The Kingdom has eased coronavirus lockdown restrictions, resuming domestic flights, allowing travel between cities in private vehicles, restarting Friday prayers and allowing workers back into their offices if social distancing can be maintained.

In other news, SAR150 billion ($40 billion) were transferred from the Saudi Arabian Monetary Authority’s foreign exchange reserves to the Kingdom’s Public Investment Fund (PIF) in March and April as the Kingdom looks to capitalise on reduced markets.

To read about this and more of the week’s news from the Kingdom, click here.

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