Latest news with #Dh349
The National
04-03-2025
- Business
- The National
Best photos of March 4: Heavy snow in Korea to Bolivia's indigenous carnival
• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It's e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps. • Business Bay's Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile. • Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online 'easier, faster and smoother' via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale. • 2checkout's 'all-in-one payment gateway and merchant account' accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users. • PayPal is probably the best-known online goods payment method - usually used for eBay purchases - but can be used to receive funds, providing everyone's signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.
Khaleej Times
12-02-2025
- Business
- Khaleej Times
UAE: Gold prices drop further after precious metal surpassed $2,900 this week
Gold prices fell further at the opening of the markets in Dubai on Wednesday as the global precious metal slipped below $2,900 per ounce. At 9am UAE time, 24K fell to Dh347.75 per gram on Wednesday compared to last night's close of Dh349 per gram. Among the other variants, 22K, 21K and 18K fell to Dh323.5, Dh310.25 and Dh266 per gram, respectively. Globally, spot gold was trading at $2,885.41 per ounce, down 0.73 per cent at 9am UAE time. Samer Hasn, senior market analyst at said gold surpassed $2,900 per ounce for the first time in history this week. 'Gold's gains come as more chapters of the trade war unfold with Donald Trump talking about his intention to impose more tariffs, including on all steel and aluminium imports,' he said. The US President announced a 25 per cent tariff on imports of these metals, in addition to imposing retaliatory tariffs for these on US imports. The US imports a quarter of its steel needs and half of its aluminium, with Canada supplying 79 per cent. The US also has the capacity of only 1.73 per cent of the global smelting industry for this metal. 'What we have seen from the beginning of Trump's trade escalation may only be the beginning of a wider war, which could expand to include the European Union and South Korea. Trump's steps will also be met with countermeasures from targeted countries, which in turn could drag Trump into an even broader escalation than before,' he said. 'We must see what Trump will do, not what he says. So far, he has not taken any real steps to implement either of the previous two ideas, which would have catastrophic consequences,' said Hasn.
