Sheikh Mohammed bin Rashid al-Maktoum, the billionaire ruler of Dubai, must pay about £554m in child maintenance and security costs to his estranged wife Princess Haya and their two children, in what is believed to be the largest post-divorce financial settlement awarded by an English court.
Mr Justice Moor said on Tuesday the Dubai ruler must pay a lump sum of £251.5m in three months, which will include the cost of the princess’s security for her lifetime. He must also provide a…