Oslo: The Norwegian Nobel Committee today announced that Venezuelan industrial engineer Maria Corina Machado has been awarded the 2025 Nobel Peace Prize. Machado, 58, was recognised for her efforts to promote democratic values and political freedoms in Venezuela.
According to Emirates News Agency, the Nobel Peace Prize, worth 11 million Swedish kronor (around US$1.2 million), will be formally presented in Oslo on 10th December. This date marks the anniversary of the death of Swedish industrialist Alfred Nobel, who established the prizes in his 1895 will.
