Sheikh Mansour said the competition emphasises the UAE’s keenness to empower Emirati youth, enhance their skills and enable them to excel in the labour market. Wam
Sheikh Mansour said the competition emphasises the UAE’s keenness to empower Emirati youth, enhance their skills and enable them to excel in the labour market. Wam
Sheikh Mansour said the competition emphasises the UAE’s keenness to empower Emirati youth, enhance their skills and enable them to excel in the labour market. Wam
Sheikh Mansour said the competition emphasises the UAE’s keenness to empower Emirati youth, enhance their skills and enable them to excel in the labour market. Wam

Sheikh Mansour bin Zayed attends Emirates Skills National Competition


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Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of the Presidential Court, attended the 14th Emirates Skills National Competition on Wednesday.

The event featured more than 300 Emirati students between the ages of 16 and 21, demonstrating their capabilities across 23 skill-based challenges in fields such as artificial intelligence, programming, aircraft maintenance, mobile robotics, coding and 3D printing.

The event is part of the Emirates Skills initiative that aims to raise awareness of vocational and technical education and raise the advanced technology capabilities of young Emiratis.

Sheikh Mansour was taken on a tour of the competition’s venue and briefed about the various activities and several skills in key categories.

He was also briefed about the "Programmer of the Future" initiative, which showcases the work of 100 Emirati programmers from grades six to 12.

Sheikh Mansour said the competition emphasised the UAE’s keenness to empower Emirati youths, enhance their skills and enable them to excel in the labour market.

He praised the event’s organisers and the high level of competition, which aims to discover the talent of citizens in all technical and professional areas.

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Ziina users can donate to relief efforts in Beirut

Ziina users will be able to use the app to help relief efforts in Beirut, which has been left reeling after an August blast caused an estimated $15 billion in damage and left thousands homeless. Ziina has partnered with the United Nations High Commissioner for Refugees to raise money for the Lebanese capital, co-founder Faisal Toukan says. “As of October 1, the UNHCR has the first certified badge on Ziina and is automatically part of user's top friends' list during this campaign. Users can now donate any amount to the Beirut relief with two clicks. The money raised will go towards rebuilding houses for the families that were impacted by the explosion.”

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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.

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Updated: March 16, 2023, 6:20 AM