Here are the latest developments since Saudi Arabia began a new "anti-corruption" purge:

A special Ministry of Finance account has been opened to receive such funds, which the public prosecutor's office has estimated should eventually total between $50bn and $100bn, Minister of Commerce and Investment Majid bin Abdullah al-Qasabi said.

Saudi has completed main wave of arrests. The country is preparing to channel billions of dollars of seized funds into economic development projects, a Saudi minister said on Monday.

One of the sources, who was approached for the loan, said it would have been worth roughly 5bn riyals ($1.3bn).

Report alleges detainees injury. Citing sources close to Saudi Arabia's royal court, Middle East Eye reported on Sunday that some of the Saudi royals detained have been hospitalised.

Credit risk surges in Saudi Arabia. The cost of insuring debt in Saudi Arabia is at a 22-month high, according to data published by Bloomberg on Sunday.

Some banks in Bahrain had also been asked to provide information on any accounts held by Saudi citizens caught up in the anti-graft campaign.

Kuwait banks told to examine Saudi accounts. Kuwaiti banks have been told by the central bank to provide account details relating to some Saudi Arabian nationals, sources familiar with the situation told Reuters on Monday.

Saudi UN envoy: Detainees to get due process. Speaking at a press conference at UN headquarters in New York on Monday, Abdallah al-Mouallim assured that the detainees would be granted due process.

Saudi Arabia striking deals with people held. Saudi authorities are striking agreements with some of those held, asking them to hand over assets and cash in return for their freedom, Reuters reported.

"It raises a few concerns until we see more clearly how these particular individuals are dealt with," Tillerson added.

Tillerson concerned over Saudi purge. Saudi Arabia's Crown Prince Mohammed bin Salman's recent political purge raises concerns and remains unclear but does not appear to amount to mass arrests, US Secretary of State Rex Tillerson said on Friday.

Fake photos of detained royals. Photos shared on social media of Saudi Prince Al Waleed bin Talal and other royals detained in the anti-corruption purge appeared to be mockups for an upcoming TV show.

Ghanem, however, declined to comment on specific legal proceedings in the Kingdom.

World Bank applauds fighting corruption. Hafez Ghanem, vice president of the World Bank for the Middle East and North Africa told Arab News on Saturday that fighting corruption is important for development in Saudi Arabia.

GCC stock markets tank. Total market capitalisation for the region has fallen to its lowest level since 2016, as per Bloomberg's data published on Friday.

King Salman appoints more judges. Saudi Arabia's king issued a royal order on Thursday to appoint and promote 50 judges at the Board of Grievances, the state news agency SPA said.

Tillerson speaks to al-Jubeir. US Secretary of State Rex Tillerson has spoken to Saudi Foreign Minister Adel Al Jubeir about the situation in Saudi Arabia, US State Department spokeswoman Heather Nauert said on Thursday.

Seven released without charge. Saudi Arabia's Attorney General Saud al-Mojeb said in a statement on Thursday that seven people were released without charge, while 201 people remain detained.

Al-Mojeb also said: "To ensure individuals enjoy full legal rights under Saudi law, no more personal info to be revealed at this time."

King Salman appoints new judges. Saudi Arabia's king issued a royal order on Thursday that promoted 26 judges and appointed 30 others at different levels of the judiciary, the state news agency SPA said.