London court orders Dubai ruler to pay ‘record’ divorce settlement

The ruler of Dubai was on Tuesday ordered to pay his former wife and children around £550 million ($730 million) in what is thought to be the highest divorce settlement set by an English court. Sheikh Mohammed bin Rashid Al-Maktoum was told he must pay Princess Haya Bint Al Hussein, a half-sister of Jordan’s King Abdullah II, a lump sum of £251.5 million and provide a bank guarantee of £290 million to cover the children’s maintenance and security as adults.

The 72-year-old ruler of the emirate of Dubai has been locked in a lengthy and bitter legal battle with his 47-year-old former wife, who lives in London with their two children, aged 13 and nine. Judge Philip Moor said the massive settlement was partly to ensure security, due to the risk of the children’s abduction by their father, who is also vice-president and prime minister of the United Arab Emirates.



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