FUJAIRAH // More than 220 companies and educational institutions from around the world will take part in Fujairah International Career and Education Fair this year, which will be held between April 26 and 28.
The three-day fair, at the Fujairah Exhibitions Centre, will host 40 speakers and experts in different fields, including education, human capital, sustainability and innovation, with about 35,000 people expected to attend.
The event will bring together GCC and international experts in the fields of education and employmen and has the goal to provide graduates with job opportunities, as well as promoting the partnership between educational and employment entities.
The fair will be held under the patronage of Sheikh Hamad Al Sharqi, Supreme Council Member and Ruler of Fujairah, and is organised by Fujairah Human Resources Department.
rhaza@thenational.ae
Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
COMPANY PROFILE
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