Company Overview
-
Categories Support
-
Founded 1995
Company Description
Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities
The Global Labor Market Conference (GLMC), has actually experienced the signing of 31 arrangements and Memoranda of Understanding (MOU) in between numerous entities, intending to supply countless training chances and tasks for the global labor 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, together with 40 labour ministers. According to the ministers, these initiatives will concentrate on certifying diverse groups, such as brand-new graduates, women, and people with impairments, for appropriate employment through specialised training programs, consisting of development, academic efforts, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are presently unemployed, and almost 20 percent of people aged 15 to 54 are either employed or engaged in education, institutions, or training programs. Read also: Boost for business owners as IBPLC creates tasks with Hero apprenticeship effort
These statistics have likewise shown that nearly 40 percent of companies report difficulties in filling jobs due to a mismatch in between workforce skills and labour market needs, with youth unemployment going beyond 30 percent in some areas internationally. Related News
Canadian province adds 13,000 kid care areas, to increase to 28,000 by 2026, therefore producing jobs
British Airways flight reverses as hazardous fumes make passengers and team sick
Customers’ USSD gain access to undamaged as banks settle USSD debt
Highlighting the significance of these contracts, Alrajhi stated “These figures highlight the immediate requirement to develop extensive techniques to address these common obstacles efficiently.” “Transforming them into opportunities, eventually we can all interact to guarantee the prosperity of our economies, communities, and labor forces.” The minister likewise kept in mind that the contracts focus on improving operational efficiency, fostering development, and driving value development 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 Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see numerous noteworthy cooperations emerged. INSEAD will offer academic services, while collaborations with Space Faculty and ProFun will explore development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programmes focused on management development and . The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop workforce certifications and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A significant development is the establishment of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities amongst trainees and the labor force, to name a few. Share
Join BusinessDay whatsapp Channel, to keep up to date
Top 10 African nations that escaped low-income status considering that 2000
Five African cities use most budget friendly lease in 2025
Business Day, established in 2001, is a daily business newspaper based in Lagos. It is the only Nigerian newspaper with a bureau in Accra, Ghana. It has both everyday and Sunday titles. It circulates in Nigeria and Ghana
Learn more …
For Digital Adverts: [email protected] 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 obstacle on CBN demand
PDP heading for referall.us disaster in 2027, Bode George cautions
© 2025 – Businessday NG. All Rights Reserved.