10 demands for Emirati entrepreneurs to support national companies during 2025

Emirati entrepreneurs have identified 10 main demands to support small and medium-sized companies that are 100% owned by citizens, during the year 2025, the most important of which is demanding that banks provide facilities for financing national projects, and reducing the risk of financing Emirati companies.

They pointed out that banks do not provide sufficient support and assistance in financing operations for Emirati companies, and they also impose a high risk rate of up to 70%.

They called for facilitations in government tenders, granting national companies a preferential advantage, and allocating part of the national content program that aims to support industry and redirecting a larger portion of procurement and service expenses to national companies with several facilities, stressing also the importance of reducing government fees for national companies during the year 2025.

In detail, the Emirati entrepreneur, Ibrahim Bin Shaheen, called on banks to support Emirati national companies more by reducing the risk rate imposed on financing Emirati companies, explaining that “banks do not provide adequate support and support for financing Emirati companies, and they also impose a single risk rate on… Financing Emirati and foreign companies.

Bin Shaheen explained that “banks place a high risk rate of up to 70% on financing Emirati and foreign companies alike, which raises the cost of financing significantly and limits financing to national companies,” calling on banks to show flexibility in financing national companies and reduce the risk rate. The financing of national companies reaches 30%, for example, which reduces the cost of financing and increases the number of national projects financed by the banking sector.

He called for a commitment to reduce government fees, after the approval of the corporate tax by 9%, explaining that some government agencies committed to reducing fees, after the approval of the tax.

Bin Shaheen also called for the establishment of a government office to support troubled companies, which were previously successful, and faltered for reasons beyond their control, with the aim of providing support and financial assistance to them, after evaluating their performance and verifying that these companies have been successful throughout their journey and that they support the state’s economy.

He noted that “the year 2024 witnessed important strategic partnerships between major international companies and local companies to support entrepreneurs, which contributed to strengthening small and medium-sized national companies.”

For his part, the entrepreneur, Muhammad Al-Harmoudi, called for providing facilities for small and medium-sized companies that are 100% owned by citizens, in entering government tenders, giving national companies a preferential advantage, and allocating part of the National Content Program, which aims to support the industry to national companies and redirect a larger portion of Purchases and services expenses to national companies with various facilities.

Al-Harmoudi explained that “some national startup companies need support from government agencies organizing tenders, especially since the number of foreign companies entering government tenders is large, which makes the opportunities for national companies very slim.”

He called for holding periodic meetings between the concerned government agencies and national companies, to discuss the most important obstacles they face and ways to solve them, stressing that the year 2024 witnessed a greater trend of government companies purchasing the products of national companies. He also called for maximizing this trend during the coming period, especially since the companies are committed to production and quality standards. The high.

For his part, entrepreneur Mansour Ahli called for reducing fees on national companies during the year 2025, especially labor and labor fees, explaining that these fees are high and constitute a large burden on old and new citizen entrepreneurs.

He explained that “labor card fees are high, and charging employers fees and fines for a worker’s failure to pay unemployment insurance, and fees and fines for a worker escaping and working elsewhere are unjustified, especially since they are the responsibility of the worker and not the employer.”

My family stressed the importance of reducing labor recruitment expenses and having a balance in employment contracts between the obligations of employers and workers.

My family also called for more facilities in bank financing for national factories, in order to continue working and making expansions, in addition to the importance of having government support for national factories with regard to the cost of electricity and energy consumption, stressing the importance of increasing the volume of purchases from national factories, and the existence of a link between local departments. In various emirates of the country to support citizen entrepreneurs and facilitate their work.

Ahli confirmed that the year 2024 witnessed great support from government agencies, especially Dubai Police, to purchase the products of national factories and citizen entrepreneurs, which contributed to supporting them and helping them develop their businesses significantly.

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Demands to support entrepreneurs

1- Showing flexibility in financing national companies, and reducing the risk rate on corporate financing.

2- Facilitations in government tenders, and granting national companies a preferential advantage.

3- Allocating part of the national content program and redirecting a larger portion of purchases and services to national companies.

4- Reducing government fees for national companies during the year 2025, especially after the adoption of the corporate tax at 9%.

5 – Government support for national factories regarding the cost of electricity and energy consumption.

6- Reducing labor recruitment expenses.

7- There is a balance in employment contracts between the obligations of employers and workers.

8- Establishing a government office to support distressed companies.

9- Holding periodic meetings between government agencies and national companies, to discuss the obstacles they face and ways to solve them.

10- Linking local departments in the various emirates of the country to support citizen entrepreneurs and facilitate their work.