Labor Ministry unveils risk management framework

The Ministry of Labour in the Sultanate has launched a unified national risk management framework aimed at stimulating economic activity. This includes establishing free markets in areas such as Al Wujaijah, Khamis Melaḥah, and the Empty Quarter, with the goal of boosting investments and facilitating trade. The framework seeks to improve the business environment and reduce economic risks, supporting the development of the private sector and the implementation of developmental initiatives. These efforts are part of the government's broader strategy to enhance economic stability and create new employment opportunities.