Something About Company

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

The Global Labor Market Conference (GLMC), has witnessed the finalizing of 31 arrangements and Memoranda of Understanding (MOU) between different entities, job intending to offer countless training chances and tasks for the international labor force. This agreement was signed at the 2nd 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 efforts will focus on certifying varied groups, such as brand-new graduates, job ladies, and people with impairments, for ideal work through specialised training programs, including development, academic efforts, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are currently out of work, and almost 20 percent of individuals aged 15 to 54 are either used or taken part in education, job organizations, or training programmes. Read likewise: Boost for business owners as IBPLC develops tasks with Hero apprenticeship effort

These data have actually also revealed that almost 40 percent of companies report difficulties in filling vacancies due to an inequality between workforce skills and labour market demands, with youth unemployment exceeding 30 percent in some areas internationally. Related News
Canadian province adds 13,000 childcare areas, to increase to 28,000 by 2026, hence producing tasks

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

Customers’ USSD access undamaged as banks settle USSD financial obligation

Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the urgent requirement to establish comprehensive methods to deal with these common obstacles successfully.” “Transforming them into chances, ultimately we can all work together to ensure the success of our economies, communities, and labor forces.” The minister also kept in mind that the arrangements concentrate on improving operational performance, promoting development, and driving value creation in alignment with Saudi Vision 2030. Key entities included in these contracts consist of the of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, 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 noteworthy partnerships emerged. INSEAD will offer academic services, while partnerships with Space Faculty and ProFun will check out innovation and knowledge sharing. Bella Vista Institute and job the Saudi Logistics Academy will deliver tailored training programs focused on leadership development and capability building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop workforce credentials and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A considerable advancement is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills amongst students and the workforce, amongst others. Share
Join BusinessDay whatsapp Channel, to keep up to date

Top 10 African countries that got away low-income status since 2000

Five African cities use most inexpensive lease in 2025

Business Day, developed in 2001, is a day-to-day 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 flows in Nigeria and Ghana

Find out more …

For Digital Adverts: [e-mail 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 difficulty on CBN need

PDP heading for catastrophe in 2027, Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.