Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities

The Global Labor Market Conference (GLMC), has actually seen the finalizing of 31 agreements and Memoranda of Understanding (MOU) in between different entities, intending to supply countless training chances and jobs for the international workforce. This agreement was signed at the 2nd edition of the GLMC 2025, employment introduced in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, the Minister of Human Resources and Social Development, along with 40 labour ministers. According to the ministers, these initiatives will concentrate on qualifying diverse groups, such as new graduates, females, and people with impairments, for ideal work through specialised training programs, consisting of development, instructional efforts, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are currently unemployed, employment and almost 20 percent of people aged 15 to 54 are either utilized or employment taken part in education, organizations, or training programs. Read also: Boost for entrepreneurs as IBPLC develops jobs with Hero apprenticeship effort

These statistics have also shown that nearly 40 percent of companies report difficulties in filling vacancies due to an inequality between workforce skills and labour market demands, with youth unemployment going beyond 30 percent in some regions internationally. Related News
Canadian province includes 13,000 childcare areas, to increase to 28,000 by 2026, therefore producing jobs

British Airways flight turns back as hazardous fumes make guests and crew ill

Customers' USSD access undamaged as banks settle USSD financial obligation

Highlighting the significance of these arrangements, Alrajhi said "These figures highlight the immediate requirement to establish detailed techniques to deal with these typical difficulties successfully." "Transforming them into chances, ultimately we can all collaborate to guarantee the success of our economies, communities, and workforces." The minister likewise kept in mind that the agreements focus on boosting operational efficiency, fostering innovation, and driving value production in alignment with Saudi Vision 2030. Key entities included in these arrangements include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), employment Takamol Holding, INSEAD, UiPath, employment Bella Vista Institute of Higher Education, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC's MOU will see several notable partnerships emerged. INSEAD will supply academic services, while collaborations with Space Faculty and ProFun will check out innovation and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programmes focused on leadership development and employment capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to labor force credentials and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A considerable advancement is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities amongst students and the workforce, to name a few. Share
Join BusinessDay whatsapp Channel, to keep up to date

Top 10 African nations that left low-income status given that 2000

Five African cities offer most cost effective lease in 2025

Business Day, developed in 2001, is a daily service newspaper based in Lagos. It is the only Nigerian newspaper with a bureau in Accra, Ghana. It has both everyday and Sunday titles. It distributes in Nigeria and Ghana

Learn more ...

For Digital Adverts: [e-mail protected] Call Us:08033225506, 08026011296, 07013338794
WhatsApp Us: 08068545123
Advert And employment Rates
Copyright

BDFX.
About Us.
BD Foundation.
BusinessDay Intelligence.
BusinessDay Conferences & Events

LGAs monetary autonomy faces fresh difficulty on CBN need

PDP heading for disaster in 2027, Bode George warns

© 2025 - Businessday NG. All Rights Reserved.