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Saudi Human Resources and Social Development Vice Minister, International Labor Organization (ILO) Director-General Gilbert F. Houngbo Open Second-Day of the Inaugural Global Labor Market Conference
- GLMC Platform Launches ‘Rayan,’ first ever AI tool designed to answer queries on labor markets
- National Private Sector Training Program Pledge, ‘Waad,’ already 50% Toward its Target
- ILO Director-General Implores Global Community to Support, Create Employment Opportunity for Youth.
RIYADH, Saudi Arabia, Dec. 14, 2023 /PRNewswire/ — H.E. Dr. Abdullah Nasser Abuthnain, Vice Minister of the Saudi Ministry of Human Resources and Social Development welcomed over 6,000 guests and 150 participants back to second day of the inaugural Global Labor Market Conference (GLMC).
After welcoming guests and highlighting the previous day’s successes, H.E. Vice Minster Abuthnain discussed the Kingdom’s focus on two critical areas: skills development and new forms of work.
“The Kingdom has prioritized skill development to support economic diversification toward a more productive and knowledge-based economy,” said the Vice Minister. He pointed to Saudi Vision 2030 programs such as the Human Capability and Development Program, and the Labor Market Strategy, which have been established to drive skill development and address skill mismatches.
H.E. Vice Minister Abuthnain continued “We in the ministry have adopted a demand driven approach to skill development by forming partnerships with private sector and other stakeholders.” Successes he highlighted include the establishment of 12 sectoral councils with over 150 participating members and the creation of an overarching skill framework that has resulted in a complete standard definition for 300 occupations covering 2,000 skills.
H.E. the Vice Minister also highlighted the success of the National Private Sector Training Pledge Program, ‘Waad’ under which the private sector has committed to training 150,000 individuals by 2025, a target already 50% achieved.
The morning also featured a keynote address from International Labor Organization (ILO) Director-General Gilbert F. Houngbo. Speaking specifically to the path forward for young people in labor markets, Director-General Houngbo set the tone, saying “we all must double down on our effort to ensure that our next generation can flourish as productive members of society.” The Director-General framed the potential for youth cohorts, calling them “not mere beneficiaries, they are key stakeholders and the architects of the future labor market.” He went on to say of youth “They represent the driving force for change and innovation particularly as the world stands on the brink of unprecedented challenges exacerbated by climate change, rapid technology advancement, shifting demographics, and geopolitical tensions.“
Director-General Houngbo emphasized the stakes for young people, sharing a number of datapoints: the global youth unemployment rate exceeds 3 times that of adults; more than 3 out of 4 young people are informally employed, 1 in 3 youth are working, yet still living in poverty. Imploring the audience, Director-General Houngbo declared “This cannot be the statistical reality of the future.”
Among possible solutions, Director-General Houngbo called for investments in internet infrastructure, policies to encourage inclusivity, a focus on digital literacy, and the potential of the green and blue economies, which by 2030 could create up to 8.4 million new jobs for young people.
Director-General Houngbo concluded with a message addressed directly to youth, calling on young people to “take the lead, to actively participate in your communities and make your voices heard in public fora, and on the issues that you care about, and the changes you want to see, the future we know belongs to you.”
In addition to speakers, GLMC Day 2 witnessed the unveiling of ‘Rayan,’ the first ever AI tool specifically concerning global labor markets. Trained on trillions of datapoints within billions of parameters, ‘Rayan’ is capable of providing up-to-date information and responses on all queries related to global labor markets. Introducing the tool, GLMC CEO Ohoud Al-Shamikh, demonstrated Rayan’s capability, asking “Tell me Rayan, with declining populations across the globe how can AI be used in the labor market to help adapt to these new realities?“
The morning’s activities followed the opening day of the inaugural global labor market conference and continued its program of over 40 unique keynote addresses, informational panels sessions, fireside chats, and auxiliary events all aimed at addressing current challenges, future uncertainties, and opportunities for global labor markets.
Day 2 features an equally impressive line-up of speakers and participants, including Saudi officials such as H.E. Dr. Hala bint Mazyad Al-Tuwaijiri, President of the Saudi Human Rights Commission, H.E. Dr. Abdullah bin Sharaf Al-Ghamdi, President of the Saudi Data and Artificial Intelligence Authority, and Takamol Holdings CEO Dr. Ahmad Al-Yamani.
For more on the global labor market conference and to utilize Rayan visit www.globallabormarketconference.com
About the Global Labor Market Conference
The Global Labor Market Conference is a platform that aims to convene experts, specialists, and representatives of labor market stakeholders to engage in discussions about current and future international market challenges and propose innovative solutions to address them. Launched in Riyadh by the Ministry of Human Resources and Social Development of the Kingdom of Saudi Arabia, this annual conference seeks to establish a forum for the exchange of ideas, collaboration, and as a driving force for positive changes in labor practices on a global scale.
The event will gather Excellencies, the Ministers of Labor from G20 countries, leaders of pertinent international organizations, high-ranking officials, and figures from government and private sectors worldwide. It will also draw participation from major investors in both local and international private sectors. The conference’s primary focus will be on policies and best practices related to labor markets, while emphasizing the pivotal roles of employers and governments in shaping a harmonious and inclusive labor market.
In addition to the core conference program, which will delve into topics concerning the future of labor markets, the ongoing transformations in the world of work, and the influence of globalization, several ancillary activities will take place. These will include specialized workshops, diverse events, the signing of numerous memorandums of understanding and agreements, and the recognition of distinguished institutions and organizations within the labor market through the “Labor Award.”
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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.
The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.
To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.
The webcast can be followed live here and a recording will be available afterwards.
Information on EQT AB’s financial reporting
The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.
The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.
Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]
Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826
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- Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
- Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
- Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
- Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
- PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
- Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
- 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
- CEO reaffirms Kia’s commitment to ESG management
SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.
Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.
During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.
The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.
“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”
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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.
As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.
The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.
Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.
About BioVaxys Technology Corp.
BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.
ON BEHALF OF THE BOARD
Signed “James Passin“
James Passin, Chief Executive Officer
Phone: +1 646 452 7054
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