Elevatepalestine

Something About Company

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

The Global Labor Market (GLMC), has actually experienced the finalizing of 31 arrangements and Memoranda of Understanding (MOU) in between various entities, employment intending to offer countless training chances 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, along with 40 labour ministers. According to the ministers, these initiatives will focus on qualifying varied groups, such as new graduates, ladies, and individuals with disabilities, for suitable employment through specialised training programmes, consisting of development, educational efforts, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million young people are currently jobless, and almost 20 percent of individuals aged 15 to 54 are either employed or taken part in education, organizations, or training programmes. Read also: Boost for entrepreneurs as IBPLC produces jobs with Hero apprenticeship effort

These stats have also shown that almost 40 percent of employers report problems in filling vacancies due to an inequality in between workforce abilities and labour market demands, with youth unemployment surpassing 30 percent in some regions internationally. Related News
Canadian province includes 13,000 childcare spaces, to increase to 28,000 by 2026, hence producing jobs

British Airways flight reverses as harmful fumes make travelers and crew ill

Customers’ USSD gain access to undamaged as banks settle USSD debt

Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the urgent need to establish detailed techniques to deal with these typical difficulties effectively.” “Transforming them into opportunities, eventually we can all work together to ensure the prosperity of our economies, neighborhoods, and workforces.” The minister also noted that the contracts concentrate on improving operational efficiency, fostering development, and driving value creation in alignment with Saudi Vision 2030. Key entities involved in these contracts consist of 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 noteworthy partnerships emerged. INSEAD will provide scholastic services, while partnerships with Space Faculty and ProFun will check out development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programs focused on leadership development and capability structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop workforce qualifications and training efforts. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship development. A significant development is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities among students and the labor force, among others. Share
Join BusinessDay whatsapp Channel, to stay up to date

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

Five African cities offer most economical rent in 2025

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

Learn more …

For Digital Adverts: [e-mail protected] Call Us:08033225506, employment 08026011296, 07013338794
WhatsApp Us: 08068545123
Advert And Rates
Copyright