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

The Global Labor Market Conference (GLMC), has experienced the finalizing of 31 contracts and Memoranda of Understanding (MOU) between various entities, employment intending to provide countless training chances and tasks for the international workforce. This arrangement was signed at the second edition of the GLMC 2025, released 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, employment these initiatives will concentrate on qualifying diverse groups, such as new graduates, ladies, and individuals with specials needs, for appropriate employment through specialised training programmes, consisting of advancement, academic efforts, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are currently out of work, and almost 20 percent of people aged 15 to 54 are either used or participated in education, employment organizations, or training programmes. Read also: employment Boost for entrepreneurs as IBPLC develops tasks with Hero apprenticeship effort

These data have also revealed that nearly 40 percent of companies report troubles in filling vacancies due to an inequality in between workforce abilities and labour market needs, with youth unemployment going beyond 30 percent in some regions worldwide. Related News
Canadian province includes 13,000 child care areas, to increase to 28,000 by 2026, thus producing tasks

British Airways flight reverses as hazardous fumes make passengers and crew ill

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

Highlighting the significance of these arrangements, Alrajhi stated “These figures highlight the immediate need to develop extensive methods to resolve these typical difficulties successfully.” “Transforming them into chances, eventually we can all work together to make sure the success of our economies, neighborhoods, and labor forces.” The minister also kept in mind that the agreements concentrate on improving operational performance, cultivating development, and driving worth production in positioning with Saudi Vision 2030. Key entities associated with these agreements 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 a number of noteworthy collaborations emerged. INSEAD will provide academic services, while collaborations with Space Faculty and ProFun will explore innovation and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programs focused on management development and capability structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop workforce qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A significant development is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities among students and employment the workforce, to name a few. Share
Join BusinessDay whatsapp Channel, to stay up to date

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

Five offer most budget friendly lease in 2025

Business Day, established in 2001, is an everyday company paper based in Lagos. It is the only Nigerian newspaper 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: [e-mail 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 need

PDP heading for catastrophe in 2027, Bode George warns

© 2025 – Businessday NG. All Rights Reserved.