A Thailand court has agreed to extradite a Briton to the UAE to face charges of embezzling $150m dollars from a property company in Dubai, despite having no formal extradition treaty with the Arab state.

Michael Bryan Smith was arrested in Bangkok in May last year after spending eight months on the run.

'The court has decided to extradite him to the UAE,' a judge at Bangkok criminal court told AFP. 'Even though Thailand and the UAE do not have an extradition treaty, the UAE has expressed the willingness to do favours if Thailand asks in future.'