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.
Tesla promises 'more affordable' cars after shelving all-new Model 2
Tesla said it would introduce "new models" by early 2025 using its current platforms and production lines as it retreated from more ambitious plans to produce an all-new model that had been expected to cost $25,000.
UAE, Oman establish investment partnerships worth AED 129 billion
The UAE and Oman have agreed to establish investment partnerships worth AED 129 billion.
Spinneys sets IPO price range at AED1.42-AED1.53
Supermarket chain Spinneys is seeking to raise as much as $375 million from the sale of a 25 per cent stake in an initial public offering, it disclosed on Tuesday.
Meta opens Quest operating system to third-party device makers
Meta Platforms is sharing its Quest headset's operating system with rival device makers, including Microsoft, for the first time, it said on Monday, as it works to extend its influence over the emerging virtual and mixed reality industry.
UAE calls for international collaboration to solve global challenges
The United Arab Emirates has committed to further global collaboration to find solutions to worldwide issues during the 2024 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) held in Washington D.C.
