RIYADH: Agreements and memorandums of understanding worth SR246 million ($65.5 million) were signed on the first day of the Global Labor Market Conference in Riyadh. Over 15 MoUs were signed between several parties, including the Kingdom’s Ministry of Human Resources and Social Development, the Human Resources Development Fund, Riyad Bank, and Riyadh Airports Co., aiming to facilitate thousands of training and job opportunities. The MoU between the Ministry of Human Resources and Social Development and Riyad Bank stipulates that the two parties will cooperate to improve services provided to individuals with disabilities by identifying and removing obstacles that prevent their access and participation in the banking sector. In the aviation sector, an MoU between the Human Resources Development Fund and Riyadh Air aims to provide the necessary resources and expertise to establish a training program for the aviation company’s employees, focusing on female empowerment. On its second day, the conference will see the signing of 80 agreements and MoUs on issues related to the labor market, such as the impact of artificial intelligence, inclusivity in the workplace, and the gap between the labor market and talents.