Saudi Prince Miteb bin Abdullah has been released more than three weeks after he was detained on allegations of corruption, officials say. Prince Miteb, once seen as a contender to the throne, was freed after agreeing an "acceptable settlement" with authorities of more than $1bn (£750m).

He is one of more than 200 political and business figures detained in anti-corruption raids on 4 November. Three other people have also reached settlements with the Saudi government.

Prince Miteb, who is the cousin of Crown Prince Mohammed bin Salman and headed Saudi Arabia's elite National Guard, was the most politically influential royal detained in the corruption crackdown. Corruption is rampant in Saudi Arabia with bribes, sweeteners and lavish kickbacks having long been an integral part of doing business in the world's richest oil-producing nation.