UAE Dirham(AED) to Indian Rupees(INR) Latest Exchange Rate Today at Al Bader Exchange Center, UAE. Al Bader Exchange started delivering its service in the year 1989, founded by Mr. Ahmed Ghuloom Abdulla Alkhoori, an Emirati national who was served as a member of the Abu Dhabi Chamber of Commerce and Industry Management. Al Bader Exchange tended to offer money exchange and remittances services.
You have just started your own business and you have already won some great customers. This is of course a fantastic step in the start-up phase. As an entrepreneur, you notice that there is a need for your product or service. Unfortunately, you are not there yet, because there is only actual turnover when the invoiced amount is on the account. In practice, unfortunately, it regularly happens that customers do not pay the invoice on time or even not at all. When you are dependent on only a few customers in a start-up phase, this can have quite unpleasant consequences.
In fact, it can have unpleasant consequences for the continuity of your business if you are unable to pay your salary and bills as a result. In other words, this is another risk that you may not be able to bear yourself. In that case, it is also wise to take out company insurance. The name for this business insurance policy is credit insurance. This covers the risk hidden in your debtor portfolio. The so-called debtor risk.
It is good to know that you can also take a number of measures yourself to reduce this risk. For example, you can check the creditworthiness well in advance look at your potential customer. You can of course have this done. Is it a legal person? Then you can also request the financial data yourself from the Chamber of Commerce (Chamber of Commerce). A legal entity is obliged to file the annual accounts with the Chamber of Commerce. With this information, you will gain insight into the profit and loss account and the balance sheet of the company concerned. This allows you to form a good picture of the creditworthiness of the company in question. If the company is less creditworthy, you can take the correct measures in advance. Consider, for example, pre-payment or weekly invoicing. Credit insurance often includes the option to do a creditworthiness check as standard.
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The World Bank praised the steps taken by the UAE on the path to granting women their economic rights, and their equality with men in rights and duties within the workplace.
The World Bank published on its website yesterday a special report on the economic empowerment of women and the rights of working women in the Emirates, describing the UAE’s ambitions for economic empowerment of women as overwhelming and that the sky is only its limit. Her priorities.
The report added that the UAE implemented historic legal amendments in 2019, led by the Emirates Council for Gender Balance, in order to improve levels of economic empowerment for women. These amendments included equality between women and men in the right to apply for passports, allowing women to assume responsibility for the family, and the prohibition of discrimination against women. The gender basis for hiring jobs, excluding pregnant women, and removing restrictions imposed on the hiring of women in some sectors, such as mining.
The report stated that in recent years the UAE has undertaken a package of wide-ranging legal changes with regard to encouraging women to participate in the state’s workforce.
The report stated that the latest step in this package was the UAE’s announcement last year of amendments providing for a worker in the private sector to be granted “parental leave” with pay for a period of five working days to care for his child, due from the date of the child’s birth until the completion of 6 months.
The report praised this step and described it as historic, as the UAE has become the first and only country so far in the Middle East and North Africa that gives workers in the private sector “parental leave” with pay.
His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the State, may God protect him, issued on August 31 the decree by a federal law amending some provisions of the Law on Regulating Labor Relations, through which the worker in the private sector was granted a paid leave to care for his child.
The report indicated that all these positive steps by the UAE government to enhance women’s economic empowerment gave the UAE a huge leap in its balance on the “Women, Work and Law 2021” index, issued by the World Bank at the end of last month, as the UAE obtained a score of 82.5 out of 100 scores, compared to 30 in the 2019 edition