Al Otaiba is the former chair of Noor Capital, a firm dealing in asset management, private equity, investment banking, investment placement and direct equity. He is also a major shareholder in Abu Dhabi Group, a company with holdings in real estate, banking, Islamic banking, telecommunication, ISP, manufacturing, pharmaceuticals, hotels and tourism, as well as being a major shareholder in Etisalat. Al Otaiba is the owner of the Royal Mirage Hotels in Morocco (formerly part of Sheraton Hotels and Resorts), The Royal Mirage Marrakech Deluxe, the Royal Mirage Fes, and the Royal Mirage Agadir.