Court orders Dubai ruler to pay ex-wife $728m divorce settlement

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Court orders Dubai ruler to pay ex-wife $728m divorce settlement

A UK has ordered the ruler of Dubai Emirate, Sheikh Mohammed bin Rashid al-Maktoum, to pay his ex-wife, Princess Haya bint al-Hussein, a whooping divorce settlement of $728 million (£500 million).

The court also ordered an upfront payment of $333 million (£251.5 million) that is due in the next three months.

The settlement, which is one of the largest divorce settlements ever handed down by a court, will be used to cover Princess Haya’s security costs for the rest of her life.

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The settlement will also be used to cater for ongoing costs for the couple’s two children, Al Jalila Bint Mohammed Bin Rashid Al Maktoum and Sheikh Zayed Bin Mohammed Bin Rashid Al Maktoum.

Delivering judgement on Tuesday, Mr. Justice Moor held that the biggest threat facing Princess Haya and her children was from “Sheikh Mohammed himself, not from outside sources.”

The court also ruled that Sheikh Mohammed should pay the annual security costs for his two children, aged 14 and nine years for the rest of their lives or until a further court order is issued.

Periscope International recalls that Princess Haya had fled Dubai to Britain in April 2019 with her two children and filed a lawsuit against her estranged husband bordering on ill treatment, seeking divorce and settlements.

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