Egypt, Qatar discuss ways of enhancing future cooperation zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Egypt and Saudi Arabia are considering the possibility of using local currencies in part of their trade exchange during the coming period, according to the head of the Commercial Representation Authority of the Egyptian Ministry of Trade and Industry Yahya Al-Wathiq Billah, Asharq Business reported.
China’s increasing economic influence and the high price of the US dollar, which has increased amid increasing interest rates to tame inflation, have led some economies to switch to cheaper yuan-denominated transactions.