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

The Global Labor Market Conference (GLMC), has seen the signing of 31 arrangements and Memoranda of Understanding (MOU) between numerous entities, intending to provide countless training opportunities and tasks for the worldwide labor [empty] force. This agreement was signed at the second edition of the GLMC 2025, 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 focus on qualifying diverse groups, 24-Hour Loan such as new graduates, females, and people with disabilities, for appropriate employment through specialised training programmes, consisting of development, educational initiatives, management preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million young individuals are presently out of work, and almost 20 percent of individuals aged 15 to 54 are either used or taken part in education, organizations, or training programmes. Read also: Boost for entrepreneurs as IBPLC produces tasks with Hero apprenticeship initiative

These data have actually also shown that almost 40 percent of companies report difficulties in filling jobs due to an inequality between workforce abilities and labour market needs, 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 creating jobs

British Airways flight reverses as hazardous fumes make guests and crew sick

Customers’ USSD gain access to undamaged as banks settle USSD financial obligation

Highlighting the significance of these contracts, Alrajhi said „These figures highlight the immediate requirement to develop detailed strategies to address these typical difficulties successfully.“ „Transforming them into chances, ultimately we can all collaborate to make sure the prosperity of our economies, neighborhoods, and labor forces.“ The minister also kept in mind that the contracts concentrate on improving functional efficiency, fostering development, and driving worth creation in alignment with Saudi Vision 2030. Key entities involved in these arrangements include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, Bella Vista Institute of College, the Saudi Logistics Academy, the Ministry of Tourism, and www.opad.biz Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see a number of notable partnerships emerged. INSEAD will provide scholastic services, while partnerships with Space Faculty and ProFun will check out development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programmes concentrated on management advancement and capacity building. The Ministry of Tourism inked MoUs with and Arabian Airports to develop labor force qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A substantial advancement is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills among students and 24-Hour Loan the labor force, to name a few. Share
Join BusinessDay whatsapp Channel, to keep up to date

Top 10 African countries that escaped low-income status considering that 2000

Five African cities provide most budget friendly lease in 2025

Business Day, established in 2001, is a daily company newspaper based in Lagos. It is the only Nigerian paper with a bureau in Accra, Ghana. It has both day-to-day and Sunday titles. It flows in Nigeria and Ghana

Learn more …

For Digital Adverts: [email secured] Call Us:08033225506, 08026011296, 07013338794
WhatsApp Us: 08068545123
Advert And Rates
Copyright

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

LGAs monetary autonomy faces fresh hurdle on CBN demand

PDP heading for disaster in 2027, Bode George warns

© 2025 – Businessday NG. All Rights Reserved.