Something About Company

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

The Global Labor Market Conference (GLMC), has actually witnessed the signing of 31 contracts and Memoranda of Understanding (MOU) between numerous entities, aiming to offer countless training opportunities and tasks for the worldwide workforce. This arrangement was signed at the second edition of the GLMC 2025, launched 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 focus on qualifying diverse groups, such as brand-new graduates, females, and individuals with impairments, for ideal employment through specialised training programs, including development, academic initiatives, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million young individuals are presently unemployed, and referall.us nearly 20 percent of people aged 15 to 54 are either used or engaged in education, institutions, or training programs. Read likewise: Boost for business owners as IBPLC produces jobs with Hero apprenticeship effort

These statistics have actually also shown that nearly 40 percent of employers report difficulties in filling vacancies due to a mismatch between labor force skills and labour market demands, with youth unemployment exceeding 30 percent in some areas internationally. Related News
Canadian province includes 13,000 child care spaces, to increase to 28,000 by 2026, hence producing jobs

British Airways flight reverses as harmful fumes make passengers and team sick

Customers’ USSD access intact as banks settle USSD financial obligation

Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the immediate requirement to develop detailed techniques to resolve these common obstacles effectively.” “Transforming them into chances, eventually we can all interact to make sure the prosperity of our economies, neighborhoods, and labor forces.” The minister also kept in mind that the contracts focus on boosting functional performance, promoting innovation, and driving worth production in alignment with Saudi Vision 2030. Key entities included in these agreements consist of 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 partnerships emerged. INSEAD will supply academic services, while partnerships with Space Faculty and ProFun will explore development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programmes focused on management advancement and capability building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish labor force qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A substantial advancement is the facility of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities among students and the workforce, to name a few. Share
Join BusinessDay whatsapp Channel, to remain up to date

Top 10 African countries that left low-income status because 2000

Five African cities provide most budget-friendly rent in 2025

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

Read 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 deals with fresh hurdle on CBN demand

PDP heading for catastrophe in 2027, Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.