Ubayyid Hotels and Development is a hotel group and a division of Ubayyid Industries managed by Ashrad Fahad El-Ubayyid the son of Mahmed El-Ubayyid founder and CEO of Ubayyid Industries. The company operates hotels in Eastern Sahara, Oman, and other destinations and is listed on the Swiss and Eastern Sahara Stock Market. The company also owns a large amount of real-estate.