Riyadh Prepares To Host The Second Global Labor Market Conference Under King Salman's Patronage

Under the patronage of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, the Ministry of Human Resources and Social Development will host the 2nd edition of the Global Labor Market Conference (GLMC) in Riyadh on January 29-30, 2025. Minister of Human Resources and Social Development Eng. Ahmed Al-Rajhi expressed appreciation for the generous sponsorship and emphasized its positive impact on the Kingdom's efforts to modernize labor market practices, bringing them in line with international standards.

The conference aims to serve as a global platform for dialogue, addressing opportunities and challenges in labor markets. It seeks to develop strategic solutions that align with the ambitious goals of Saudi Arabia's Vision 2030. The event will play a crucial role in solidifying GLMC's position as a premier platform dedicated to labor market research.

Eng. Ahmed Al-Rajhi highlighted that this edition would foster dialogue, share knowledge, and collaborate with partners like the International Labor Organization, the World Bank, and the United Nations Development Programme. "By fostering dialogue, sharing knowledge, and collaborating with partners like the International Labor Organization, the World Bank, and the United Nations Development Programme, GLMC aims to create a comprehensive ecosystem for global labor markets," he said.

The conference is expected to bring together over 40 labor ministers from various countries. Panel discussions and workshops will feature more than 200 speakers from 50 countries. These sessions will provide a platform for attendees to exchange ideas, experiences, and best practices aimed at driving positive change in labor practices.

One of the key objectives is to bridge labor market gaps and offer actionable insights for stakeholders. By addressing challenges and attracting top young talent, the conference aims to set global standards of excellence in labor practices.

Strategic Solutions for Vision 2030

The event will also focus on developing strategic solutions that align with Saudi Arabia's Vision 2030 goals. This vision aims to modernize various sectors within the Kingdom, including labor markets. The conference will provide participants with tools and knowledge to navigate an evolving labor landscape effectively.

By fostering collaboration among international organizations and experts, GLMC aims to create a comprehensive ecosystem for global labor markets. This collaborative approach is expected to yield significant benefits for all participants involved.

The Ministry of Human Resources and Social Development believes that this conference will be instrumental in shaping future labor policies both locally and globally. The event's outcomes are anticipated to have a lasting impact on improving labor market practices worldwide.

The conference underscores Saudi Arabia's commitment to playing a leading role in global labor market discussions. It highlights the Kingdom's dedication to achieving excellence through international cooperation and knowledge sharing.

This event marks another step towards realizing Saudi Arabia’s Vision 2030 by addressing current challenges in labor markets while setting new benchmarks for future success.

With inputs from SPA