National Framework for Corporate Risk Governance

The Ministry of Labor in the Sultanate of Oman, in collaboration with the National Risk Register, has launched the National Framework for Corporate Risk Governance with the goal of enhancing risk management within organizations. The framework aims to set clear standards and foundations to improve risk assessment and mitigation processes, thereby supporting the sustainability of institutions in a safer and more stable working environment. This initiative was launched under the patronage of His Excellency Dr. Muhad bin Saeed Bawain, Minister of Labor, to bolster the sector’s capacity to effectively address challenges.