Abu Dhabi Royal’s Firm to Buy Stake in Caring Hospitality Empire

An unit of Abu Dhabi royal Sheikh Tahnoon bin Zayed Al Nahyan’s investment conglomerate is acquiring a majority stake in Richard Caring’s hospitality empire, which includes some of the UK’s most iconic brands such as the Ivy restaurants chain and private members’ club Annabel’s.

As part of the deal, DIAFA — an affiliate of International Holding Co, the investment firm chaired by Sheikh Tahnoon, the brother of the United Arab Emirates’ ruler — will acquire a stake in the business that also runs the luxury restaurant portfolio…