If you use Facebook ads for your business, it's now going to cost you a little more.
In an email, the social media giant announced that a 5 per cent Value Added Tax (VAT) will be levied on online promotions targeted at UAE audience.
Additionally, business owners can claim their VAT refund once their Tax Registration Number (TRN) is updated on Facebook.
Abu Dhabi unveils major AI training programme for government and public
The Abu Dhabi Government has launched an AI training programme for every government employee as well as the wider public, built with OpenAI, Microsoft and Mohamed bin Zayed University of Artificial Intelligence (MBZUAI).
IMF reaches staff deal with Pakistan, potentially unlocking $1.2 billion
The International Monetary Fund has reached a staff-level agreement with Pakistan on reviews of some of its lending programs, potentially unlocking about $1.21 billion in financing pending board approval, the fund said on Wednesday.
African Union launches continent's first credit rating agency
The African Union launched the continent's first credit rating agency on Wednesday, seeking to provide an alternative to the "big three" global ratings agencies as debt burdens weigh on many African economies.
e& reverts to Etisalat to pay homage to 50 years in business
The UAE telecommunications group e& has reverted its name to Etisalat in an effort to return to its "roots" following its 50th anniversary.
Dubai Retail to open new mall on Al Khail Road in 2027
Dubai Retail, under Dubai Holding Asset Management, has unveiled Skylight Mall, a shopping destination set to open on Al Khail Road in 2027.
