Egypt
Financing a Business in Egypt
Recent forum posts
-
What Role Does Professional Writing Play in Scaling a Business Successfully?
As businesses grow, communication often becomes one of the first invisible challenges. Founders and teams are busy with operations, sales, and strategy, yet the demand for clear writing only increases—whether it’s pitch decks, internal docs, case studies, or customer messaging.Professional writing helps scale ideas without diluting them. It ensures consistency in voice, clarity in strategy, an
Total Posts: 1 Last post by jeniferamanda
-
(+2347044417593) I want to join illuminati occult for power and riches
SPIRITUAL HEART OF THIS OCCULT YOU’RE CERTAIN TO BE ACCEPTED AND TRANSFORMED FROM POOR TO RICH OR RICH TO RICHER & POWERFUL .PANDORA INITIATE MEMBERS.PANDORA BROTHERHOOD knows that everyone has great potential but often many have lost their self-esteem and their desire for a better life.All of us know that we can be better than we are. We are not living up to our potential. Yet we have t
Total Posts: 1 Last post by Pandoraoccult13
Financing a Business in Egypt
With the United Arab Emirates keen to attract UK businesses to invest, the government set up the Emirates Industrial Bank, with the objective of developing the private sector for small and medium sized businesses. www.eib.ae
The organization offers the following incentives to investors:
- Arrangement of bill discounting with the commercial banks, reducing investment costs
- The provision of lease and hire purchase options from local finance companies
- The arrangement of finance for imports and exports through commercial banks for new business.
The commercial banks often still require a financial margin, which will vary according to the relationship with customers.
Free Zones
In addition to government financial assistance, UAE also offers attractive trading conditions and there are numerous free zones where the laws are relaxed or removed to encourage foreign investment. The trading benefits include:
- No foreign exchange controls
- No trade barriers or quotas
- Competitive import duties (4% with many exemptions)
- Competitive energy costs
- Competitive real estate costs
- Competitive financing costs and high levels of liquidity
- No taxes (except for oil companies and some foreign banks)
Private Finance
Although opening a bank account requires residency and may be more complicated than in Europe, the United Arab Emirates has a large banking presence and with the correct planning and preparation loans are available to new businesses. For more information, a good starting point is www.centralbank.ae
Click here to Ask an Expert about Financing a Business in Egypt