenberger Aqua Magic hotel and the Holiday Inn in the UK. The creation of ALDAU's International Conference Center and ALDAU’s Promenade that are both located in Hurghada on the Red Sea, prove the company's credentials in the retail and conference sectors. ALDAU Development is currently bringing its hospitality excellence into real estate through the establishment of high end developments including ALDAU Strand and ALDAU Heights in Hurghada; and will soon be launching its 1st project in the prime of West Cairo, and will lie in close proximity to the Pyramids Touristic area and the new grand museum.