Overview

  • Founded Date März 29, 1901
  • Sectors Health
  • Posted Jobs 0
  • Viewed 4

Company Description

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

The Global Labor Market Conference (GLMC), has witnessed the signing of 31 contracts and Memoranda of Understanding (MOU) in between different entities, aiming to offer countless training opportunities and jobs for the worldwide workforce. This arrangement 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 qualifying varied groups, such as brand-new graduates, women, and people with impairments, for appropriate work through specialised training programs, consisting of advancement, instructional efforts, management preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are presently out of work, and nearly 20 percent of individuals aged 15 to 54 are either utilized or engaged in education, organizations, or training programmes. Read likewise: Boost for business owners as IBPLC creates jobs with Hero apprenticeship initiative

These data have also revealed that almost 40 percent of employers report problems in filling vacancies 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
includes 13,000 childcare spaces, to increase to 28,000 by 2026, thus creating tasks

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

Customers‘ USSD access undamaged as banks settle USSD debt

Highlighting the significance of these arrangements, Alrajhi said „These figures highlight the immediate requirement to develop thorough strategies to attend to these typical difficulties effectively.“ „Transforming them into chances, eventually we can all collaborate to guarantee the prosperity of our economies, communities, and labor forces.“ The minister likewise kept in mind that the arrangements concentrate on boosting functional performance, fostering innovation, and driving value development in positioning with Saudi Vision 2030. Key entities included in these contracts include the Ministry 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 a number of notable 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 the Saudi Logistics Academy will provide tailored training programs concentrated on management development and capacity structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop workforce credentials and referall.us training efforts. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A considerable development is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities among students and the labor force, among others. Share
Join BusinessDay whatsapp Channel, to remain up to date

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

Five African cities use most budget-friendly lease in 2025

Business Day, established in 2001, is a daily company 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

Find out more …

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

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

LGAs financial autonomy deals with fresh hurdle on CBN need

PDP heading for disaster in 2027, Bode George alerts

© 2025 – Businessday NG. All Rights Reserved.