Abu Dhabi’s DIAFA acquires majority stake in Richard Caring restaurant empire | The National

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Source: The National (UAE)
Published: 2026-04-12 17:07 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Food & Agriculture, Business & Economy
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Snippet:
Abu Dhabi-based DIAFA completed a majority acquisition of Richard Caring's hospitality portfolio in a transaction the company described as being worth in the 10 figures, implying a value of at least £1 billion ($1.3 billion).
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