Overview
-
Founded Date June 2, 2000
-
Specializations Coding
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 arrangements and Memoranda of Understanding (MOU) between different entities, aiming to offer thousands of training opportunities and jobs for the international labor force. This agreement 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, in addition to 40 labour ministers. According to the ministers, these initiatives will concentrate on certifying diverse groups, such as brand-new graduates, women, and people with disabilities, employment for suitable work through specialised training programmes, including development, instructional initiatives, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are presently jobless, and nearly 20 percent of individuals aged 15 to 54 are either employed or engaged in education, organizations, or training programmes. Read also: Boost for employment entrepreneurs as IBPLC produces jobs with Hero apprenticeship effort
These statistics have actually likewise revealed that nearly 40 percent of companies report difficulties in filling jobs due to a mismatch between labor force skills and labour market needs, with youth unemployment exceeding 30 percent in some areas worldwide. Related News
Canadian province adds 13,000 kid care spaces, to increase to 28,000 by 2026, thus producing tasks
British Airways flight reverses as poisonous fumes make travelers and crew sick
Customers’ USSD gain access to intact as banks settle USSD financial obligation
Highlighting the significance of these contracts, Alrajhi said “These figures highlight the urgent need to develop thorough techniques to resolve these common difficulties effectively.” “Transforming them into opportunities, ultimately we can all work together to guarantee the prosperity of our economies, neighborhoods, and workforces.” The minister likewise kept in mind that the on boosting functional efficiency, promoting innovation, and driving worth development in alignment with Saudi Vision 2030. Key entities involved 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, employment the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see numerous notable cooperations emerged. INSEAD will provide academic services, while collaborations with Space Faculty and ProFun will check out development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programs focused on management advancement and capacity structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish labor force qualifications and training efforts. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship development. A substantial development is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities among students and the workforce, among others. Share
Join BusinessDay whatsapp Channel, to stay up to date
Top 10 African countries that got away low-income status since 2000
Five African cities use most budget-friendly rent in 2025
Business Day, developed in 2001, is an everyday company newspaper based in Lagos. It is the only Nigerian paper with a bureau in Accra, Ghana. It has both everyday and Sunday titles. It distributes 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 monetary autonomy faces fresh obstacle on CBN need
PDP heading for disaster in 2027, Bode George cautions
© 2025 – Businessday NG. All Rights Reserved.