Ivy founder in Middle East deal

Richard Caring, the entrepreneur behind The Ivy, Rivington Grill and Scott's has signed a joint venture with Jumeirah, the Dubai-based hotels and leisure business. The deal allows Jumeirah to open restaurants under the Caring brands. There is already a Rivington grill in Dubai, which opened in 2008. It is understood Caring's holding company, Caprice, will provide senior staff on a consultancy basis. The aim is to “pay tribute” to the restaurants rather than produce replicas, say those close to the process. Caring has an estimated fortune of £350m.