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) in between various entities, intending to supply thousands of training opportunities and tasks for the international workforce. This contract 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 efforts will focus on certifying varied groups, such as new graduates, ladies, and people with specials needs, for appropriate employment through specialised training programmes, including development, educational efforts, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), 67 million young individuals are currently jobless, and nearly 20 percent of individuals aged 15 to 54 are either employed or taken part in education, organizations, or training programs. Read also: Boost for business owners as IBPLC produces jobs with Hero apprenticeship initiative

These stats have also revealed that nearly 40 percent of companies report troubles in filling jobs due to a mismatch between workforce abilities and labour market needs, with youth joblessness exceeding 30 percent in some regions worldwide. Related News
Canadian province adds 13,000 childcare areas, to increase to 28,000 by 2026, therefore creating tasks

British Airways flight turns back as harmful fumes make passengers and team ill

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

Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the urgent need to develop thorough methods to resolve these typical obstacles effectively.” “Transforming them into opportunities, eventually we can all interact to guarantee the success of our economies, communities, and workforces.” The minister likewise noted that the agreements focus on enhancing operational performance, promoting development, and driving value production 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 numerous notable partnerships emerged. INSEAD will offer scholastic services, while partnerships with Space Faculty and ProFun will explore development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programs concentrated on leadership development and capability building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish workforce qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A considerable development is the facility of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities among trainees and the labor force, amongst others. Share
Join BusinessDay whatsapp Channel, to stay up to date

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

Five African cities provide most budget-friendly rent in 2025

Business Day, established in 2001, is a day-to-day company paper based in Lagos. It is the only Nigerian paper with a bureau in Accra, Ghana. It has both daily and Sunday titles. It flows in Nigeria and Ghana

Read More …

For referall.us 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 financial autonomy faces fresh obstacle on CBN demand

PDP heading for catastrophe in 2027, Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.