Teramir plans global expansion in hospitality

by AKANI CHAUKE
JOHANNESBURG – THE Teramir Group is pursuing new experiential hospitality projects across Abu Dhabi, Brazil and Egypt.

The company aims to develop a global development pipeline beyond North America and Saudi Arabia.

The initiatives signal a strategic move toward immersive, family-centered destinations in emerging tourism markets.

In Abu Dhabi, Rashid they are in discussions with potential partners to develop a concept focused on children’s experiences and family entertainment.

The project is expected to align with local tourism goals and complement the emirate’s push to attract longer-stay family travelers.

“We’re seeing strong interest from partners in Abu Dhabi who understand the value of well-structured, high-impact entertainment spaces,” said Zafir Rashid, Head of Real Estate Development, Teramir Group.

He described it as a market that is open to fresh concepts with long-term vision.

Parallel conversations are taking place in Egypt, where Teramir is exploring destination opportunities tied to waterfront and heritage zones.

The aim is to integrate leisure development with the country’s broader tourism resurgence.

In Brazil, Teramir is evaluating land in the northern region for a potential resort combining hospitality, branded attractions, and outdoor recreation.

These expansions follow recent progress on the group’s Orlando-based Nickelodeon resort, which has secured its building permit and is preparing for vertical construction.

– CAJ News

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