Dubai ruler to pay Princess Haya $730 mn in UK's biggest divorce settlement

It's being dubbed as the most expensive divorce settlements in Britain's history.

A British court has ordered the ruler of Dubai to pay his ex-wife and their children close 550 million pounds or $730 million in divorce settlement.

A High Court judge said Sheikh Mohammed bin Rashid Al Maktoum must pay 251.5 million pounds to his UK-based sixth wife, Princess Haya Bint Al Hussein. The Sheikh will also have to make ongoing payments for their children underpinned by a bank guarantee of 290 million pounds.

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The settlement includes 11 million pounds a year to cover security costs for Princess Haya and the children while they are minors.

The estranged couple have a 14-year-old daughter Jalila and a nine-year-old son Zayed.

The settlement includes 11 million pounds a year to cover security costs for Princess Haya and the children while they are minors.

47-year-old Princess Haya fled to the UK in 2019 and sought custody of her two children through the British courts.

The princess, who is the daughter of the late King Hussein of Jordan, married the Sheikh in 2004. She later reportedly began an affair with one of her bodyguards, and asked the Sheikh for a divorce in 2019.

The settlement includes a holiday budget of 5.1 million pounds, an annual sum of just over 4,50,000 pounds for the children’s staff and around 2,75,000 pounds for their animals, including two ponies and a horse.